Green Credit in Vietnam: Status and Development Strategies in Line with International Practice
The scientific article examines the state and development strategies of "green" credit in Vietnam in accordance with international practice. The statistics of lending to "green" economy projects by Vietnamese banks by sectors of the economy and special conditions for granting loans for green projects are given. In the course of studying the supervisory and control practices of central banks in developed and developing countries, regulatory strategies and a list of financial support tools for banks’ lending to green clients were considered. Three key areas of financial incentives for the lending activities of green banks have been identified and classified: macro- and microsupport, the creation of a "green" credit market, and the promotion of green lending. Conclusions and recommendations were formulated for the national financial regulator of Vietnam on stimulating and regulating support for banks’ lending to green projects.