HCM City (VNA) – Promoting investment ingreen growth was the focus of a forum on sustainable finance in Ho Chi MinhCity on May 28.
Participants at the event, who included expertsfrom management agencies like the Ministry of Planning and Investment, theState Bank and the State Securities Commissions, commercials banks andinternational and domestic investment funds, discussed measures to push theimplementation of green growth strategy targets.
They also looked for ways to mobiliseinvestment capital for climate change adaptation projects as Vietnam is facingincreasing challenges from climate change.
The International Financial Corporation (IFC)forecasted that from now until 2030, investment in climate-related projects inVietnam could amount to 753 billion USD, including 59 billion USD in renewableenergy and 80 billion USD in green works.
Experts said that investment flow and fundingfrom the private economic sector has a crucial role in sustainable developmentstrategy. Therefore, it is necessary to create favourable policies to accessgreen growth funds from this sector.
Secretary General of the Vietnam BanksAssociation Nguyen Toan Thang said that credit institutions should make moreefforts to implement international practices on sustainable development. Thiswill help to effectively manage environmental, social, and governance risks incredit operations, as well as develop financial products.
Kyle Kelhofer, IFC country manager for Vietnam,Laos, and Cambodia, said IFC is closely coordinating with management agencies andfinancial institutions to help create a market for climate business in Vietnam,as well as in the entire Southeast Asian region.
At the forum, experts also discussed the role ofthe banking sector in realising national sustainable development goals, as wellas policy initiatives and market solutions to promote investment and funds forsustainable development.–VNA
Six provinces and cities have built their own green growth action plans with the assistance of a foreign-funded project in strengthening capacity and institutional reform for green growth and sustainable development in Vietnam.
Representatives of enterprises and public agencies joined a forum in Hanoi on March 12, exchanging experience and sharing measures to protect the environment and achieve sustainable growth.
A workshop held in Hanoi on May 9 highlighted the need to adjust the Support Programme to Respond to Climate Change (SP-RCC) to better suit the current situation.
Mariam Sherman, World Bank Country Director for Vietnam, Laos, and Cambodia, said the World Bank remains committed to working with the Vietnamese government to develop the next phase of climate resilience and transformation for the Mekong Delta.
Under the directive, the PM instructed relevant agencies to regularly inspect, supervise and proactively implement disaster prevention, response and rescue measures in line with their assigned roles and mandates, ensuring readiness, avoiding passivity or delays, and maintaining operational continuity amid ongoing political and administrative restructuring at levels.
According to Dr. Vu Anh Tuan, Deputy Director General of the Vietnam Space Centre and head of the project, this is the first study in Vietnam to simultaneously employ Sentinel-2 satellite data, advanced machine learning algorithms, and the Google Earth Engine (GEE) cloud computing platform to model and monitor key seawater quality parameters.
The Deposit Return System is seen as a potential instrument for effectively advancing Vietnam’s vision of a circular economy, as outlined in Article 142 of the 2020 Law on Environmental Protection.
The figures were highlighted in a Pre-Feasibility Study on a DRS tailored for single-use beverage packaging in Vietnam, conducted by Eunomia Research & Consulting.
Young people should not view AI as salvation but rather as a tool under human control. Young creators should focus on learning and accumulating practical knowledge, using AI as a tool to carry out artistic projects in the most effective and cost-efficient manner.
Saigon Hi-Tech Park’s ambitious 50% renewable energy goal far exceeds the city’s 15% target, positioning the park as a trailblazing “living lab” for sustainable energy solutions.
Vietnam's economic losses from natural disasters are estimated to account for 1 to 1.5% of GDP annually - a steep price that will continue to rise unless the country takes strong action.
Wutip, the first storm in the East Sea so far this year, has wreaked havoc across central Vietnam, claiming lives, displacing residents, and causing widespread damage to houses, crops, and infrastructure, the Department of Dyke Management and Disaster Prevention and Control reported as of 6:30 pm on June 13.
The tremor occurred at 7:39:46 am (Hanoi time), with the epicentre located at latitude 14.924°N and longitude 108.236°E, at a depth of approximately 8.1 kilometres. The natural disaster risk level was classified as 0 – the lowest on the scale.
Addressing a session on “Accelerating Financing for Resilience: Tailored Solutions for Disaster Risk Reduction,” Deputy Minister Hiep emphasised Vietnam's proposal in building sustainable financing in response to natural disasters, which aligns with the Sendai Framework for Disaster Risk Reduction's goals.
Vietnam has demonstrated its strong commitments by participating in global sustainable development forums, signing multiple free trade agreements, and attracting support from international partners for the implementation of the SDGs.
The fight against plastic pollution could not succeed through isolated efforts, but it must be a collective endeavour involving the entire political system, businesses, citizens, and the international community, said Minister of Agriculture and Environment Do Duc Duy.
Lang Son Global Geopark, with its outstanding geological values, cultural heritage, and unique natural landscapes, represents a valuable addition to UNESCO’s global geoparks system.
In 2019, Quang Ninh became one of the first localities in Vietnam to launch a province-wide campaign against plastic waste, mobilising the participation of the political system, the business sector, and the general public. Other localities—such as Hai Phong, Da Nang, Binh Duong, and Ho Chi Minh City—have also effectively implemented waste-sorting initiatives at source, along with models for plastic-free markets and urban areas.
This year’s World Oceans Day on June 8 is themed 'Wonderful Oceans: Sustaining What Sustains Us', while World Environment Day is on June 5 with the theme: 'Beat Plastic Pollution'.
According to Director of the provincial Department of Agriculture and Environment Le Huu Toan, a fire prevention and control plan has been in place since the dry season began, including round-the-clock patrols and rapid-response teams to snuff out fires before they could spread.
Renowned artists including Ha Anh Tuan, Den Vau, and Phan Manh Quynh, along with many directors and attendees, took part in planting hundreds of rare tree species such as mun (Diospyros mun) and cho chi (Parashorea chinensis) in the Thung Bong area of the Cuc Phuong National Park, contributing to forest ecosystem restoration.
Illustrative image (Source: VNA) 
