vietnam makes efforts to develop domestic carbon market

Vietnam makes efforts to develop domestic carbon market

In the context that about 70 countries and territories have applied carbon pricing instruments, experts held that Vietnam should also apply such tools, especially by developing the domestic carbon market, in order to support the realisation of the country’s greenhouse gas (GHG) emissions reduction target.
vietnam accelerates green cooperation through p4g summit

Vietnam accelerates green cooperation through P4G Summit

Vietnam hopes that the fourth Partnering for Green Growth and the Global Goals 2030 (P4G) Summit, to be held next year, will promote public-private partnerships and cooperation between countries in drafting policies to promote the green growth transition.
phuc khang applies green building standards to reduce carbon emissions

Phuc Khang applies green building standards to reduce carbon emissions

Phuc Khang Corporation (PKC) paid early attention to green construction. The projects invested and developed by the business aim to optimise energy consumption, reduce carbon emissions, and benefit the environment.
acb and dhl express form strategic partnership on green fuel

ACB and DHL Express form strategic partnership on green fuel

Asia Commercial Bank (ACB) inked an agreement with DHL Express on September 19 to fully offset carbon emissions for its international express shipments by harnessing DHL's GoGreen Plus service.
tra vinh proactive in green development

Tra Vinh proactive in green development

The Mekong Delta province of Tra Vinh has extended growth momentum in diverse fields with distinct advantages, particularly taking measures to maintain green competitiveness.
green goals can be achieved with collective focus

Green goals can be achieved with collective focus

The Asian Development Bank and GreenYellow Smart Solutions Vietnam last week inked a $13.8 million loan agreement for rooftop photovoltaic solar systems. Sébastien Prioux, CEO of GreenYellow Vietnam and Cambodia, talked to VIR’s Nguyen Thu about the company’s goals in the Vietnamese market and what it expects from upcoming policy.
ho chi minh city urged to double down on green goals

Ho Chi Minh City urged to double down on green goals

Feasible solutions to promote green transformation and related business opportunities were offered at a major forum last week.
forum discusses impact of climate change

Forum discusses impact of climate change

The 2023 Vietnam Climate Forum took place in Hanoi on September 21. The event was co-organised by the State Bank of Vietnam (SBV) in partnership with the International Finance Corporation (IFC).
green focused businesses ready for cooperation

Green-focused businesses ready for cooperation

Japanese investors are showing more interest in green development. Kinoshita Tadahiro, director general of Sojitz Vietnam and president of the Japanese Chamber of Commerce and Industry in Vietnam, talked with VIR’s Nguyen Thu about potential green sector cooperation between Japanese firms and Sojitz in particular.
development banks extend role in green related loans

Development banks extend role in green-related loans

Major investment banking institutions are seeking opportunities to provide more green loans for Vietnam to support its net-zero transition.
vietnams first local currency sustainability linked bonds aim to boost economy

Vietnam’s first local currency sustainability-linked bonds aim to boost economy

The International Finance Corporation (IFC) is investing around $150 million in local currency sustainability-linked bonds (SLBs) to be issued by BIM Land JSC and its subsidiary Thanh Xuan JSC.
vietnam eyes green jobs amidst energy transition insights from german experience

Vietnam eyes green jobs amidst energy transition: Insights from German experience

Inspired by Germany's success, Vietnam is gearing up for a surge in green jobs on the push for carbon neutrality by 2050, eyeing over 75 per cent renewable energy usage by 2045.
steelmakers must act now in cbam entry

Steelmakers must act now in CBAM entry

The introduction of the EU’s carbon border policy will be particularly crucial for Vietnamese steel companies, as they are among the top emitters of greenhouse gases domestically.
citi promotes social finance in asia

Citi promotes social finance in Asia

The Citi Social Finance team is a globally dedicated industry specialist group that provides expertise and supports to clients seeking to expand access to basic services for underserved populations.
electricity prices must reflect production costs for green transition

Electricity prices must reflect production costs for green transition

Nguyen Xuan Thanh, a lecturer at the Fulbright School of Public Policy and Management in Vietnam, has suggested that for a successful green transition, Vietnam must accurately adjust electricity prices to mirror the costs of renewable energy production.