OUTSTANDING GREEN LOANS REACH VND828 TRILLION IN 2017-2025

The State Bank of Vietnam is submitting to the Government a draft decree proposing a 2% interest-rate subsidy funded by the state budget for private-sector enterprises and household businesses implementing green and circular projects and applying ESG standards - PHOTO: HONG PHONG

HCMC – Outstanding green loans in Vietnam have reached VND828 trillion, with 82 credit institutions now extending financing to environmentally sustainable projects.

Growing at an average annual rate of more than 20% between 2017 and 2025, green credit has emerged as a key driver for mobilizing and allocating resources to support the country’s green transition and sustainable economic development.

In addition to green credit, loans assessed for environmental and social risks have expanded sharply, reaching more than VND5.1 quadrillion, nearly 25 times higher than at the end of 2017 and accounting for 27.7% of total outstanding loans in the economy.

The figures were shared by Nguyen Ngoc Canh, deputy governor of the State Bank of Vietnam (SBV), at a seminar on credit solutions to promote the green economy, circular economy, and environmental, social, and governance (ESG) standards. The event was jointly organized in Hanoi on June 9 by the SBV, the German Agency for International Cooperation (GIZ), and the Ministry of Agriculture and Environment.

Speaking at the seminar, Canh said green growth and the circular economy were no longer optional but had become an urgent requirement. To support these goals, the banking sector has introduced a range of measures, including strengthening the legal framework, issuing guidance on green lending, and integrating environmental and social risk management into the business strategies of credit institutions.

Notably, the SBV is submitting to the Government a draft decree proposing a 2% interest-rate subsidy funded by the state budget for private-sector enterprises and household businesses implementing green and circular projects and applying ESG standards.

The expansion of green credit is seen as a solution to the economy’s substantial financing needs during the transition toward sustainable growth. It is also expected to enhance the competitiveness of Vietnamese businesses and strengthen their participation in global value chains.

Credit institutions have increasingly prioritized capital allocation to green sectors and gradually incorporated ESG factors into project appraisal and lending activities.

Source: The Saigon Times

Related News

MEMBER CORNER / PROMOTIONS

50% DISCOUNT FOR HKBAV MEMBER: EUGENE ONEGIN - EIFMAN BALLET OF ST. PETERSBURG WORLD TOUR 2026

Adapted from the classic novel in verse by acclaimed Russian poet Alexander Pushkin, Eugene Onegin explores timeless themes of love, pride, choices, and irreversible regret. Eifman's distinctive language of psychological ballet is brought to life through Tchaikovsky's music alongside contemporary rock by Alexander Sitkovetsky, creating an extraordinary artistic experience.

Oct 12, 2026

MEMBER CORNER / PROMOTIONS

COSMOPARK – ENERGY ADVANTAGES FOR POWER-INTENSIVE INDUSTRIES

As global corporations place increasing emphasis on energy security, renewable energy adoption, and carbon emissions reduction, electricity is no longer viewed merely as a component of technical infrastructure. For high-tech projects, data centers, and large-scale manufacturing facilities, reliable energy infrastructure has become a critical factor in investment location decisions.

Oct 08, 2026

BANKING / FINANCE / INSURANCE / TAX

VIỆT NAM TARGETS INVESTMENT-GRADE SOVEREIGN CREDIT RATING BY 2030

Việt Nam has revised the plan to improve its sovereign credit rating which sets a target of reaching investment-grade status by 2030 while linking the effort more closely to economic growth, innovation, digital transformation and fiscal sustainability. Deputy Prime Minister Nguyễn Văn Thắng has signed Decision 1919/QĐ-TTg amending the Government’s 2022 scheme on improving the country’s sovereign credit rating through 2030.

Oct 07, 2026

VIETNAM ECONOMY INVESTMENT

FIRMS EXPECT STRONGER Q4 ACTIVITY DESPITE COST, FINANCING PRESSURES

More than VNĐ5 quadrillion is registered to be poured into the economy in the first nine months of this year, up 6.1 per cent. Enterprises are expecting stronger business and production in the last quarter of this year, with new orders, output and labour demand set to improve, although high input costs and cash-flow constraints remain major concerns, according to a survey by the National Statistics Office (NSO) released late last week.

Oct 07, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

VIỆT NAM RETURNS TO TRADE SURPLUS IN SEPTEMBER BUT NINE-MONTH DEFICIT PERSISTS

Việt Nam returned to a goods trade surplus in September after nine consecutive months of deficit, but remained in a US$19.42 billion deficit for the first nine months of this year, the National Statistics Office (NSO) said in its socio-economic report on October 3. The country posted a trade surplus of $1.27 billion in September, with total trade of goods reaching $117.69 billion, up 7.3 per cent from August and 42.4 per cent from the same month last year.

Oct 07, 2026

VIETNAM ECONOMY INVESTMENT

FOREIGN INVESTORS TO BE WIDENED FOR MARKET ACCESS

Vietnam is moving to widen market access, improve investment incentives, and streamline procedures, with greater support tied to investors’ actual commitments and results, as part of the law on amending and supplementing a number of articles of the Law on Investment. The proposal was mentioned at the sixth session of the National Assembly Standing Committee in Hanoi on September 30, on amending the Law on Investment.

Oct 07, 2026