Topic: capital

Vietnam’s National Green Growth Strategy for 2021-2030, with a vision towards 2050, aims to transition towards a green economy

In 2024, the ministry was assigned a total public investment capital of VND71,284 trillion by the Government

New injection of capital into section of Metro Line No. 2 would increase total investment by 82% to $1.5 billion.

Appropriate polices needed to remove obstacles in capital access.

Four sites in Dong Anh designed to attract businesses in wood processing, civil carpentry, carving, and lacquer.

Capital to set aside over 900 ha for newly-added industrial parks.

Capital targets completing key infrastructure projects and building synchronous infrastructure by 2030 with a vision to 2045.

Total capital from foreign investors reached $22.46 billion in the first ten months of the year.

The State Bank of Vietnam (SBV) has reported that average growth in green credit in the 2017-2021 period was more than 25 per cent each year. As of June 30, outstanding loans for green projects stood at more than VND474 trillion ($19 billion), up 7.08 per cent year-on-year but accounting for only 4.1 per cent the total in the economy. At the “Green credit, green banking towards sustainable development in Vietnam” workshop held by the SBV in cooperation with relevant units on October 27, a central bank representative pointed out many obstacles in granting green credit, such as a lack of medium and long-term capital and high market risks.

Prime Minister Pham Minh Chinh responded on October 24 to questions from a National Assembly deputy on the disbursement of public investment capital, in particular disbursement of the support package for socio-economic recovery and development. He identified six key solutions to ensure disbursement in programs and projects, especially those that relate to socio-economic recovery and development programs.