Green credit needs to be unblocked

Green credit needs to be unblocked

VCN - To promote green credit, a clear definition of sectors and industries to identify green projects is needed so that banks can confidently apply preferential mechanisms. In the next five-year plan (2026-2030), the government should adopt the philosoph
Green credit balance accounts for about 4.2% of total: Central bank

Green credit balance accounts for about 4.2% of total: Central bank

Vietnam’s green credit balance accounted for about 4.2% of the economy’s total credit balance by June 30, 2023, according to the State Bank of Vietnam (SBV).
Banks join in promoting green credit

Banks join in promoting green credit

Commercial banks in Vietnam have been actively offering loans for green projects and expanding green credit through mobilising capital from international credit institutions.
Green credit provision strengthened in agriculture

Green credit provision strengthened in agriculture

The Ministry of Agriculture and Rural Development (MARD) is planning to coordinate with the State Bank of Vietnam in completing policies on preferential credit to support agricultural projects following value chains, applying high technologies and specialising in clean agriculture and production forest planting.
Capital market suffers from difficulties, businesses expect to access new capital mobilization channels

Capital market suffers from difficulties, businesses expect to access new capital mobilization channels

VCN - The corporate bond market will come into a new cycle with many changes to help this capital channel develop more sustainably. Despite many difficulties, this is considered an opportunity to classify the financial health of the participants.
VPBank, Proparco cooperate to promote green credit in Vietnam

VPBank, Proparco cooperate to promote green credit in Vietnam

VPBank and Proparco - the private sector financing branch of Agence Française de Développement (AFD) have signed a 50-million-USD loan with the aim of supporting climate-friendly initiatives, green and energy efficient projects, as well as small-and-mediu
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