Bach Hoa Xanh and BNP Paribas Vietnam sign sustainability-linked trade facility agreement

A sustainability-linked loan links financial terms to the company’s achievement of its committed sustainability performance targets.

This facility will help meet Bach Hoa Xanh’s working capital needs and support its business operations, while also encouraging the company to pursue its sustainability goals through agreed performance indicators.

Vu Dang Linh, general director of Mobile World Group, said, “As we continue to expand our store network and improve Bach Hoa Xanh’s operational efficiency, we remain committed to turning our sustainability commitments into concrete actions."

"The sustainability-linked trade facility from our partner meets our working capital needs, but also links financial terms to the achievement of sustainability indicators agreed by both parties. In the coming period, Bach Hoa Xanh will continue to implement sustainability initiatives to spread value to its stakeholders.”

As sustainability increasingly becomes an essential requirement for the business community, Bach Hoa Xanh continues to integrate environmental, social, and governance objectives into its development strategy, aiming for green growth, enhanced operational efficiency, and long-term value creation for stakeholders.

On June 1, HSBC Bank also provided short-term sustainability-linked trade facilities to Bach Hoa Xanh. The facilities will support Bach Hoa Xanh's working capital needs, network expansion, and sustainability roadmap.

Bach Hoa Xanh, one of Vietnam's leading grocery chains, operates a nationwide network of more than 3,000 stores, providing essential products, differentiated offerings, and convenient shopping experiences. The company has also implemented initiatives to reduce its environmental footprint, including efforts to optimise energy use.

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