Amid growing climate challenges and the global shift towards sustainable development, green credit has emerged as a key pillar of Vietnam’s financial system.
The exhibition features a dome made from do (poonah paper), a traditional Vietnamese material, combined with recycled plastic and steel to create a space that is both soft and strong, symbolising the harmony between nature, humanity and technology.
Despite starting later than other countries in the region, Vietnam has made considerable progress, with a sharp increase of green projects over the past few years.
The Indonesian Ministry of Public Works and Public Housing is encouraging the development of green buildings and increasing energy efficiency through the use of modern technology, including rooftop solar power plants.
Vietnam has had more than 400 green buildings with a combined certified construction area of about 10 million sq.m, according to the Ministry of Construction.
Green buildings in Vietnam total only 305 with a combined certified construction area of nearly 7.5 million sq.m by September 30, 2023, according to Nguyen Cong Thinh, Vice General Director of the Department of Science, Technology and Environment under the Ministry of Construction.
The Ministry of Construction in coordination with Vietnam Institute for Building Materials (VIBM) organised a seminar on the new trend of using green, energy-saving and eco-friendly materials on September 28.
Vietnam aims to become a developed country by 2045 and achieve net zero emissions by 2050. It is considered an ambitious goal but also a challenge for a developing country like Vietnam.
A flight to quality will remain a key theme in the HCM City office market in 2023 as both foreign and domestic companies are setting ambitious net-zero targets to comply with environmental, social and corporate governance (ESG) regulations, experts said.
Investors have paid greater attention to sustainable construction in real estate, especially green office, to satisfy the new requirements of tenants, according to experts from Savills Vietnam.
The Ministry of Construction considers green projects development a key measure to achieving a goal of cutting CO2 emissions from building materials production, buildings, and industrial processes by over 74 million tonnes.
The Vietnam Green Building Week 2022 is scheduled to take place in Ho Chi Minh City from October 13 - 14 with a focus on measures for realising Vietnam’s commitments made at the 26th UN Climate Change Conference (COP26).
Green buildings provide more benefits for investors in the long term than normal buildings and reduce the economic burden for low- and middle-income families, according to general secretary of Vietnam Real Estate Association (VNREA) Nguyen Viet Chien.
The increasing amount of smart urban areas and green buildings has triggered demand for environmentally-friendly building materials in Vietnam, experts said.
The International Finance Corporation (IFC) – a member of the World Bank – signed a cooperation agreement with the Hanoi Architectural University and the Ho Chi Minh City University of Architecture on February 26 to improve training capacity and to build a contingent of construction architects and engineers for green buildings in Vietnam.
There will be a boom in green buildings in Vietnam if the community’s awareness of environmental protection improves, an expert told a symposium in Ho Chi Minh City on October 5.
The Can Tho Vietbuild International Exhibition 2017 opened in the Mekong Delta city of Can Tho on August 2, with the participation of more than 200 domestic and foreign businesses.