Ho Chi Minh City, March 10 -- Small and medium-sized enterprises (SMEs) in Vietnam is facing an estimated annual credit gap of up to 24 billion USD as they seek increasing funding to meet environmental, social and governance (ESG) standards and accelerate their green transition, experts said at the Impact Investment Connect: Capital for Growth Forum held in Ho Chi Minh City on March 10.

The forum, jointly organised by the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) and the Impact Investment Exchange (IIX) with support from Global Affairs Canada (GAC), gathered nearly 200 investors, financial institutions and businesses from Vietnam and abroad to explore ways of connecting Vietnamese enterprises with global impact invest...