HSBC has launched a $4-billion credit facility in China to support global expansion by clean energy and low-carbon firms, with Vietnam among the key target markets. LOTTE Ventures has launched L-CAMP Vietnam 2026, an open innovation programme aimed at helping growth-stage startups secure pilot projects and commercial partnerships with LOTTE affiliates in Vietnam.
HSBC launches $4b China credit facility targeting Vietnam’s clean energy push
HSBC has announced the launch of a dedicated credit facility of up to $4 billion in mainland China, designed to help companies in the clean energy and low-carbon sectors scale internationally, with Vietnam a key target for this investment.
The initiative reflects HSBC’s focus on supporting clients to transition and enabling innovation, growth, and opportunity. The Sustainability and Transition Credit Facility will offer financing to eligible mainland China businesses across a wide range of sectors, including clean power, electrification of transport, data centres, and artificial intelligence.
Vietnam presents a particularly significant opportunity within this initiative. Renewables accounted for 27.9% of Vietnam’s total installed power capacity in 2025, according to the announcement.
EV sales penetration reached approximately 40% in 2025, one of the highest in ASEAN and among the fastest EV adoption rates globally. The Vietnam prime minister’s decision on national power sector development projects total investment of $134.3 billion in power generation and transmission by 2030, creating substantial demand for the clean energy technologies, battery materials.
As companies in China look to expand internationally to meet demand, HSBC’s new facility aims to help bring clean technologies and solutions to market more efficiently, contributing to decarbonisation efforts across the globe.
HSBC will extend credit limits for eligible companies, streamline credit approvals, and develop tailored financial solutions to meet individual business needs.
LOTTE Ventures launches Vietnam open innovation programme
LOTTE Ventures Vietnam has launched L-CAMP Vietnam 2026, an open innovation programme aimed at helping growth-stage startups secure pilot projects and commercial partnerships with LOTTE affiliates in Vietnam.
The initiative is being rolled out in partnership with Impact Square, a Korea-based organisation focused on open innovation and ESG programmes. The two parties have previously collaborated under the KOICA IBS-ESG Initiative Programme to support startup investment and ecosystem development in Vietnam, with L-CAMP Vietnam 2026 positioned as one of the flagship initiatives under the partnership.
The launch comes as Vietnam continues to attract growing interest from regional corporates and investors seeking exposure to one of Southeast Asia’s fastest-growing startup and digital economies.
For Korean conglomerates, Vietnam is increasingly seen not only as a manufacturing and consumer base, but also as a rising hub for scalable technology and innovation.
At the same time, corporates are facing mounting pressure to adopt faster and more agile innovation models amid rapidly evolving consumer behaviour and market conditions, making startup partnerships an increasingly important component of long-term growth strategies.
L-CAMP Vietnam 2026 aims to connect Vietnamese startups with LOTTE’s business ecosystem in the country, enabling founders to pilot products and services, validate solutions in live commercial environments, and explore longer-term partnerships with LOTTE affiliates.
