- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news green bond
The State Bank of Vietnam (SBV) is finalizing a draft decree to propose to the Government, aiming to introduce a 2% annual interest subsidy for loans supporting green, circular economy, and ESG-compliant projects.
A legal framework for green bonds has been developed in Viet Nam for years, yet the bonds are slow to catch on in the country owing to several setbacks.
Vietnam ranks second in green bond issuance in the Association of Southeast Asian Nations (ASEAN), according to the ASEAN Sustainable Finance – State of the Market 2021 report recently released by Climate Bonds Initiatives (CBI) and HSBC.