Sharing their experiences on practical issues for Vietnam in sustainable development at the “ESG - A business model for sustainable development” conference, the four Nordic countries - Denmark, Finland, Norway, and Sweden - said they believe that high-quality FDI capital will go to developing economies with an emphasis on compliance with ESG (Environment, Society and Governance) principles. This will be both a challenge for and key to Vietnam’s development.
The corporate bond market is expected to continue to develop this year, with expansions seen in the size and diversity of products and with an increasingly complete legal framework that ensures sustainable development. Low interest rates will also work in the market’s favor.
In its capital arrangement plan to 2030, HSBC commits to financing $12 billion to help Vietnam achieve net-zero emissions. It was the underwriter of green bonds, social bonds, sustainable bonds, and sustainability-linked bonds last year, and is Asia’s largest, with a trading volume nearly double compared to 2020.
Mr. Duc Phung, CEO of Gojek Vietnam, spoke with VET about the company’s approach to transportation and pursuit of sustainable development amid the pandemic.