Information on Doctoral thesis of Fellows Ngo Anh Phuong
30/12/2020 15:19

Official thesis title: Researching determinants on green banking development in Vietnam


1. Full name: Ngo Anh Phuong               

2. Sex: Female

3. Date of birth: 26/7/1976                       

4. Place of birth: Ha noi

5. Admission decision number: Decision No: 2349/QD-DHKT dated 25/8/2016 by the Rector of University of Economics - VNU

6. Changes in academic process:

- Decision No. 1926/QD-DHKT dated 14/07/2017 on adjusting the name of the doctoral thesis for the graduate student Ngo Anh Phuong, Course QH-2016-E;

- Decision No. 3743/QD-DHKT dated 29/12/2017 on adjusting the name of the doctoral thesis for the graduate student Ngo Anh Phuong, Course QH-2016-E;

- Decision No. 4113/QD-DHKT dated December 31, 2019 on allowing graduate students to extend their training time;

7. Official thesis title: Researching determinants on green banking development in Vietnam

8. Major: Banking finance

9. Code: 9340201.01

10. Supervisors: Assoc.Prof.PhD. Tran Thi Thanh Tu

11. Summary of the new findings of the thesis: The thesis has achieved the following results:

[1] The basic theoretical issues about green banking, the measurement of green banking development and the determinants on the level development of green banks are systematized. A bank is considered as a green bank when it has built a sustainable business strategy, reflected in the provision of banking services satisfying the criteria of ensuring environmental and social responsibility. The dissertation has built a theoretical framework that identifies six groups of factors affecting green banking development, including: (i) State support policies on development of green banks; (ii) Macro factors; (iii) Green investment demand; (iv) Financial capacity of the bank; (v) Bank leaders' awareness of green banking; (vi) Staff capacity.

[2] On the basis of considering the practical experience of green banking adoption in developed and developing countries around the world, the thesis has drawn a number of lessons to successfully develop green banking, including: It is necessary to have the intervention and support of the government agencies to encourage green credit and green loans; It is necessary to complete the legal and regulations on the process and mechanism of providing green financial services; Green banking adoption requires the joint efforts of every organizations and businesses in the economy in general and financial institutions in particular.

[3] The empirical research results show that the level of development of green banks in Vietnam is at level 3 - Systematic business operations, in which, most of the bank's processes and products are in compliance with the “green” principles, the bank's organizational structure is designed to support a “green” impact on four levels: people, process, principles and purpose. Currently, there is no bank in Vietnam that is truly considered a Green Bank. Almost Vietnam’s banks are providing green banking services or lending activities linked to environmental commitments. The green bank adoption in Vietnam in the recent period is reflected through the completion of the basic legal framework for the development of green banks and the growth of green credit in Vietnam’s banking system.

[4] Four groups of factors affecting the development of commercial banks in Vietnam include: Macro factors that have the greatest impact on the development of green banking in Vietnam; Financial capacity of the bank; Support policies on green banking development; Green investment demands.

[5] The development of green banking is an inevitable trend in the future period. The thesis has proposed a number of recommendations to contribute to the development of green banking in Vietnam by 2030, including: Improving macroeconomic factors; Enhancing and strengthening the financial situation of the bank; Providing necessary supports on green banking development; Encouraging green investment by business organizations.

12. Practical applicability: The thesis has the following practical contributions: (i) The thesis helps to clarify the current status of the development of green banks in Vietnam according to international practices; (ii) The results of the thesis help commercial banks and the bank managers to recognize the factors, as well as the degree of influence of these factors on the development of banks in Vietnam. It helps commercial banks to propose appropriate solutions to promote the adoption of green banking in Vietnam; (iii) The dissertation contributes to suggest a number of recommendations and solutions to promote the development of green banks in Vietnam.

13. Further research directions: Besides, the research results suggest further research through expanding the scope, surveyed object, and factors in the model. This is opened the further research directions

14. Thesis-related publications:

1. Ngo Anh Phuong, 2020, Practice and development solutions for green banking in VietNam, Review finance, issue No 2-October 2020 (739), Pages 19-23.

2. Ngo Anh Phuong, 2020, Accessing the Leval of Green Banking Development in VietNam, Vietnam Journal off Economics and finance, issue No 4-August 2020, Pages 37-46.

3. Ngo Anh Phuong, 2020. Factors affecting the development of green banks in Vietnam, [online] Available at: <http://www.growingscience.com/ac/Vol6/ac_2020_93.pdf> [Accessed 18 July 2020].

4. Ngo Anh Phuong et al., 2020. Developing a green financial system to boost economy in Vietnam , Hanoi: Science and Technology Publishing House ;

5. Ngo Anh Phuong et al.,State-level project Developing green financial system to promote green economy in Vietnam Code KX.01.27 / 16 -20. Hanoi May 2020, Ministry of Science and Technology, National Key Program of Science and Technology, 2020 (Assoc.Prof. Dr. Tran Thi Thanh Tu author).

6. Ngo Anh Phuong et al.,, 2019. Empirical Research : Development Level and Factors That Affect Green Banking in Vietnam. Banking Magazine, Special Issue 2019, pages 26-39. 


VNU University of Economics and Business