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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
EU's carbon tax regime enters transitional phase
The EU’s effort to cut carbon emissions globally is going into high gear as the bloc’s Carbon Border Adjustment Mechanism (CBAM) entered its transitional phase on October 1.As of October 1, the EU’s trading partners will have to report greenhouse gas (GHG) emissions embedded in ...