{"id":23071,"date":"2025-11-27T16:20:53","date_gmt":"2025-11-27T09:20:53","guid":{"rendered":"https:\/\/b-company.jp\/?p=23071"},"modified":"2025-11-28T09:21:21","modified_gmt":"2025-11-28T02:21:21","slug":"barriers-for-vietnamese-smes-when-accessing-capital-from-green-bonds","status":"publish","type":"post","link":"https:\/\/b-company.jp\/vi\/barriers-for-vietnamese-smes-when-accessing-capital-from-green-bonds\/","title":{"rendered":"R\u00e0o c\u1ea3n \u0111\u1ed1i v\u1edbi doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf Vi\u1ec7t Nam khi ti\u1ebfp c\u1eadn v\u1ed1n t\u1eeb tr\u00e1i phi\u1ebfu xanh"},"content":{"rendered":"
<\/div>
<\/div><\/div><\/div>
<\/i><\/div>

C\u00f4ng ty nghi\u00ean c\u1ee9u th\u1ecb tr\u01b0\u1eddng c\u1ee7a Nh\u1eadt B\u1ea3n \u0111\u1ea7u ti\u00ean t\u1ea1i Vi\u1ec7t Nam t\u1eeb n\u0103m 2008. Ch\u00fang t\u00f4i cung c\u1ea5p \u0111a d\u1ea1ng nh\u1eefng d\u1ecbch v\u1ee5 bao g\u1ed3m nh\u01b0 b\u00e1o c\u00e1o ng\u00e0nh, kh\u1ea3o s\u00e1t ng\u01b0\u1eddi ti\u00eau d\u00f9ng, k\u1ebft n\u1ed1i kinh doanh.<\/em><\/p>\n

Trong chuy\u00ean m\u1ee5c \u201cB\u1ea3n tin Vi\u1ec7t Nam\u201d n\u00e0y, c\u00e1c nh\u00e0 nghi\u00ean c\u1ee9u tr\u1ebb c\u1ee7a B&Company s\u1ebd cung c\u1ea5p th\u00f4ng tin c\u1eadp nh\u1eadt v\u1ec1 xu h\u01b0\u1edbng c\u00e1c ng\u00e0nh c\u00f4ng nghi\u1ec7p, xu h\u01b0\u1edbng ti\u00eau d\u00f9ng v\u00e0 x\u00e3 h\u1ed9i Vi\u1ec7t Nam. Nh\u1eefng di\u1ec5n gi\u1ea3i v\u00e0 tri\u1ec3n v\u1ecdng trong t\u01b0\u01a1ng lai l\u00e0 \u00fd ki\u1ebfn c\u00e1 nh\u00e2n c\u1ee7a m\u1ed7i nh\u00e0 nghi\u00ean c\u1ee9u.<\/em><\/p>\n

B\u00e0i vi\u1ebft n\u00e0y \u0111\u01b0\u1ee3c vi\u1ebft b\u1eb1ng ti\u1ebfng Anh v\u00e0 b\u1ea3n d\u1ecbch t\u1ef1 \u0111\u1ed9ng \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng cho c\u00e1c phi\u00ean b\u1ea3n ng\u00f4n ng\u1eef kh\u00e1c. Vui l\u00f2ng tham kh\u1ea3o phi\u00ean b\u1ea3n ti\u1ebfng Anh \u0111\u1ec3 bi\u1ebft n\u1ed9i dung ch\u00ednh x\u00e1c. <\/em><\/p>\n<\/div>\n\t

\n\t\t
\n\t\t\t\n\t\t<\/div>\n\t<\/div>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu xanh c\u1ee7a Vi\u1ec7t Nam \u0111\u00e3 ph\u00e1t tri\u1ec3n nhanh ch\u00f3ng, ch\u1ee7 y\u1ebfu do c\u00e1c t\u1eadp \u0111o\u00e0n v\u00e0 ng\u00e2n h\u00e0ng l\u1edbn chi ph\u1ed1i, trong khi c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf (SME) ti\u1ebfp c\u1eadn v\u1ed1n th\u00f4ng qua c\u00e1c kho\u1ea3n vay xanh t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i. Tuy nhi\u00ean, SME v\u1eabn ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi nh\u1eefng r\u00e0o c\u1ea3n dai d\u1eb3ng, bao g\u1ed3m s\u1ef1 b\u1ea5t \u1ed5n v\u1ec1 quy \u0111\u1ecbnh, th\u1ee7 t\u1ee5c cho vay ph\u1ee9c t\u1ea1p v\u00e0 chuy\u00ean m\u00f4n h\u1ea1n ch\u1ebf. Nh\u1eefng r\u00e0o c\u1ea3n n\u00e0y h\u1ea1n ch\u1ebf s\u1ef1 tham gia c\u1ee7a SME v\u00e0o h\u1ec7 sinh th\u00e1i t\u00e0i ch\u00ednh b\u1ec1n v\u1eefng. \u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh ph\u00e1t tri\u1ec3n (DFI), c\u01a1 h\u1ed9i n\u1eb1m \u1edf c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 tr\u1ecdn g\u00f3i k\u1ebft h\u1ee3p v\u1ed1n v\u1edbi h\u1ed7 tr\u1ee3 k\u1ef9 thu\u1eadt \u0111\u1ec3 x\u00e2y d\u1ef1ng n\u0103ng l\u1ef1c cho SME, cho ph\u00e9p gi\u1ea3i ng\u00e2n v\u1ed1n xanh hi\u1ec7u qu\u1ea3 v\u00e0 h\u1ed7 tr\u1ee3 qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i xanh to\u00e0n di\u1ec7n c\u1ee7a Vi\u1ec7t Nam.<\/p>\n

