News
Environmental benefits from circular economy
The circular economy offers a revolutionary method for rethinking how resources are managed, products are produced, and consumption is structured, all with the goal of minimizing greenhouse gas (GHG) emissions. Current strategies such as transitioning to renewable energy and enhancing energy efficiency address only 55 ...
Nguyen Dinh Tho
Reducing greenhouse gas emissions in agricultural production
In Vietnam, the agricultural sector accounts for about 30% of the total greenhouse gas emissions nationwide, mainly concentrated in two areas: rice cultivation, and livestock farming. Therefore, reducing greenhouse gas emissions in agricultural production is a major orientation that Quang Binh Province is implementing through ...
Huong Giang
Mangrove forests provide important blue carbon benefits
Despite covering just about 200,000 hectares or 1.5% of the national forest area, mangrove forests are highly valued for their socio-economic and biodiversity conservation benefits. The United Nations Development Programme (UNDP) has recognised them as a significant carbon sink, contributing substantially to reducing greenhouse gas ...
Vietnam issues national plan to eliminate ozone-depleting substances
Vietnam will promote the transition to technologies that utilise substances with low or zero global warming potential, and roll out sustainable cooling solutions to cut emissions by 11.2 million tonnes of CO2 equivalent by 2045 under a national plan on the management and elimination of ...
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 ...
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
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 shows strong political commitment to maximising green energy transition
Green transition in the energy sector is a key trend in the world and is one of Vietnam’s current top priorities. Vietnam is among countries with great potential to invest in new renewable energy sources such as solar, wind and ocean wave power, and biogas.Vietnam’s ...
New solutions reduce GHG emissions from shrimp ponds: Research
New farming solutions have helped reduce greenhouse gas (GHG) emissions by nearly 17% in extensive shrimp farms and nearly 11% in intensive farms, according to a research on monitoring GHG emissions from shrimp farming ponds.The research is part of the “Energy transition and climate change ...
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 ...
