Environment and natural resources
Climate change
Vietnam capable of earning US$200 mln per year from carbon credit trade
Vietnam is capable of selling some 40 million carbon credits for a revenue of US$200 million annually, the Department of Forestry has calculated.It said the country has freshly signed an emissions reduction purchase agreement with Emergent, a non-profit intermediary engaging between tropical forest countries and ...
Project to develop multi-use values of forest ecosystem to 2030 approved
Deputy Prime Minister Tran Luu Quang on February 29 signed a decision approving a project on developing multi-use values of the forest ecosystem to 2030, with a vision to 2050.The project aims to improve the efficiency of management and sustainable use of forest resources; create ...
Mekong Delta: Drought, saltwater intrusion cause subsidence, water shortage
This year’s dry season is expected to bring more severe drought and saltwater intrusion to the Mekong Delta compared to previous years, significantly impacting the lives and production of local residents.Furthermore, saltwater intrusion in the Mekong Delta depends on the water flow from the upper ...
Agriculture ministry wants to sell 5.9 million tons more of carbon dioxide
The Ministry of Agriculture and Rural Development (MARD) has reported to the government about the signing of documents on transferring 10.3 million tons of CO2 to the World Bank which will bring turnover of VND1.25 trillion.In the report to the Prime Minister on the implementation ...
Tam An
Environment protection fee proposed for emissions
In response to the evolving economic and social landscape in the country, Vietnam’s Ministry of Finance has announced measures to address the deteriorating air quality in major cities, industrial zones and craft villages. The worsening environmental conditions pose serious threats to public health, inflict damage ...
Việt Nam has first more than US$41 million from selling forest carbon credits
A total of US$41 million in carbon credit sales is the first forest proceeds from six north central provinces from the emission reduction agreement with the World Bank. This money is transferred to localities to pay forest owners, local people and communities to manage, protect and ...
GEF helps promote low-carbon circular economy in Viet Nam
A project to accelerate low-carbon circular economy through cleantech innovation towards sustainable development has been launched in Viet NamThe project was jointly developed by the Institute of Strategy and Policy on Natural Resources and Environment, under the Ministry of Natural Resources and Environment and the ...
Energy transition to help Vietnam realise net-zero emissions goal: insiders
Developing renewable energy resources is expected to help Vietnam reach its target of carbon neutrality by 2050, said insiders.Energy transition, replacing traditional fossil fuel sources to using cleaner and low-emission forms of energy and moving towards carbon neutrality is an important part of Vietnam’s future energy landscape.Experts said that about two-thirds ...
Carbon tax poses new challenge for VN to boost exports to EU
The EU-Vietnam Free Trade Agreement (EVFTA) is an agreement inclined towards sustainable development. The EU’s CBAM (Carbon Border Adjustment Mechanism) has posed a new challenge for Vietnam’s exports to enter the EU market.CBAM will be valid for the transitional period with an aim to control ...
Luong Bang
Vietnam adopts climate-friendly solutions following Global Cooling Pledge
Vietnam is one of the first 63 countries to join the Global Cooling Pledge proposed by President of the UN Climate Change Conference of the Parties (COP28) Sultan Al Jaber within the framework of COP28 recently held in Dubai, the United Arab Emirates (UAE).Under the ...
