Green Economy

The fund is envisioned to perform six primary mandates: mobilizing financial resources, wholesale concessional lending, interest rate subsidies,technical assistance, accelerating market transformation, and policy-driven investments.

Financing is co-funded by a consortium of four leading domestic commercial banks: Vietcombank, VietinBank, BIDV, and Agribank.

The project area is located in the nearshore sea, within a 6-nautical-mile range, covering Bac Gianh Ward, Dong Trach Commune, and Hoan Lao Commune in Quang Tri Province.

Since its establishment in 2013, the JCM has seen 14 projects complete registration and issuance of over 35,000 carbon credits.

Vietnam’s solar energy sector is shifting toward market-driven growth, a recent conference heard, with direct power purchase agreements, storage, and decarbonization creating new investment opportunities.

The core focus is developing and operating economic models where product design, manufacturing, consumption, and services actively curb raw resource extraction, extend product lifecycles, minimize waste generation, and mitigate environmental impacts.