Outstanding green credit across the entire system is estimated at approximately 750 trillion VND.

On the morning of December 19th, the Vietnam General Association of Agriculture and Rural Development held a ceremony to summarize the communication project "Green Credit for Businesses and Farmers in 2025".

In his opening remarks, Mr. Ho Xuan Hung, President of the Vietnam General Association of Agriculture and Rural Development, emphasized that in the context of Vietnam implementing the Green Growth Strategy, committing to achieving net-zero emissions by 2050 and transforming its agricultural model towards sustainability, green credit plays a particularly important role in mobilizing resources for development.

Mr. Ho Xuan Hung, Chairman of the Vietnam General Association of Agriculture and Rural Development, shared: "The communication project 'Green Credit for Businesses and Farmers in 2025' is being implemented with the support of ministries, departments, agencies, media outlets, experts, and the business community." Photo: Minh Ha.

Through awareness campaigns, surveys, training, workshops, and experience sharing, the project has reached hundreds of businesses, contributing to raising awareness among businesses and farmers about innovation, digital transformation, green, clean, circular, and organic production, climate change adaptation, and sustainable development. Simultaneously, the government's green credit policies and banking system have been more widely disseminated to agricultural producers and businesses.

However, the reality shows that the demand for capital for environmentally friendly, energy-efficient, and emission-reducing agricultural production models is increasing, while access to green credit remains limited. Information on policies has not been widely disseminated; the ESG capacity of many businesses is still weak; and the legal framework and database for evaluating green projects are not yet synchronized.

The demand for capital from businesses, cooperatives, and farmers for environmentally friendly agricultural production models that reduce emissions is growing. Photo: Minh Ha.

Within the framework of the program, the General Association, in coordination with several ministries and agencies, organized a workshop on "Green Credit for Businesses and Farmers," aiming to promote green production, circular agriculture, reduce emissions, and improve access to preferential capital for businesses and farmers.

At the seminar, experts stated that green credit is an inevitable direction for promoting sustainable growth; however, to date, green credit in Vietnam still accounts for a small percentage of total credit.

Accordingly, by November 30, 2025, the total outstanding green credit in the entire system is estimated to reach approximately 750 trillion VND, accounting for about 4.5% of the total outstanding credit in the economy , with an average growth rate of over 21% per year from 2017 to the present. Experts emphasize that the growth rate of green credit is not commensurate with the goals of the National Strategy on Green Growth for the period 2021-2030, with a vision to 2050.

Sharing his experience in implementing green credit, Mr. Tran Hoai Phuong, Director of the Corporate Customer Division at Ho Chi Minh City Development Commercial Bank ( HDBank ), said that HDBank has continuously implemented green credit packages with preferential interest rates for many sectors such as infrastructure, digital technology, agriculture, and import-export, with a scale of trillions of VND, competitive interest rates, and optimal support for cash flow and costs for businesses to develop sustainably.

Not only HDBank, but recently Sacombank also launched a Green Finance product package (Sacombank Eco), aimed at supporting customers in sustainable development associated with environmental protection.

Speaking at the workshop, Mr. Ho Xuan Hung stated that although Decision No. 21/2025/QD-TTg has initially issued criteria for classifying green projects, the green credit market still faces many "bottlenecks." These include a lack of standardized databases on emissions and energy by banks; insufficient differentiation in interest rate incentives; and discrepancies between domestic and international standards. For businesses, especially small and medium-sized enterprises (SMEs), the capacity to apply and report according to ESG standards remains limited.

At the conclusion of the workshop, delegates unanimously recommended that the State should soon establish a national database on emissions and energy; improve the incentive and risk-sharing mechanisms for green credit; enhance ESG capacity for businesses; and finalize the legal framework for green bonds according to international standards. These are considered crucial conditions for green credit to truly become a driving force for sustainable development, especially in the agricultural sector – the backbone of the economy.

Source: https://nongnghiepmoitruong.vn/du-no-tin-dung-xanh-toan-he-thong-uoc-dat-khoang-750-nghin-ty-dong-d790220.html