Green energy demand is rising.

The resolution was issued in 2025 and outlines a plan for energy security by 2030. It also promotes a competitive electricity market and encourages private investors to provide funding.

The resolution supports the development of renewable energy, clean energy, and other green technologies. This aligns with Vietnam's goal to achieve net-zero emissions.

As a result, the demand for capital to fund energy projects and green transitions is expected to increase. This will create new opportunities for the domestic capital market.

Energy security is closely linked to the development of capital markets. Measures such as issuing bonds and selling shares in state energy companies can help fund the energy transition.

To accelerate green finance, improving the policy and legal framework is essential.

The Government should refine mechanisms and introduce incentives to encourage investment in green sectors, according to Phung Xuan Minh, Chairman of the Board of Saigon Ratings.

Establishing a unified green finance taxonomy is also crucial. This will help issuers bring green products to the market more efficiently and enable better policy implementation.

Reinforcing the foundation for green finance

Improving awareness and capacity for green transition is essential for enterprises. They need to align their strategies with environmental, social, and governance standards.

The State Bank of Vietnam and credit institutions have a clearer mandate to promote green credit. They can direct capital towards key priority areas by clarifying regulations and offering incentives.

Developing a professional and socially responsible investor base is vital to improving market quality. Commercial banks should provide loans and invest in the green bond market.

For foreign capital to flow, information transparency is necessary. Enterprises should access domestic and international capital sources and adopt sustainability-oriented governance.

Enhancing cooperation with global partners will help attract green funding, especially when Vietnam's stock market status is expected to be upgraded soon.

However, Vietnam's green finance market is still in its infancy, facing challenges related to implementation capacity and assessment. Completing these foundational elements will be crucial for a green and low-carbon economy.