Finalization of green taxonomy 'a matter of urgency'

Finalization of green taxonomy 'a matter of urgency'

Vietnam's Ministry of Natural Resources and Environment (MoNRE) has tasked its Institute of Strategy and Policy on Natural Resources and Environment to draft a green taxonomy. The Investor talked with Assoc. Prof. Dr. Nguyen Dinh Tho, head of the institute, to take a deep dive into green finance development in Vietnam and the green taxonomy.

Economy - Wed, April 3, 2024 | 7:00 am

Huge potential for increased US investment to meet Vietnam’s infrastructure needs: experts

Huge potential for increased US investment to meet Vietnam’s infrastructure needs: experts

The latest status upgrade in Vietnam-US ties has generated great potential to lure further foreign direct investment (FDI), given Vietnam’s need for soft and hard infrastructure, experts said.

Industries - Sat, February 3, 2024 | 11:17 pm

VietinBank inks green cooperation pacts with Japanese financial institutions

VietinBank inks green cooperation pacts with Japanese financial institutions

VietinBank, a state-controlled Vietnamese lender, has struck cooperation agreements with Mitsubishi UFJ Financial Group (MUFG) for sustainable growth and the Japan Bank for International Cooperation (JBIC) for decarbonization and energy transition.

Banking - Mon, December 18, 2023 | 7:21 pm

Vietnam, EU launch plan to mobilize $15.8 bln for energy transition

Vietnam, EU launch plan to mobilize $15.8 bln for energy transition

Vietnam and the European Union (EU) on Friday launched a plan to mobilize up to $15.8 billion, an increase from the initial $15.5 billion, of climate financing pledged last year by international partners, to help the Southeast Asian nation wean off coal power.

Economy - Sat, December 2, 2023 | 11:25 am

DFC CEO returns to Vietnam to bolster private sector

DFC CEO returns to Vietnam to bolster private sector

U.S. International Development Finance Corporation (DFC) CEO Scott Nathan on Thursday traveled to Ho Chi Minh City, his second trip to Vietnam in two months, in a move to bolster the private sector in the country.

Economy - Fri, November 10, 2023 | 12:18 am

EU disburses $23.6 mln to support Vietnam’s clean energy transition

EU disburses $23.6 mln to support Vietnam’s clean energy transition

The European Union (EU) has released EUR22 million ($23.6 million) of budget support to the Vietnamese government in the framework of the EU-Vietnam Sustainable Energy Transition Program (SETP).

Economy - Sat, November 4, 2023 | 3:48 pm

European Investment Bank to finance Vietnam $530 mln for energy transition

European Investment Bank to finance Vietnam $530 mln for energy transition

The European Investment Bank (EIB) has signed an agreement to finance Vietnam's implementation of the $15.5-billion Just Energy Transition Partnership (JETP) in the country.

Economy - Thu, October 26, 2023 | 11:49 am

International funding crucial for Vietnam's green growth: central bank official

International funding crucial for Vietnam's green growth: central bank official

Commercial banks in Vietnam need funding from international institutions and private financiers in order to promote green, sustainable growth, a Vietnamese central bank official said Thursday.

Economy - Thu, September 21, 2023 | 5:35 pm

German investment can be powered by green electricity: diplomat

German investment can be powered by green electricity: diplomat

Germany’s private sector is very interested in investing more in Vietnam, but they also “want to have green electricity,” Santiago Alonso, development counselor with the German embassy in Hanoi, said Wednesday.

Energy - Wed, September 20, 2023 | 5:45 pm

Strong economic, security ties with Vietnam a priority: US Treasury Secretary Yellen

Strong economic, security ties with Vietnam a priority: US Treasury Secretary Yellen

It is a priority for the U.S. to deepen its economic and security ties with Vietnam in the months and years to come, said Treasury Secretary Janet Yellen while meeting with Prime Minister Pham Minh Chinh in Hanoi Thursday.

Politics - Thu, July 20, 2023 | 9:22 pm

Making the most of Vietnam's Just Energy Transition Partnership

Making the most of Vietnam's Just Energy Transition Partnership

Vietnam’s efforts toward carbon neutrality and international institutions’ support for the transition offer various business opportunities, but challenges exist, writes Luong Phuong Mai from HSBC Vietnam's commercial real estate and wholesale banking division.

Consulting - Thu, July 20, 2023 | 10:45 am

Hydrexia joins Vietnam’s hydrogen development as equipment supplier

Hydrexia joins Vietnam’s hydrogen development as equipment supplier

Vietnamese private renewable energy developer TGS, which is building the country’s first green hydrogen factory, has signed a purchase agreement with Hydrexia Malaysia as part of their strategic partnership agreed in May.

Energy - Wed, June 28, 2023 | 9:16 am

PM Chinh asks for G7's support in making Vietnam regional center of renewable energy

PM Chinh asks for G7's support in making Vietnam regional center of renewable energy

Prime Minister Pham Minh Chinh on Saturday suggested G7 countries and partners continue to accompany Vietnam in implementing the Just Energy Transition Partnership (JETP) agreement and help the country become a regional renewable energy center.

Politics - Sun, May 21, 2023 | 10:35 am

Powering faster energy transition

Powering faster energy transition

Christian Deseglise, HSBC’s Group head of sustainable infrastructure and innovation, leads the bank’s global efforts in Just Energy Transition Partnerships, or JETPs, with Indonesia and Vietnam. He explains why they are powerful tools for decarbonization.

Consulting - Tue, April 11, 2023 | 3:04 pm