The project is part of the multi-country Fair Finance Asia programme (Vietnam, Cambodia, Philippines, Indonesia, Thailand, Japan, India, Pakistan)

The Fair Finance Vietnam

As a key driver of economic development, the financial sector produces a range of social and environmental impacts. In order to foster sustainable development, the project promotes environmental and social responsibility in financial institutions andgovernmental policies related to the banking sector.

Objectives

  • Improved regulations on the integration of ESG criteria in the financial sector, along with improved policies and practices of commercial banks.
  • Regional multi-stakeholder dialogue, including social organizations and allies, is initiated resulting in a joint multi-stakeholder roadmap and the conditions for a multi-stakeholder initiative (MSI).

A sustainable financial sector in Vietnam with more transparent and accountable financial institutions that adhere to Environmental, Social and Governance (ESG) criteria.

Chart: ESG Themes under the Assessment in Vietnam

The project targets

  • Social organizations that consider financial flows as vitally important for development processes in their specific and/or global context
  • Financial institutions
  • Financial regulators
  • Investors
  • Development banks

Locations

Thanh Hoa and Lao Cai provinces; then national level