HDBank and LSE Partner for Vietnam's Capital Access

The Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) and the London Stock Exchange (LSE) have formed a strategic partnership to facilitate Vietnamese businesses' access to international capital markets. This collaboration, announced at an Investment Forum in Ho Chi Minh City, aims to promote cross-border fundraising activities, including the issuance of shares, bonds, and other financial instruments on the London market. The initiative is part of Vietnam's broader strategy to achieve 10% GDP growth, focusing on infrastructure, technology, manufacturing, and the green economy, which requires substantial long-term capital. The partnership will also strengthen connections with global institutional investors and improve corporate governance standards in Vietnam. HDBank plans to issue up to $300 million in international green bonds as part of its sustainable financing strategy. Key Vietnamese businesses like Hoa Sen Group, Truong Hai Group, and Phuc Sinh Corporation are also involved in cooperation agreements to access international capital.