Sacombank wins VIE 10 and ESG 10 awards – Affirming commitment to business efficiency and sustainable development

27/06/2025

Sacombank has been honored with two prestigious awards: Top 10 Innovative Banks in Vietnam (VIE 10) and Top 10 Green ESG Banks in Vietnam 2025 (ESG 10), presented by the Finance and Investment Newspaper (Ministry of Finance) in collaboration with Viet Research. These recognitions reaffirm Sacombank’s dual commitment to business effectiveness and sustainable development.

Receiving the VIE 10 award for the third consecutive year highlights Sacombank’s strategic investments in research, development, and technological advancement to enhance product and service quality, drive business performance, and deliver long-term value. It is also a testament to the Bank’s continuous efforts in innovation, helping to sharpen its competitive edge while bringing tangible benefits to customers, investors, and society.

Being named among the ESG 10 for the first time marks a significant milestone in Sacombank’s sustainability journey. The award recognizes the Bank’s contributions to national socio-economic progress and its proactive approach to global integration through environmentally and socially responsible practices.

Sacombank brings its dual focus on performance and sustainability to life through practical initiatives - most notably by fostering green consumption and eco-friendly transportation via a modern digital payment ecosystem and standout fintech products.

Sacombank Pay is more than just a smart financial app - it acts as a comprehensive financial assistant for users pursuing a digital and eco-conscious lifestyle. Featuring advanced technologies, biometric security, and seamless multi-service connectivity, the app enables users to manage spending, open accounts and cards, make payments, transfer funds, save, and access loans - all online, without the need for paperwork or branch visits. This convenience not only improves user experience but also helps reduce carbon emissions and protect the environment.

Meanwhile, the Sacombank Mastercard MultiPass and Sacombank Mastercard Metro Pass are flagship solutions for public transport payment in Ho Chi Minh City. Both cards use contactless technology, allowing users to simply tap their card, smartphone, or smartwatch to ride the metro or buses - eliminating the need for paper tickets, minimizing waste, and enhancing the “green mobility” experience.

A standout in Sacombank’s ESG product suite is the Visa Platinum O₂ credit card. Designed to encourage green consumption, the card offers cashback on eco-friendly purchases and is made from recycled ocean plastic. It also estimates CO₂ emissions per transaction, empowering users to make more sustainable spending decisions.

Through these initiatives, Sacombank is actively contributing to the Government’s 2021–2025 Cashless Payment Development Strategy and the State Bank of Vietnam’s Banking Sector Digital Transformation Plan through 2025, with a long-term vision to 2030. At the same time, the Bank promotes digital lifestyles and responsible consumption - creating lasting value for both the economy and society.