FMO and HDBank cooperate in investment, promoting green and sustainable growth in Vietnam

(Dan Tri) - On November 11, the Netherlands Development Bank (FMO) and Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) signed a Memorandum of Understanding (MoU) on investment cooperation and sustainable finance.

Through this Memorandum of Understanding, the two parties agreed to cooperate in implementing FMO's investment of USD 30 million in the first international green bond program issued by HDBank , with a total expected scale of up to USD 100 million in 2025.

Mr. Kees van Baar - Ambassador of the Kingdom of the Netherlands to Vietnam (3rd from left) and Mr. Tran Hoai Nam - Permanent Deputy General Director of HDBank (2nd from left) - exchanged the Memorandum of Understanding (MoU) witnessed by Ms. Aukje de Vries - Minister of Foreign Trade and Development Cooperation of the Kingdom of the Netherlands (4th from left) (Photo: HDBank).

Mr. Juan Jose Dada Ortiz, Head of Financial Institutions Division of FMO, said: “FMO is delighted to start this partnership with HDBank. With the signing of this Memorandum of Understanding, we look forward to working with HDBank to promote inclusive and sustainable economic growth in Vietnam.

FMO's participation in investing in the first international green bond issued by HDBank is an important milestone that we believe will open up a strong and sustainable cooperative relationship."

FMO and HDBank also wish to continue researching and promoting the implementation of new potential cooperation programs in the future, focusing on areas such as green finance, renewable energy, small and medium enterprises, as well as initiatives to promote more inclusive, productive and sustainable economic growth in Vietnam.

The Netherlands Development Bank (FMO) is a leading international investor, supporting sustainable private sector growth in developing countries and emerging markets by investing in promising projects and businesses.

FMO focuses on the following sectors: agri-food, forestry, energy and financial institutions. With a total committed portfolio of approximately 13.5 billion EUR, spread across more than 85 countries and territories, FMO is one of the world's leading bilateral private sector development banks.

Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) is the leading commercial bank in Vietnam, with total assets of VND 782,000 billion as of September 30, 2025, serving more than 20 million individual and corporate customers.

HDBank is a pioneer in digital transformation, developing a comprehensive financial - consumer - digital service ecosystem, and leading in green finance and sustainable development, contributing to promoting inclusive economic growth in Vietnam.

Source: https://dantri.com.vn/kinh-doanh/fmo-va-hdbank-hop-tac-dau-tu-thuc-day-tang-truong-xanh-ben-vung-tai-viet-nam-20251114142213414.htm