News
Legal framework critical to boosting green credit
Green growth and sustainable development is now an inevitable trend and a goal that all countries are striving for, including Vietnam, as it faces environmental problems heavily impacted by climate change.There remain many barriers to green credit supply. Among them, there is still a lack ...
New policy promotes green banking development in Vietnam
The State Bank of Vietnam (SBV) is pushing all credit institutions to go green in terms of banking and credit. They have issued a decision (Decision No 1663/QD-NHNN) aimed at making it easier to access green capital for green projects and the SBV requires all ...
Green credit - key "pillar" of green economy
Bank capital is considered the “lifeblood” and is extremely important in promoting the country’s socioeconomic development. In the context that Vietnam is promoting the development of industries toward green growth, “green credit” contributes to supporting businesses to develop sustainably.Among the 12 green fields that the ...
Government shows urgency in climate change battle
In a bid to ensure sustainable development and economic growth, the government has enacted a fresh action programme on continuing response to climate change, with new mechanisms in favour of private investment.In addition to an increase in state budget in investing into responding to climate ...
Banks now keen on green credit
Green credit is now a trend in the global banking and finance industry and more Vietnamese banks are following suit. The State Bank of Vietnam (SBV) has taken welcome steps to develop Vietnam’s green credit market with its successful pilot of the Green Credit Program, according ...
