News

Purchasing carbon credits from Vietnam difficult without clear legal frameworks

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 ...

Pham Chieu

Vietnam will likely pilot carbon credit market by 2025: ministry

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 ...

Vinh Tho - Quang The - Le

Vietnam takes steps towards carbon credit market

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 ...

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