The Benefits of Green Bonds (Greenium) & the Role of Independent Assurance

On May 9, the seminar “Elevating the Credibility of Sustainability Reports: The Role of Independent Review and Independent Assurance” co-organized by FiinGroup & FiinRatings in collaboration with ACCA, was a great success.

On May 9, the seminar “Elevating the Credibility of Sustainability Reports: The Role of Independent Review and Independent Assurance” co-organized by FiinGroup & FiinRatings in collaboration with ACCA, was a great success. Over 50 participants attended, including business leaders, sustainability experts, senior executives from financial and investment institutions, and representatives of ESG-focused and impact-driven investment funds. 

Mr. Trinh Duc Vinh, Deputy Director General of the Department of Accounting and Auditing Supervision at the Ministry of Finance, offered the regulator’s perspective in a compelling keynote on sustainable development and finance, emphasizing that adopting International Financial Reporting Standards (IFRS) is crucial for enhancing transparency and aligning Vietnamese companies with their global peers. 

The Ministry of Finance is also advancing a roadmap for mandatory IFRS compliance, in which sustainability reporting and integrated financial reporting are closely intertwined. Consequently, companies—especially listed ones—must proactively prepare and explore solutions to meet IFRS standards. For example, Bond Pricing, FiinGroup’s market-based transparent bond valuation service, can help ensure compliance with IFRS 9 and IFRS 13. 

Mr. Nguyen Quang Thuan—Chairman of FiinGroup and FiinRatings—presented on “The Benefits of Green Bonds (Greenium) & the Role of Independent Assurance,” noting that accelerating green finance has recently been formalized in the Central Party’s Resolutions and is a key solution for mobilizing and expanding capital for businesses. 

In Vietnam, initial green finance transactions have emerged but remain small and sporadic, driven by voluntary market demand (“Investor Pull”). As a result, the market is eager for policy-driven support (“Policy Push”) to unlock green capital for both private enterprises and public-sector projects. “Investor Pull” and “Policy Push,” as previously highlighted by Mr. Thuan, are the two key levers needed to nudge credit rating agencies’ growth and, in turn, support the development of the capital market. 

Download the detailed slides here: THIS LINK

---------------------------------------------

FiinGroup and its subsidiary FiinRatings, as a leading independent data analytics and credit rating agency with expertise in green capital and green transitions—and extensive experience advising on green finance transactions for numerous Vietnamese private enterprises—are committed to partnering with market participants to enhance transparency and, in turn, drive green capital into Vietnam. 

📍To provide further clarity on new Vietnam's green standards and the upcoming Vietnam Green Taxonomy, FiinRatings will host an upcoming webinar:  

“𝗩𝗶𝗲𝘁𝗻𝗮𝗺 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗪𝗲𝗯𝗶𝗻𝗮𝗿 𝟮𝟬𝟮𝟱: 𝗠𝗲𝗲𝘁𝗶𝗻𝗴 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗮𝗻𝗱 𝗩𝗶𝗲𝘁𝗻𝗮𝗺’𝘀 𝗚𝗿𝗲𝗲𝗻 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱𝘀”   

• Thursday, May 29, 2025 | Zoom  
• 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 𝗻𝗼𝘄: HERE 
• 𝗙𝘂𝗹𝗹 𝗮𝗴𝗲𝗻𝗱𝗮 & 𝗱𝗲𝘁𝗮𝗶𝗹𝘀: HERE (speakers to be continuously updated) 

FiinRatings is the authorized certifier for green bonds under the Climate Bonds Initiative (CBI) standards, having certified issuances by BIDV, IDI, AquaOne, and others. FiinRatings is committed to partnering with businesses and the financial market to enhance transparency, prevent greenwashing, and unlock green capital for Vietnam’s economy. 

« Go Back