Forum seeks ways to connect impact investment and capital for growth

The forum titled “Connecting Impact Investment: Capital for Growth” was co-organised by the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC), Global Affairs Canada (GAC), and the Impact Investment Exchange Fund, on March 10.

Nguyen Loc Ha, Permanent Vice Chairman of the Ho Chi Minh City People’s Committee, speaks at the forum. (Photo: ITPC)
Nguyen Loc Ha, Permanent Vice Chairman of the Ho Chi Minh City People’s Committee, speaks at the forum. (Photo: ITPC)

The event was held within the framework of the Impact Investment Readiness in Viet Nam (IIRV) project funded by Canada. Since 2022, the IIRV project has mobilised more than 17.5 million CAD (equivalent to 12.5 million USD) in impact investment for Viet Nam and supported capacity building for nearly 250 social impact enterprises.

Speaking at the forum, Nguyen Loc Ha, Permanent Vice Chairman of the Ho Chi Minh City People’s Committee, said that throughout its development process, the southern hub has consistently prioritised improving the quality of investment flows, encouraging efficient and sustainable business models, and promoting innovation, thereby gradually enhancing competitiveness and ensuring long-term growth.

According to Nguyen Loc Ha, impact investment not only aims for financial returns but also places strong emphasis on generating positive and meaningful value for society and the environment.

This approach aligns with current development trends, as many countries and cities around the world are promoting green growth models, circular economy practices, and inclusive development.

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Jim Nickel, Canadian Ambassador to Viet Nam, speaks at the forum. (Photo: ITPC)

Meanwhile, Jim Nickel, Canadian Ambassador to Viet Nam, emphasised that Canada remains committed to cooperating with Viet Nam in building an inclusive and sustainable economy.

Through the IIRV project, with appropriate support, Viet Nam’s social impact enterprises can attract the capital needed to create jobs, improve farmers’ livelihoods, and address environmental and climate challenges.

“When investment is combined with innovation, technology, and responsible environmental and social practices, we can open up new opportunities for trade and shared economic prosperity,” Jim Nickel emphasised.

The forum focused on discussing and exploring blended finance solutions for small and medium-sized enterprises (SMEs), while also identifying ways to assess market opportunities, address capital bottlenecks, and outline the measures Vietnamese SMEs need to take.

NDO
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