ACTIVITY TITLE
Fair Finance Asia - Sida-HAUI - Vietnam
Reported by
Oxfam Novib NL-KVK-27108436 International NGO
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
Project-type interventions C01
Standard grant 110 Private Development Finance 30 Untied 2
Planned start date 2021-07-01
Planned end date 2022-12-31
Actual start date 2021-07-01
Actual end date 2022-12-31
activity status: Implementation
The activity is currently being implemented
WHO'S INVOLVED ( 4 )
PARTICIPATING ORG REFERENCE ROLE TYPE
Hanoi University of Industry
On January 4, 2010, Rector of Hanoi University of Industry issued Decision No. 02/QD-ĐHCN on establishing the Faculty of Business Management on the basis of separating the Faculty of Economics. The Faculty consists 08 divisions, including: Division of Business Administration, Division of Marketing Management, Division of Human Resource Management, Division of Corporate Finance, Division of Banking and Finance, Division of Investment Economics, Division of Economics and Administrative Division.
Implementing Partner Country based NGO
Oxfam Novib
Accountable International NGO
Oxfam Novib
Extending International NGO
Swedish Internat. Dev't Coop. Agency (SIDA)
Funding Government
General
The application of environmental, social and governance (ESG) criteria in the field of finance , banking and investment is one ofthe trends in the world, contributing to the implementation of the Sustainable Development Goals (SDG s),contributingto minimizing negative impacts on the environment, Promote a sustainable economy, and prevent poverty. The bank plays an important role inrealizing these objectives through the bank's credit, financial services and governance activities. In Vietnam,ESG is reflected in many decisions, directives,and other documents of the Government, the Bank of Vietnam (SBV) and related departments to promote the commitment of the banking sector to the goal of green growth and sustainable development. Infact, some Vietnamese central banks have participated in or applied international initiatives on ESG such as integrating some standards of the Global ReportInitiative (GRI) in the annual report, the International Financial Institution's (IFC)Set of Environmental and SocialStandards, etc. In 2019-20, the FFV Initiative adopts the International Fair Finance Guidance (FFG I), developed by Profundo and International Fair Finance (FFI), to analyze the compatibility between the widely publicized policies of 10 central banks in Vietnam and the ESG criteria. The report gave the results of the analysis,thereby making recommendations for the central bank to implement ESG commitments in accordance with international standards and standards. This helps Vietnam's central banks to fulfill their socio-environmental responsibilities, enhancing their position in the region of the Association of Southeast Asian Nations (ASEAN) and in the international market, as well as attracting capital from responsible investors and funds around the globe. Around the world, more and moreindependent agencies are evaluating and reporting on the implementation of ESG by companies and banks. Clients, investors, fund managers and other interested parties often use these independent reports as a source of reference to compare companies, assess risksand make investment decisions and use services. Based on that, in 2021-22, the second review is conducted based on the dotted method that has been updated by Profundo. Projectobjectives: - Vietnam Commercial Bank makes improvements in policiesand practices related to ESG criteria - Increase awareness and capacity of faculty and students on ESG content, assess the bank's policy on ESG commitments
recipient country ( 1 )
Viet NamVN
100
sector ( 2 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Democratic participation and civil society15150
100
GLOSSARY
Democratic participation and civil societySupport to the exercise of democracy and diverse forms of participation of citizens beyond elections (15151); direct democracy instruments such as referenda and citizens' initiatives; support to organisations to represent and advocate for their members, to monitor, engage and hold governments to account, and to help citizens learn to act in the public sphere; curricula and teaching for civic education at various levels. (This purpose code is restricted to activities targeting governance issues. When assistance to civil society is for non-governance purposes use other appropriate purpose codes.)
Reporting Organisation99( 1 )
The sector reported corresponds to a sector vocabulary maintained by the reporting organisation for this activity
The right to basic social services 2
100
Financial Overview
Incoming Funds ( 3 )
Disbursement ( 3 )
Budget ( 2 )
Incoming Funds
Disbursement
Budget
Budget ( 2 )
START END TYPE STATUS VALUE
2021-07-01 2021-12-31 Revised 16,766
EUR
2022-01-01 2022-12-31 Revised 1,638
EUR
Budget
Transactions ( 6 )
Incoming Funds ( 3 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2022-03-01
incoming transaction
Swedish Internat. Dev't Coop. Agency (SIDA)
8,383
EUR
2022-12-01
incoming transaction
Swedish Internat. Dev't Coop. Agency (SIDA)
8,383
EUR
2023-01-01
incoming transaction
Swedish Internat. Dev't Coop. Agency (SIDA)
1,638
EUR
Incoming Funds
Disbursement ( 3 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2022-03-01
Government Sweden SIDA - Swedish
Hanoi University of Industry
8,383
EUR
2022-12-01
Government Sweden SIDA - Swedish
Hanoi University of Industry
8,383
EUR
2023-01-01
Government Sweden SIDA - Swedish
Hanoi University of Industry
1,638
EUR
Disbursement
result( 2 )
outcome( 2 )
GLOSSARY
OutcomeResults of the activity that produce an effect on the overall communities or issues you serve. For example lower rate of infection after a vaccination programme.
