Ben Tre speeds up sustainable development with ESG

The People's Committee of the Mekong Delta province of Ben Tre, in collaboration with Standard Chartered Bank, organised a seminar on enhancing competitiveness and promoting sustainable development with ESG (environment, society, and governance) on April 26, 2023.
Ben Tre moves to speed up sustainable development
Michele Wee, General Director of the Standard Chartered Bank, speaks at the seminar. (Photo: VNA)

Addressing the event, Secretary of the provincial Party Committee Le Duc Tho said the locality has issued an action plan on sustainable development in 2030, and it is building another of the provincial level on green growth in the 2021 – 2030 period.

The goals, tasks and solutions on green growth and sustainable development are included in the 5-year socio-economic development plans of the locality, he said.

Secretary Tho said the seminar offers a venue for policymakers, experts, businesses, organisations, individuals and stakeholders to share international experience, visions and knowledge related to green economic and financial development and post-pandemic economic recovery.

Businesses can collect more information on the importance of ESG, and access sustainable financial sources to expand the market and their operation, thus contributing to promoting the province's socio-economic development in a rapid and sustainable manner, towards turning Ben Tre into a group of well-developed localities in the Mekong Delta by 2025, and in the country by 2030.

Nguyen Truc Son, Standing Vice Chairman of the provincial People's Committee, said the locality will focus on opening up development space to the East based on its advantage of a long coastline.

In addition, the Mekong Delta region will also fully tap marine economic advantages; enhance climate change response; promote transport, urban, tourism and service development; as well as expand to new areas such as renewable energy, seaport - logistics, processing and manufacturing, and high value-added agriculture, thus creating breakthroughs in socio-economic development of the locality, he noted.

Son expressed his hope that Standard Chartered Bank will provide financial solutions for sustainable development in Ben Tre in the coming time.

Michele Wee - General Director of Standard Chartered Bank - summarised the bank’s development orientation and strategy in Vietnam, and affirmed that it is willing to support sustainable development programmes in the locality.

Representatives of businesses in and outside Ben Tre, and experts from the bank shared and recommended measures to promote ESG practice more effectively, thus improving competitiveness and attracting investment for businesses as well as the locality.

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(Source: VNA)