Greening firms is a global trend, but Vietnamese companies have struggled to mobilize green capital locally. As a result, they are looking to foreign markets for green capital mobilization. Meanwhile, commercial banks are ramping up their green credit to green projects in the energy and agriculture fields, as well as other activities producing green products. “The banking industry has recently seen a positive growth pace of green credit due to big pressure for green credit development," Lenh said. "Specially, firms exporting goods to Europe and the United States are paying more attention to green origins, contributing to driving up green credit expansion."

Source: Tuoitre News July 21, 2024 23:27 UTC