Ms. Pham Thi Thanh Tung

Ms. Pham Thi Thanh Tung

Deputy Director General, Credit Policies for Economic Sectors Department

State Bank of Vietnam

BIOGRAPHY

EDUCATION

– Master of Public Policy and Finance management, Tempere University of Finland; 2017-2019

– Bachelor of Economics, Finance and Accounting Academy; 1997-2001

WORK EXPERIENCE

– From September 2001 to December 2005: staff of Finance Department, Nexans Vietnam Joint venture Company.

– From January 2006 to December 2013: Expert of Credit Division, Credit Department, the State Bank of Vietnam.

– From January 2014 to December 2017: Deputy Head of Division for Agriculture Sector, Credit Policies for economic sectors Department, State Bank of Vietnam.

– From January 2018 to September 2020: Head of Division for Agriculture Sector, Credit Policies for economic sectors Department, State Bank of Vietnam.

– From October 2020: Deputy Director General, Credit Policies for economic sectors Department, State Bank of Vietnam.

DESCRIPTION OF MAIN RESPONSIBILITIES

– Assisting to the Governor in promulgating and implementing monetary policies for macro-economic growth (in charge of promulgating and implementing State Bank’s policies on refinancing for CIs, interest policies and setting up annual credit growth plan for economic growth targets).

– Participating in formulating bank credit policies for economic sectors.

– Monitoring the implementation of environmental and social risk assessment related to bank credit activities at credit institutions.

– Advising the Governor to issue policies on green banking and renewable energy

– Participating in establishing a policy system on risk management in banking operations. Assisting the Governor in implementing measures to control banking credit operations for potentially risky economic sectors such as real estate, securities.

– Developing mechanisms and guide the VBSP to perform the policy credit programs of the Government for the poor and the beneficiary of social welfare.

– Formulating and implementing credit policies for national target programs on new rural construction, national target programs for sustainable poverty reduction.

TOPIC

Banking credit policies of SBV for green growth

ABSTRACT

Vietnam is one of the countries most heavily affected by climate change, thereby affecting the process of poverty reduction and sustainable development. Therefore, greenness and sustainability have become important and indispensable factors in the socio-economic development process. In recent years, the National Assembly and the Government have paid special attention to this issue by issuing a system of green growth policies, including: National Strategy on Green Growth 2011-2020 and Vision to 2050, National Action Plan on Green Growth 2014-2020, National Action Plan to implement the 2030 Agenda for sustainable development, and most recently, the National Assembly approved and passed the Law on Environmental Protection. The goals towards green growth are: moving towards a low-carbon economy, reducing the intensity of greenhouse gas emissions and promoting the use of clean energy, renewable energy, Greening production; and Implementing greening lifestyles and sustainable consumption.

As an important capital channel of the economy, bank credit has positively contributed to economic growth.

Therefore, the implementation of solutions from the banking sector will direct the bank’s credit flow to invest in green and eco-friendly projects, thereby contributing to the implementation of the national green growth strategy.

The speech will focus on the four following main areas:

  1. Policies of the State Bank of Vietnam to support green growth and sustainable development with the following main tasks:

(i) The SBV’s monetary policy administration

(ii) The promulgation of regulations on bank credit in line with the goals of protecting the environment, reducing carbon emissions, and moving towards green growth.

(iii) Strengthening the capacity of the banking system to implement green banking – credit through mobilizing resources, promoting training, and promoting propaganda for staff.

(iv) Develop modern banking services using high technology and environmentally friendly technology, contributing to green growth.

  1. Achievements: Focus on evaluating credit investment results for green projects and green buildings. SBN’s assessment of Vietnam’s banking system performance towards a green economy.
  2. Difficulties and obstacles in implementing green credit policies for economic sectors in general and for green buildings in particular.
  3. Solutions and recommendations.
  • 09 – 11/12/2020
  • Intercontinental Hanoi Landmark72

ORGANIZED BY

SCIENCE – TECHNOLOGY AND ENVIRONMENT DEPARTMENT

  •  No. 37, Le Dai Hanh Street, Hai Ba Trung District, Hanoi
  •  024.39760271
  •  khcn@moc.gov.vn

SUPPORTED BY

IEC GROUP

  • Floor 5, 66 Tran Dai Nghia Street, Hai Ba Trung District, Hanoi
  • + (84) 246 663 2450
  •  info@iecgroup.com.vn