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[BUSINESS] · Vietnam · 5 sources

BIDV rolls out sustainable deposit scheme and expands green finance partnership with VDB

BIDV has launched a new "Sustainable Deposit" product for corporate clients. The time‑bound deposit links idle corporate funds to projects that meet environmental and social criteria, while offering the same safety, liquidity and return as traditional deposits. The scheme is part of BIDV’s broader ESG strategy to channel capital toward renewable energy, green infrastructure, sustainable agriculture and community‑focused initiatives.

Separately, BIDV signed a comprehensive cooperation agreement with Vietnam Development Bank (VDB). The pact calls for joint activities in credit and co‑financing, green finance, digital banking, trade finance, payment services and cross‑selling of retail and insurance products. Both banks aim to leverage their complementary strengths to expand sustainable financing and support Vietnam’s economic‑social development goals.