Outcome
indicator( 5 )
Fiscal and financial- PS policies
The financial and private sector is transparent on its investments, not facilitating tax avoidance, and the financial sector due diligence includes the social, environmental and climate impacts of private sector companies and projects
INDICATOR
9610-1
cases where private sector improves tax transparency and/or adopt policies curbing tax avoidance/evasion
REFERENCE
VOCAB Reporting Organisation 99
CODE 9610-1
FACET BASELINE TARGET ACTUAL % PERIOD
Unit Unit
No dimension has been provided
No location has been provided
2021
0
0
Not provided
N/A
2021-07-01 : 2022-12-31
No dimension has been provided
No location has been provided
2021
0
Not provided
0
N/A
2022-07-01 : 2022-12-31
INDICATOR
9610-2
cases where financial institutions increase their transparency on investment portfolios and engagement trajectories.
REFERENCE
VOCAB Reporting Organisation 99
CODE 9610-2
FACET BASELINE TARGET ACTUAL % PERIOD
Unit Unit
No dimension has been provided
No location has been provided
2021
0
1
Not provided
N/A
2021-07-01 : 2022-12-31
No dimension has been provided
No location has been provided
2021
0
Not provided
1
N/A
2022-07-01 : 2022-12-31
Actual comment
VPbank updated three policies on website
INDICATOR
9610-3
cases where financial institutions their investees respect human rights, promote gender equality and protect the environment/climate
REFERENCE
VOCAB Reporting Organisation 99
CODE 9610-3
FACET BASELINE TARGET ACTUAL % PERIOD
Unit Unit
No dimension has been provided
No location has been provided
2021
0
0
Not provided
N/A
2021-07-01 : 2022-12-31
No dimension has been provided
No location has been provided
2021
0
Not provided
0
N/A
2022-07-01 : 2022-12-31
INDICATOR
9610-4
cases where financial institutions take measures to curb illicit financial flows and tax evasion and avoidance
REFERENCE
VOCAB Reporting Organisation 99
CODE 9610-4
FACET BASELINE TARGET ACTUAL % PERIOD
Unit Unit
No dimension has been provided
No location has been provided
2021
0
0
Not provided
N/A
2021-07-01 : 2022-12-31
No dimension has been provided
No location has been provided
2021
0
Not provided
0
N/A
2022-07-01 : 2022-12-31
INDICATOR
9610-5
cases of financial institutions taking measures to improve the integration of Human Rights and ESG criteria in their policies and practices
REFERENCE
VOCAB Reporting Organisation 99
CODE 9610-5
FACET BASELINE TARGET ACTUAL % PERIOD
Unit Unit
No dimension has been provided
No location has been provided
2021
0
0
Not provided
N/A
2021-07-01 : 2022-12-31
No dimension has been provided
No location has been provided
2021
0
Not provided
2
N/A
2022-07-01 : 2022-12-31
Actual comment
VPB and Agribank
Outcome
indicator( 4 )
Fiscal and financial-people able to
Citizens are informed, aware, equipped and able to demand change and hold to account decision makers for fiscal and financial justice
INDICATOR
9660-1
women are informed, aware and/or equipped to hold decision-makers accountable on inequality-reducing fiscal policies & practices, and/or tax evasion and avoidance
REFERENCE
VOCAB Reporting Organisation 99
CODE 9660-1
FACET BASELINE TARGET ACTUAL % PERIOD
Unit Unit
No dimension has been provided
No location has been provided
2021
0
0
Not provided
N/A
2021-07-01 : 2022-12-31
No dimension has been provided
No location has been provided
2021
0
Not provided
0
N/A
2022-07-01 : 2022-12-31
INDICATOR
9660-2
men are informed, aware and/or equipped to hold decision-makers accountable on inequality-reducing fiscal policies & practices, and/or tax evasion and avoidance
REFERENCE
VOCAB Reporting Organisation 99
CODE 9660-2
FACET BASELINE TARGET ACTUAL % PERIOD
Unit Unit
No dimension has been provided
No location has been provided
2021
0
0
Not provided
N/A
2021-07-01 : 2022-12-31
No dimension has been provided
No location has been provided
2021
0
Not provided
0
N/A
2022-07-01 : 2022-12-31
INDICATOR
9660-3
women are informed, aware and/or equipped to hold decision-makers accountable on financial justice
REFERENCE
VOCAB Reporting Organisation 99
CODE 9660-3
FACET BASELINE TARGET ACTUAL % PERIOD
Unit Unit
No dimension has been provided
No location has been provided
2021
0
20
Not provided
N/A
2021-07-01 : 2022-12-31
No dimension has been provided
No location has been provided
2021
0
Not provided
290
N/A
2022-07-01 : 2022-12-31
Actual comment
student events on ressponisble business and role of FIs
INDICATOR
9660-4
men are informed, aware and/or equipped to hold decision-makers accountable on financial justice
REFERENCE
VOCAB Reporting Organisation 99
CODE 9660-4
FACET BASELINE TARGET ACTUAL % PERIOD
Unit Unit
No dimension has been provided
No location has been provided
2021
0
20
Not provided
N/A
2021-07-01 : 2022-12-31
No dimension has been provided
No location has been provided
2021
0
Not provided
310
N/A
2022-07-01 : 2022-12-31
Actual comment
student events on ressponisble business and role of FIs
General Enquiries
Oxfam Novib
PO box 30919, 2500 GX The Hague, The Netherlands
legacy data( 6 )
NAME VALUE IATI EQUIVALENT
grant-reference 1001089
oxfamnovib-view-type EXT
profit-centre 0000007256
profit-centre-name CO: Vietnam (ASIA)
project A-05001
project-name Fair Finance Guide SE Asia - Sida