Legal framework set up for domestic carbon exchange
The carbon credit exchange will operate under a centralised model subject to strict state supervision, with tradable assets including greenhouse gas emission quotas and eligible carbon credits.
Consultation workshop on assessing impact of carbon credit trading, emission reduction outcomes
A consultation workshop on the impact of carbon credit trading and Vietnam’s mitigation outcomes in international markets was held in Hanoi on August 20, the Southeast Asia Energy Transition Partnership (ETP) and the Department of Climate Change.
Vietnam’s carbon market development project approved
The project is designed to accelerate the development of a low-carbon economy and address climate change, working toward the goal of achieving net-zero emissions by 2050.
Experts share international experience in promoting carbon market in Vietnam
Experts have shared international experience and gave recommendations for Vietnam in developing the domestic carbon market, including completing relevant institutions and policies, enhancing the quality of human resources and infrastructure systems, and promoting international cooperation mechanisms.
Policies, legislation on climate change to be amended
A workshop was held in the Mekong Delta city of Can Tho on October 7 to seek improvement of policies and legislation in response to climate change in Vietnam.