The event marked an important step forward in the partnership between the two sides, affirming Vietcombank's pioneering role in accompanying businesses on the green transformation journey, contributing positively to Vietnam's goal of achieving net zero emissions by 2050. Previously, the two sides successfully signed a credit granting contract worth VND 2,450 billion for the Vinh Quang Industrial Park (Phase 1) - IDICO's first newly invested ecological industrial park in April 2025.
Key banks accompany green transformation businesses
As a leading national financial institution with total assets of over VND2 million billion, a network of 731 branches and transaction offices, and a comprehensive financial ecosystem, Vietcombank provides diverse services to 28 million individual customers and more than 500,000 institutional customers.
In particular, promoting the role of a leading and key bank, Vietcombank is the unit that arranges capital for a series of key and national key projects such as: granting credit (capital) worth 1.8 billion USD to Component Project 3 of the Long Thanh International Airport Construction Investment Project - Phase 1; arranging credit for the Lot B Gas Chain Project;... Most recently, Vietcombank has sponsored capital with a value of over 22,000 billion VND for the Alluvia City Eco-Gardard Area project in Van Giang, Hung Yen.
Vietcombank is the first bank to successfully issue VND 2,000 billion in green bonds in compliance with Vietnamese law and voluntarily complying with the Green Bond principle of the International Capital Market Association (ICMA). Within 4 years, the bank has tripled its green credit balance portfolio from VND 11,765 billion in 2020 to nearly VND 47,600 billion in 2024.
The signing event not only demonstrates the strategic trust between the two leading brands, but also acts to concretize the commitment to developing a green economy and enhancing national competitiveness. Through modern financial solutions, Vietcombank provides stable and flexible capital, affirming its role as a reliable financial partner, aiming for the goal of long-term companionship, together with IDICO to build a green transformation journey, bringing positive values to society.
Unity for sustainable and responsible development
IDICO is one of the leading enterprises in the industry with a strategy to develop an industrial ecosystem revolving around four key pillars: Industrial park real estate, Energy, residential and commercial real estate, and other industrial park services. IDICO's activities are oriented according to the motto "Multi-party harmony, sustainable development" along with the mission "Creating an environmentally friendly, sustainable industrial ecosystem to promote the development of businesses, society and the country".
According to the cooperation agreement, Vietcombank will provide a comprehensive financial service package for IDICO's ecosystem, including services: cash flow payment and management, international payments - trade finance, foreign exchange and capital market, credit finance, investment banking and products exclusively for IDICO's staff and partners in IDICO's value chain.
Currently, Vietcombank is providing medium and long-term capital sponsorships for Cau Nghin Industrial Park project (Thai Binh) and expanding cooperation with two key projects of Vinh Quang Industrial Park (phase 1) and Tan Phuoc 1 Industrial Park.
The Vinh Quang Industrial Park Project (phase 1) in Hai Phong is IDICO's first ecological industrial park with a scale of 226 hectares, with an investment capital of nearly 3,500 billion VND. The Tan Phuoc 1 Industrial Park project (Tien Giang) has a scale of 470 hectares, a total investment of nearly VND 5,900 billion, connecting Ho Chi Minh City and the Mekong Delta through major expressways and inland ports. With great development potential, the two IP projects promise to be ideal destinations for high-quality capital flows, especially from investors that prioritize sustainable development criteria.
In the context of extensive integration and strong digital transformation, the cooperation between Vietcombank and IDICO will be a model of financial - production connection for a green future, opening a new chapter in inter-sectoral cooperation, spreading positive values to the economy and the community.
