Vietnam's private green investment in 2024 reaches $160 million,

Vietnam’s private green investment in 2024 reached over $160 million, according to the latest Southeast Asia's Green Economy report.

The report was released recently by Bain & Company, GenZero, Google, Standard Chartered and Temasek.

Southeast Asia-6 (SEA-6) - Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam - witnessed a 43% increase year-on-year in private green investments to $8 billion last year, according to the report.

The report shows that the energy sector continues to hold two-thirds share of green investments in the region with an increase in deal sizes. Within the sector, solar witnessed the biggest increase (100%) in investments, while waste management deals rose 60% year-on-year, driven by water treatment and recycling projects.