HSBC called to join green transformation, green projects in Vietnam
Deputy Prime Minister Tran Hong Ha on February 15 called on the Hongkong and Shanghai Banking Corporation Limited (HSBC) to actively join green transformation and green projects in Vietnam, when receiving Surendra Rosha, Co-Chief Executive of HSBC Asia-Pacific.
Deputy Prime Minister Tran Hong Ha (right) on February 15 receives Surendra Rosha, Co-Chief Executive of HSBC Asia-Pacific. (Photo: VNA)
Hanoi (VNA)🏅 – Deputy Prime Minister Tran Hong Ha onFebruary 15 called on the Hongkong and Shanghai Banking Corporation Limited(HSBC) to actively join green transformation and green projects in Vietnam, whenreceiving Surendra Rosha, Co-Chief Executive of HSBC Asia-Pacific.
Appreciating HSBC's pioneering strategy in implementing a fairenergy transition, the Deputy PM expressed his desire that the bank will becomea "credit filter" and actively participate in projects of greenindustrial parks, zero-emission factories, reduction of greenhouse gasemissions in transportation, construction, industrial production as well as afforestation projects, or renewable energy projects. Ha said that Vietnam always pays attention to HSBC's pioneeringpolicies in digitalisation and green transformation, adding that the Government of Vietnam and the InternationalPartners Group (IPG) have officially adopted the Political Declaration on theestablishment of the Just Energy Transition Partnership (JETP). The IPG will mobilise an initial funding of at least 15.5 billionUSD in the next three to five years from governments to attract investment inthe just energy transition sector, Ha said, adding that the HSBC can participate inthe arrangement of capital structure and ensure the effectiveness of theseprojects. For his part, the HSBC official said that for 2023, the bank plans activities to realise the goals set outin the roadmap to reach net-zero carbon emission, digital transformation, andgreen transformation. He also said the HSBC would like to share experiences with Vietnam,particularly in greenhouse gases emission reduction as it has been supporting many enterprises in countries in that field./.
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Deputy Prime Minister Tran Hong Ha (right) on February 15 receives Surendra Rosha, Co-Chief Executive of HSBC Asia-Pacific. (Photo: VNA) 
