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  • Sustainability
    • Transition to Net Zero

Net-Zero Transition: Opportunities for Vietnam

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We partnered with the Ministry of Natural Resources and Environment and BloombergNEF, to release a report titled ‘Net-Zero Transition: Opportunities for Vietnam’. This report examines the potential energy transition pathways and the opportunities arising for Vietnam.

Vietnam has committed to a target of achieving net zero by 2050. To remain on course, it needs to accelerate emission reductions in this decade. This report explores the investment opportunities associated with these efforts and provides recommendations for Vietnam’s net-zero transition based on the two scenarios considered by BloombergNEF’s New Energy Outlook.

Key findings

Unprecedented levels of net-zero investment opportunities in Vietnam from 2024-2050.

  • USD2.4 trillion total investment required for Vietnam to reach net zero emissions by 2050
  • Annual average investment required for energy supply corresponds to 5% share of gross domestic product (GDP) between 2024 and 2050 under BloombergNEF’s Net Zero Scenario
  • Vietnam’s energy-related emissions need to peak in 2026 under BloombergNEF’s Net Zero Scenario

'Net-Zero Transition: Opportunities for Vietnam’ report

Source: Bloomberg Finance L.P. This publication is the copyright of Bloomberg Finance L.P. in connection with BloombergNEF. No portion of this document may be photocopied, reproduced, scanned into an electronic system or transmitted, forwarded or distributed in any way without prior consent of BloombergNEF.

Today we finance a number of industries that significantly contribute to greenhouse gas emissions. We have a strategy to help our customers to reduce their emissions and to reduce our own. For more information visit www.hsbc.com/sustainability.

This report has been produced for information and discussion purposes only and does not constitute any offer, recommendation, or solicitation to enter into any transaction or adopt any hedging, trading or investment strategy, nor shall it be construed as investment advice or tailored to the needs of any recipient. Recipient should exercise independent judgement and seek professional advice when appropriate.

HSBC Bank (Vietnam) Ltd. ("HSBC") neither endorses nor is responsible for the accuracy or reliability of, and under no circumstances will HSBC be liable for any loss or damage caused by reliance on, any opinion, advice or statement made in this report.

The information contained in the report embedded on this site may include information from third parties who HSBC believes to be reliable but such information will not have been independently verified by HSBC. HSBC makes no representations that involvement in any particular location, sector or industry is suitable for your circumstances. HSBC encourages you to obtain legal, financial and any other relevant advice before entering into a transaction.

The opinions and statistics expressed from featured sources, and except where a speaker is specifically identified as a representative of HSBC, do not represent HSBC's views. The opinions are subject to change without notice and should not be construed as a recommendation of any individual holdings or market sectors.

HSBC makes no representation or warranty (express or implied) of any nature with respect to the completeness or accuracy of any information, projection, representation or warranty (expressed or implied) in, or omission from, this webpage. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this webpage.

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