News
Vietnam takes steps towards net zero emissions
The issuance of the national plan on the implementation of the Glasgow Leaders’ Declaration on Forests and Land Use is another step taken by the Vietnamese Government towards achieving net zero emissions by 2050. Under the plan, the area of downgrading natural forests restored and upgraded ...
Vietnam considers domestic carbon credit exchange to enhance efficiency in green transactions
In light of Vietnam’s projected generation of approximately 10.8 million voluntary carbon credits annually, there is a growing demand for efficient exchange and purchase mechanisms, prompting active discussions about the establishment of a domestic carbon credit exchange.In line with the goal of reaching Net Zero ...
Vietnam makes positive contributions to energy security
Vu Chi Mai, Project Director of the Clean, Affordable and Secure Energy for Southeast Asia (CASE) under the GIZ Energy Support Programme (ESP), speaks to Vietnam News about Vietnam’s energy transition away from coal and towards a low-carbon system.Vietnam already has clear targets for energy ...
Workshop on carbon capture, use, and storage explores Việt Nam potential
With a commitment to achieving net-zero emissions by 2050, Việt Nam recognises the importance of carbon capture, usage and storage (CCUS) in reducing greenhouse gas emissions, as stated in the National Strategy for Climate Change to 2050.The Việt Nam Petroleum Institute (VPI) and SGS have ...
Vietnam will run carbon trade exchange in 2028
Vietnam will officially run a carbon trade exchange in 2028, according to a draft project on the development of a carbon market in Vietnam conducted by the Ministry of Natural Resources and Environment. According to the draft, Vietnam will pilot the operation of this carbon ...
Vietnam aims for sustainable development with Power Development Plan VIII
The Power Development Plan for the 2021-2030 period, with a vision to 2050 (PDP VIII), is a particularly important plan that aims to ensure national energy security and provide adequate and stable electricity at reasonable prices for rapid and sustainable socio-economic development.PDP VIII is designed ...
Vietnam to develop 1 million ha of low-emission high-quality rice by 2030: draft
The Ministry of Agriculture and Rural Development is about to complete a draft of the project to develop 1 million ha of low-emission high-quality rice in Vietnam, according to Deputy Minister Tran Thanh Nam.The project is part of the activities to implement Vietnam’s Strategy for ...
Carbon market development helps reduce greenhouse gas emissions
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. ...
EIB Global to support Viet Nam's efforts to decarbonize electricity sector
EIB Vice-President Kris Peeters and Viet Nam Electricity Chairman Duong Quang Thanh have signed a memorandum of understanding paving the way for an increased EIB contribution to sustainable electricity generation.As part of the Vietnamese government’s target of achieving net zero emissions by 2050, EVN has ...
Thuy Dung
UNDP pledges to help Vietnam in human rights-based approach to climate action
The UN Development Programme (UNDP) held policy discussion on the human rights and climate change nexus in Hanoi on October 18, focusing on how to achieve a just, green and sustainable environmental development with principles of equity and human rights at the centre.With the support ...