BIDV Partners with Samsung Group to Develop Green Energy in Vietnam

Attending the signing ceremony on behalf of BIDV were Mr. Doan Viet Nam—Deputy General Director; Mr. Ham Jin Sik—a member of the Executive Board; along with leaders from departments and centers at the headquarters, staff seconded from HanaBank, and the Executive Board of BIDV Hanoi. Representing Samsung C&T Corporation were Mr. Song Young Cherl, General Director of Samsung C&T Vietnam, and Mr. Chung Diệu Tuấn, General Director of CME Solar Investment Joint Stock Company, along with members of the leadership team and representatives from Samsung C&T Vietnam and CME Solar.

With nearly 70 years of establishment and development, BIDV is Vietnam’s largest commercial bank by total assets, playing a leading role in providing credit for key national projects, supporting businesses, and promoting economic growth. Among these, BIDV Hanoi is a branch ranked among the top in terms of scale and efficiency, and it consistently prioritizes and focuses on developing cooperation with projects that provide renewable and green energy to the economy; in line with its long-term vision, strategy, and substantive commitments to channeling green capital and promoting the transition to a green and circular economy, on the journey to create sustainable value for the present and the future.

As for our partner, Samsung C&T, with nearly 90 years of history and a presence in over 50 countries and territories, Samsung C&T is now a key business unit and ranks among the top three largest companies within the Samsung Group of South Korea. CME Solar Investment Joint Stock Company, a trusted partner of many prominent foreign-invested enterprises (FIEs) in the market, with over 250 MW of solar power generation capacity, provides clean energy solutions to the large FIE community in Vietnam.

As the energy transition and sustainable development become an inevitable global trend, cooperation between financial institutions and pioneering companies in the clean energy sector is becoming increasingly important. The rooftop solar power system investment plan is one of many renewable energy projects that SAMSUNG C&T and CME Solar will implement in 2026. Once operational, these rooftop solar power systems will help increase the supply of clean energy for foreign-invested manufacturing enterprises in general and those within the Samsung Group’s supply chain in particular. Recognizing the significance and importance of this project within Samsung C&T and CME Solar’s business expansion strategy in Vietnam, BIDV is partnering to provide medium- to long-term financing for the project, with CME VISTA One Co., Ltd. serving as the signatory representative.

Recognizing the role and significance of developing a green, sustainable bank and implementing ESG practices for BIDV’s business operations, as part of its long-term business strategy and direction, BIDV has established the overarching goal of “pursuing sustainable development,” centered on promoting green credit and sustainable finance to contribute to the comprehensive development of the community. BIDV is pursuing a strategy to position itself as a Green Bank, aiming to become the market leader in ESG practices and sustainable finance, gradually aligning with international standards for green finance and implementing a roadmap to transition into a Net-Zero Bank (Net-Zero Bank).

With concrete solutions, strong commitments, and decisive actions, BIDV is steadily affirming its pioneering role in green economic development, making a positive contribution to the nation’s sustainable development goals. to become the market-leading bank in ESG (environmental, social, and governance) practices and sustainable finance; gradually aligning with international standards for green finance and implementing a roadmap to transition into a “Net-Zero Bank.”