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Bach Hoa Xanh And BNP Paribas Vietnam Sign Sustainability-Linked Trade Facility Agreement

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Bach Hoa Xanh And BNP Paribas Vietnam Sign Sustainability-Linked Trade Facility Agreement

On July 9, Bach Hoa Xanh Trading Joint Stock Company (“Bach Hoa Xanh”), a member of MWG, and BNP Paribas Vietnam held a signing ceremony for a 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.

Mr. 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 not only 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 ESG objectives into its development strategy, aiming for sustainable growth, enhanced operational efficiency, and long-term value creation for stakeholders.