Environment and natural resources
Vietnam promotes circular economy in waste recycling
Many businesses in Vietnam have developed circular economy models, focusing on waste-to-energy and producing building materials from the ash and slag of thermal power plants.Regarding difficulty in the development of a circular economy, experts said Vietnam is confronted with many challenges relating to institutional capacity ...
What is the price of Vietnam’s 57 million forest carbon credits?
The forestry alone can bring 57 million carbon credits, or 52 million tons of CO2, which Vietnam could sell to international organizations.Le Hoang The from The Vos Ecosystem Company said the carbon credit market is a transaction system that buys or sells the rights to ...
Tam An
Viet Nam contributes towards a zero-emission Asia
Viet Nam joined ten other member countries of the Asia Zero Emission Community (AZEC) at the second AZEC Ministerial Meeting held in Jakarta, Indonesia, on August 21. The event aims to discuss countries’ efforts to pursue net zero emissions targets. AZEC members include: Indonesia, Thailand, ...
Thuy Dung
Forestry carbon market: High potential, many challenges
On the afternoon of August 22, the Ho Chi Minh City University of Agriculture and Forestry, in collaboration with the Center for International Forestry Research (CIFOR) and the University of Adelaide (Australia), held a seminar titled “Sharing and Updating Information on Carbon Markets from Coastal ...
Translated by Thuy Doan
Shift to electric vehicles needed to reach net-zero emission goals
In order to turn net-zero emission goals into reality, Vietnam needs to urgently apply measures to encourage people to use public transport and shift to electric vehicles.To reduce emissions to zero, the Prime Minister released Decision 876, approving an action plan on a green energy ...
Dinh Quy
Progress of a World Bank-funded Climate Resilience Project under review
A meeting on the progress of the World Bank-funded Mekong Delta Climate Resilience and Integrated Transformation Project (MERIT – WB11), which costs more than VND17.75 trillion (approximately $741 million) was held in the Mekong Delta city of Can Tho on August 12 under the chair ...
Vân Nguyễn
Collaboration and energy transition remain as the focus of climate transition journey
Vietnam has had milestones in climate transition journey in the past two years, from the country’s Net Zero commitment made at COP26 to its National Climate Change Strategy, of which collaboration and energy transition remain as the focus of this journey, Mr. Tim Evans, CEO of ...
Ngoc Lan
How to develop new energy sources?
From the Green and Clean Energy towards Net Zero forum, Vietnam Economic Times / VnEconomy sought insights and solutions from various stakeholders on developing new energy sources for the country’s green future.Dr. Ta Dinh Thi, Deputy Chairman of the National Assembly Committee on Science, Technology, ...
VNFOREST: Negotiations on agreements on forest carbon credit sales continue
According to the Vietnam Administration of Forestry (VNFOREST), some localities have been contacted by domestic and international organizations and individuals that have proposed providing the service of absorbing and storing forest carbon (forest carbon service), including measurement, reporting, assessment, distribution and commercialization of forest carbon ...
Tam An
Vietnamese, Lao provinces reinforce ties in forest management, protection
The forest protection bodies of Vietnam’s central province of Thua Thien – Hue and Laos’s southern province of Sekong have signed a cooperation deal to promote forest management and protection, natural resource conservation, and forest produce management along the shared borderline. The document was inked in ...