quang binh receives over 338 million usd from selling carbon credit

Quang Binh receives over 3.38 million USD from selling carbon credit

The central province of Quang Binh got more than 82 billion VND (3.38 million USD) for its efforts to reduce greenhouse emissions in 2023, becoming the first locality in Vietnam to receive payment under the Emissions Reduction Purchase Agreement (ERPA).
industrial real estate developers implement decarbonisation to increase appeal

Industrial real estate developers implement decarbonisation to increase appeal

As the effects of climate change are becoming increasingly apparent and the race towards carbon neutrality intensifies, businesses are expected to play a more active role in reducing their carbon footprints.
nestle vietnam leads top 100 sustainable companies

Nestlé Vietnam leads Top 100 Sustainable Companies

Nestlé Vietnam continues to lead the Top 100 Sustainable Companies (CSI) in 2023 in the manufacturing sector. The company is also among the five most pioneering enterprises in implementing circular economy solutions and carbon emissions reductions.
sao do group gears towards energy savings

Sao Do Group gears towards energy savings

Reducing greenhouse gas emissions and the carbon footprint of the industrial production chain will become an inevitable global trend over the coming decades. Sao Do Group, the investor for Nam Dinh Vu Industrial Park (IP) in Haiphong, is participating more and more deeply in this process.
new switchboard launched in aid of more sustainable operations sivacon s4

New switchboard launched in aid of more sustainable operations - SIVACON S4

The SIVACON S4 switchboard was launched into the Vietnamese market on December 5, 2023 at “Sustainable Development and Net Zero Carbon 2050 – Vision and Challenges” seminar.
getting vietnams carbon market framework ready

Getting Vietnam’s carbon market framework ready

A mandatory carbon market in Vietnam has been in the spotlight ever since the country vowed to reach net-zero emissions by mid-century a couple of years ago.
one million hectare high quality rice project officially approved

One million hectare high-quality rice project officially approved

The government approved the sustainable development project of one million hectares specialising in high-quality, low-emission rice cultivation associated with green growth in the Mekong Delta until 2030.
putting the carbon market to work

Putting the carbon market to work

The Paris Agreement, adopted in 2015, represents a historic global effort to combat climate change with the primary goal is to limit global warming to well below 2°C above pre-industrial levels, with an aspiration to keep it within 1.5°C. Achieving this ambitious goal is contingent on the collective efforts of nations to reduce greenhouse gas (GHG) emissions.
citi shares experience in developing vietnams carbon offset market

Citi shares experience in developing Vietnam’s carbon offset market

A Citi Vietnam executive has spoken about the bank’s initiatives for carbon market development at an event in Hanoi.
vietnams steel producers embracing cbam transition

Vietnam’s steel producers embracing CBAM transition

Vietnam’s steel production industry is taking initial steps in shifting to greener production and minimising emissions to adjust to the requirements of major markets such as the EU.
carbon market to scale investment required for climate finance

Carbon market to scale investment required for climate finance

Vietnam is making significant progress in creating a carbon trading market. According to the Ministry of Natural Resources and Environment’s proposed roadmap, the country will start piloting a carbon credit exchange by 2025 and is expected to begin official operations from 2028.
three winners of national innovative startup competition 2023 announced

Three winners of National Innovative Startup Competition 2023 announced

BUYO Bioplastics, AIRX CARBON, and CENERGY become the three winners of the National Innovative Startup Competition 2023 at Techfest Vietnam 2023 held in Ho Chi Minh City on November 24.
the correct path to a low carbon market for vietnam

The correct path to a low-carbon market for Vietnam

Vietnam is striving to build a carbon credit market, attracting interest among stakeholders. Marc Stuart, founding partner and CEO of clean energy advisors Allotrope Partners, spoke with VIR’s Bich Thuy about how various partnerships can support this mission.
shared solutions can bring out best in green ambition

Shared solutions can bring out best in green ambition

In 2030, Vietnam is forecast to generate 120 million tonnes of carbon emissions, of which rice cultivation accounts for half of the emissions.
its now or never to meet climate goals and every second counts

It’s now or never to meet climate goals - and every second counts

To achieve our climate targets, we need carbon emissions to peak by 2025 and halve by the end of this decade, and Vietnam is no exception.