T\u1ed5ng quan th\u1ecb tr\u01b0\u1eddng<\/strong><\/h3>\n

Tr\u00e1i phi\u1ebfu xanh l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 n\u1ee3 m\u00e0 s\u1ed1 ti\u1ec1n thu \u0111\u01b0\u1ee3c \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 t\u00e0i tr\u1ee3 ho\u1eb7c t\u00e1i c\u1ea5p v\u1ed1n cho c\u00e1c d\u1ef1 \u00e1n "xanh": nh\u1eefng d\u1ef1 \u00e1n g\u00f3p ph\u1ea7n v\u00e0o t\u00ednh b\u1ec1n v\u1eefng c\u1ee7a m\u00f4i tr\u01b0\u1eddng, gi\u1ea3m thi\u1ec3u ho\u1eb7c th\u00edch \u1ee9ng v\u1edbi bi\u1ebfn \u0111\u1ed5i kh\u00ed h\u1eadu. C\u00e1c tr\u00e1i phi\u1ebfu n\u00e0y c\u00f3 c\u00e1c \u0111\u1eb7c \u0111i\u1ec3m c\u1ea5u tr\u00fac t\u01b0\u01a1ng t\u1ef1 nh\u01b0 tr\u00e1i phi\u1ebfu th\u00f4ng th\u01b0\u1eddng (v\u00ed d\u1ee5: l\u00e3i su\u1ea5t c\u1ed1 \u0111\u1ecbnh, tr\u1ea3 n\u1ee3 theo l\u1ecbch tr\u00ecnh), nh\u01b0ng \u0111i k\u00e8m v\u1edbi t\u00ednh minh b\u1ea1ch v\u00e0 tr\u00e1ch nhi\u1ec7m gi\u1ea3i tr\u00ecnh cao h\u01a1n: b\u00ean ph\u00e1t h\u00e0nh \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng s\u1ebd ph\u00e2n b\u1ed5 r\u00f5 r\u00e0ng s\u1ed1 ti\u1ec1n thu \u0111\u01b0\u1ee3c cho c\u00e1c d\u1ef1 \u00e1n xanh \u0111\u1ee7 \u0111i\u1ec1u ki\u1ec7n, b\u00e1o c\u00e1o vi\u1ec7c s\u1eed d\u1ee5ng ch\u00fang v\u00e0 th\u01b0\u1eddng xuy\u00ean m\u1eddi c\u00e1c chuy\u00ean gia \u0111\u00e1nh gi\u00e1 b\u00ean ngo\u00e0i \u0111\u1ec3 x\u00e1c minh t\u00e1c \u0111\u1ed9ng.[1]<\/a>.<\/p>\n

N\u0103m 2016, Vi\u1ec7t Nam \u0111\u00e3 th\u00ed \u0111i\u1ec3m ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu xanh \u0111\u1ea7u ti\u00ean t\u1ea1i Th\u00e0nh ph\u1ed1 H\u1ed3 Ch\u00ed Minh v\u00e0 B\u00e0 R\u1ecba-V\u0169ng T\u00e0u. \u0110\u1ebfn n\u0103m 2018, tr\u00e1i phi\u1ebfu xanh ch\u00ednh th\u1ee9c gia nh\u1eadp th\u1ecb tr\u01b0\u1eddng Vi\u1ec7t Nam, m\u1eb7c d\u00f9 l\u01b0\u1ee3ng ph\u00e1t h\u00e0nh c\u00f2n khi\u00eam t\u1ed1n v\u00e0 ch\u1ee7 y\u1ebfu \u0111\u1ebfn t\u1eeb c\u00e1c ch\u00ednh quy\u1ec1n \u0111\u1ecba ph\u01b0\u01a1ng. T\u1eeb n\u0103m 2019 tr\u1edf \u0111i, c\u00e1c doanh nghi\u1ec7p nh\u01b0 Vinhomes (Vingroup) v\u00e0 T\u1eadp \u0111o\u00e0n \u0110i\u1ec7n l\u1ef1c Vi\u1ec7t Nam (EVN) \u0111\u00e3 b\u1eaft \u0111\u1ea7u ph\u00e1t h\u00e0nh. \u0110\u1ebfn n\u0103m 2022, EVN Finance tr\u1edf th\u00e0nh \u0111\u01a1n v\u1ecb ph\u00e1t h\u00e0nh \u0111\u1ea7u ti\u00ean t\u1ea1i Vi\u1ec7t Nam x\u00e2y d\u1ef1ng c\u01a1 c\u1ea5u tr\u00e1i phi\u1ebfu xanh theo Nguy\u00ean t\u1eafc Tr\u00e1i phi\u1ebfu Xanh c\u1ee7a ICMA.[2]<\/a>. N\u0103m 2025, VPBank ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu xanh Vi\u1ec7t Nam \u0111\u1ea7u ti\u00ean (300 tri\u1ec7u USD) ra th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf[3]<\/a>.<\/p>\n

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu xanh c\u1ee7a Vi\u1ec7t Nam \u0111\u00e3 c\u00f3 s\u1ef1 t\u0103ng tr\u01b0\u1edfng \u0111\u00e1ng k\u1ec3 trong nh\u1eefng n\u0103m g\u1ea7n \u0111\u00e2y, v\u1edbi t\u1ed5ng s\u1ed1 l\u01b0\u1ee3ng ph\u00e1t h\u00e0nh t\u0103ng t\u1eeb ch\u1ec9 284 tri\u1ec7u \u0111\u00f4 la M\u1ef9 trong giai \u0111o\u1ea1n 2016-2020 l\u00ean kho\u1ea3ng 1,4 t\u1ef7 \u0111\u00f4 la M\u1ef9 v\u00e0o th\u00e1ng 6 n\u0103m 2024.[4]<\/a>M\u1eb7c d\u00f9 t\u0103ng tr\u01b0\u1edfng nhanh ch\u00f3ng, th\u1ecb tr\u01b0\u1eddng v\u1eabn c\u00f2n t\u01b0\u01a1ng \u0111\u1ed1i nh\u1ecf n\u1ebfu x\u00e9t \u0111\u1ebfn nhu c\u1ea7u t\u00e0i ch\u00ednh cho qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i xanh c\u1ee7a Vi\u1ec7t Nam. \u01af\u1edbc t\u00ednh, c\u1ea7n 368 t\u1ef7 \u0111\u00f4 la M\u1ef9 cho qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i xanh trong l\u0129nh v\u1ef1c n\u0103ng l\u01b0\u1ee3ng Vi\u1ec7t Nam.[5]<\/a>Kho\u1ea3ng c\u00e1ch n\u00e0y l\u00e0m n\u1ed5i b\u1eadt nhu c\u1ea7u huy \u0111\u1ed9ng v\u1ed1n xanh v\u00e0 ph\u00e1t tri\u1ec3n h\u01a1n n\u1eefa c\u00e1c c\u01a1 ch\u1ebf t\u00e0i ch\u00ednh xanh \u0111\u1ec3 h\u1ed7 tr\u1ee3 c\u00e1c m\u1ee5c ti\u00eau kh\u00ed h\u1eadu v\u00e0 t\u0103ng tr\u01b0\u1edfng kinh t\u1ebf b\u1ec1n v\u1eefng c\u1ee7a Vi\u1ec7t Nam.<\/p>\n

C\u00e1c \u0111\u1ee3t ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu xanh ch\u00ednh trong n\u0103m 2024 v\u00e0 2025<\/strong><\/h3>\n

