On 7 March 2023, Mr. Nguyen Quang Thuan, Chairman of FiinGroup and CEO of FiinRatings, addressed participants from international organisations, financial institutions, and Vietnamese enterprises at the Executive Dialogue Event organized by Private Infrastructure Development Group (“PIDG”) and Guarantco.
The workshop focused on discussing the sustainable financing landscape for Vietnam's infrastructure, policy developments, and PIDG's experience in providing solutions to help Vietnamese access appropriate types of capital for high-risk projects. PIDG also shared their established blended finance tools and experience in mobilizing domestic investors and building local capacity.
As a panelist, Mr. Thuan provided valuable perspectives as a well-established domestic credit rating agency, specifically discussing the following topics:
It is crucial to take strong action against climate vulnerability as it is already reversing development gains globally, and without immediate measures, it will be impossible to achieve established SDGs. Emerging markets and developing countries, including Vietnam, will account for most of the new physical capital and infrastructure in the next three decades. Therefore, it is vital to take into consideration how these investments are undertaken to achieve success in (1) reaching net zero emissions by 2050, (2) achieving climate resilience, (3) restoring natural capital and accelerating the development of human capital, and (4) fulfilling the aspirations of the young population.
You can access speaking slides by FiinGroup’s representative HERE