Vietnam's National Action Plan for Green Growth under Decision 882/QD-TTg underscores a commitment to reducing dependence on fossil fuels, promoting clean energy alternatives, and implementing measures to improve energy efficiency across various sectors.

Green finance stands as a significant source of funding that can expedite Vietnam's transition to clean energy. Recognising its importance, Vietnam has undertaken various initiatives to promote and mobilise green capital for infrastructure and energy projects since 2012. Yet, there is a need to establish an enabling policy environment to enhance the effectiveness of green finance in Vietnam. This initiative aims to spotlight strengths, weaknesses, risks, and opportunities in Vietnam's green finance landscape. The specific objective for the task under this TOR is to stocktake study on the green finance landscape with the support of the Ministry of Finance of Viet Nam (MOF) through the International Cooperation Department as a focal point to arrange the working meetings with its relevant departments.