In recent years, credit institutions and Viet Nam’s capital market have begun to form capital channels for a number of environmentally friendly projects. Outstanding green credit in the banking system has risen sharply, reflecting strong interest from both banks and businesses in low-emission projects.

On December 19, in Ha Noi, the Viet Nam Association of Agriculture and Rural Development held the closing ceremony of the communication programme “Green Credit for Enterprises and Farmers 2025”.

The potential and measures for advancing the circular economy were the focus at a panel discussion of the Viet Nam’s Economy in 2025 and Prospects in 2026 Forum (VEPF), co-hosted by the Party Central Committee’s Commission for Policies and Strategies and the Government on December 16.

In Viet Nam, over the past 10 years, greenhouse gas emissions have risen by 6.2% per year on average, reaching about 5.2 tonnes per person. This figure is approximately 45.6% higher than the average of countries in the middle-income group.

Viet Nam has called on the World Bank (WB) to provide preferential “green credit” to support mechanisation in agriculture and help cooperatives access funding to produce organic fertiliser from rice straw, thereby advancing the cultivation of high-quality, low-emission rice.

The Innovation and Startup Centre under the Posts and Telecommunications Institute of Technology (PTIT) held a ceremony on July 5 to unveil the trial version of the P-Coin Green Credit System.

In the context of increasing globalisation and climate change, the development of green credit is not only an inevitable trend but also an urgent requirement for Viet Nam. As the lifeblood of the economy, the banking sector faces both great opportunities and significant challenges in advancing green finance.