L\u00e0n s\u00f3ng ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu xanh g\u1ea7n \u0111\u00e2y trong giai \u0111o\u1ea1n 2024-2025, d\u1eabn \u0111\u1ea7u l\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh l\u1edbn (BIDV, Vietcombank, VPBank) v\u00e0 c\u00e1c doanh nghi\u1ec7p l\u1edbn trong l\u0129nh v\u1ef1c x\u1eed l\u00fd n\u01b0\u1edbc (IDI Group, Biwase Long An, N\u01b0\u1edbc s\u1ea1ch H\u00f2a B\u00ecnh - Xu\u00e2n Mai), cho th\u1ea5y xu h\u01b0\u1edbng tham gia th\u1ecb tr\u01b0\u1eddng c\u1ee7a c\u00e1c doanh nghi\u1ec7p l\u1edbn, c\u00f3 v\u1ed1n h\u00f3a l\u1edbn. T\u1ea5t c\u1ea3 c\u00e1c tr\u00e1i phi\u1ebfu \u0111\u1ec1u tu\u00e2n th\u1ee7 c\u00e1c Nguy\u00ean t\u1eafc Tr\u00e1i phi\u1ebfu Xanh c\u1ee7a Hi\u1ec7p h\u1ed9i Th\u1ecb tr\u01b0\u1eddng V\u1ed1n Qu\u1ed1c t\u1ebf (ICMA).<\/p>\n\n\n\n\n\n\n\n\n\n
STT<\/strong><\/td>\nNg\u01b0\u1eddi ph\u00e1t h\u00e0nh<\/strong><\/td>\nNg\u00e0y ph\u00e1t h\u00e0nh<\/strong><\/td>\n<\/td>\n<\/td>\nTi\u00eau chu\u1ea9n tham chi\u1ebfu<\/strong><\/td>\n<\/tr>\n
1<\/td>\nBIDV<\/td>\nTh\u00e1ng 9 n\u0103m 2024<\/td>\n3,000<\/td>\n5<\/td>\nICMA<\/td>\n<\/tr>\n
2<\/td>\nT\u1eadp \u0111o\u00e0n IDI<\/td>\nTh\u00e1ng 10 n\u0103m 2024<\/td>\n1,000<\/td>\n8<\/td>\n<\/tr>\n
3<\/td>\nVietcombank<\/td>\nTh\u00e1ng 11 n\u0103m 2024<\/td>\n2,000<\/td>\n2<\/td>\n<\/tr>\n
4<\/td>\nBiwase Long An<\/td>\nTh\u00e1ng 11 n\u0103m 2024<\/td>\n700<\/td>\n10<\/td>\n<\/tr>\n
5<\/td>\nN\u01b0\u1edbc s\u1ea1ch H\u00f2a B\u00ecnh \u2013 Xu\u00e2n Mai<\/td>\nTh\u00e1ng 11 n\u0103m 2024<\/td>\n875<\/td>\n20<\/td>\n<\/tr>\n
6<\/td>\nNg\u00e2n h\u00e0ng VPBank<\/td>\nTh\u00e1ng 9 n\u0103m 2025<\/td>\n300 tri\u1ec7u \u0111\u00f4 la M\u1ef9<\/td>\n5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*VPBank ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu xanh ra th\u1ecb tr\u01b0\u1eddng qu\u1ed1c t\u1ebf b\u1eb1ng tri\u1ec7u \u0111\u00f4 la M\u1ef9<\/p>\n

Ngu\u1ed3n: T\u1ed5ng h\u1ee3p c\u1ee7a B&Company<\/em><\/p>\n

C\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf (SME) v\u1eabn ch\u01b0a c\u00f3 t\u00ean trong danh s\u00e1ch c\u00e1c \u0111\u01a1n v\u1ecb ph\u00e1t h\u00e0nh tr\u1ef1c ti\u1ebfp. Vai tr\u00f2 c\u1ee7a h\u1ecd trong chu\u1ed7i t\u00e0i ch\u00ednh xanh thay v\u00e0o \u0111\u00f3 l\u00e0 gi\u00e1n ti\u1ebfp, ch\u1ee7 y\u1ebfu ti\u1ebfp c\u1eadn v\u1ed1n tr\u00e1i phi\u1ebfu xanh th\u00f4ng qua ho\u1ea1t \u0111\u1ed9ng cho vay ng\u00e2n h\u00e0ng, v\u00ec tr\u00e1i phi\u1ebfu xanh do c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i ph\u00e1t h\u00e0nh ph\u00e2n b\u1ed5 v\u1ed1n c\u1ee7a h\u1ecd v\u00e0o c\u00e1c d\u1ef1 \u00e1n ph\u00f9 h\u1ee3p v\u1edbi m\u00f4i tr\u01b0\u1eddng. Tuy nhi\u00ean, nhi\u1ec1u SME ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi nh\u1eefng th\u00e1ch th\u1ee9c \u0111\u00e1ng k\u1ec3 trong vi\u1ec7c ti\u1ebfp c\u1eadn c\u00e1c kho\u1ea3n vay xanh. Nh\u1eefng kh\u00f3 kh\u0103n n\u00e0y xu\u1ea5t ph\u00e1t t\u1eeb th\u1ee7 t\u1ee5c cho vay ph\u1ee9c t\u1ea1p, chi ph\u00ed tu\u00e2n th\u1ee7 v\u00e0 x\u00e1c minh cao, c\u0169ng nh\u01b0 y\u00eau c\u1ea7u nghi\u00eam ng\u1eb7t v\u1ec1 vi\u1ec7c ch\u1ee9ng minh r\u1eb1ng c\u00e1c d\u1ef1 \u00e1n c\u1ee7a h\u1ecd \u0111\u00e1p \u1ee9ng c\u00e1c ti\u00eau chu\u1ea9n xanh. Ngo\u00e0i ra, c\u00e1c SME th\u01b0\u1eddng thi\u1ebfu n\u0103ng l\u1ef1c v\u00e0 ngu\u1ed3n l\u1ef1c \u0111\u1ee7 \u0111\u1ec3 \u0111i\u1ec1u h\u01b0\u1edbng c\u00e1c th\u1ee7 t\u1ee5c n\u00e0y m\u1ed9t c\u00e1ch su\u00f4n s\u1ebb. K\u1ebft qu\u1ea3 l\u00e0, nhi\u1ec1u doanh nghi\u1ec7p nh\u1ecf h\u01a1n g\u1eb7p kh\u00f3 kh\u0103n trong vi\u1ec7c h\u01b0\u1edfng l\u1ee3i \u0111\u1ea7y \u0111\u1ee7 t\u1eeb c\u00e1c k\u00eanh t\u00edn d\u1ee5ng \u0111\u01b0\u1ee3c t\u00e0i tr\u1ee3 b\u1eb1ng tr\u00e1i phi\u1ebfu xanh, h\u1ea1n ch\u1ebf s\u1ef1 tham gia c\u1ee7a h\u1ecd v\u00e0o h\u1ec7 sinh th\u00e1i t\u00e0i ch\u00ednh xanh \u0111ang ph\u00e1t tri\u1ec3n c\u1ee7a Vi\u1ec7t Nam. \u0110i\u1ec1u n\u00e0y nh\u1ea5n m\u1ea1nh s\u1ef1 c\u1ea7n thi\u1ebft ph\u1ea3i c\u00f3 c\u00e1c c\u01a1 ch\u1ebf h\u1ed7 tr\u1ee3 c\u00f3 m\u1ee5c ti\u00eau \u0111\u1ec3 t\u0103ng c\u01b0\u1eddng kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn t\u00edn d\u1ee5ng xanh c\u1ee7a SME v\u00e0 cho ph\u00e9p ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng, to\u00e0n di\u1ec7n h\u01a1n.<\/p>\n

