The State Bank of Vietnam (SBV) met with a DZ Bank delegation in Hanoi to discuss expanding SBV reserve management into international green government bonds, with a particular focus on German sovereign green bonds, and to explore cooperation on information-sharing and training for SBV staff on green bonds. Deputy Governor Nguyen Ngoc Canh linked the discussions to Vietnam’s National Green Growth Strategy 2021–2030 with a vision to 2050 and the COP26 commitment to achieve net zero emissions before 2050. DZ Bank shared experience investing in international green sovereign bonds and advising on sustainable investments, including work related to Germany’s green federal bond framework, while SBV units outlined orientations for reserve portfolio management and the banking sector’s action plan to implement the national green growth strategy and green banking initiatives. SBV asked relevant departments to coordinate with DZ Bank to translate the identified cooperation areas, particularly specialist training and information exchange, into a feasible cooperation plan.
State Bank of Vietnam 2025-08-19
State Bank of Vietnam explores investment in German and other international green sovereign bonds with DZ Bank
The State Bank of Vietnam (SBV) engaged with DZ Bank in Hanoi to discuss expanding SBV's reserve management into international green government bonds, focusing on German sovereign green bonds. The meeting aligned with Vietnam’s National Green Growth Strategy and COP26 commitments, with DZ Bank sharing expertise on sustainable investments. SBV aims to develop a cooperation plan with DZ Bank for specialist training and information exchange.