Asean International Sandbox Conference

Editor's Note

2026-03-01T07:02:30SE Asia Standard Time

Green Logistics Practices in Vietnam’s E-commerce Market: A Framework

2026-03-01T07:02:29SE Asia Standard Time

The rapid growth of e-commerce in Vietnam has become a major driver of digital transformation, reshaping consumer behavior and business practices. However, it has also simultaneously created significant environmental challenges, particularly in logistics operations such as transportation, packaging, and warehousing. Green logistics —logistics activities that aim at minimizing environmental impact is increasingly recognized as a solution to balance economic growth, environmental protection, and social well-being. In Vietnam, the concept of green logistics is not completely new but it has not been fully implemented into operation. As a result, there remains a research gap in academic and practical implementation of the green logistics model in Vietnam’s digital retail ecosystem. The study aims at examining the status quo of green logistics in Vietnam’s e-commerce sector and previous framework of sustainable logistics. Drawing on academic research, government reports, and industry surveys, it identifies and proposes a green logistics framework tailored to the situation of e-commerce in Vietnam. The model provides theoretical contribution by conceptualizing green logistics in developing the e-commerce market, and practical implications for policymakers, logistics companies, and platforms. Future research may focus on empirical testing of the impact of each pillar on green logistics performance.

Green Credit Taxonomy System: Current Situation in Vietnam and Lessons from the EU Experience

2026-03-01T07:02:30SE Asia Standard Time

This study analyzes the EU green taxonomy system to provide recommendations for Vietnam's green credit taxonomy development. Vietnam faces severe climate vulnerability and requires substantial investment to achieve its Net Zero 2050 commitment, with the banking sector playing a critical role in capital mobilization. Despite recent policy progress including the establishment of a Green Project Classification List, Vietnam lacks detailed technical criteria and faces challenges including capacity constraints, market fragmentation, and greenwashing risks. Using comparative analysis methodology, the research examines the design, implementation, and lessons from the EU Taxonomy—the global gold standard for environmental rigor—while assessing Vietnam's gaps against international best practices. Results provide a phased implementation roadmap and policy recommendations adapted to Vietnam's context, supporting JETP implementation and ASEAN Taxonomy integration, ultimately contributing to enhanced climate finance mobilization effectiveness

Digital Transformation as a Value Driver: New Evidence from an Emerging Market

2026-03-07T14:51:23SE Asia Standard Time

This study carefully examines whether digital transformation increases firm value in Vietnam. While technology adoption has grown rapidly in the country, academic evidence on its impact remains relatively limited. The previous research findings consistently emphasize that digitalization can improve information processing, resource utilization efficiency, and governance quality. Therefore, this study investigates whether these valuation benefits are actually present in an emerging market. This study utilizes panel data from 319 listed companies over eight years. The Ordinary Least Squares (OLS), Fixed Effects, and Generalized Method of Moments methods were applied to address heterogeneity and endogeneity appropriately. The results show that digital transformation has a positive and significant impact on firm value. These findings are largely consistent with previous studies reporting increased valuations through a better information environment, stronger internal controls, and improved digital capabilities. This study further adds new evidence from Vietnam and applies a dynamic estimation framework to support stronger causal interpretations. However, key limitations primarily relate to the use of disclosure-based measures and a lack of industry-level comparisons. These issues clearly present opportunities for future research.

The Impact of Green Crecit on Bank Profitability: Implications for Vietnam

2026-03-01T07:02:31SE Asia Standard Time

In the context of climate change and the global pursuit of sustainable development, green credit has emerged as a strategic instrument enabling banks to foster both economic growth and environmental protection. In Vietnam, although the State Bank has introduced incentive policies to promote green lending, its implementation remains constrained by an incomplete legal framework and dependence on external capital. Addressing the lack of empirical evidence, this study examines the impact of green credit on the profitability of 18 Vietnamese commercial banks from 2015–2023. Using panel data regression in STATA with diagnostic tests for multicollinearity, heteroskedasticity, and autocorrelation, the study finds that green credit ratio (GCR) significantly enhances return on assets (ROA), while non-performing loans (NPL) reduce it. Bank size also shows a positive but weaker effect, whereas GDP growth is insignificant. The findings highlight green credit’s role in sustainable banking and support stronger regulatory and environmental risk management frameworks.

Asean International Sandbox Conference

Editor's Note

Table of Contents

Green Logistics Practices in Vietnam’s E-commerce Market: A Framework

Green Credit Taxonomy System: Current Situation in Vietnam and Lessons from the EU Experience

Digital Transformation as a Value Driver: New Evidence from an Emerging Market

The Impact of Green Crecit on Bank Profitability: Implications for Vietnam