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 recognizing 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 honored in the category of “Best Green Loan” for a US$500 million syndicated term loan (including US$400 million for Vingroup and US$100 million for VinFast). Although this is the first syndicated green loan financing from Vietnam, 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.
Mr. Nguyen Viet Quang, Vice Chairman and Chief Executive Officer of Vingroup said: “The Asset Triple-A’s award affirms Vingroup’s prestige in the international capital market, as well as our long-term commitment to sustainable development in Vietnam. It also serves as a vote of confidence from international investors in the Vietnamese capital markets and particularly Vingroup and VinFast.”
Recognitions awarded to Vingroup and VinFast demonstrate the partnership and trust from international financial institutions and lenders in our sustainability efforts. Most prominently, VinFast aims to become a global smart electric vehicle manufacturer to promote green private and public passenger transportation in Vietnam and our international markets.
Hashtag: #Vingroup
The issuer is solely responsible for the content of this announcement.
About Vingroup
Founded in 1993, Vingroup is one of the leading private conglomerates in the region and currently focuses on three business pillars: Technology and Industrials, Real-estate and Services, and Social Enterprises. Find out more at: https://www.vingroup.net/en.
About The Asset
The Asset, founded in 1999, is the leading Asian financial and banking magazine. Since its foundation, The Asset has provided essential news, analysis and insights addressed to a distinct community of corporate leaders and financial decision-makers. The Asset news are delivered through multi-media platforms before print and digital audiences of 130,000.
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Upcoming Events
‘A WORKING LUNCH WITH NORDIN’: NATIONWIDE TOUR WITH TOYOTA
MGBF founding chairman Nordin Abdullah and UMW Toyota president Datuk Ravindran K. will delve into the convergence of automotive innovation and environmental sustainability in Penang, Sarawak, Johor and Pahang.
MGBF Roundtable: Digitalisation of the Food and Beverage Industry
Hosted by menumiz™ – an end-to-end restaurant management system – this roundtable will feature a case study presentation and a panel session to discuss the latest digital trends, challenges, and opportunities within the food and beverage sector.
THE SOUTH CHINA SEA: A THREAT OF DISRUPTION FOR BUSINESS?
In this episode of 'A Working Lunch with Nordin', MGBF's founding chairman, Nordin Abdullah, will host this discussion focusing on the biggest threats and opportunities for businesses as we look to manage change in the South China Sea.
FOOD SECURITY IN THE BREACH: INDUSTRIALISATION AND WEAPONISATION
This MGBF Roundtable will focus on regional food security issues and trends in the regional supply chain, and trade regulations and policies, including a new geopolitical tool i.e., weaponisation of supply chains.
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