While the solar energy, plastics recycling and rice production sectors are central to Việt Nam''s climate ambitions, women remain significantly underrepresented – holding just 23 per cent of formal jobs and 21 per cent of leadership roles on average.
LOTTE Finance’s charter capital has increased by more than VNĐ726 billion to VNĐ4.9 trillion (US$188 million), with Lotte Card Co Ltd (South Korea) owning 100 per cent of the charter capital.
Many banks have established green transition steering committees, embedded the ESG criteria in their business strategies, and expanded funding for environmentally-friendly sectors.
HSBC Bank, with Mizuho Bank, SMBC, and United Overseas Bank (Vietnam) Limited, will provide a five-year green club loan to Malaysia-owned Tam Luc Real Estate Corporation.
Environmental pollution is on the rise, and without imposing a tax on petrol, it will be difficult to change consumer behavior, the minister stated. A special consumption tax on petrol has been in place since 1998.
A proposal to impose a 20-per-cent tax on profits from real estate transfers could negative impacts on the housing market and overall accessibility for homebuyers.
Việt Nam’s retail fuel prices were reduced for the second consecutive time from 3pm on May 8, under an urgent directive issued on the same day by the Ministry of Industry and Trade (MoIT).
As Việt Nam accelerates its transition toward a green economy, green finance is becoming a central pillar of the country’s development strategy - essential to unlocking the capital needed to meet its net-zero goals and ensure a just, inclusive shift...
The Vietnam Chamber of Commerce and Industry (VCCI) say that the draft does not mention large customers who use financial service such as corporations, parent and holding companies.
Việt Nam News speaks with Thomas Jacobs, International Finance Corporation (IFC) country manager for Việt Nam, Cambodia, and Laos, about the private sector''s role in Việt Nam''s green transition.