Measures sought to attract resources for green, sustainable development
The State Bank of Vietnam (SBV) and the Banking Working Group (BWG) jointly held a conference in Hanoi on July 16 to discuss measures to attract resources for the implementation of green growth and sustainable development targets.
The Government's support should be strengthened with the participation and practical actions of the domestic private sector. (Photo: nongnghiep.vn)
Hanoi (VNA) – The State Bank of Vietnam (SBV) and the BankingWorking Group (BWG) jointly held a conference in Hanoi on July 16 to discuss measuresto attract resources for the implementation of green growth and sustainabledevelopment targets.
SBV Governor Nguyen Thi Hongsaid that climate change is posing risks and challenges to all economies in theworld, requiring them to promptly design responce policies and scenarios.
As one of the most vulnerable countries to climate change,Vietnam has actively rolled out measures to deal with its impactsand promote green and sustainable growth at the same time, said Hong.
She underlined that the strong commitments PrimeMinister Pham Minh Chinh announced at the 26th UN Climate ChangeConference (COP26), including net-zero emission in 2050, have been highlyvalued by the international community, opening chances for the country instrengthening partnership in circular economy development and climate changeresponse.
The official said that over the years, the bankingsector has actively contributed to the implementation of targets set in theNational Strategy on Green Growth in the 2021-2030 period with a vision to 2030through various activities, including the building of an action plan of thesector to realise the strategy, along with a circular on environmental andsocial risk management during credit provision activities.
An overview of the conference. (Photo: VNA)
BWG leader Michele Wee highlighted the significant role offinance in implementing green and sustainable growth goals, adding that the Governmentsupport should be strengthened with the participation and practical actions of thedomestic private sector and through financial sources from the public and privatesectors.
According to Wee, Vietnam needs a close, reasonable andharmonious combination between socio-economic development and environmentalprotection.
At the conference, participants discussed important issuesrelated to the attraction of resources to support the implementation of greenand sustainable development goals. In addition, the parties also providedinformation on the situation of resource mobilisation for Vietnam recently, andas well as related issues. They focused on seeking specific solutions to unlockresources for green growth, creating confidence of international organisationsand partners to mobilise resources for Vietnam to support the Government in fulfillingcommitments at COP26./.
A circular economy aims to circulate the waste within a single enterprise or turn waste from one industry into a resource for another. According to the United Nations Industrial Development Organisation (UNIDO), a circular economy is a closed production cycle, where waste is returned as raw materials for production, thereby reducing any negative impact on the environment, ecosystems, and health.
Secretary General of the European Chamber of Commerce (EuroCham) Erwin Debarea has said the southern province of Binh Duong has potential to attract investors in green industries such as high technology, digital transformation, climate change mitigation and environmental protection towards green growth and sustainable development - areas of European investors' interest and priority.
Positive changes in the real estate sector are crucial if the country wants to meet its green growth targets. Along with construction, the sector is the source of nearly 40% of carbon emissions in the world and consumes about 36 percent of total power generated globally, according to experts.
Some energy efficiency solutions were shared at a workshop in Ho Chi Minh City on July 21, expected to help the southern economic hub achieve green growth and sustainable development in the near future.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
The Government's support should be strengthened with the participation and practical actions of the domestic private sector. (Photo: nongnghiep.vn) 
An overview of the conference. (Photo: VNA) 
