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 State Bank of Vietnam guides credit institutions to lend, outstanding loans focus mainly on renewable energy, clean energy (accounting for 45%), and green agriculture (31%).
