Vietnam to pilot operating carbon trade exchange from 2025
Vietnam plans to set up and pilot the operation of a carbon trade exchange from 2025, according to a new Government decree on greenhouse gas (GHG) emissions and Ozone layer protection.
A carbon credit is a kind of permit that represents one tonne of carbon dioxide removed from the atmosphere (Photo: moit.gov.vn)
Hanoi (VNA) - Vietnam plans to set up and pilot the operation of acarbon trade exchange from 2025, according to a new Government decree on greenhousegas (GHG) emissions and Ozone layer protection.
The document stipulates several articles of theLaw on Environmental Protection, and maps out a roadmap to the domestic carbonmarket foundation and development.
From now until the end of 2027, the country will put forwardregulations on the management of carbon credits, the exchange of GHG emissionquotas and carbon credits, and the operation of a carbon credit exchange.
It will also carry out a pilot mechanism for exchanging and balancingcarbon credits in potential areas, guide the implementation of the domestic andinternational carbon credit exchange and balance mechanisms in accordance withlaws and international conventions to which Vietnam is a signatory.
Activities to raise capacity and awareness of carbon marketdevelopment will be stepped up during this period.
The carbon trade exchange is expected to be putinto official operation in 2028.
A carbon credit is a kind of permit that represents one tonneof carbon dioxide removed from the atmosphere. They can be purchased by anindividual or, more commonly, a company to make up for carbon dioxide emissionsthat come from industrial production, delivery vehicles or travel./.
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The Construction Joint Stock Company 47, Vu Phong Energy Group and Steag Energy Services GmbH of Germany signed in Hanoi on December 15 a memorandum of understanding (MoU) on jointly providing consultancy services for the implementation of wind power projects nationwide.
Rice production is one of the largest sources of greenhouse gas emissions in agriculture, and how to reduce the emissions while still ensuring food security and raising farmers’ income in the Mekong Delta is now a hard nut to crack to many.
Through the commitments made at COP26, Vietnam has been following the global trend of green development, like developed countries with economic and technological strength.
Floodwater levels in the Cuu Long (Mekong) Delta are high and will continue to rise this month, especially in upstream areas, according to the hydraulic works management and construction department of the Ministry of Agriculture and Environment.
Conservation efforts to restore habitat and boost the population of red-crowned cranes in Tram Chim National Park are finally showing progress, with the cranes and many other rare wild birds coming back to the park.
Torrential rains from the night of July 31 to early August 1 triggered flash floods and landslides across several communes in Dien Bien province, leaving at least two people dead and eight others missing.
Transitioning to a circular economy not only offers a sustainable development path for Ho Chi Minh City but also serves as a pivotal step toward establishing a fully green economy.
An exhibition featuring 100 green, recycled, and circular economy models and products from 50 businesses and educational establishments took place in Ho Chi Minh City on July 31, as part of the local green transition forum and recycle day 2025.
Regional solidarity and cooperation are the key factor for the effective implementation of wildlife protection regulations. Only through sustainable cooperation, innovative approaches, and collective action can biodiversity be safeguarded for the present and future generations, an Vietnamese official has said.
Hanoi has approved a comprehensive plan to restore the environmental quality and develop four major urban rivers – the To Lich, Kim Nguu, Lu, and Set reverine environments.
The Javan pangolin is listed in Vietnam’s Red Book as critically endangered and is protected under Group IB – a category reserved for forest species facing an extremely high risk of extinction and requiring strict conservation measures.
As a key member of the core group of 18 countries, initiated by Vanuatu, Vietnam engaged in advocating for the UN General Assembly’s Resolution N.77/276, requesting for the ICJ’s advisory opinion. Following the resolution's adoption, Vietnam fully participated in all procedural steps for the first time, from submitting written proposals to presenting directly at the court’s hearings.
The wild elephant population in Da Nang includes a full developed herb of mature males, females, and calves. To date, the herd has grown to nine individuals.
Conservation efforts here have become a model, helping to save millions of turtle hatchlings and promoting Con Dao as a member of the Indian Ocean-Southeast Asia Turtle Site Network.
As part of its drive to fulfil its net zero emissions commitment by 2050, Vietnam is fast-tracking the development of a legal corridor to launch a pilot carbon market by the end of 2025, according to the Department of Climate Change.
Under the plan, from 2025 to 2026, the city will complete mechanisms and policies to support businesses in switching to green vehicles, expand the electric and green-energy bus network, and build charging stations. The targeted proportion of green buses is set at 10% in 2025 and 20–23% in 2026.
Storm Comay, the fourth in the East Sea this year, was at around 16.7 degrees North and 118.3 degrees East, in the east of the East Sea's northern waters as of 4am on July 24.
The disaster risk warning level for flash floods, landslides, and ground subsidence due to heavy rains and flows is rated at level 1, except in Nghe An, where it is raised to level 2.
A carbon credit is a kind of permit that represents one tonne of carbon dioxide removed from the atmosphere (Photo: moit.gov.vn) 
