HCM City (VNA) – Promoting investment ingreen growth was the focus of a forum on sustainable finance in Ho Chi MinhCity on May 28.
Participants at the event, who included expertsfrom management agencies like the Ministry of Planning and Investment, theState Bank and the State Securities Commissions, commercials banks andinternational and domestic investment funds, discussed measures to push theimplementation of green growth strategy targets.
They also looked for ways to mobiliseinvestment capital for climate change adaptation projects as Vietnam is facingincreasing challenges from climate change.
The International Financial Corporation (IFC)forecasted that from now until 2030, investment in climate-related projects inVietnam could amount to 753 billion USD, including 59 billion USD in renewableenergy and 80 billion USD in green works.
Experts said that investment flow and fundingfrom the private economic sector has a crucial role in sustainable developmentstrategy. Therefore, it is necessary to create favourable policies to accessgreen growth funds from this sector.
Secretary General of the Vietnam BanksAssociation Nguyen Toan Thang said that credit institutions should make moreefforts to implement international practices on sustainable development. Thiswill help to effectively manage environmental, social, and governance risks incredit operations, as well as develop financial products.
Kyle Kelhofer, IFC country manager for Vietnam,Laos, and Cambodia, said IFC is closely coordinating with management agencies andfinancial institutions to help create a market for climate business in Vietnam,as well as in the entire Southeast Asian region.
At the forum, experts also discussed the role ofthe banking sector in realising national sustainable development goals, as wellas policy initiatives and market solutions to promote investment and funds forsustainable development.–VNA
Six provinces and cities have built their own green growth action plans with the assistance of a foreign-funded project in strengthening capacity and institutional reform for green growth and sustainable development in Vietnam.
Representatives of enterprises and public agencies joined a forum in Hanoi on March 12, exchanging experience and sharing measures to protect the environment and achieve sustainable growth.
A workshop held in Hanoi on May 9 highlighted the need to adjust the Support Programme to Respond to Climate Change (SP-RCC) to better suit the current situation.
Floodwater levels in the Cuu Long (Mekong) Delta are high and will continue to rise this month, especially in upstream areas, according to the hydraulic works management and construction department of the Ministry of Agriculture and Environment.
Conservation efforts to restore habitat and boost the population of red-crowned cranes in Tram Chim National Park are finally showing progress, with the cranes and many other rare wild birds coming back to the park.
Torrential rains from the night of July 31 to early August 1 triggered flash floods and landslides across several communes in Dien Bien province, leaving at least two people dead and eight others missing.
Transitioning to a circular economy not only offers a sustainable development path for Ho Chi Minh City but also serves as a pivotal step toward establishing a fully green economy.
An exhibition featuring 100 green, recycled, and circular economy models and products from 50 businesses and educational establishments took place in Ho Chi Minh City on July 31, as part of the local green transition forum and recycle day 2025.
Regional solidarity and cooperation are the key factor for the effective implementation of wildlife protection regulations. Only through sustainable cooperation, innovative approaches, and collective action can biodiversity be safeguarded for the present and future generations, an Vietnamese official has said.
Hanoi has approved a comprehensive plan to restore the environmental quality and develop four major urban rivers – the To Lich, Kim Nguu, Lu, and Set reverine environments.
The Javan pangolin is listed in Vietnam’s Red Book as critically endangered and is protected under Group IB – a category reserved for forest species facing an extremely high risk of extinction and requiring strict conservation measures.
As a key member of the core group of 18 countries, initiated by Vanuatu, Vietnam engaged in advocating for the UN General Assembly’s Resolution N.77/276, requesting for the ICJ’s advisory opinion. Following the resolution's adoption, Vietnam fully participated in all procedural steps for the first time, from submitting written proposals to presenting directly at the court’s hearings.
The wild elephant population in Da Nang includes a full developed herb of mature males, females, and calves. To date, the herd has grown to nine individuals.
Conservation efforts here have become a model, helping to save millions of turtle hatchlings and promoting Con Dao as a member of the Indian Ocean-Southeast Asia Turtle Site Network.
As part of its drive to fulfil its net zero emissions commitment by 2050, Vietnam is fast-tracking the development of a legal corridor to launch a pilot carbon market by the end of 2025, according to the Department of Climate Change.
Under the plan, from 2025 to 2026, the city will complete mechanisms and policies to support businesses in switching to green vehicles, expand the electric and green-energy bus network, and build charging stations. The targeted proportion of green buses is set at 10% in 2025 and 20–23% in 2026.
Storm Comay, the fourth in the East Sea this year, was at around 16.7 degrees North and 118.3 degrees East, in the east of the East Sea's northern waters as of 4am on July 24.
The disaster risk warning level for flash floods, landslides, and ground subsidence due to heavy rains and flows is rated at level 1, except in Nghe An, where it is raised to level 2.
Illustrative image (Source: VNA) 
