Vietnam Green Growth

Prime Minister Pham Minh Chinh welcomed the proposals, which are consistent with Vietnam’s green growth strategy.

A well-regulated carbon market is one of the main drivers for Vietnam to achieve a net-zero carbon footprint by 2050.

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Both countries share a vision to become high-income countries by 2045.

Vietnam addresses five key factors it needs to fuel the net zero path, including finance, infrastructure, technologies, governance, and human resources.

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Vietnam, as one of the three nations committed to implementing the Just Energy Transition Agreement (JETP), is actively promoting mechanisms for green finance mobilization.

The banking sector assumes a vital role in introducing innovative financial instruments and suitable investment methodologies to enable Vietnam to achieve its net-zero emissions goal by 2050.

Reforms supported by this credit will strengthen Vietnam's ongoing recovery from the Covid-19 pandemic and subsequent commodity price shocks.

Representatives from Dutch corporations, including Van Oord, Royal Vopak, Pondera, Royal Boskalis, and De Heus, have expressed strong interest in investing in Vietnam.