For the third consecutive year, Vietnam Foreign Trade Commercial Bank ( Vietcombank ) is proud to be recognized among the top 20 companies with the best sustainable development index in the market. This information further affirms Vietcombank's leading position with significant progress in sustainable finance, corporate governance, and social responsibility.
Leading in financial performance and sustainable development.
In 2024, with relentless efforts, Vietcombank continued to affirm its position as the number one bank in Vietnam in terms of quality and operational efficiency, with total assets exceeding 2 trillion VND, leading profits in the banking industry, and the best asset quality in the system. With outstanding business results, Vietcombank is one of the largest contributors to the state budget, solidifying its position among the top 100 banks by market capitalization globally, and is the highest-ranked Vietnamese enterprise in the Top 1000 largest public companies globally.
Furthermore, Vietcombank has made a strong pioneering mark in promoting social responsibility to the community, maintaining its dominant role in providing capital to the economy with the lowest interest rates on the market, implementing comprehensive interest and fee reduction programs, accompanying the Government in supporting customers to recover economically, overcome damage caused by epidemics and natural disasters, sponsoring social welfare activities, participating in supporting weak credit institutions, contributing to the healthy and stable development of the banking industry and the economy. In the period 2020-2024, Vietcombank allocated more than 2,300 billion VND to social welfare programs, with 571 billion VND allocated in 2024 alone, focusing on healthcare, education, supporting the construction of charitable houses, and paying special attention to investing in mountainous areas, ethnic minority areas, poor districts, particularly disadvantaged communes, villages, and islands.
Vietcombank consistently maintains a leading position in many important rankings by reputable domestic and international organizations.
Pioneering the promotion of green finance and comprehensive ESG practices.
In November 2024, Vietcombank became the first bank in Vietnam to issue green bonds in accordance with domestic law, while voluntarily complying with the International Capital Markets Association (ICMA) Green Bond Principles – affirming its pioneering role in the field of green finance. The bank continues to expand its green credit portfolio, focusing on financing renewable energy projects, sustainable infrastructure, and clean production. By the end of 2024, Vietcombank's green credit outstanding reached nearly VND 47,600 billion – more than four times higher than in 2020, accounting for 3.3% of total outstanding loans; of which 84.7% was allocated to renewable energy and clean energy projects.
Simultaneously, Vietcombank is accelerating comprehensive digital transformation to optimize operations, improve resource efficiency, and minimize carbon emissions. The bank is also gradually standardizing its Sustainable Development Reports according to international practices such as GRI and TCFD, while focusing on training ESG specialists, contributing to building a sustainable development culture throughout the system.
Steadfast on the journey towards a sustainable green future.
Continuing to be recognized in the Top 20 VNSI in 2025 affirms Vietcombank's sound strategy, relentless efforts, and deep commitment to promoting green finance, sustainable development, and creating long-term value for shareholders, customers, and the community. With a solid financial foundation, a clear development strategy, and valuable support from customers, shareholders, and partners, Vietcombank is confident in continuing its pioneering role in the banking industry – becoming a sustainable green bank, a convenient and secure digital bank, providing superior experiences, and being the top choice for customers, contributing to shaping the future of green finance in Vietnam.
Source: https://nld.com.vn/vietcombank-vao-top-20-doanh-nghiep-co-chi-so-phat-trien-ben-vung-tot-nhat-thi-truong-196250724143214113.htm
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