News
5.9 million carbon credits remain pending due to legal challenges
Vietnam has achieved a milestone by signing agreements to sell 10.3 million tons of carbon credits internationally. However, 5.9 million tons of carbon dioxide remain without transfer partners.Mr. Ha Cong Tuan, former Deputy Minister of Agriculture and Rural Development, highlighted Vietnam’s goal of launching a ...
Translated by Thuy Doan
Vietnam’s forestry sector leads in achieving net negative emissions
Forestry is now the only sector capable of achieving net negative emissions, thanks to the Government’s forestry development policies, including the closure of natural forests, forest protection and development, coupled with international sponsorship, said Director of the Forestry Department Tran Quang Bao.Ha Cong Tuan, former ...
Challenges to a projected carborn market
To meet global greenhouse gas emission reduction targets based on agreements reached at the COP 21 and COP 26 meetings, one key strategy proposed by the UN is the creation of carbon credit markets, both globally and within individual countries. These markets would not only ...
Việt An
MARD reports plan to use nearly 6 million tons of CO2
The Ministry of Agriculture and Rural Development (MARD) has revised the amount of CO2 transferred in 2018-2019 in the north central region. The ministry sent a report to the Prime Minister on the authority to transfer nearly 6 million tons of residual carbon dioxide (CO2) ...
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
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
Vocational training to focus on smiconductor, hydrogen and carbon credits
Vocational training will focus on enhancing skills for the workforce in emerging fields like semiconductor chips, hydrogen and carbon credits in the coming time to meet market demand, according to the Ministry of Labor, Invalids and Social Affairs.The ministry will continue perfecting the policy and ...
Nhat Duong
Carbon market to create motivation for green transition: Deputy PM
A carbon market will create motivation for green transition, said Deputy Prime Minister Tran Hong Ha on July 12. The operation of the carbon market must follow a roadmap under the management of the State, match the capacity and development levels of businesses and the economy, ...
First program to generate carbon credits from rice cultivation piloted
On June 11, Deputy Director Trinh Duc Toan of the North Central Agricultural Science and Technology Institute said that the unit is coordinating with Green Carbon INC to implement a program to improve farmers’ lives by generating carbon credits from rice cultivation. This is the ...
Translated by Anh Quan
VN coffee growers double income with carbon-emission reduction scheme
Vietnam is the world’s top exporter of Robusta coffee, earning nearly US$4.2 billion of export revenue in 2023. If switching to carbon emission reduction production, the income of coffee farmers could double.The production of coffee with reduced emissions towards selling carbon credits has taken its ...
Tam An
