Finance for green economic growth in Vietnam - Policy, legal frameworks and enforcement

Abstract

Green economic growth is an inevitable trend and requires a rich and diversified source of capital. Instead of government finance which take the forms of promoting and preferential policies in the beginning phase, green credit products (e.g. capital provided by credit institutions) plays an important role in the in-depth development phase of green economic growth. This studies suggests that the finance for green economic growth depends on the current policy and legal frameworks, thereby evaluating the current situation of regulations, practical enforcement and remedy for shortcomings and limitations in the enforcement of policies and law on finance for green economic growth in Vietnam.