News
Building carbon credit management mechanisms crucial: PM
Prime Minister Pham Minh Chinh emphasised the urgent need to develop a carbon market and carbon credit management mechanisms in his recently-issued directive.In Vietnam, since the mid-2000s, many businesses have rolled out carbon credit programmes and projects, notably those under the Clean Development Mechanism (CDM). ...
Vietnamese government committed to development of green economy
Deputy Prime Minister Tran Hong Ha said that the Vietnamese Government is committed to the continued development of the green economy, including the field of renewable energy. Deputy Prime Minister Tran Hong Ha made the statement while attending the 4th Vietnam Development Bridge 2024 Forum ...
Translated by Anh Quan
Energy transition to help Vietnam realise net-zero emissions goal: insiders
Developing renewable energy resources is expected to help Vietnam reach its target of carbon neutrality by 2050, said insiders.Energy transition, replacing traditional fossil fuel sources to using cleaner and low-emission forms of energy and moving towards carbon neutrality is an important part of Vietnam’s future energy landscape.Experts said that about two-thirds ...
Vietnam adopts climate-friendly solutions following Global Cooling Pledge
Vietnam is one of the first 63 countries to join the Global Cooling Pledge proposed by President of the UN Climate Change Conference of the Parties (COP28) Sultan Al Jaber within the framework of COP28 recently held in Dubai, the United Arab Emirates (UAE).Under the ...
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 ...
