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By developing and operating the domestic carbon market, Vietnam will effectively reduce carbon emissions. This will happen due to the increase in compatibility with international carbon pricing mechanisms, link with international and regional carbon markets, and increase competition among Vietnamese products, according to experts.Assoc. Prof. ...

Several foreign businesses find it difficult to purchase carbon credits from Vietnam due to a lack of clear legal frameworks.Vu Tan Phuong, director of the Vietnam Forest Certification Office, said Vietnam has already had policy frameworks regarding carbon credits, but has not had concrete instructions ...

With its large forest reserves, Vietnam has great potential for developing a forest carbon credit market, and a “draft project to develop the carbon market in Vietnam” with a view to piloting a carbon credit exchange by 2025 was already submitted to the prime minister for ...

Vietnam’s carbon market is expected to thrive in the near future, given that the country has large forest reserves and many corporations stand ready to pour billions of US dollar to purchase forest carbon credits from Vietnam. It was estimated that Vietnam will be able ...

Việt Nam plans to set up and pilot a carbon trade exchange from 2025, according to a new Government decree on greenhouse gas (GHG) emissions and Ozone layer protection. The document stipulates several articles of the Law on Environmental Protection and maps out a roadmap ...