Credible Green Finance Frameworks and Data Transparency will shape Vietnamese Corporates’ Access to Green Financing

At the Vietnam–Australia Green Transition Forum 2026, co-organized by the Australian Consulate General in Ho Chi Minh City and the Australian Alumni Business Network (AABN) today, Mr. Nguyen Quang Thuan – Executive Chairman of FiinGroup and FiinRatings – shared valuable insights on the evolving green capital market and the conditions for Vietnamese corporates to effectively access sustainable capital.

The increasing adoption of ESG standards, decarbonization requirements, and greater supply chain transparency is reshaping how corporates participate in global markets. As a result, access to green capital is no longer driven solely by strategic intent but increasingly depends on execution capability.

From a capital markets perspective, Mr. Thuan noted that the development of instruments such as green bonds, green loans, and green equity is broadening funding opportunities. However, the key determinant no longer lies in whether a corporate has a “green strategy”, but rather in the level of data transparency and its ability to establish a robust Measurement, Reporting, and Verification (MRV) framework underpinning green financing strategies.

From “green labels” to real execution in green finance

FiinRatings’ empirical findings suggest that corporates with credible ESG data systems, green finance frameworks aligned with international standards, and the use of independent external reviews, such as Second-Party Opinions (SPO) and ESG scoring, are better positioned to attract investors and mobilize capital.

In contrast, gaps in data standardization, inconsistent disclosures, or misalignment with international assessment criteria may materially constrain the execution of green financing transactions.

Looking ahead, Mr. Thuan noted that corporates need to move from opportunistic approaches toward more systematic capability building to access instruments such as green bonds. This includes developing internationally aligned frameworks, strengthening data systems and emissions of measurement capabilities, and enhancing governance and disclosure practices. The use of independent external assessments also plays an important role in reinforcing investor confidence and improving market access.

FiinRatings – A trusted partner in advancing green finance

With capabilities in financial data analytics, sustainability research, credit ratings, and independent assessments aligned with international standards, FiinRatings supports corporates, financial institutions, and investors in developing and executing transparent and effective green financing strategies.

FiinRatings provides services including Green Bond Second-Party Opinions (SPO) and ESG scoring, helping enhance the credibility of sustainable financial instruments and facilitating access to both domestic and international capital.

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FiinRatings' Sustainable Finance Specialist Team can help with below offerings:
▪️ Second Party Opinions on Green Bonds and Green Loans
▪️ Green Bond Verifications
▪️ ESG Assessment
▪️ Sustainable Finance Advisory

Contact FiinRatings today for futher support:
📩 Email: support.fiinratings@fiingroup.vn
📞 Tel: (+84-24) 3562 6962