Total outstanding loans of credit institutions in HCM City were estimated at VNĐ5.08 quadrillion (US$193.1 billion) as of December 31 this year, up 0.95 per cent from November and 13.5 per cent compared with the end of 2024, according to...
Green credit is increasingly seen as an inevitable trend to support sustainable growth in the agriculture sector, yet its scale in Việt Nam remains modest compared with overall credit in the economy.
In 2024, the World Bank committed a US$350 million loan to the Vietnamese Government to implement the one-million-hectare project which associated with green growth in the Mekong Delta.
The collective label “Low-Emission Green Vietnamese Rice”, developed by the Vietnam Rice Sector Association (VIETRISA), is gaining strong market traction, reinforcing the image of Vietnamese rice as environmentally friendly and aligned with sustainable development.
The trend underscores the sector’s efforts to implement Government credit priorities, supporting economic growth and maintaining financial stability in the country’s southern economic hub.
Huỳnh Tấn Đạt, Director General of the ministry’s Plant Production and Protection Department, said by 2050, all major crop areas are expected to adopt low-emission cultivation practices.
The State Bank of Vietnam (SBV) has increased the total credit limit for the agricultural, forestry and fishery sectors to VNĐ185 trillion (about US$7 billion), under a programme designed to stimulate growth and sustainability in these critical industries.
A fixed 2 per cent annual interest rate subsidy is proposed for the private enterprises, business households and individuals on loans for green, circular economy and environmental – social – governance (ESG) projects, accroding a a draft decree by the...
The agreement confirms the two countries'' pioneering role and strong commitment to international carbon market cooperation, making a substantive contribution to global efforts to tackle climate change.
Sacombank has launched a preferential credit package worth VNĐ40 trillion(US$1.5 billion) offering interest rates starting from just 4.3 per cent per year to support both individuals and businesses in realising key financial plans, especially in the second half of the year.