Major banks accompany businesses in green transformation
The event marks an important step forward in the partnership between the two sides, affirming Vietcombank 's pioneering role in accompanying businesses on the green transformation journey, actively contributing to Vietnam's goal of achieving "0" net emissions by 2050.
Previously, the two sides successfully signed a credit contract worth VND 2,450 billion for the Vinh Quang Industrial Park project (phase 1) - IDICO's first newly invested ecological industrial park in April 2025.
Representatives of the two units completed the signing ceremony of the cooperation agreement in the presence of delegates. Photo: VC
As the country's leading financial institution with total assets of over VND 2 million billion, a network of 731 branches and transaction offices, and a comprehensive financial ecosystem, Vietcombank provides a variety of services to 28 million individual customers and more than 500,000 institutional customers.
In particular, promoting the role of a leading and key bank, Vietcombank is the focal point for arranging capital for a series of key and national key projects such as: Providing credit (syndicated capital) worth 1.8 billion USD for component project 3 of the Long Thanh International Airport Construction Investment Project - Phase 1; arranging credit for the Block B Gas Project Chain... Most recently, Vietcombank has provided capital worth over 22,000 billion VND for the Alluvia City ecological garden urban area project in Van Giang, Hung Yen .
Vietcombank is the first bank to successfully issue VND2,000 billion in green bonds in compliance with Vietnamese law and the voluntary Green Bond Principles of the International Capital Market Association (ICMA). Within 4 years, the bank has quadrupled its green credit portfolio from VND11,765 billion in 2020 to nearly VND47,600 billion in 2024.
The signing event not only demonstrates the strategic trust between the two leading brands, but also concretizes the commitment to develop a green economy and enhance national competitiveness. Through modern financial solutions, Vietcombank provides stable and flexible capital, affirming its role as a reliable financial partner, aiming for long-term companionship, building a green transformation journey with IDICO, bringing positive values to society.
Joining forces for sustainable, responsible development
IDICO is one of the leading enterprises with an industrial ecosystem development strategy revolving around 4 key pillars: Industrial real estate, energy, residential and commercial real estate, and other industrial park services. IDICO's operations are oriented towards the motto "Multilateral harmony, sustainable development" along with the mission of "Creating a sustainable and environmentally friendly industrial ecosystem to promote the development of businesses, society and the country".
According to the cooperation agreement, Vietcombank will provide a comprehensive financial service package for IDICO's ecosystem; including services: Payment and cash flow management, international payment - trade finance, foreign exchange and capital markets, credit finance, investment banking and products exclusively for IDICO's staff and partners in IDICO's value chain.
Currently, Vietcombank is providing medium and long-term capital financing for the Cau Nghin Industrial Park project (Thai Binh) and expanding cooperation with two key projects: Vinh Quang Industrial Park (phase 1) and Tan Phuoc 1 Industrial Park.
Vinh Quang Industrial Park Project (Phase 1) in Hai Phong is IDICO's first eco-industrial park with a scale of 226 hectares and an investment capital of nearly VND 3,500 billion. Tan Phuoc 1 Industrial Park Project (Tien Giang) has a scale of 470 hectares, a total investment capital of nearly VND 5,900 billion, connecting Ho Chi Minh City and the Mekong Delta through major highways and inland ports. With great development potential, the two industrial park projects promise to be ideal destinations for high-quality capital flows, especially from investors who prioritize sustainable development criteria.
In the context of deep integration and strong digital transformation, the cooperation between Vietcombank and IDICO will be a model of financial - production connection for a green future, opening a new chapter in inter-sectoral cooperation, spreading positive values to the economy and community.
Source: https://daibieunhandan.vn/vietcombank-dong-hanh-cung-doanh-nghiep-chuyen-doi-ben-vung-10374518.html
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