Joint Stock Commercial Bank for Investment and Development of Vietnam

Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) is a majority state-owned commercial bank headquartered in Hanoi, Vietnam. Its mission is to support national economic growth through investment and development while positioning itself as a leading bank in sustainable development and environmental, social, and governance (ESG) practices. BIDV operates a comprehensive ecosystem of banking, insurance, securities, and financial investment services across branches and transaction offices domestically and internationally.

As a key government partner in addressing climate change, BIDV aligns its activities with Vietnam’s National Climate Change Strategy to 2050 and other relevant government directives. The bank leverages its market position to promote renewable energy and green finance initiatives, supporting projects that address climate challenges while advancing the country’s sustainable development goals.

With its expertise and extensive network, BIDV has the potential to act as an intermediary bank for channeling GCF financing for Viet Nam, particularly for renewable energy and climate-related projects. By mobilizing GCF resources, the BIDV aims to provide competitively priced capital to high-impact projects, enhance Vietnam’s green financial market, and strengthen its contribution to the country’s transition to a low-carbon, sustainable economy.