10/11/2017 - 196 Views
(Hanoi) The green capital market is considered to be a crucial financial channel to mobilize and allocate capital for the necessary large green investment, ensuring Vietnam’s economic restructuring towards sustainability. Hereby, establishing and completing a financial policy framework to develop "green capital market and green financial products" is a top priority; which is underpinned and prioritized in the MOF action plan to implement the Green Growth Strategy. The joint efforts of the financial sector’s institutions resulted in some concrete, initial but significant results in green finance. For example, responsible agencies have pursued a quite systemic approach by providing strategic policy signals and frameworks towards green finance; in addition, a number of important green financial products have been introduced, such as the Sustainability Index on the HCMC stock market (the VNSI); or the first municipal green bond pilot-issuances based on the encouragement and approval by Ministry of Finance, etc.
On 10th November 2017 in Hanoi the GIZ Macroeconomic Reform/Green Growth Programme, in cooperation with the State Securities Commission of Vietnam, will organize the Conference “Development of the Green Capital Market in Vietnam”. The objectives of the Conference are to provide updates on progress being made and results regarding green finance and green financial products in Vietnam, exchange international experience and discuss further development orientation in Vietnam.