VinFast and MUFG Bank partner up over a $100 million Green Loan facility – Newspatrolling.com
VinFast has secured a USD 100 million green loan facility from MUFG Bank, Ltd. The financing will support VinFast’s development as a pure-electric vehicle manufacturer and fund its international expansion, marking the start of a long-term partnership focused on accelerating the green transition in Vietnam and abroad.
What the green loan will support
The credit facility is structured as a green loan, with proceeds dedicated to projects that advance VinFast’s electric vehicle roadmap. The company plans to channel the capital into initiatives that expand its presence across Asia, drive revenue growth, and optimize operating costs for sustained, long-term performance.
Executive perspectives
VinFast’s leadership emphasized that the facility strengthens the company’s financial capacity while reaffirming its commitment to the global shift toward clean energy. They highlighted MUFG’s leadership in sustainable finance in Vietnam and expressed confidence in building a durable, mutually beneficial relationship.
MUFG Bank noted that supporting VinFast aligns with its priorities in promoting net-zero cooperation and scaling clean energy solutions worldwide. Drawing on its experience in sustainable financing and sectors such as renewables and clean energy, MUFG underscored its intent to back VinFast’s EV development and international growth strategy.
Why this partnership matters
This first-time collaboration underscores MUFG’s confidence in VinFast’s vision and growth potential. By combining MUFG’s financing expertise with VinFast’s expanding EV portfolio, both parties aim to unlock new opportunities in the rapidly developing electric mobility market and deliver broader benefits to communities.
MUFG’s role in Vietnam’s green transition
MUFG has been actively involved in Vietnam’s sustainability agenda. As Chair of the Banking Working Group (2023–2025), the bank has worked with government ministries to organize specialized discussions on green finance, carbon credit mechanisms, startup support, and ESG initiatives—reinforcing its role as a key conduit for green finance in the country.
VinFast’s momentum
Eight years after its founding, VinFast has evolved into a pure-electric vehicle company with a diversified portfolio and a listing on NASDAQ. In 2024, the company led the domestic automotive market, established a foothold in North America and Europe, and began expanding into high-potential markets such as India, Indonesia, and the Philippines. VinFast continues to leverage the broader green ecosystem of its parent group, Vingroup, to scale its global ambitions.
With this USD 100 million green loan facility, VinFast and MUFG Bank are cementing a partnership designed to accelerate EV adoption, advance sustainable finance, and propel the next phase of clean mobility growth across key markets.
