Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has announced the issuance of its Sustainability Bond Framework to boost funding for projects that protect the environment, deliver environmental benefits, and create positive social impacts.

Vietcombank’s Sustainability Bond Framework is developed based on the green taxonomy criteria under Decision No. 21/2025/QD-TTg of the Prime Minister dated July 4th, 2025, while voluntarily complying with international standards namely the Sustainability Bond Guidelines (2021) of the International Capital Market Association (ICMA), with valuable support from the Global Green Growth Institute (GGGI).

In alignment with the Government's orientation to achieve Net Zero emissions by 2050 and the transition toward a green, digital, circular, and sustainable economic model, Vietcombank prioritizes sustainable growth and strives to become a leading financial institution in integrating Environmental, Social, and Governance (ESG) standards into its business operations. The launching of Sustainability Bond Framework is a concrete step towards fulfilling Vietcombank strong commitment to sustainable development, prioritizing credit for environmental and social objectives.

Vietcombank’s Sustainability Bond Framework is built upon 4 main pillars:

- Use of proceeds;

- Project evaluation and selection;

- Management of proceeds;

- Reporting.

Proceeds from Sustainability Bond are allocated to projects that will deliver positive environmental and social outcomes including: Renewable Energy, New Energy; Sustainable transport; Green Construction; Water and Sustainable Water Resources Management; Agriculture, Forestry and Biodiversity Conservation; Sustainable processing and manufacturing industry; Waste management and resource efficiency; Essential Services – Health; Essential Services – Education and Training; Affordable Housing; Affordable basic infrastructure; Food security.

Vietcombank’s Sustainability Bond Framework has been highly rated by Sustainable Fitch (an independent provider of Second-Party Opinions - SPO) with a "Good" rating – the second-highest level in Sustainable Fitch’s assessment scale. According to Sustainable Fitch, the "Project Evaluation and Selection Process" and "Impact Reporting" under Vietcombank’s Sustainability Bond Framework are rated as "Excellent," adhering to best practices.

Vietcombank believes through our scale, influence, and holistic approach to ESG issues, we will help address the critical environmental and social challenges of our time, promoting sustainability, and building a prosperous Vietnam.

Valued customers and partners may refer to the Vietcombank Sustainability Bond Framework and the assessment report by Sustainable Fitch at the links below.

Vietcombank’s Sustainability Bond Framework

Second-Party Opinion (SPO) by Sustainable

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