The recent amendment of the plan on green banking development in Vietnam is expected to create conditions for credit institutions to effectively promote green credit.

The State Bank of Vietnam (SBV) is pushing all credit institutions to go green in terms of banking and credit.

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.