Vietnam seeks ESG investments in push for sustainable development

Vietnam is courting Environment, Social, and Governance (ESG)-focused investments as part of its strategy to achieve inclusive growth. The goal is to integrate sustainable development into both the country's economic development plan and the corporate culture of businesses. The push is in line with global trends as investors increasingly recognize the importance of ESG factors in long-term value creation. Additionally, the Vietnamese government is setting targets for a reduction in greenhouse gas emissions and energy consumption, and is working towards sustainable urban development and climate change adaptation. These efforts coincide with Vietnam's broader agenda to transition to a green and digital economy. ESG-focused investment is seen as a crucial part of this transition, and attracting it will be a key strategy for the country going forward.