Kh\u00f3 kh\u0103n c\u1ee7a doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf Vi\u1ec7t Nam khi ti\u1ebfp c\u1eadn v\u1ed1n tr\u00e1i phi\u1ebfu xanh<\/strong><\/h3>\n

Doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf chi\u1ebfm \u0111a s\u1ed1 trong t\u1ed5ng s\u1ed1 doanh nghi\u1ec7p Vi\u1ec7t Nam. H\u1ecd l\u00e0 l\u1ef1c l\u01b0\u1ee3ng ch\u1ee7 ch\u1ed1t trong vi\u1ec7c \u00e1p d\u1ee5ng c\u00e1c th\u1ef1c h\u00e0nh b\u1ec1n v\u1eefng tr\u00ean to\u00e0n qu\u1ed1c, g\u00f3p ph\u1ea7n v\u00e0o c\u00e1c m\u1ee5c ti\u00eau ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng d\u00e0i h\u1ea1n. Tuy nhi\u00ean, h\u1ecd \u0111ang g\u1eb7p ph\u1ea3i nhi\u1ec1u r\u00e0o c\u1ea3n khi ti\u1ebfp c\u1eadn c\u00e1c kho\u1ea3n vay xanh.<\/p>\n

Th\u00e1ch th\u1ee9c v\u1ec1 quy \u0111\u1ecbnh<\/strong><\/em><\/h4>\n

R\u00e0o c\u1ea3n \u0111\u00e1ng k\u1ec3 \u0111\u1ea7u ti\u00ean \u0111\u1ed1i v\u1edbi c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf (SME) trong vi\u1ec7c ti\u1ebfp c\u1eadn c\u00e1c kho\u1ea3n vay xanh n\u1eb1m \u1edf khu\u00f4n kh\u1ed5 ph\u00e1p l\u00fd \u0111ang ph\u00e1t tri\u1ec3n, \u0111\u1eb7c bi\u1ec7t l\u00e0 ph\u00e2n lo\u1ea1i xanh. Cho \u0111\u1ebfn g\u1ea7n \u0111\u00e2y, v\u1eabn ch\u01b0a c\u00f3 m\u1ed9t ph\u00e2n lo\u1ea1i xanh chi ti\u1ebft, \u0111\u01b0\u1ee3c ch\u1ea5p nh\u1eadn tr\u00ean to\u00e0n qu\u1ed1c cho t\u1eebng ng\u00e0nh, g\u00e2y ra s\u1ef1 b\u1ea5t \u1ed5n trong c\u00e1c ng\u00e2n h\u00e0ng. S\u1ef1 thi\u1ebfu r\u00f5 r\u00e0ng n\u00e0y khi\u1ebfn c\u00e1c ng\u00e2n h\u00e0ng ng\u1ea7n ng\u1ea1i cho vay SME do lo ng\u1ea1i v\u1ec1 "t\u1ea9y xanh" (r\u1ee7i ro c\u00e1c kho\u1ea3n vay c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c c\u1ea5p cho c\u00e1c d\u1ef1 \u00e1n \u0111\u01b0\u1ee3c d\u00e1n nh\u00e3n sai l\u00e0 xanh).[6]<\/a>).<\/p>\n

V\u00e0o th\u00e1ng 7 n\u0103m 2025, v\u1edbi Quy\u1ebft \u0111\u1ecbnh 21\/2025\/Q\u0110-TTg, Vi\u1ec7t Nam ch\u00ednh th\u1ee9c thi\u1ebft l\u1eadp h\u1ec7 th\u1ed1ng ph\u00e2n lo\u1ea1i xanh mang t\u00ednh r\u00e0ng bu\u1ed9c ph\u00e1p l\u00fd \u0111\u1ea7u ti\u00ean. H\u1ec7 th\u1ed1ng ph\u00e2n lo\u1ea1i n\u00e0y x\u00e1c \u0111\u1ecbnh c\u00e1c ti\u00eau ch\u00ed m\u00f4i tr\u01b0\u1eddng v\u00e0 ph\u00e2n lo\u1ea1i 45 lo\u1ea1i d\u1ef1 \u00e1n thu\u1ed9c 7 l\u0129nh v\u1ef1c \u0111\u1ee7 \u0111i\u1ec1u ki\u1ec7n nh\u1eadn t\u00e0i ch\u00ednh xanh.[7]<\/a>Quy\u1ebft \u0111\u1ecbnh n\u00e0y \u0111\u1eb7t ra c\u00e1c ti\u00eau ch\u00ed m\u00f4i tr\u01b0\u1eddng v\u00e0 quy tr\u00ecnh x\u00e1c minh r\u00f5 r\u00e0ng, t\u1ea1o n\u1ec1n t\u1ea3ng v\u1eefng ch\u1eafc h\u01a1n cho c\u00e1c ng\u00e2n h\u00e0ng t\u1ef1 tin m\u1edf r\u1ed9ng t\u00edn d\u1ee5ng xanh. Do m\u1edbi \u0111\u01b0\u1ee3c c\u00f4ng b\u1ed1, h\u1ec7 th\u1ed1ng ph\u00e2n lo\u1ea1i hi\u1ec7n t\u1ea1i bao g\u1ed3m \u00edt l\u0129nh v\u1ef1c h\u01a1n so v\u1edbi th\u1ef1c t\u1ebf, \u0111\u00f2i h\u1ecfi ph\u1ea3i li\u00ean t\u1ee5c c\u1eadp nh\u1eadt \u0111\u1ec3 ph\u00f9 h\u1ee3p h\u01a1n v\u1edbi c\u00e1c c\u00f4ng ngh\u1ec7 xanh \u0111ang ph\u00e1t tri\u1ec3n v\u00e0 \u0111i\u1ec1u ki\u1ec7n th\u1ecb tr\u01b0\u1eddng.[8]<\/a>.<\/p>\n

Th\u1ee7 t\u1ee5c ph\u1ee9c t\u1ea1p v\u00e0 t\u1ed1n k\u00e9m<\/strong><\/em><\/h4>\n

