No-smoke car line officially launched
From June 2, 2025, Vietcombank will officially operate the first domestic electric bus route in Hanoi. The roadmap connecting the bank's working locations includes: Century Building, 458 Minh Khai - 72 Tran Hung Dao - 32 Hang Bai - Head Office (TSC) 198 Tran Quang Khai and vice versa. The two-way traffic route operates from Monday to Friday with a time frame of 7:00 to 18:30 every day.
On June 15, 2025, the second route will continue to be exploited, expanding the service scope from building 11B Cat Linh to TSC. This route passes through the following points: 11B Cat Linh - 32 Hang Bai - 72 Tran Hung Dao - TSC 198 Tran Quang Khai and vice versa. The latest afternoon schedule is departed at 6:30 p.m. from TSC to the locations, more convenient for staff with flexible work schedules.
With this initiative, Vietcombank becomes the first bank in Vietnam to deploy an internal electric bus model to welcome staff. Vietcombank Green Bus is optimally designed to serve the need for efficient, economical and environmentally friendly transportation, while reducing dependence on personal vehicles using fossil fuels. The initiative contributes to forming green habits in the entire system of more than 24,000 Vietcombank employees, affirming the optimal operational mindset - reducing emissions, saving resources and reducing urban traffic pressure. That is also a concrete demonstration of the commitment to sustainable development starting from within Vietcombank.
ESG is not on paper
The first Vietcombank green electric bus route in Hanoi is part of the overall ESG strategy that the bank has been steadfastly pursuing for many years.
From successfully issuing the first VND 2,000 billion of green bonds in Vietnam, to expanding the green credit portfolio and cooperating with international organizations such as JBIC, AFD, KFW, Vietcombank is leading the sustainable financial trend in the region. In 2024, green credit at Vietcombank will continue to expand, with outstanding loans granted to green projects accounting for 3.3% of total outstanding loans, focusing on renewable energy, clean energy, sustainable water management, waste treatment, pollution prevention and sustainable transportation. The bank is also ranked in the Top 20 enterprises with the Best Sustainable Development Index in Vietnam (VNSI) by the Ho Chi Minh City Stock Exchange (HOSE).
Not only stopping at credit activities, Vietcombank also greens from the internal operating system itself. 100% of Vietcombank's headquarters and large buildings apply energy-saving solutions. Notably, headquarters such as Vietcombank Tower in Ho Chi Minh City have met Leed platinum standards - the gold standard in green construction. Along with that are a series of actions such as digitizing processes, saving energy, using recycled materials in office design, etc., most transactions of individual customers at Vietcombank have been conducted through digital channels, contributing to reducing resource consumption, reducing customers' travel routes and limiting the use of physical documents. In 2024, the total CO2 emissions per employee at the bank decreased by nearly 3% compared to the previous year.
The internal electric bus route is a clear demonstration of Vietcombank's ESG implementation: quiet, consistent and with strategic depth. Sustainable development, for Vietcombank, is not based on a slogan or accounting balance sheet, but begins with each specific operational choice.
Mr. Nguyen Thanh Tung - Chairman of the Board of Directors of Vietcombank once emphasized: "As the leading commercial bank in Vietnam, Vietcombank is committed to accompanying the Government and the State Bank in implementing the Green Banking Project, towards the goal of net zero emissions by 2050".
With the goal of being in the Top 200 largest banking and financial groups globally and becoming an ESG practice model in Vietnam by 2030, Vietcombank has been gradually realizing its strategy with specific actions.
