TPBANK SHAPES THE GREEN FINANCE ERA: A POWERFUL LEVER FOR VIETNAM’S HYDROGEN BREAKTHROUGH
At the Vietnam–ASEAN Hydrogen Human Resources Workshop on 28 November 2025—co-organized by the Vietnam–ASEAN Hydrogen Club (VAHC), Ho Chi Minh City University of Natural Resources and Environment (HCMUNRE), Pacific Group, and TPBank—TPBank delivered a keynote presentation introducing its green finance and ESG solutions.
As the world undergoes a rapid shift toward sustainability, Tien Phong Commercial Joint Stock Bank (TPBank) has asserted its pioneering position not only through strong business performance but also through a deliberate, transparent, and ambitious green finance strategy. The presentation on “Sustainable Finance at TPBank” was more than a report—it was a practical action roadmap poised to become a solid driver for new-energy investments, particularly Vietnam’s emerging hydrogen industry.
A Sustainable Vision: Grounded in Core Values
From the opening slides, TPBank clearly defined its mission: an economic institution operating with “transparency, safety, efficiency, and sustainability,” placing people and national prosperity at the center. Its vision of becoming one of Vietnam’s leading banks—powered by advanced technology—is being realized through a strategic goal to evolve into a “modern private financial group” by 2028.
This strategy is firmly built on the three ESG pillars:
Environment (E)
– Green credit aligned with Net-zero goals
– Efficient resource management to reduce emissions
Social (S)
– Equality, diversity, and inclusion
– Human-capital development
– Financial inclusion and community responsibility
Governance (G)
– Transparency and compliance
– Integration of ESG into risk management
Milestones achieved in 2024—such as “Top 5 Most Reputable Private Banks,” “Top 100 Best Places to Work,” and “Best Trade Finance Bank for Gender Financing”—demonstrate TPBank’s consistent efforts.
The Green Finance Framework: Discipline and Innovation
The core highlight of the presentation was TPBank’s Green Finance Framework, developed with scientific rigor and international benchmarks. Notably, the framework received a Second Party Opinion (SPO) from KPMG, one of the Big Four auditors, reinforcing its credibility.
The framework operates through a stringent four-step process:
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Use of Proceeds
– Clear, predefined categories of eligible “green” projects -
Evaluation and Selection
– Balancing financial risks with environmental and social risks -
Management of Proceeds
– A dedicated monitoring system to track the fund allocation of each project -
Reporting
– Annual transparent reports detailing allocation and environmental–social impacts
To ensure capital flows only into genuinely clean projects, TPBank publicly discloses a comprehensive Exclusion List covering activities harmful to society and the environment, including arms manufacturing, primary forest logging, and forced labor.
Hydrogen: A Top Priority in the Green Credit Portfolio
For hydrogen enterprises and startups, the final section of TPBank’s presentation delivered the most critical message: hydrogen projects will receive priority in green credit evaluation.
Eligible categories include:
Production Projects
– Green hydrogen
– Green ammonia
– Synthetic hydrocarbon fuels derived from hydrogen and CO₂
Facilities and Equipment
– Fuel-cell power plants
– Hydrogen electrolysers
– Reformers
– Hydrogen refueling stations
– Liquid hydrogen storage systems
Strict technical criteria:
Projects must demonstrate life-cycle emissions below 100 g CO₂/kWh and provide audited GHG inventories or LCA reports.
Importantly, TPBank emphasized that it will not finance hydrogen power plants that solely serve fossil-fuel facilities, highlighting the bank’s strict green-investment philosophy.
Commitment Through Action: VND 7,000 Billion Ready for Disbursement
TPBank’s promises are backed by substantial financial resources. The bank is implementing preferential credit packages totaling:
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VND 5,000 billion for green projects
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VND 2,000 billion for green enterprises, exporters, and women-led businesses (WSME)
This abundant capital is ready to fuel hydrogen plants, refueling stations, and energy-transition projects nationwide.
Conclusion: A Trusted Partner in Shaping a Green Future
TPBank’s presentation delivered a strong message: Vietnam’s journey into the hydrogen era cannot succeed without the partnership of a visionary, disciplined, and capable financial institution. With a transparent green finance framework, substantial capital resources, and deep technical understanding, TPBank is not merely “lending”—it is becoming a strategic partner, standing alongside enterprises to build a clean and sustainable energy future for Vietnam.