Th\u1ee9 hai, b\u1ea3n th\u00e2n quy tr\u00ecnh cho vay c\u0169ng \u0111\u1eb7t ra nhi\u1ec1u th\u00e1ch th\u1ee9c. C\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf th\u01b0\u1eddng g\u1eb7p kh\u00f3 kh\u0103n do thi\u1ebfu t\u00e0i s\u1ea3n th\u1ebf ch\u1ea5p h\u1eefu h\u00ecnh v\u00ec h\u1ecd th\u01b0\u1eddng kh\u00f4ng c\u00f3 \u0111\u1ee7 t\u00e0i s\u1ea3n truy\u1ec1n th\u1ed1ng nh\u01b0 \u0111\u1ea5t \u0111ai \u0111\u1ec3 b\u1ea3o l\u00e3nh vay v\u1ed1n.[9]<\/a>H\u01a1n n\u1eefa, vi\u1ec7c \u0111\u1ecbnh gi\u00e1 \u201ct\u00e0i s\u1ea3n xanh\u201d nh\u01b0 t\u1ea5m pin m\u1eb7t tr\u1eddi tr\u00ean m\u00e1i nh\u00e0 ph\u1ee9c t\u1ea1p h\u01a1n v\u00e0 \u00edt chu\u1ea9n h\u00f3a h\u01a1n so v\u1edbi t\u00e0i s\u1ea3n th\u00f4ng th\u01b0\u1eddng. S\u1ef1 ph\u1ee9c t\u1ea1p n\u00e0y l\u00e0m ph\u1ee9c t\u1ea1p vi\u1ec7c \u0111\u00e1nh gi\u00e1 r\u1ee7i ro v\u00e0 quy\u1ebft \u0111\u1ecbnh cho vay c\u1ee7a c\u00e1c ng\u00e2n h\u00e0ng. Ngo\u00e0i ra, c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf (SME) ph\u1ea3i ch\u1ecbu chi ph\u00ed cao li\u00ean quan \u0111\u1ebfn vi\u1ec7c tu\u00e2n th\u1ee7, gi\u00e1m s\u00e1t v\u00e0 x\u00e1c minh c\u1ee7a b\u00ean th\u1ee9 ba \u0111\u1ec3 \u0111\u00e1p \u1ee9ng c\u00e1c y\u00eau c\u1ea7u vay xanh.[10]<\/a>Nh\u1eefng g\u00e1nh n\u1eb7ng t\u00e0i ch\u00ednh v\u00e0 h\u00e0nh ch\u00ednh b\u1ed5 sung n\u00e0y c\u00f3 th\u1ec3 l\u00e0m gi\u1ea3m l\u1ee3i \u00edch kinh t\u1ebf m\u00e0 c\u00e1c \u01b0u \u0111\u00e3i c\u1ee7a ch\u00ednh ph\u1ee7 h\u01b0\u1edbng t\u1edbi, khi\u1ebfn c\u00e1c kho\u1ea3n vay xanh kh\u00f3 ti\u1ebfp c\u1eadn v\u00e0 k\u00e9m h\u1ea5p d\u1eabn h\u01a1n \u0111\u1ed1i v\u1edbi c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf.<\/p>\n

C\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf thi\u1ebfu chuy\u00ean m\u00f4n v\u00e0 h\u1ed7 tr\u1ee3 li\u00ean quan<\/strong><\/em><\/h4>\n

C\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf (SME) th\u01b0\u1eddng thi\u1ebfu chuy\u00ean m\u00f4n v\u00e0 h\u1ed7 tr\u1ee3 trong vi\u1ec7c \u0111\u1ecbnh h\u01b0\u1edbng s\u1ef1 ph\u1ee9c t\u1ea1p c\u1ee7a t\u00e0i ch\u00ednh xanh. Nh\u1eefng h\u1ea1n ch\u1ebf ph\u1ed5 bi\u1ebfn \u1edf c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf, ch\u1eb3ng h\u1ea1n nh\u01b0 hi\u1ec3u bi\u1ebft ch\u01b0a \u0111\u1ea7y \u0111\u1ee7 v\u1ec1 c\u00e1c ti\u00eau ch\u00ed ESG, c\u00e1ch ti\u1ebfp c\u1eadn h\u1ea1n ch\u1ebf \u0111\u1ed1i v\u1edbi c\u00e1c ti\u00eau chu\u1ea9n b\u1ec1n v\u1eefng, v\u00e0 thi\u1ebfu nh\u00e2n s\u1ef1 l\u00e0nh ngh\u1ec1, \u0111\u00e3 c\u1ea3n tr\u1edf kh\u1ea3 n\u0103ng \u0111\u00e0m ph\u00e1n th\u00e0nh c\u00f4ng c\u00e1c kho\u1ea3n vay xanh c\u1ee7a h\u1ecd. Nh\u1eadn th\u1ee9c v\u1ec1 t\u00edn d\u1ee5ng xanh c\u00f2n h\u1ea1n ch\u1ebf trong c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf. Vi\u1ec7c thi\u1ebfu ti\u1ebfp c\u1eadn v\u1edbi c\u00e1c d\u1ecbch v\u1ee5 t\u01b0 v\u1ea5n v\u00e0 \u0111\u00e0o t\u1ea1o c\u00e0ng l\u00e0m tr\u1ea7m tr\u1ecdng th\u00eam nh\u1eefng kh\u00f3 kh\u0103n n\u00e0y, khi\u1ebfn c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf g\u1eb7p b\u1ea5t l\u1ee3i so v\u1edbi c\u00e1c doanh nghi\u1ec7p l\u1edbn h\u01a1n c\u00f3 \u0111\u1ed9i ng\u0169 chuy\u00ean tr\u00e1ch.[11]<\/a>Trong t\u00ecnh h\u00ecnh n\u00e0y, s\u1ef1 tham gia c\u1ee7a c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh qu\u1ed1c t\u1ebf v\u00e0 c\u00e1c ng\u00e2n h\u00e0ng ph\u00e1t tri\u1ec3n s\u1ebd \u0111\u00f3ng vai tr\u00f2 quan tr\u1ecdng, cung c\u1ea5p chuy\u00ean m\u00f4n v\u00e0 cam k\u1ebft cho ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng.<\/p>\n

\u00dd ngh\u0129a kinh doanh \u0111\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i<\/strong><\/h3>\n

Trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu xanh Vi\u1ec7t Nam \u0111ang \u1edf giai \u0111o\u1ea1n \u0111\u1ea7u ph\u00e1t tri\u1ec3n v\u00e0 khu\u00f4n kh\u1ed5 ph\u00e1p l\u00fd \u0111ang ho\u00e0n thi\u1ec7n, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i \u0111ang \u0111\u1ee9ng tr\u01b0\u1edbc c\u1ea3 nh\u1eefng c\u01a1 h\u1ed9i \u0111\u1ea7y h\u1ee9a h\u1eb9n l\u1eabn nh\u1eefng th\u00e1ch th\u1ee9c \u0111\u00e1ng k\u1ec3. Th\u1ecb tr\u01b0\u1eddng cho th\u1ea5y ti\u1ec1m n\u0103ng t\u0103ng tr\u01b0\u1edfng m\u1ea1nh m\u1ebd, \u0111\u1eb7c bi\u1ec7t khi t\u00e0i ch\u00ednh xanh tr\u1edf th\u00e0nh \u01b0u ti\u00ean chi\u1ebfn l\u01b0\u1ee3c qu\u1ed1c gia \u0111\u01b0\u1ee3c Ch\u00ednh ph\u1ee7 \u0111\u1eb7t ra.[12]<\/a>S\u1ef1 ph\u00e1t tri\u1ec3n n\u00e0y gi\u00fap t\u0103ng c\u01b0\u1eddng t\u00ednh minh b\u1ea1ch v\u00e0 ni\u1ec1m tin c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0, t\u1ea1o n\u00ean m\u1ed9t m\u1ea3nh \u0111\u1ea5t m\u00e0u m\u1ee1 cho c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 b\u1ec1n v\u1eefng. Tuy nhi\u00ean, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i c\u1ea7n chu\u1ea9n b\u1ecb cho nh\u1eefng b\u1ea5t c\u1eadp c\u1ee7a th\u1ecb tr\u01b0\u1eddng v\u00e0 s\u1ef1 thi\u1ebfu nh\u1ea5t qu\u00e1n v\u1ec1 quy \u0111\u1ecbnh, \u0111\u1eb7c bi\u1ec7t l\u00e0 \u0111\u1ed1i v\u1edbi c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf hi\u1ec7n c\u00f3 n\u0103ng l\u1ef1c h\u1ea1n ch\u1ebf trong vi\u1ec7c \u0111\u00e1p \u1ee9ng c\u00e1c ti\u00eau chu\u1ea9n cho vay xanh, \u0111\u1ed3ng th\u1eddi ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi chi ph\u00ed cao v\u00e0 th\u1ee7 t\u1ee5c ph\u1ee9c t\u1ea1p.<\/p>\n

\u0110\u1ed1i v\u1edbi c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i, vi\u1ec7c tham gia v\u00e0o th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu xanh Vi\u1ec7t Nam \u1edf giai \u0111o\u1ea1n n\u00e0y \u0111\u00f2i h\u1ecfi m\u1ed9t t\u1ea7m nh\u00ecn d\u00e0i h\u1ea1n, v\u01b0\u1ee3t ra ngo\u00e0i l\u1ee3i nhu\u1eadn t\u00e0i ch\u00ednh t\u1ee9c th\u1eddi. Thay v\u00ec ch\u1ec9 mua tr\u00e1i phi\u1ebfu t\u1eeb c\u00e1c t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh v\u00e0 ng\u00e2n h\u00e0ng Vi\u1ec7t Nam, c\u00e1c t\u1ed5 ch\u1ee9c nh\u01b0 t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh ph\u00e1t tri\u1ec3n (DFI) n\u00ean \u01b0u ti\u00ean c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 tr\u1ecdn g\u00f3i bao g\u1ed3m c\u00e1c ch\u01b0\u01a1ng tr\u00ecnh H\u1ed7 tr\u1ee3 K\u1ef9 thu\u1eadt (TA). C\u00e1c s\u00e1ng ki\u1ebfn TA n\u00e0y c\u00f3 th\u1ec3 t\u00e0i tr\u1ee3 cho c\u00e1c g\u00f3i \u0111\u00e0o t\u1ea1o d\u00e0nh cho doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf, cho ph\u00e9p c\u00e1c ng\u00e2n h\u00e0ng gi\u1ea3i ng\u00e2n v\u1ed1n xanh hi\u1ec7u qu\u1ea3 cho c\u00e1c doanh nghi\u1ec7p nh\u1ecf v\u00e0 tr\u00e1nh g\u1eb7p kh\u00f3 kh\u0103n trong vi\u1ec7c cho vay do thi\u1ebfu h\u1ee5t n\u0103ng l\u1ef1c c\u1ee7a doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf.<\/p>\n

C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u01b0\u1edbc ngo\u00e0i, \u0111\u1eb7c bi\u1ec7t l\u00e0 c\u00e1c DFI, c\u00f3 th\u1ec3 tr\u1ef1c ti\u1ebfp h\u1ed7 tr\u1ee3 c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf (SME) Vi\u1ec7t Nam b\u1eb1ng c\u00e1ch t\u00e0i tr\u1ee3 c\u00e1c ch\u01b0\u01a1ng tr\u00ecnh x\u00e2y d\u1ef1ng n\u0103ng l\u1ef1c b\u00ean c\u1ea1nh c\u00e1c cam k\u1ebft v\u1ed1n c\u1ee7a h\u1ecd nh\u1eb1m t\u0103ng c\u01b0\u1eddng kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn t\u00e0i ch\u00ednh. V\u00ed d\u1ee5, kho\u1ea3n cam k\u1ebft $50 tri\u1ec7u \u0111\u00f4 la c\u1ee7a British International Investment cho VPBank h\u1ed7 tr\u1ee3 qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i n\u0103ng l\u01b0\u1ee3ng xanh c\u1ee7a Vi\u1ec7t Nam th\u00f4ng qua c\u00e1c d\u1ecbch v\u1ee5 t\u01b0 v\u1ea5n nh\u1eb1m t\u0103ng c\u01b0\u1eddng kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn v\u1ed1n vay cho SME.[13]<\/a>T\u01b0\u01a1ng t\u1ef1, Ng\u00e2n h\u00e0ng Ph\u00e1t tri\u1ec3n Ch\u00e2u \u00c1 v\u00e0 Ng\u00e2n h\u00e0ng Nh\u00e0 n\u01b0\u1edbc Vi\u1ec7t Nam \u0111\u00e3 d\u1eabn \u0111\u1ea7u m\u1ed9t d\u1ef1 \u00e1n h\u1ed7 tr\u1ee3 k\u1ef9 thu\u1eadt nh\u1eb1m th\u00fac \u0111\u1ea9y h\u00f2a nh\u1eadp t\u00e0i ch\u00ednh b\u1eb1ng c\u00e1ch \u0111\u00e0o t\u1ea1o c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf v\u1ec1 tu\u00e2n th\u1ee7 ESG v\u00e0 chu\u1ea9n b\u1ecb d\u1ef1 \u00e1n xanh, \u0111\u1ea3m b\u1ea3o c\u00e1c ng\u00e2n h\u00e0ng c\u00f3 th\u1ec3 ph\u00e2n b\u1ed5 hi\u1ec7u qu\u1ea3 ngu\u1ed3n thu t\u1eeb tr\u00e1i phi\u1ebfu xanh.[14]<\/a>. C\u00e1ch ti\u1ebfp c\u1eadn n\u00e0y c\u00f3 th\u1ec3 gi\u1ea3i quy\u1ebft nh\u1eefng thi\u1ebfu h\u1ee5t ki\u1ebfn th\u1ee9c c\u1ee7a doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf, gi\u1ea3m thi\u1ec3u r\u1ee7i ro t\u1ea9y xanh v\u00e0 m\u1edf ra c\u01a1 h\u1ed9i tham gia th\u1ecb tr\u01b0\u1eddng r\u1ed9ng r\u00e3i h\u01a1n, th\u00fac \u0111\u1ea9y ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng to\u00e0n di\u1ec7n.<\/p>\n

