Page 329 - Ebook HTKH 2024

DEVELOPMENT OF GREEN FINANCE – A SOLUTION FOR

VIETNAMESE TRANSPORT ENTERPRISES TOWARDS GREEN
GROWTH GOALS

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161
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Nguyen Thi Lan Anh , Nguyen Thi Nam Chi , Dong Thi Toan 160 , La Quy Anh

Abstract: The research article focuses on the development of green finance as an intermediary
solution for green growth in Vietnamese transport enterprises. Based on the study of concepts, the
components of green finance development, and the relationship between green finance development and
enterprise green growth, as well as an overview of studies on green finance development, the article
surveys the current state of green finance development in Vietnamese transport enterprises. It also
builds a five-factor model to test and measure information using SPSS software. The survey was
conducted on 280 subjects, including managers, heads of departments, and finance departments of 50
Vietnamese transport enterprises. The research results show the increasing influence of factors such as:
international cooperation policies, development of green products and services, awareness and capacity
in green finance, research on green finance models, and the Government's legal framework. The
proposed solutions involve a unified collaboration between the Government, banks, and enterprises.
Keywords: Development, green finance, green growth, transport enterprises

1. Introduction

In Vietnam, the government issued Decision No. 1658/QĐ-TTg on October 1,
2021, outlining the national green growth strategy for the period 2021-2023, with a
vision extending to 2050. The goal is to reduce net emissions to zero by 2025, promoting
the development of a sustainable, green economy. All sectors and industries aim to
achieve this goal, including the transport sector, which encompasses road, air, water,
and rail transportation.
Green road transport involves developing vehicles that use electric or hybrid

energy sources, biofuels, and other sustainable fuels. To implement the green growth
strategy, infrastructure support, such as electric vehicle charging stations and logistics
hubs, will be crucial. In the water transport sector, green shipping focuses on
constructing eco-friendly ports, controlling emissions and noise, managing water
resources, and applying advanced technologies to identify ballast water samples and
waste classification while maximizing the use of green energy.

For the rail transport sector, transitioning to green energy is closely linked to
electrification or the use of clean, non-fossil fuels. Diesel locomotives, which emit CO2,
need to be replaced by electric engines or clean fuel alternatives. Additionally, the sector
aims to plant green corridors along railway tracks to reduce noise pollution and enhance
environmental sustainability.

158 Hanoi Open University, Email: lananh.kt@hou.edu.vn
159 Hanoi Open University
160 Hanoi Open University
161 Hanoi University of science and technology

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