HDBank is among the first Vietnamese banks to announce its Sustainable Finance Framework, clearly outlining its ESG implementation vision and strategy through strong commitments and specific action plans to benefit all stakeholders.
A key feature of the Sustainable Finance Framework is HDBank’s lending orientation towards projects with green and social characteristics.
Accordingly, green assets include renewable energy projects, energy efficiency initiatives, pollution prevention and control measures, sustainable management of living natural resources and land use, clean transportation solutions, water and wastewater management, climate change adaptation strategies, products, technologies, and production processes adapted to the circular economy, and green building projects.
Social assets encompass the provision of essential services and affordable housing solutions.
The introduction of the Sustainable Finance Framework demonstrates HDBank’s commitment to environmental sustainability by providing capital for green projects that contribute to reducing CO2 emissions and supporting Vietnam’s journey towards carbon neutrality by 2050.
Additionally, HDBank’s projects also provide capital to serve and support access to essential financial solutions such as healthcare, education, and affordable housing for customers, especially in rural areas, reflecting its responsibility to the community and society, in line with the inclusive finance policy of the sustainable development strategy that HDBank is implementing.
With a pioneering tradition in the field of ESG, HDBank is one of the first banks in Vietnam to provide green credit, build an environmental and social risk management system, and establish the ESG Committee under the Board of Directors to lead and supervise sustainable development initiatives. HDBank was also a pioneer in issuing a separate Sustainability Report in 2024.
HDBank has also been consistently ranked in the Top 20 of the Ho Chi Minh Stock Exchange’s Sustainability Index for five consecutive years and has been recognized by international development finance institutions such as IFC, DEG, and Proparco for its efforts in climate finance and gender equality.
The announcement of the Sustainable Finance Framework will continue to lay a solid foundation, guiding HDBank’s values and commitments in integrating sustainable practices into its governance, operations, and business activities.
The Evolution of Vietnam’s Textile Industry: Navigating Challenges and Opportunities
The textile industry witnessed a remarkable recovery in 2024, paving the way for a confident and ambitious future. This resurgence lays the foundation for the sector to continue its strategic development, with a vision to thrive and excel in 2025 and beyond, marking a new era of prosperity and progress.
The New Travel Trend: Exploring Domestic Destinations
A shift in travel preferences is evident, with 49% of Vietnamese travelers opting for domestic locations, while a remarkable 70% of Thai and Japanese tourists favor exploring their own countries.
Traveloka, the leading travel platform in Southeast Asia, has partnered with YouGov to unveil its latest research study titled, “Redefining Travel: Understanding and Catering to the Evolving Needs of APAC Travelers.”
VietinBank Honored in Top 50 Listed Companies for Best Corporate Governance Practices
On December 5, 2024, the Joint Stock Commercial Bank for Industry and Trade of Vietnam (VietinBank – stock code: CTG) was honored to be named among the top 50 Listed Companies (LCs) pioneering and committed to enhancing Vietnam’s Corporate Governance – VNCG50 at the 7th Annual Corporate Governance Forum (AF7).
“Techcombank’s Noble ESG Vision: Championing Sustainability and Community Engagement.”
Ms. Thai Minh Diem Tu, Chief Marketing Officer of Techcombank, offers a fascinating insight into the bank’s sustainability journey, its strategic vision for mass participation sports, and the integral role of ESG in Vietnam’s future growth and development. In this exclusive interview with VET, she highlights the bank’s commitment to long-term environmental and social responsibility, and how their involvement in sports is about more than just sponsorship, it’s about community engagement and a healthier, more prosperous Vietnam.
The Stock Market Pre-Trading: A Host of Leadership Appointments and Dividend Payouts of up to 55%
The company with an impressive 55% dividend payout is Pharmaceutical and Medicinal Material Joint Stock Company, known by their stock code: PMC.