\u00a0<\/em><\/p>\n

* L\u01b0u \u00fd: N\u1ebfu b\u1ea1n mu\u1ed1n tr\u00edch d\u1eabn th\u00f4ng tin trong b\u00e0i vi\u1ebft n\u00e0y, vui l\u00f2ng ghi r\u00f5 ngu\u1ed3n v\u00e0 k\u00e8m theo link b\u00e0i vi\u1ebft \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o t\u00f4n tr\u1ecdng b\u1ea3n quy\u1ec1n.<\/em><\/p>\n\n\n\n
B&Company, Inc.<\/em><\/strong><\/p>\n

C\u00f4ng ty nghi\u00ean c\u1ee9u th\u1ecb tr\u01b0\u1eddng c\u1ee7a Nh\u1eadt B\u1ea3n \u0111\u1ea7u ti\u00ean t\u1ea1i Vi\u1ec7t Nam t\u1eeb n\u0103m 2008. Ch\u00fang t\u00f4i cung c\u1ea5p \u0111a d\u1ea1ng nh\u1eefng d\u1ecbch v\u1ee5 bao g\u1ed3m b\u00e1o c\u00e1o ng\u00e0nh, ph\u1ecfng v\u1ea5n ng\u00e0nh, kh\u1ea3o s\u00e1t ng\u01b0\u1eddi ti\u00eau d\u00f9ng, k\u1ebft n\u1ed1i kinh doanh. Ngo\u00e0i ra, ch\u00fang t\u00f4i \u0111\u00e3 ph\u00e1t tri\u1ec3n c\u01a1 s\u1edf d\u1eef li\u1ec7u c\u1ee7a h\u01a1n 900,000 c\u00f4ng ty t\u1ea1i Vi\u1ec7t Nam, c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 t\u00ecm ki\u1ebfm \u0111\u1ed1i t\u00e1c kinh doanh v\u00e0 ph\u00e2n t\u00edch th\u1ecb tr\u01b0\u1eddng.<\/p>\n

Xin vui l\u00f2ng li\u00ean h\u1ec7 v\u1edbi ch\u00fang t\u00f4i n\u1ebfu b\u1ea1n c\u00f3 b\u1ea5t k\u1ef3 th\u1eafc m\u1eafc hay nhu c\u1ea7u n\u00e0o.<\/p>\n

info@b-company.jp<\/em><\/a>\u00a0+ (84) 28 3910 3913<\/strong><\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[1]<\/a> Climate Bonds Initiative, How to Issue Green Bonds, Social Bonds and Sustainability Bonds (https:\/\/asianbondsonline.adb.org\/green-bonds\/pdf\/How%20to%20Issue%20Guide%20Vietnamese%20FINAL%20PRINT.pdf)<\/p>\n

[2]<\/a> T\u1ea1p ch\u00ed M\u00f4i tr\u01b0\u1eddng, Ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu xanh t\u1ea1i Vi\u1ec7t Nam \u2013 Th\u1ef1c tr\u1ea1ng v\u00e0 khuy\u1ebfn ngh\u1ecb (https:\/\/tapchimoitruong.vn\/chuyen-muc-3\/phat-hanh-trai-phieu-xanh-tai-viet-nam-thuc-trang-va-khuyen-nghi-31767)<\/p>\n

[3]<\/a> VPBank, VPBank ti\u00ean phong ph\u00e1t h\u00e0nh th\u00e0nh c\u00f4ng 300 tri\u1ec7u USD tr\u00e1i phi\u1ebfu qu\u1ed1c t\u1ebf b\u1ec1n v\u1eefng (https:\/\/www.vpbank.com.vn\/tin-tuc\/thong-cao-bao-chi\/2025\/vpbank-tien-phong-phat-hanh-thanh-cong-300-trieu-usd-trai-phieu-ben-vung-quoc-te)<\/p>\n

[4]<\/a> B\u1ed9 T\u00e0i ch\u00ednh, Th\u1ef1c tr\u1ea1ng th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh xanh t\u1ea1i Vi\u1ec7t Nam (https:\/\/mof.gov.vn\/vien-chien-luoc\/nghien-cuu-va-trao-doi-1\/mofucm332024)<\/p>\n

[5]<\/a> British International Investment cam k\u1ebft \u0111\u1ea7u t\u01b0 $50m cho VPBank, h\u1ed7 tr\u1ee3 qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i n\u0103ng l\u01b0\u1ee3ng xanh c\u1ee7a Vi\u1ec7t Nam (https:\/\/www.bii.co.uk\/en\/news-insight\/news\/british-international-investment-commits-50m-to-vpbank-supporting-vietnams-green-energy-transition\/)<\/p>\n

[6]<\/a> H\u1ed9i th\u1ea3o qu\u1ed1c t\u1ebf n\u0103m 2025 v\u1ec1 Kh\u00ed h\u1eadu, T\u00e0i ch\u00ednh v\u00e0 Ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng, C\u00f4ng c\u1ee5 n\u1ee3 kh\u00ed h\u1eadu t\u1ea1i Vi\u1ec7t Nam: \u0110\u00e1nh gi\u00e1 b\u1ed1i c\u1ea3nh t\u00e0i ch\u00ednh xanh v\u00e0 \u0111\u1ed5i m\u1edbi h\u01b0\u1edbng t\u1edbi kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i kh\u00ed h\u1eadu (https:\/\/iscfs2025.sciencesconf.org\/641923\/document)<\/p>\n

[7]<\/a> Quy\u1ebft \u0111\u1ecbnh s\u1ed1 21\/2025\/Q\u0110-TTg (https:\/\/thuvienphapluat.vn\/van-ban\/Tien-te-Ngan-hang\/Quyet-dinh-21-2025-QD-TTg-xac-nhan-du-an-dau-tu-thuoc-danh-muc-phan-loai-xanh-650735.aspx)<\/p>\n

[8]<\/a> B\u00e1o Saigon Times, Ph\u00e2n lo\u1ea1i Xanh \u0111\u01b0\u1ee3c ban h\u00e0nh, ti\u1ebfp theo l\u00e0 g\u00ec? (https:\/\/thesaigontimes.vn\/phan-loai-xanh-da-co-tiep-theo-la-gi\/)<\/p>\n

[9]<\/a> Vietnam News: Qu\u1ef9 ph\u00e1t tri\u1ec3n doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf c\u1ea7n \u0111\u01b0\u1ee3c c\u1ea3i c\u00e1ch (https:\/\/vietnamnews.vn\/economy\/1730058\/sme-development-fund-in-need-of-reforms.html)<\/p>\n

[10]<\/a> VTG Securities, R\u00e0o c\u1ea3n cho doanh nghi\u1ec7p tr\u00ean h\u00e0nh tr\u00ecnh h\u01b0\u1edbng t\u1edbi t\u00edn d\u1ee5ng xanh (https:\/\/vtgs.vn\/nhung-rao-can-cua-doanh-nghiep-tren-hanh-trinh-toi-voi-tin-dung-xanh\/)<\/p>\n

