24-06-2024 15:02
The State Bank of Vietnam (SBV) has decided to allow commercial banks to reschedule the debt repayment period and maintain the debt group for certain sectors for an additional six months, to support struggling businesses.
20-06-2024 10:46
The Norwegian Investment Fund for Developing Countries (Norfund) on June 19 committed $30 million to Hanoi-headquartered SeABank (HSX: SSB) through a convertible loan, which can be converted into SeABank common shares within four years.
13-12-2023 10:18
Stakeholders highlighted the need for green capital and identified key issues for expanding green credit and finance at a seminar last week.
11-12-2023 09:00
Lenders are more likely today to take a greener focus in their activities. Phung Thi Binh, deputy general director of Agribank, talked to VIR’s Nhue Man about the bank’s determination to promote green credit growth.
08-12-2023 10:02
Standard Chartered has inked a Master of Agreement with the Bank for Investment and Development of Vietnam (BIDV), committing to a sustainable trade loan of up to $100 million.
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.
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.
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.
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.
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.
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.
23-11-2023 16:08
Military Commercial Joint Stock Bank (MB) has just been distinguished with the "Board of the Year" award, a testament to its role in propelling businesses towards environmentally sustainable practices on November 22.
10-11-2023 20:16
LPBank and Ea Sup 1 Corporation have signed a credit agreement valued at approximately VND2 trillion ($84 million). The move, announced on November 9 at LPBank's Hanoi headquarters, focuses on the shift towards green credit financing.
30-10-2023 11:07
Experts have shared a view that green credit and green growth play an important role in implementing the National Green Growth Strategy in the 2021-2030 period with a vision until 2050 as they create resources for environmentally-friendly projects and programmes.
03-10-2023 16:13
Significant progress has been made in the sustainable finance market in Vietnam, with banks actively promoting bonds and loans to facilitate the development of projects aligned with environmental, social, and governance frameworks.