ESG - one of the strategic "cores" of development
The full implementation of ESG criteria in credit, investment and banking management activities is considered an important strategic core to improve credit quality, minimize risks and effectively attract green capital from international financial institutions. Going from business orientation to a green financial product and service ecosystem, VietinBank has been and is making steady progress on the ESG journey, towards standards and transparency according to global standards.
The difference in VietinBank's ESG approach is making ESG a part of the medium and long-term plan, directly linked to business operations, risk management and growth. Sustainable development messages, goals and commitments are publicly and transparently announced by the bank, clearly showing the direction. In which, the Sustainable Finance Framework is the core platform for the bank's financing and management of green finances. This framework has been assessed by Morningstar Sustainalytics as "reliable and highly impactful", thereby affirming the level of seriousness and standards in VietinBank's ESG approach.
Not stopping at orientation, VietinBank quickly concretized ESG with a specialized personnel organization structure. The Steering Committee for Sustainable Development was established with the direct participation of senior leaders from the Board of Directors and the Executive Board, ensuring that ESG is led at the highest level. The ESG & Sustainable Finance Coordination Department plays the role of "conductor", coordinating throughout the bank's ESG activities. Notably, ESG specialized personnel have been deployed simultaneously by VietinBank at branches nationwide, creating a foundation for ESG to become substantive and effective.
At the Vietnam Economic Forum 2025 - Prospects 2026, Mr. Le Thanh Tung, member of VietinBank's Board of Directors, sent a message: "VietinBank's strategy is to aim for safe, efficient and sustainable development. We identify green transformation as one of the important strategies to help VietinBank achieve this goal.
Comprehensive green financial product ecosystem
The practice of implementing ESG in the Vietnamese banking industry shows that pioneering organizations have emerged integrating ESG into business operations, risk management and sustainable development reporting, creating a solid foundation for other banks to refer to.
VietinBank is one of the pioneering banks in deploying green financial products and services with scale and depth, creating a comprehensive green financial ecosystem for customers such as the GREEN UP green financial package worth 5,000 billion VND that has brought preferential capital for green energy projects, green exports, green buildings, green transportation, and standard circular economy; V-Green Power UP package with a scale of 4,000 billion VND providing capital for the V-Green electric vehicle charging station system, contributing to promoting green transportation. VietinBank also participates in sponsoring the project of 1 million hectares of high-quality, low-emission rice in the Mekong Delta, and at the same time develops specific financial solutions for renewable energy, rooftop solar power, waste treatment combined with electricity generation...
In the retail and payment segment, VietinBank pioneered the connection of automatic train ticket payments with bank cards, promoting public transport; promoting non-cash payments; deploying online gold trading (digiGOLD) on VietinBank iPay mobile, linking social security payment accounts on VNeID - helping to both increase convenience for customers and reduce operating emissions.
To serve green growth, VietinBank actively deploys green deposit products to act as a channel connecting capital sources for green projects, and at the same time promotes working with major international partners such as ADB, MUFG, JBIC... to prepare conditions for mobilizing green capital and issuing green bonds when the market is favorable.
With clear steps and substantial results, VietinBank has been honored by IDG Vietnam as a "Typical Green Credit Bank 2025", marking the second consecutive year receiving this prestigious award.
VietinBank's ESG journey is clearly showing one thing: ESG at VietinBank is not a short-term trend, but a long-term development axis, implemented strategically, organizedly and responsibly. VietinBank is gradually affirming the pioneering role of a large commercial bank - contributing to the greening journey of the economy.
For many years, VietinBank has cooperated with international organizations to implement green credit. After Vietnam committed to reaching the NetZero target by 2050 at COP26, green credit activities at VietinBank have been increasingly promoted" - Sharing by Mr. Tran Hoai Nam, Deputy Director of Business Science Division of VietinBank at the Green Energy Transition Conference seen from Resolution 70 of the Politburo held in October 2025.