[11]<\/a> H\u1ed9i th\u1ea3o qu\u1ed1c t\u1ebf n\u0103m 2025 v\u1ec1 Kh\u00ed h\u1eadu, T\u00e0i ch\u00ednh v\u00e0 Ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng, C\u00f4ng c\u1ee5 n\u1ee3 kh\u00ed h\u1eadu t\u1ea1i Vi\u1ec7t Nam: \u0110\u00e1nh gi\u00e1 b\u1ed1i c\u1ea3nh t\u00e0i ch\u00ednh xanh v\u00e0 \u0111\u1ed5i m\u1edbi h\u01b0\u1edbng t\u1edbi kh\u1ea3 n\u0103ng ph\u1ee5c h\u1ed3i kh\u00ed h\u1eadu (https:\/\/iscfs2025.sciencesconf.org\/641923\/document)<\/p>\n

[12]<\/a> Tin t\u1ee9c Kinh t\u1ebf Vi\u1ec7t Nam, Th\u00fac \u0111\u1ea9y t\u00e0i ch\u00ednh xanh: Vi\u1ec7t Nam tr\u00ean h\u00e0nh tr\u00ecnh ph\u00e1t tri\u1ec3n b\u1ec1n v\u1eefng (https:\/\/congthuong.vn\/thuc-day-tai-chinh-xanh-viet-nam-tren-hanh-trinh-phat-trien-ben-vung-361230.html)<\/p>\n

[13]<\/a> British International Investment cam k\u1ebft \u0111\u1ea7u t\u01b0 $50m cho VPBank, h\u1ed7 tr\u1ee3 qu\u00e1 tr\u00ecnh chuy\u1ec3n \u0111\u1ed5i n\u0103ng l\u01b0\u1ee3ng xanh c\u1ee7a Vi\u1ec7t Nam (https:\/\/www.bii.co.uk\/en\/news-insight\/news\/british-international-investment-commits-50m-to-vpbank-supporting-vietnams-green-energy-transition\/)<\/p>\n

[14]<\/a> VnEconomy, ADB v\u00e0 Th\u1ee5y S\u0129 c\u1ea3i thi\u1ec7n kh\u1ea3 n\u0103ng ti\u1ebfp c\u1eadn t\u00e0i ch\u00ednh c\u1ee7a doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf (https:\/\/en.vneconomy.vn\/adb-switzerland-to-improve-sme-access-to-finance.htm)<\/p>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

Th\u1ecb tr\u01b0\u1eddng tr\u00e1i phi\u1ebfu xanh c\u1ee7a Vi\u1ec7t Nam \u0111\u00e3 ph\u00e1t tri\u1ec3n nhanh ch\u00f3ng, do c\u00e1c t\u1eadp \u0111o\u00e0n v\u00e0 ng\u00e2n h\u00e0ng l\u1edbn chi ph\u1ed1i, trong khi c\u00e1c doanh nghi\u1ec7p v\u1eeba v\u00e0 nh\u1ecf ti\u1ebfp c\u1eadn v\u1ed1n t\u1eeb c\u00e1c ng\u00e2n h\u00e0ng th\u01b0\u01a1ng m\u1ea1i.<\/p>","protected":false},"author":12,"featured_media":23073,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1357,85],"tags":[718,1156],"yoast_head":"\nBarriers for Vietnamese SMEs when accessing capital from green bonds - B-Company<\/title>\n<meta name=\"description\" content=\"Vietnam's green bond market has grown rapidly, dominated by large corporations and banks, with SMEs accessing capital from commercial banks.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/b-company.jp\/vi\/barriers-for-vietnamese-smes-when-accessing-capital-from-green-bonds\/\" \/>\n<meta property=\"og:locale\" content=\"vi_VN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Barriers for Vietnamese SMEs when accessing capital from green bonds - B-Company\" \/>\n<meta property=\"og:description\" content=\"Vietnam's green bond market has grown rapidly, dominated by large corporations and banks, with SMEs accessing capital from commercial banks.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/b-company.jp\/vi\/barriers-for-vietnamese-smes-when-accessing-capital-from-green-bonds\/\" \/>\n<meta property=\"og:site_name\" content=\"B-Company\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-27T09:20:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-28T02:21:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/b-company.jp\/wp-content\/uploads\/2025\/11\/Vietnam.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/b-company.jp\/vi\/#website\",\"url\":\"https:\/\/b-company.jp\/vi\/\",\"name\":\"B-Company\",\"description\":\"Vietnam Market Research & Investment Consulting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/b-company.jp\/vi\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"vi\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/b-company.jp\/barriers-for-vietnamese-smes-when-accessing-capital-from-green-bonds\/#primaryimage\",\"inLanguage\":\"vi\",\"url\":\"https:\/\/b-company.jp\/wp-content\/uploads\/2025\/11\/Vietnam.jpg\",\"width\":1920,\"height\":1280,\"caption\":\"Green bonds sector - Vietnam\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/b-company.jp\/barriers-for-vietnamese-smes-when-accessing-capital-from-green-bonds\/#webpage\",\"url\":\"https:\/\/b-company.jp\/barriers-for-vietnamese-smes-when-accessing-capital-from-green-bonds\/\",\"name\":\"Barriers for Vietnamese SMEs when accessing capital from green bonds - B-Company\",\"isPartOf\":{\"@id\":\"https:\/\/b-company.jp\/vi\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/b-company.jp\/barriers-for-vietnamese-smes-when-accessing-capital-from-green-bonds\/#primaryimage\"},\"datePublished\":\"2025-11-27T09:20:53+00:00\",\"dateModified\":\"2025-11-28T02:21:21+00:00\",\"author\":{\"@id\":\"https:\/\/b-company.jp\/vi\/#\/schema\/person\/5e219c48d2d517d136e89dbb96bd0491\"},\"description\":\"Vietnam's green bond market has grown rapidly, dominated by large corporations and banks, with SMEs accessing capital from commercial banks.\",\"inLanguage\":\"vi\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/b-company.jp\/barriers-for-vietnamese-smes-when-accessing-capital-from-green-bonds\/\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/b-company.jp\/vi\/#\/schema\/person\/5e219c48d2d517d136e89dbb96bd0491\",\"name\":\"B& Company\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/b-company.jp\/vi\/#personlogo\",\"inLanguage\":\"vi\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0d1ba67df903c626f39b0344b14b25e4?s=96&d=mm&r=g\",\"caption\":\"B& Company\"},\"sameAs\":[\"http:\/\/b-company.jp\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","_links":{"self":[{"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/posts\/23071"}],"collection":[{"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/comments?post=23071"}],"version-history":[{"count":2,"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/posts\/23071\/revisions"}],"predecessor-version":[{"id":23074,"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/posts\/23071\/revisions\/23074"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/media\/23073"}],"wp:attachment":[{"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/media?parent=23071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/categories?post=23071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/b-company.jp\/vi\/wp-json\/wp\/v2\/tags?post=23071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}