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green finance
Update news green finance
Green outstanding loans reached over VNĐ636.96 trillion at end of Q1
ESG outstanding loans of the banking system had grown steadily over the years, reaching about VNĐ2.9 quadrillion by the end of the first quarter this year, accounting for more than 21 per cent of the total.
Vietnam faces green financing hurdles
Capital flows into Asia, particularly Vietnam, are driven by substantial infrastructure needs and the demand for green financing.
Vietnam, Belgium to boost green finance cooperation
Vietnamese Minister of Finance Ho Duc Phoc has expressed wish to learn from Belgium’s experience in green finance as Vietnam's green bond market is now in the early stage of developing a legal framework and launching pilot projects.
Green lending needs mechanism
The greatest challenge for helping enterprises in Vietnam achieve sustainable development and the net zero target by 2050 is to adopt a suitable policy to attract more green loans.
Vietnam and Luxembourg establish strategic partnership on green finance
The Vietnamese Ministry of Finance and the Luxembourg Ministry of Finance signed a document on the establishment of a strategic partnership on green finance between the two sides in Hanoi on May 4.
Green finance represents a tremendous opportunity for Vietnamese banks
Nearly seven out of 10 Vietnamese consumers (68 per cent) would consider switching from their current financial services providers for a bank or financial institution with a stronger commitment to sustainability.
