Vingroup named “best issuer for sustainable finance”

April 02, 2023 - 09:00

Vingroup has just been named “The Best Issuer in Sustainable Finance in 2022”.


A view of Ocean Park in Đa Tốn, Gia Lâm District being developed by Vingroup. — Photo coutersy of the group

HÀ NỘI – Vingroup has just been named “The Best Issuer in Sustainable Finance in 2022”.

Vingroup and subsidiary VinFast also jointly received the “Best Green Loan” award from The Asset Triple-A Country Awards. With these two prestigious awards, Vingroup has affirmed its pioneering role in sustainable investment and international finance.

The Asset Triple-A Country Awards is one of the region's leading prestigious financial awards with a history of more than 20 years, attracting the participation of major issuers and financial institutions from 18 Asian countries. The awards are held annually, with an objective and independent evaluation process by a council of leading international finance, banking and capital markets professionals.

Overcoming many candidates, Vingroup was awarded the “Best Issuer for Sustainable Finance in 2022" award, a prestigious award recognising the commitment to sustainable finance and implementing effective activities towards the United Nations’ 17 sustainable development goals.

In addition to the “Best Issuer in Sustainable Finance in 2022”, Vingroup and VinFast were also honoured in the category of “Best Green Loan” for a US$500 million syndicated term loan (including $400 million for Vingroup and $100 million for VinFast).

Although this is the first syndicated green loan financing from Việt Nam, Vingroup and VinFast drew strong interest from the market very quickly, allowing the borrowers to increase the total facility amount from $300 million to $500 million, marking a new milestone in the Group’s international fund raising track record. -- VNS