Does the Regulatory Framework for Financial Innovation Effectively Support Sustainable Development Goals in Vietnam?

Abstract

This research explores the regulatory framework for financial innovation in Vietnam, focusing on its role in supporting the achievement of Sustainable Development Goals (SDGs). With the growing importance of green finance and sustainable economic practices, the study examines how Vietnam’s legal and regulatory structures facilitate or hinder financial innovation aimed at achieving the SDGs, particularly in the banking sector. The methodology includes a comprehensive review of relevant literature, document analysis of legal and regulatory instruments, and expert interviews with key stakeholders in the financial sector. The study identifies key gaps in the existing regulatory framework, such as the lack of clear legal standards for green finance incentives and challenges in fostering digital banking innovations. The findings suggest that while Vietnam has made progress, substantial regulatory reforms are necessary to strengthen financial innovation and align it more closely with sustainable development objectives. The research provides policy recommendations aimed at enhancing the regulatory environment for green finance and digital banking to support the SDGs

Authors and Affiliations

Nhu Ha NGUYEN, Minh Phuong DANG

Keywords

Related Articles

Identification of Nucleotide Variants to Analyse Quantitative Trait Loci (QTL) in Drought Resistant Mulberry Cultivars.

Mulberry (Morus Indica) leaves have gained commercial and economical importance in India by domesticated sericulture practices. Genetic engineering has paved way to enhance the breeding adroitness in developing transgeni...

Cross-Examining the Trainability Theory of Entrepreneurship as a Strategy against Unemployment in Kogi State Nigeria

Despite efforts by the government and policymakers in Kogi State Nigeria through entrepreneurship training aimed at reducing the rate and level of unemployment in the state, the outcome has continuously remained unimpres...

The Influence of Income, Family Consumption and Technology on the Welfare of Fishermen in Tanjung Benoa Bali

The high potential of fishery resources owned by Tanjung Benoa Village is a positive thing and can be a good source of income for the community. However, the fact is that this potential has not been able to provide the e...

Early Childhood Care and Development from the Lens of Teachers: A Phenomenology

Early childhood care and education emphasizes the child's social, emotional, cognitive, and physical needs for a strong foundation of learning and well-being. The study sought to determine the lived experiences of kinder...

Improving Advertising Text Writing Skills through Using the Flipaclip Application for Class XII DKV Students at Pasirian State Vocational School

Technological sophistication is able to change the order of life, especially the world of education. The role of education is very important in preparing individuals to become extraordinary leaders and motivators. Langua...

Download PDF file
  • EP ID EP755281
  • DOI 10.47191/ijmra/v8-i01-18
  • Views 5
  • Downloads 0

How To Cite

Nhu Ha NGUYEN, Minh Phuong DANG (2025). Does the Regulatory Framework for Financial Innovation Effectively Support Sustainable Development Goals in Vietnam?. International Journal of Multidisciplinary Research and Analysis, 8(01), -. https://europub.co.uk/articles/-A-755281