Setbacks to Vietnam's green bond market

The first setback involves membership of the International Capital Market Association, which is seen as a stamp of approval in the capital market. — Bloomberg

HANOI: A legal framework for green bonds has been developed in Vietnam for years, yet the bonds are slow to catch on in the country owing to several setbacks.

The first setback involves membership of the International Capital Market Association (ICMA), which is seen as a stamp of approval in the capital market.