The Vietnamese government and businesses need to work together to build favourable legal frameworks to encourage more sustainable production and consumption models, said insiders.

Vietnam is a notable destination for the Canada-based startup dynaCERT to expand its carbon emission reduction technology for diesel engines called HydraGEN, President and CEO of the firm Jim Payne told the Vietnam News Agency.

Carbon credits could become a key measure of success in sustainable rice farming, according to Dr Nguyen Do Anh Tuan, Director General of the International Cooperation Department of the Ministry of Agriculture and Rural Development (MARD).

Green development, energy transition, and emissions reduction are inevitable and irreversible trends that Vietnam cannot stand aside, Prime Minister Pham Minh Chinh said on July 14.

Minister of Agriculture and Rural Development Le Minh Hoan and World Bank Country Director for Vietnam Carolyn Turk co-chaired a high-level policy dialogue on low-carbon green agricultural transformation and emissions reduction on November 30.