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GuarantCo and Standard Chartered collaborate on climate action
06-12-2023 09:33
GuarantCo and Standard Chartered have signed a MoU announcing the intention to develop a climate-focused deal framework that aims to increase funding opportunities in Vietnam and accelerate climate action.
Encouraging green urban and construction finance
06-12-2023 09:30
Green finance is crucial for Vietnam’s sustainable urban and construction development. To encourage it, banks are considering regulatory support to boost green financing.
Vietnam's green credit surge: Navigating towards sustainable finance
05-12-2023 12:39
At a VIR seminar on December 4, in collaboration with the Vietnam Bank for Agriculture and Rural Development (Agribank), key stakeholders congregated to discuss Lighting the Path for Green Financing. The forum signified a critical juncture in Vietnam's path towards sustainable development and emphasised green economic growth.
Agribank's green finance initiative: Catalysing Vietnam's eco-friendly economic ascent
05-12-2023 12:37
At the forefront of Vietnam's green finance revolution, Agribank has reported a substantial green credit portfolio of approximately $510 million as of October 31. This revelation came from Phung Thi Binh, deputy general director of Agribank, during the Lighting the Path for Green Financing seminar held by VIR on December 4.
Positive signs in Vietnam's green credit sector
04-12-2023 16:53
'Green credit' refers to the kinds of loans provided by banks for projects that are considered environmentally friendly or protective of the ecosystem. Green credit is now a trend in the global banking and finance industry, and more Vietnamese banks are following suit.
Vietcombank launches the Visa Infinite Credit Card
04-12-2023 14:50
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) introduced the premium Vietcombank Visa Infinite Credit Card, featuring a pair of unique and exquisite card designs, on December 1.
Removing bottlenecks in Vietnam’s financial market
04-12-2023 12:30
Experts in the finance-banking sector delves into the impediments the local economy and the finance sector faces as well as recommend ways to weather the storm.
Green finance must be unlocked to develop
04-12-2023 11:00
The banking sector has been urged to unlock viable green finance to attract a broader investor base to facilitate its green transition.
Expectations great for green taxonomy in Vietnam
04-12-2023 10:07
Without unified definitions of green sectors and green lists for application, banks are continuing to find it difficult to select, appraise, and supervise green credit provision.
Green finance development and promotion for Vietnam
04-12-2023 10:00
Vietnam is in the process of formulating policies to develop green finance markets. Nguyen Ba Hung, principal country economist from the Asian Development Bank in Vietnam, spoke to Thanh Tung about the opportunities and challenges of green finance development in the country, and policy recommendations.
Green credit gaining traction at Agribank
04-12-2023 09:51
Top agricultural and rural development lender Agribank remains unwavering in pursuing its green banking strategy to contribute to the sustainable development of Vietnam.
Central bank at the helm of shaping sustainable ambition
04-12-2023 09:16
With the requirement that socioeconomic development must go hand-in-hand with environmental protection and sustainable development, Vietnam is actively participating in international commitments on reducing greenhouse gas emissions and minimising the impact of climate change.
Green vision rises in finance-banking
04-12-2023 09:08
Experts are to shine a light on Vietnam’s efforts towards realising its committed green vision, particularly in the finance and banking sector.
Citi shares experience in developing Vietnam’s carbon offset market
30-11-2023 09:35
A Citi Vietnam executive has spoken about the bank’s initiatives for carbon market development at an event in Hanoi.
Interest rate cutbacks designed to assist borrowers
30-11-2023 09:07
Several Vietnamese banks implemented substantial interest rate reductions in 2023 to stimulate loan uptake across various sectors, despite challenges in meeting credit growth targets.
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