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Abstract
According to Vietstock, the Vietnamese bond market gained an average annual growth of 24% per year for the period of 2011 to 2016 and mobilised VND2,000,000,000,000,000 ($86 billion) in 2017, equivalent to 40% of Vietnam's GDP for that year. Since the target revenue gained from the bond market is 65% of the GDP until 2030, there is still room for development of the Vietnamese bond market, including green bonds. [...]in Ontario, Canada, green bonds are defined as debt securities where the issue proceeds are used to fund projects with specific environmental benefits, such as clean transportation, energy efficiency and conservation, clean energy and technology. Since corporate green bonds are a type of corporate bond, bond issuers issuing green bonds must comply with the regulations on bond issuance as described in Decree 163. Potential channel and platform Green bonds have been considered a helpful financial tool for sustainable development goals for investment into green projects in both global and domestic markets. [...]the regulation of corporate green bonds under Decree 163 is expected to create a potential channel to mobilise capital for green projects in the private sector, creating a platform for green product derivatives trading in Vietnam.