Financing Energy Transition for a More Sustainable Future - The Case of Vietnam

Xuan Duc Mai, Thanh Thao Tran, Quang To Le, Tran Tuan Anh Le, Manh Hung Nguyen and Xuan Vinh Vo
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Xuan Duc Mai: University of Economics Ho Chi Minh City, Vietnam
Thanh Thao Tran: University of Economics Ho Chi Minh City, Vietnam
Quang To Le: University of Economics Ho Chi Minh City, Vietnam
Tran Tuan Anh Le: University of Economics Ho Chi Minh City, Vietnam
Manh Hung Nguyen: Ho Chi Minh Academy of Politics, Vietnam
Xuan Vinh Vo: University of Economics Ho Chi Minh City, Vietnam

Journal of Economic Development, 2026, vol. 51, issue 2, 89-111

Abstract: This paper examines Vietnam’s energy transition and the structural financial systems required to achieve its COP26 commitment to reach net-zero emissions by 2050. To unpack this transition within Vietnam’s context as a key emerging market, the study analyzes the nation’s current policy landscape alongside the requirements for capital mobilization. By evaluating the intersection of these regulatory frameworks and financial needs, the research identifies the specific mechanisms necessary to facilitate a successful green transition. Ultimately, the findings offer strategic policy implications to bridge the country’s financing gap and ensure Vietnam meets its ambitious climate and energy security objectives.

Keywords: Green Finance; Energy Transition; Financial Mechanisms; International Capital Mobilization; Green Central Banking; Green Taxonomy; Vietnam (search for similar items in EconPapers)
JEL-codes: F21 G21 G28 O53 Q56 (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jecdev:023039

DOI: 10.35866/caujed.2026.51.2.005

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