Green taxonomy certification can help Vietnam attract funds for sustainable development: experts

Green taxonomy certification can help Vietnam attract funds for sustainable development: experts

The urgency of developing a legal framework to develop green credit and green bonds in order to attract funds for sustainable development was stressed by experts at a seminar Wednesday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC should become greenest place to do business in ASEAN: WB exec

HCMC should become greenest place to do business in ASEAN: WB exec

A Ho Chi Minh City-World Bank working group created two years ago aims to make the city “the greenest place to do business in ASEAN,” said Carolyn Turk, the World Bank’s Vietnam country director.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

EuroCham Vietnam launches new whitebook, focusing on boosting green investment

EuroCham Vietnam launches new whitebook, focusing on boosting green investment

The European Chamber of Commerce in Vietnam (EuroCham) has launched its 15th annual whitebook, offering insights on Vietnam's business policies from the European business community and seeking to boost investment for a greener, more sustainable economy in the country.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ministry seeks feedback on draft eco-industrial park rules

Ministry seeks feedback on draft eco-industrial park rules

Vietnam’s Ministry of Planning and Investment is seeking comments from 19 industrial park developers regarding a draft circular on eco-industrial parks.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC seeks green growth support from Belgian firms: vice mayor

HCMC seeks green growth support from Belgian firms: vice mayor

Ho Chi Minh City, Vietnam’s biggest economic hub, is looking for green growth support from Belgian firms, HCMC Vice Chairman Vo Van Hoan told Belgian Ambassador Karl Van Den Bosche at a Thursday meeting.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam among ANZ’s key markets: exec

Vietnam among ANZ’s key markets: exec

Vietnam is one of ANZ's most important markets with promising growth potential, said the bank’s CEO Shayne Elliott.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

South Korean East-West Power plans 30 MW waste-to-power plant in northern Vietnam

South Korean East-West Power plans 30 MW waste-to-power plant in northern Vietnam

South Korea’s Korea East-West Power Co. Ltd. hopes to build a 10-30 MW waste-to-power plant in Vinh Phuc province that will incinerate 200-600 tons of waste daily.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam should build clear legal framework for green industrial parks: Phu My 3 IP chairwoman

Vietnam should build clear legal framework for green industrial parks: Phu My 3 IP chairwoman

Vietnam should build a clear legal framework to facilitate the green growth of industrial parks, such as penalizing investors for failing to meet their green growth requirements, said Nguyen Thi Thao Nhi, chairwoman of industrial real estate developer Thanh Binh Phu My JSC.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Agribank's commitment to green credit development strategy

Agribank's commitment to green credit development strategy

As a pivotal institution providing capital and financial services to the agriculture and rural sectors, Agribank is resolute in spearheading the realization of the government's directives on fostering green credit growth, managing environmental and social risks in credit operations, and striving to lay the groundwork for secure agriculture and sustainable development.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Legal framework should be upgraded for circular economy development: experts

Legal framework should be upgraded for circular economy development: experts

Vietnam should upgrade its legal framework to facilitate the development of a circular economy, experts and business representatives said at the debut of a book published by The Investor.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

HCMC partners with international peer to advance Industry 4.0

HCMC partners with international peer to advance Industry 4.0

Ho Chi Minh City and the World Economic Forum (WEF) will cooperate to set up an Industry 4.0 center in Vietnam’s southern hub, the two sides said Friday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam PM urges Indonesia firms to invest more in banking, finance, green growth

Vietnam PM urges Indonesia firms to invest more in banking, finance, green growth

Vietnam is always happy to welcome Indonesian firms investing in the country’s banking, finance, green growth, property, and agriculture sectors, Prime Minister Pham Minh Chinh said on Tuesday.

Politics - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese exporters advised to take note of new EU carbon rules

Vietnamese exporters advised to take note of new EU carbon rules

Europe’s Carbon Border Adjustment Mechanism (CBAM) is set to take effect in October, and Vietnamese exporters need to take a proactive approach to the mechanism to boost shipments to the EU, experts have said.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, Luxembourg embrace strategic partnership in green finance

Vietnam, Luxembourg embrace strategic partnership in green finance

Vietnam and Luxembourg will soon establish a strategic partnership framework for green finance to help the Southeast Asian nation pursue its green growth strategy.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

ADB to provide $130 mln for key infrastructure projects in Mekong Delta city

ADB to provide $130 mln for key infrastructure projects in Mekong Delta city

The Asian Development Bank (ADB) has agreed to provide loans of $130.3 million for the Mekong Delta city of Can Tho to invest in key transport infrastructure development with climate change adaptation.

Infrastructure - Mon, Dec 22, 2021 | 11:30 am GMT+7

Report on FDI in Vietnam: challenges, opportunities in green growth, digitalization

Report on FDI in Vietnam: challenges, opportunities in green growth, digitalization

The annual report on FDI in Vietnam 2022 published by the Vietnam Association of Foreign-Invested Enterprises (VAFIE) highlights the need to lure FDI into green growth and digital transformation.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam seeks European Investment Bank soft loans to advance development agenda

Vietnam seeks European Investment Bank soft loans to advance development agenda

Vietnam is still a developing country with a low starting point and needs assistance in the form of preferential credit, Prime Minister Pham Minh Chinh told the European Investment Bank (EIB) Saturday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Luxembourg backs Vietnam’s green growth

Luxembourg backs Vietnam’s green growth

The prime ministers of Luxembourg and Vietnam promised Friday to establish a strategic partnership framework for green finance to help the Southeast Asian nation pursue its green growth strategy and combat climate change.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

German investors favor green projects in Vietnam

German investors favor green projects in Vietnam

German companies looking to invest in Vietnam prefer projects for green growth including renewable energy, Simon Kreye, deputy chief of the German Embassy in Hanoi, said Monday.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam, Denmark to strengthen green growth times

Vietnam, Denmark to strengthen green growth times

Vietnam and Denmark have boosted bilateral green growth cooperation towards achieving net-zero emission goals, with some corporate deals signed during a working visit to Vietnam by Danish Crown Prince Frederik.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

EuroCham co-hosts green economy forum & exhibition

EuroCham co-hosts green economy forum & exhibition

EuroCham and the Ministry of Industry and Trade will host the Green Economy Forum & Exhibition (GEFE) 2022 in Ho Chi Minh City from November 28-30.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam speeds up legal work to boost eco industrial park development

Vietnam speeds up legal work to boost eco industrial park development

Vietnamese policymakers are seeking to improve the country’s legal framework to bolster the development of eco industrial parks, a global trend.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Deputy PM leads Vietnam’s green growth steering committee

Deputy PM leads Vietnam’s green growth steering committee

Deputy Prime Minister Le Van Thanh will head Vietnam’s green growth steering committee as per a prime ministerial decision issued Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Urban area cum industrial parks an upcoming trend in Vietnam

Urban area cum industrial parks an upcoming trend in Vietnam

An urban-industrial symbiosis when developing industrial parks to make them sustainable with good living and working environments for workers will become a trend in Vietnam, experts say.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Industrial park developers in good-for-business green push

Industrial park developers in good-for-business green push

Vietnam is seeing a clear trend to have manufacturing facilities and industrial parks become as environmentally friendly as possible as a factor that is good for business.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

IFC’s new Mekong Region head to drive green growth

IFC’s new Mekong Region head to drive green growth

The World Bank’s investment arm IFC has appointed Thomas Jacobs as its new Country Manager for the Mekong region covering Vietnam, Cambodia, and Laos.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7