British International Investment has invested USD20 million in the second tranche of HDBank’s inaugural international green bond programme, alongside a USD30 million commitment from FMO. The tranche follows a USD50 million anchor investment by the International Finance Corporation in the first issuance, marking a coordinated push to scale green finance in Vietnam.
Proceeds from the bonds will be directed toward solar power, electric vehicles, green buildings, and energy-efficiency projects. Together, these investments are expected to cut around 102,000 tonnes of CO₂ over the next decade, supporting Vietnam’s Net Zero 2050 target and broadening access to climate-aligned capital across the economy.
The deal signals growing confidence among international development financiers in Vietnam’s sustainable finance ecosystem. By crowding in capital through HDBank’s green bond platform, BII and partners aim to accelerate the country’s energy transition while reinforcing the role of local banks in funding climate-responsible growth.