Vietnam is committed to become a net zero economy by 2050, and the Vietnam government has been advocating for sustainable finance with supportive efforts and policies. We understand our customers have evolving needs to unlock transition and sustainability-linked growth opportunities with the help of our resources, tools, relationships and solutions. We're mobilising finance, investment and accelerating innovation to make this happen, collaborating with the Vietnam government, GFANZ Working Group and our customers to realise the opportunity to build a more resilient and prosperous future. In early 2022, HSBC Vietnam has committed to arrange up to USD12 billion of direct and indirect sustainable financing for Vietnam and its corporate sector by 2030.
Today, we finance a number of industries that significantly contribute to greenhouse gas emissions and we have a strategy to help our customers to reduce their emissions and to reduce our own. We're focused on supporting businesses across the ecosystem and helping to deliver a net zero economy, leveraging our global scale, deep expertise and strong presence in ASEAN and beyond.
