News
Vietnam gets US$41.2 million in emission reduction payments
Vietnam has received US$41.2 million, equivalent to 80 percent of the total funding, from the World Bank for 10.3 million tons of CO2 as a result of its efforts to reduce carbon emissions in deforestation and forest degradation until 2025.Vietnam has made strong commitments to the international ...
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 issues ISO standards to realise net zero commitments
The Directorate for Standards, Metrology and Quality under the Ministry of Science and Technology has issued International Standardisation Organisation (ISO) standards regarding climate change adaption. The standards named TCVN ISO 14090:2020 contain principles, requirements and guidelines to instruct organizations and sectors to adapt to climate ...
Science and technology key to achieve net-zero emission goal: Expert
Science and technology, which has played a significant role in promoting socioeconomic development, is also the motivation and key for Vietnam to complete the net-zero emission commitment by 2050, which was given by Prime Minister Pham Minh Chinh at the 26th UN Climate Change Conference ...
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 ...
Plan approved to realise net-zero emissions goal by 2050
The Ministry of Natural Resources and Environment has issued a plan for solutions to realise Việt Nam’s commitment to cutting emissions to net zero by 2050 announced at the 26th UN Climate Change Conference (COP26) in the UK in 2021.The ministry will make amendments to ...
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. ...
