Vietnamplus

Malaysia is doing relatively well in developing sustainable finance and enabling policy frameworks compared with other ASEAN countries, said the World Bank (WB) Group.

Finance Minister Ho Duc Phoc has had a working session with Secretary-General of United Nations Conference on Trade and Development (UNCTAD) Rebeca Grynspan, and Director General of the World Trade Organisation (WTO) Ngozi Okonjo-Iweal, as part of the activities in his working visit to Switzerland.

Vietnam ranks second in green bond issuance in the Association of Southeast Asian Nations (ASEAN), according to the ASEAN Sustainable Finance – State of the Market 2021 report recently released by Climate Bonds Initiatives (CBI) and HSBC.

Vietnam's strategic financial objectives in the 2021-30 period aim to reach a balance between achieving sustainable finance and major socio-economic developmental goals.

Solutions to promoting sustainable finance in ASEAN, digital transformation in the financial service sector amid the fourth Industrial Revolution, comprehensive financial solutions, and regional digital commerce links were on the agenda of the 6th ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM), held online on October 2.

The ASEAN Finance and Central Bank Deputies’ Meeting (AFCDM) was held online in Hanoi on October 1 in preparation for the sixth ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) scheduled for the following day.

Finance Minister Dinh Tien Dung presented a report on the State budget performance in 2019, estimates for 2020 and the five-year financial plan (2016-2020) to the National Assembly on October 31.

Promoting investment in green growth was the focus of a forum on sustainable finance in Ho Chi Minh City on May 28.

Vietnamese Minister of Finance Dinh Tien Dung met with his Thai counterpart Apisak Tantivorawong on April 4, discussing priorities in finance issues in ASEAN in 2019 and 2020.

The international community will face many challenges in implementing finance in the future, necessitating a solution that balances the goals of finance, integration and consumer protection.

Finance ministers of APEC member economies ended their 22nd meeting on September 11 after launching the Cebu Action Plan, a roadmap for a more sustainable financial future for the Asia-Pacific region.