On August 19, 2025, in Hanoi, Deputy Governor Nguyen Ngoc Canh of the State Bank of Vietnam (SBV) had a meeting with a mission from DZ Bank (Germany), to discuss about the investment orientations in the international green government bonds, especially the green bonds issued by the Federal Government of Germany. In addition, the two sides also talked about the possibilities of cooperation and experience sharing, as well as DZ Bank’s support for the SBV officials’ training on green bonds.
The meeting was also attended by leaders and representatives of several SBV entities, including: the Foreign Exchange Management Department, the Department of Credit for Economic Sectors, the Human Resource Department, and the International Cooperation Department.
On the DZ Bank’s side, there was Mr. Goffried Finken, Managing Director, Head of the Structured Finance Division at DZ Bank; Mr. Florian Strassberger, Managing Director, Global Head International Banks; Mr. Martin Wehling, General Manager of DZ Bank Singapore Branch; Mr. Mortiz Isselstein, Senior Relationship Manager responsible for Vietnam; Ms. Truong Thi Thuy Ha, Chief Representative of DZ Bank Office in Hanoi; and other representatives from the GIZ.
SBV Deputy Governor Nguyen Ngoc Canh speaks at the meeting
At the meeting, Deputy Governor Nguyen Ngoc Canh shared that the world is facing many major challenges, including the global warming. It has directly affected the ability to maintain growth and sustainable development. In that context, the common goal of countries is sustainable development associated with environmental protection.
In Vietnam, the Government has issued the National Strategy on Green Growth for the 2021–2030 period, Vision to 2050, and made a strong commitment at COP26 to achieve net-zero emissions by 2050. These are the key orientations, affirming Vietnam's determinations to reduce greenhouse gas emissions, promote circular economy, and mobilize green financial resources.
A representative from DZ Bank speaks at the meeting
The Deputy Governor suggested that both sides discuss about cooperation possibilities in the above areas. He also believed that DZ Bank would be an important partner to the SBV, opening up many practical cooperation opportunities, helping to promote the greening process of the Vietnamese banking sector, and actively contributing to the common global efforts for a sustainable future.
Mr. Gofffried Finken shared his experience in investing in the international green government bonds, especially the green bonds of the Federal Government of Germany and other European countries. In addition, the two side could also engage more in the information exchanges on cooperation, information sharing and intensive training for the SBV’s officials.
The two sides take a photo together
At the meeting, the representatives from the SBV entities also shared about the orientations and the implementation plans of the banking sector, including the orientations in the areas of reserve management; the expansion of investment in the international green government bonds; the action plan of the banking sector to implement the National Green Growth Strategy; the greening of the banking operations; etc.
Deputy Governor Nguyen Ngoc Canh thanked DZ Bank and the entities for having shared valuable information and experience on green finance, especially green government bonds. According to the Deputy Governor, the two sides have identified potential cooperation areas in information sharing and intensive training for the SBV’s officials, now the relevant entities under the SBV should coordinate with DZ Bank to develop a feasible cooperation plan, contributing to promoting the greening and sustainable development of the banking sector.
HY