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.