VinFast and MUFG Bank partner up over a $100 million Green Loan facility
Singapore, 25 September 2025 — VinFast has secured a USD 100 million green loan facility from MUFG Bank, Ltd. to support its development and international expansion as a pure-electric vehicle manufacturer. The facility marks the start of a long-term partnership aimed at advancing the green transition in Vietnam and worldwide.
The credit facility is structured as a green loan, with proceeds dedicated to projects that align with sustainable finance principles. VinFast plans to deploy the capital to scale operations in Asia, strengthen its presence in key global markets, drive revenue growth, and optimize costs for long-term success.
“The inaugural USD 100 million green credit facility from MUFG Bank not only bolsters our financial capacity, but also reaffirms our commitment to the global green energy transition. We value MUFG’s leadership in sustainable finance in Vietnam and look forward to a long-term, prosperous partnership,” said Ms. Pham Nguyen Anh Thu, Deputy CEO of Investment at VinFast.
“We are delighted to support the sustainable development of VinFast and its emergence as a pioneering force in the electric vehicle industry. With our track record in sustainable financing and experience across renewables and clean energy, we are well-positioned to empower VinFast’s EV development and international expansion. This partnership aligns with MUFG’s priorities in promoting net-zero cooperation, supporting green transition, and advancing clean energy solutions globally,” said Mr. Takao Nozaki, Managing Director and Regional Head of Vietnam at MUFG Bank.
This first-time collaboration underscores MUFG’s confidence in VinFast’s vision and growth potential, while opening the door to future opportunities in the rapidly growing EV sector. The two parties intend to work together to create positive outcomes for communities and accelerate adoption of clean mobility.
The agreement also comes as MUFG takes an active role in Vietnam’s sustainability agenda. As Chair of the Banking Working Group for 2023–2025, MUFG has coordinated with government ministries on green finance topics, including carbon credit mechanisms, startup support, and broader ESG initiatives—reinforcing its role as a key bridge for green capital.
VinFast’s global momentum
Founded eight years ago, VinFast has evolved into a pure-play electric vehicle company with a diverse portfolio spanning electric SUVs, e-bikes, e-scooters, and e-buses. The company has listed on NASDAQ and, in 2024, achieved the top position in Vietnam’s domestic automotive market. VinFast has established a presence in North America and Europe and is expanding into high-potential markets such as India, Indonesia, and the Philippines, leveraging Vingroup’s comprehensive green ecosystem.
About VinFast
VinFast (NASDAQ: VFS) is a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates. Its mission is to make electric vehicles accessible to everyone. The current lineup includes electric SUVs along with e-bikes, e-scooters, and e-buses. VinFast is rapidly growing its global distribution and dealership networks and increasing manufacturing capacity across North America, Europe, and Asia.
About MUFG Bank
MUFG Bank, Ltd. is Japan’s premier bank with a global footprint in around 40 countries. Outside Japan, it provides a full range of commercial and investment banking products and services for businesses, governments, and individuals. Its parent, Mitsubishi UFJ Financial Group, Inc. (MUFG), is among the world’s leading financial groups, employing about 150,000 people and offering services across commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the world’s most trusted financial group by collaborating across its companies to serve customers’ financial needs and contribute to shared, sustainable growth.
