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The ‘Green bond market development and financial resource mobilization for green and sustainable growth’ conference. Photo: VNE
Government gives green light to green bonds
Demand for green finance in Vietnam was discussed by experts at the “Green bond market development and financial resource mobilization for green and sustainable growth” conference held in Ho Chi Minh City on September 30. To further promote the green bond market, the Ministry of Finance (MoF) said it is coordinating with the Ministry of Natural Resources and Environment (MoNRE) to complete the Prime Minister’s draft Decision on a green classification list. The MoF will also recommend that relevant authorities issue policies to increase incentives for green bonds.
Deputy Prime Minister Pham Binh Minh (centre and right) and State Secretary of the German Ministry of Economic Cooperation and Development Jochen Flasbarth (Photo: VGP/Hai Minh)
Germany willing to help Vietnam fulfill COP26 commitments
On September 28 at Government Headquarters, Standing Deputy Prime Minister Pham Binh Minh received State Secretary of the German Ministry of Economic Cooperation and Development Jochen Flasbarth, who is on a visit to Vietnam. Mr. Flasbarth affirmed that Germany wishes to strengthen cooperation with Vietnam and is willing to share its experience in clean energy transition to help it fulfil its COP26 commitments.