green credit

green credit

Outstanding green credit reaches 828 trillion VND

To date, 82 credit institutions have recorded outstanding green credit loans totalling 828 trillion VND (approximately 31.8 billion USD), with an average annual growth rate of more than 20% during the 2017–2025 period.

ADB, SBV launch 2 million USD green banking initiative

The Asian Development Bank (ADB) and the State Bank of Vietnam (SBV) on January 30 jointly launched a 2 million USD initiative on green banking capacity development, aiming to help Vietnam scale up green and climate finance.

Vietnam needs $701 billion to realize ‘net-zero’ plan

Vietnam has to overcom great challenges to mobilize $701 billion, the amount of capital needed to implement a net-zero plan.