Hanoi, Sept. 17 -- Vietnam Prosperity Joint Stock Commercial Bank (VPBank) has become the first bank in Vietnam to successfully issue 300 million USD in sustainable bonds on the international market.

This milestone marks an important step in bringing domestic financial institutions closer to the global green capital market.

The issuance, structured as a private placement, has a maturity of five years and comprises 1,500 bonds, each with a face value of 200,000 USD. Proceeds will be allocated by VPBank to renewable energy, sustainable transport, low-emission agriculture, inclusive finance for small and medium-sized enterprises (SMEs) and women-led businesses, as well as initiatives that enhance community well-being.

VPBank estimates tha...