Page 339 - Ebook HTKH 2024

● Green product and service development (0.075)
● Awareness and capacity for green finance (0.116)

● Research on green finance models (0.271)
● Government’s legal framework (0.372)
The limitation of this study is that it did not utilize interview methods combined
with surveys to better understand the difficulties and shortcomings in developing green
finance for Vietnamese transport enterprises. The authors' future research direction will
expand the study subjects towards sustainable development.
Thus, it can be seen that developing green finance for Vietnamese transport
enterprises to meet green growth demands depends primarily on macro factors from the

government, followed by credit institutions and banks, and lastly, the enterprises
themselves. The research presents several recommendations:
For the Government:
1. The government plays a leading role in creating conditions for the flow of
green financial resources into green investments. It should:
o Develop strategies to create markets and develop green finance by

establishing an effective legal framework.
o Create a national green classification system to serve as a basis for banks
to lend and grant green credit.
o Ensure a competitive environment for businesses, eliminating monopolies
and creating policies that provide equal opportunities for companies of all
sizes to participate in the green finance market.
o Forecast and balance green financial resources and offer tax and fee

incentives for businesses transitioning to green transport technologies.
2. The government should actively study and apply modern green finance
models from around the world to fit Vietnam’s specific conditions.
For Banks:
1. The State Bank of Vietnam should increase credit growth rates for banks
that have a high proportion of green credit and encourage banks to create green credit

portfolios.
2. More green credit products should be introduced with favorable interest
rates for businesses of all sizes, particularly small and medium-sized enterprises
(SMEs). These products should be easy to understand and access.
3. Enhance the expertise of bank professionals to quickly assess the potential
and feasibility of green transport projects for green credit packages.
For Enterprises:
1. To access green capital, transport businesses need to establish green

management systems. Business managers must increase their awareness and capacity
for green finance and develop green products and services in line with their strategies.
2. Transport companies should monitor emissions data and track
environmental performance to comply with international standards, helping them
qualify for green credit packages.

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