The banking system's credit growth had risen by 11.12% as of November 22 compared to the end of 2023, hence the 15% growth target for the whole year is reachable, according to the State Bank of Vietnam (SBV).

The carbon market not only alleviates environmental pressure but also offers significant financial advantages, supporting businesses in adopting green technologies without bearing the full burden of costs, experts said at a discussion on Vietnam’s carbon credit exchange mechanism.

Prime Minister Pham Minh Chinh on November 26 ordered the continuation of developing the domestic market and boosting consumption in the remainder of the year.

Prime Minister Pham Minh Chinh on November 27 ordered the Governor of the State Bank of Vietnam (SBV) to outline solutions aimed at improving credit management for 2024 in the face of evolving global economic challenges.

Vietnam needs to establish a specific roadmap for the transition to green energy as well as design and manage the emissions trading system toward the official operation of the carbon market in 2028, according to experts.

VOV.VN - The State Bank of Vietnam on October 17 announced a decision on a mandatory transfer of two of the worst performing bank, Ocean Bank and Construction Bank, to the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) and the Military Commercial Joint Stock Bank (MB).

Carbon credits could become a key measure of success in sustainable rice farming, according to Dr Nguyen Do Anh Tuan, Director General of the International Cooperation Department of the Ministry of Agriculture and Rural Development (MARD).

Vietnam will operate its carbon credit market on a trial basis during 2025-2028 without any sales to foreigners as well as regulations on credit exchanges with regional and global markets, heard a meeting in Hanoi on October 7.

Vietnam needs to drastically raise measures to promote the development of circular economy in order to take up opportunities for accelerating socio-economic growth and promoting sustainable development.

Vietnam's national credit rating is making significant strides toward achieving the official 'Investment' ranking.