News
Steps being taken to promote green credit
Given the importance of green credit to sustainable economic development, the Prime Minister issued the national green growth strategy for 2021 – 2030 with a vision to 2050, and the development strategy for the banking sector by 2025 with orientations towards 2030, which includes orientations ...
Vietnam improving legal framework to attract green finance, green technology
Vietnam is actively implementing a roadmap for an improved legal framework for better attracting green finance and green technology; and encouraging green production and investment, said Deputy Prime Minister Tran Hong Ha.Speaking at the event, Ha emphasised that considering the green economy and green transformation ...
Green finance for renewable energy
As part of the strategy of sustainable national development, prioritizing capital sources for customers, who are investing in green production, environment-friendly production and renewable energy (RE) sectors is extremely important.Currently, banks have begun to gradually increase the proportion of green credit – credit for RE ...
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 ...
