Vinh Hoan Secures Vietnam’s First Green Trade Facility in Seafood Industry from HSBC
14 November 2024
Vinh Hoan Secures Vietnam’s First Green Trade Facility in Seafood Industry from HSBC
Vinh Hoan Corporation, Vietnam’s leading sustainable seafood producer, has achieved another milestone in its sustainability journey by securing a pioneering green trade facility from HSBC Bank (Vietnam) Ltd. The landmark agreement, signed on November 13, 2024, marks the first green financing facility in Vietnam’s seafood sector, reinforcing Vinh Hoan’s position as an industry leader in sustainable aquaculture.
Leading the Way in Sustainable Aquaculture
As a frontrunner in Vietnam’s seafood industry, Vinh Hoan has consistently demonstrated its commitment to environmental stewardship through:
- Implementation of an innovative circular economy model
- Strategic value chain optimization
- Advanced waste minimization techniques
- Cutting-edge by-product utilization
- Strict adherence to international sustainability standards
Our dedication to sustainability is validated by prestigious international certifications, including:
- Aquaculture Stewardship Council (ASC) certification
- Best Aquaculture Practices (BAP) certification
Strategic Green Financing Partnership
The new green trade facility from HSBC Vietnam will support Vinh Hoan’s working capital needs for sustainable seafood production. This achievement follows a rigorous evaluation process, demonstrating our compliance with:
- HSBC’s comprehensive credit approval criteria
- International Green Loan Principles
- Standards set by the Loan Market Association and Asia Pacific Loan Market Association
Looking Ahead
This groundbreaking green financing agreement represents more than just capital; it validates Vinh Hoan’s sustainable business model and positions us to:
- Further expand our sustainable aquaculture practices
- Strengthen our circular economy initiatives
- Inspire industry-wide adoption of environmentally responsible practices
- Continue leading Vietnam’s seafood industry toward a sustainable future
As Vietnam’s premier sustainable seafood producer, Vinh Hoan remains committed to environmental stewardship while delivering premium products to global markets. This pioneering green facility from HSBC marks another significant step in our journey toward sustainable aquaculture excellence.
For more information about our sustainability practices, visit vinhhoan.com