Green and Sustainable Investment: A New Trend in Attracting Domestic and Foreign Capital

Amid the global shift toward a low-carbon economy, Vietnam is emerging as an attractive destination for green and sustainable investment flows. The development of environmentally friendly projects that utilize renewable energy and adopt ESG (Environmental – Social – Governance) standards not only aligns with the country’s commitment to achieving net-zero emissions by 2050 but also clearly reflects the Government’s steadfast orientation toward green growth and sustainable economic development.

To concretize this goal, the Vietnamese Government has issued and implemented various policies to promote green investment, including the completion of the legal framework for green finance and incentives for projects using clean technologies and renewable energy. The Ministry of Planning and Investment, in cooperation with the Ministry of Natural Resources and Environment, has developed a list of more than 80 sectors and fields encouraged for green investment, focusing on wind and solar energy, energy-efficient equipment manufacturing, and waste treatment. In addition, preferential mechanisms related to taxes, land use, and green credit are applied to enterprises investing in these fields, contributing to the expansion of renewable energy projects nationwide.

Notably, dynamic localities such as Binh Thuan, Ninh Thuan, Ba Ria–Vung Tau, Gia Lai, and Soc Trang have become new “renewable energy hubs.”. Numerous large-scale wind and solar power projects were launched in 2025, attracting capital from leading corporations in Europe and Northeast Asia. At the same time, eco-industrial parks and high-tech zones have been strongly developed, aiming to reduce emissions, promote resource circularity, and enhance energy efficiency. The integration of industrial development with environmental protection is becoming a new standard in investment attraction, contributing to elevating Vietnam’s image on the global map of green investment.

International financial institutions have also recognized Vietnam as one of the countries with great potential in sustainable investment, particularly due to its clear policy direction and strong government commitment to the energy transition. New-generation free trade agreements such as EVFTA, CPTPP, and RCEP have created favorable conditions for investment flows into environmentally friendly projects, enabling Vietnamese enterprises to participate more deeply in global supply chains. Many domestic companies have also proactively adopted ESG standards, joined international certification programs, and accessed preferential funding from green finance institutions and strategic partners.

At the same time, the Green Investment Promotion Program has been implemented at both national and local levels. The Ministry of Planning and Investment, in collaboration with international organizations, organized the Vietnam Green Investment Conference 2025, attracting the participation of over 300 enterprises, banks, and sustainable investment funds from the G7 and ASEAN. During the event, numerous cooperation agreements were signed, focusing on energy infrastructure, electrified transportation, and circular industries. These activities not only reaffirm Vietnam’s commitment to green economic development but also position the country as a reliable partner in the global sustainable investment value chain.

It is evident that green and sustainable investment has become a key trend in Vietnam’s investment attraction strategy. The harmonious combination of economic growth and environmental protection not only enhances the quality of growth but also builds the image of a dynamic, responsible, and pioneering Vietnam in the region. With clear orientation, consistent policies, and strong collaboration from the business community, Vietnam is steadily moving toward its goal of becoming a leading green investment hub in Southeast Asia.

Vietnam maps showing administrative units, sources of critical raw materials and industrial zones locations.