Keyword: "emissions reductions"

Deputy Minister of Agriculture and Environment Le Cong Thanh said Vietnam is shifting from policy development and refinement to the implementation and operation of the carbon market. The domestic carbon exchange began pilot operations on June 29, 2026, providing a platform for trading greenhouse gas emission allowances and carbon credits.

Vietnam has received a 51.5-million-USD payment for verified emissions reductions (carbon credits) for reducing deforestation and forest degradation (commonly known as REDD+) and for enhancing carbon stored in forests through reforestation and afforestation.