News

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 ...

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 ...

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 ...

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