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

Author

Listed:
  • 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)

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.

Suggested Citation

  • Xuan Duc Mai & Thanh Thao Tran & Quang To Le & Tran Tuan Anh Le & Manh Hung Nguyen & Xuan Vinh Vo, 2026. "Financing Energy Transition for a More Sustainable Future - The Case of Vietnam," Journal of Economic Development, The Economic Research Institute, Chung-Ang University, vol. 51(2), pages 89-111, June.
    • Handle: RePEc:ris:jecdev:023039
    DOI: 10.35866/caujed.2026.51.2.005
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    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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