News

Vietnam’s forestry sector leads in achieving net negative emissions

Forestry is now the only sector capable of achieving net negative emissions, thanks to the Government’s forestry development policies, including the closure of natural forests, forest protection and development, coupled with international sponsorship, said Director of the Forestry Department Tran Quang Bao.Ha Cong Tuan, former ...

Challenges to a projected carborn market

To meet global greenhouse gas emission reduction targets based on agreements reached at the COP 21 and COP 26 meetings, one key strategy proposed by the UN is the creation of carbon credit markets, both globally and within individual countries. These markets would not only ...

Việt An

MARD reports plan to use nearly 6 million tons of CO2

The Ministry of Agriculture and Rural Development (MARD) has revised the amount of CO2 transferred in 2018-2019 in the north central region. The ministry sent a report to the Prime Minister on the authority to transfer nearly 6 million tons of residual carbon dioxide (CO2) ...

What is the price of Vietnam’s 57 million forest carbon credits?

The forestry alone can bring 57 million carbon credits, or 52 million tons of CO2, which Vietnam could sell to international organizations.Le Hoang The from The Vos Ecosystem Company said the carbon credit market is a transaction system that buys or sells the rights to ...

Tam An

VNFOREST: Negotiations on agreements on forest carbon credit sales continue

According to the Vietnam Administration of Forestry (VNFOREST), some localities have been contacted by domestic and international organizations and individuals that have proposed providing the service of absorbing and storing forest carbon (forest carbon service), including measurement, reporting, assessment, distribution and commercialization of forest carbon ...

Tam An

Vocational training to focus on smiconductor, hydrogen and carbon credits

Vocational training will focus on enhancing skills for the workforce in emerging fields like semiconductor chips, hydrogen and carbon credits in the coming time to meet market demand, according to the Ministry of Labor, Invalids and Social Affairs.The ministry will continue perfecting the policy and ...

Nhat Duong

Carbon market to create motivation for green transition: Deputy PM

A carbon market will create motivation for green transition, said Deputy Prime Minister Tran Hong Ha on July 12. The operation of the carbon market must follow a roadmap under the management of the State, match the capacity and development levels of businesses and the economy, ...

First program to generate carbon credits from rice cultivation piloted

On June 11, Deputy Director Trinh Duc Toan of the North Central Agricultural Science and Technology Institute said that the unit is coordinating with Green Carbon INC to implement a program to improve farmers’ lives by generating carbon credits from rice cultivation. This is the ...

Translated by Anh Quan

VN coffee growers double income with carbon-emission reduction scheme

Vietnam is the world’s top exporter of Robusta coffee, earning nearly US$4.2 billion of export revenue in 2023. If switching to carbon emission reduction production, the income of coffee farmers could double.The production of coffee with reduced emissions towards selling carbon credits has taken its ...

Tam An

Coconut garden can yield $25,000 from carbon credit sale

Selling carbon credits is no longer far-fetched for Vietnam. The country earned trillions of dong from selling carbon credits in late 2023. Mekong Delta is not only a rice granary, but also the homeland of coconut trees. All parts of coconut trees, from trunks to ...

Tam An

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