Shinhan Finance partners with the Vietnam Clean Energy Association and Nam Viet Hung Investment Corporation to promote green finance for household solar power

On 16 January 2026, Shinhan Vietnam Finance Company Ltd. (Shinhan Finance) signed a Memorandum of Understanding (MOU) with the Vietnam Clean Energy Association (VCEA) and Nam Viet Hung Investment Corporation, officially establishing a three-party cooperation model aimed at promoting green financial solutions for household solar power.

As Vietnam accelerates its energy transition toward sustainability, finance is increasingly recognized as a critical enabler in turning green ambitions into reality. Bringing renewable energy, particularly solar power, closer to households depends not only on technology and policy, but also on financial solutions that align with consumers’ affordability.

Under the agreement, Shinhan Finance will work with its partners to roll out preferential loan packages for customers installing solar power systems, featuring flexible tenures, competitive interest rates, and a streamlined approval process, significantly lowering the initial cost barrier for households seeking to adopt renewable energy.

From a strategic perspective, Shinhan Finance has been gradually expanding its portfolio into sectors with sustainable impact. Renewable energy, in particular, is seen as a segment with strong long-term growth potential and broad social relevance.

Cooperation with the Vietnam Clean Energy Association, which plays a key role in connecting and promoting the clean energy ecosystem, alongside Nam Viet Hung Investment Corporation, a company with hands-on experience in implementing solar power projects, allows this partnership to go beyond financing alone. The collaboration also encompasses communication, customer outreach, and market education. Leveraging the Association’s member network, Shinhan Finance’s green financial solutions are expected to be deployed more systematically across both urban and rural areas.

In addition, the three parties have agreed to jointly conduct training programs for consulting teams, helping customers better understand the economic benefits of solar power, installation processes, and related financial policies. This approach is considered essential to ensuring effective implementation and minimizing risks as the market expands.

Looking back at 2025, Shinhan Finance has gradually shaped its green finance journey through a series of partnerships in green mobility and renewable energy. The MOU signing with the Vietnam Clean Energy Association and Nam Viet Hung Investment Corporation is viewed as the starting point for Shinhan Finance’s green finance journey in 2026, a phase in which the company aims to further expand its partnership ecosystem and embed green financial solutions more deeply into Vietnam’s economic life in a structured and sustainable manner.