Established in 1963 amidst wartime, Vietcombank has been a steadfast partner in Vietnam's sustainable economic development. In recent years, the bank has focused on developing green financial infrastructure, allocating capital to renewable energy projects, sustainable agriculture, and sustainable transportation infrastructure.

According to its announcement, Vietcombank's total outstanding green credit quadrupled between 2020 and 2024, from over 11,700 billion VND to nearly 47,600 billion VND, accounting for 3.3% of the total outstanding loans. Funding for renewable and clean energy accounts for 84.7% of this amount.

In 2024, Vietcombank became the first bank in Vietnam to issue 2,000 billion VND in green bonds under domestic regulations, while voluntarily complying with the Green Bond Principles of the International Capital Market Association (ICMA). This is considered a significant milestone, affirming the bank's commitment to transparency and sustainable development.

The bank has also been entrusted by the Ministry of Finance to service over 300 Official Development Assistance (ODA) loan projects with a total value of nearly 30 billion USD. These funds are dedicated to key projects that drive the country's socio-economic development, such as infrastructure, transportation, healthcare, and agriculture.

Simultaneously, Vietcombank has implemented numerous credit support policies to facilitate access to capital for individuals and businesses. In 2024 alone, the bank carried out 14 interest rate reduction programs, supporting nearly 110,000 customers with an outstanding balance of over 900,000 billion VND and a total interest reduction of approximately 6,500 billion VND.

Vietcombank organizes social welfare activities, focusing on education, healthcare, and support for the poor. Photo: *VCB*

Between 2020 and 2024, the bank allocated over 2,311 billion VND to social welfare activities. These activities focus on education, healthcare, support for the poor, construction of charity houses and solidarity houses, and gifts for Vietnamese Heroic Mothers. In 2025, the bank continues to be among the top 20 companies with the Vietnam Sustainability Index (VNSI) on the stock market.

"Our corporate culture is geared towards inclusive development, placing people at the center, where every employee has opportunities for growth, every customer is served fairly, and vulnerable groups in society receive care and support," a bank representative stated.

The bank identifies sustainable development as not only linked to financial services but also as a reflection of social responsibility. In commemoration of the 80th anniversary of the August Revolution, National Day (2/9), and the Traditional Day of the People's Public Security Forces, the bank is partnering with the "Vietnam Strides Forward - 1 Billion Steps into a New Era" program, organized by Nhan Dan Newspaper and the Ministry of Public Security.

With the message "1 Billion Green Steps - Vietnam Strides Forward," the bank has committed to contributing 3 billion VND and is encouraging customers to join in spreading the message through contributions to the Vietnam Children's Fund. The bank is also offering a 2.4 billion VND incentive package for new customers to encourage community participation.

According to a Vietcombank representative, the program is both a movement for health and an opportunity to connect and spread the spirit of national unity. On its new development journey, the bank affirms its commitment to the "green banking" strategy, linking business goals with social responsibility and sustainable development.

Hoai Phuong