HDBank, associated with Vietnamese female billionaire Nguyen Thi Phuong Thao, has signed a strategic partnership with the London Stock Exchange to support Vietnamese businesses in accessing international capital markets, alongside plans to issue up to $300 million in green bonds.
The two sides signed the agreement at an investment forum on April 14, co-organized with the Vietnam International Finance Centre (VIFC) in Ho Chi Minh City, HDBank said in a release on Wednesday. HDBank and the London Stock Exchange will also collaborate with Vietnamese enterprises to facilitate fundraising activities, provide advisory on overseas listings, and connect companies with international investors.
The partnership aims to promote cross-border fundraising, including the issuance of shares, bonds, and other financial instruments in London, while strengthening connections with global institutional investors and improving corporate governance and transparency standards. It also reflects broader efforts to deepen Vietnam’s integration into global financial systems and enhance access to international capital for domestic enterprises.
Vietnam is seeking to mobilize long-term capital to support its economic goals, including a targeted 10 percent GDP growth rate. The country has been advancing capital market reforms and increasing efforts to attract international investment. Earlier initiatives include the launch of the VIFC as a channel for global capital inflows.
Besides, HDBank announced plans to issue up to $300 million in international green bonds, as part of its strategy to expand sustainable financing and diversify long-term funding sources.
Kim Byoungho, chairman of the Board of Directors of HDBank, said: “The cooperation with the LSE is not only aimed at raising capital, but also at supporting Vietnamese businesses in accessing global standards of governance, transparency, and sustainable development.”
The London Stock Exchange is one of the world’s major financial markets, hosting more than 1,600 international companies and operating a global bond market valued at approximately $34 trillion.
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