The conference, organised by Nam A Bank in partnership with the Executive Board of the Vietnam International Financial Centre in Ho Chi Minh City (VIFC-HCMC), FiinGroup, and the Global Green Growth Institute (GGGI) Vietnam, focused on connecting green capital with investment opportunities.
Achieving climate-resilient growth requires substantial additional funding. Experts highlighted that key hurdles extend beyond attracting foreign capital to completing regulatory frameworks, market infrastructure, transparent mechanisms, and technical standards for effective disbursement.
According to a World Bank report, capital costs for clean energy projects in emerging economies are nearly double those in developed nations. In Vietnam, many green projects struggle to access international financing due to a lack of cash flow transparency standards, inconsistent Measurement, Reporting, and Verification (MRV) systems, and foreign exchange risks.
Assoc. Prof. Dr. Nguyen Huu Huan, Vice Chairman of the VIFC-HCMC Executive Board, said the centre aims to become a green capital transformation hub. Its primary mission is to standardise green projects, mitigate risks, and enhance fundraising capabilities. Under this approach, projects will be standardised, measured, guaranteed, funded, and traded across borders, linking effectively with global capital flows.
Vo Hoang Hai, Deputy General Director of Nam A Bank, suggested establishing a centralised trading floor for green bonds and carbon credits to resolve liquidity issues in the currently fragmented market. He also suggested developing cross-border payment and foreign exchange infrastructure for green capital transactions, reducing costs and processing times while strengthening VIFC-HCMC’s competitive edge in attracting foreign investment.
On the sidelines of the event, Nam A Bank signed a green credit agreement with the Swiss Investment Fund for Emerging Markets (SIFEM) AG, , a development finance institution wholly owned by the Swiss Confederation. The bank also secured an additional US$20 million from funds managed by ResponsAbility Investments AG, bringing its total international capital raised since the start of the year to nearly US$350 million.
These funds will support comprehensive financial strategies to expand green credit access for businesses, particularly small and medium-sized enterprises (SMEs), thereby boosting the national green transition and sustainable economic development.
(VOV)
