Carbon credit market can make all the difference

Carbon credit market can make all the difference

In Vietnam, the carbon market will be developed and operated under strict government supervision, emphasising the principles of transparency, publicity, efficiency, national suitability, and alignment with international practices.
Businesses at the ready for carbon credit market planning

Businesses at the ready for carbon credit market planning

Thorough preparations will enable businesses to leverage advantages when participating in carbon credits, with Vietnam striving to pilot a carbon credit exchange in a few months.
Carbon credit interest still at low level

Carbon credit interest still at low level

The carbon credit market is bringing numerous benefits to the wider community, but current business knowledge and interest in this advantageous market has much room to develop.
Suitable market conditions for carbon credit transactions

Suitable market conditions for carbon credit transactions

Vietnam has made a significant leap in its climate policy by committing to ambitious emission reduction targets.
Next stage reached in carbon credit sphere

Next stage reached in carbon credit sphere

International cooperation policies are essential to develop the carbon credit market in Vietnam, but the market as a whole still has to be built in an effective manner in terms of legality and process.
Interest must rise for carbon exchange

Interest must rise for carbon exchange

Vietnam is planning to create a carbon credit market for companies to join but careful preparations and increased awareness will be needed for it to work.
Suitable workforce craved for carbon credit market

Suitable workforce craved for carbon credit market

The plan to establish the first carbon credit exchange in 2025 places Vietnam with a huge task of training enough professional forces to participate in the market.
Key components can provide basis for carbon credit market

Key components can provide basis for carbon credit market

Companies in Vietnam must begin to report their carbon inventory and participate in carbon credit exchanges. Lam Nguyen Hoang Thao, senior associate at Russin & Vecchi, provides deep analysis of the issue.
Revealing the truth about the carbon credit market

Revealing the truth about the carbon credit market

Carbon credits have recently made headlines in Vietnam, with the concept often surrounded by overblown expectations of an easy option, or suspicions of what feel unlikely attempts to cancel out greenhouse gas emissions.
Vietnam capable of earning 200 million USD per year from carbon credit trade

Vietnam capable of earning 200 million USD per year from carbon credit trade

Vietnam is capable of selling some 40 million carbon credits for a revenue of 200 million USD annually, the Department of Forestry has calculated.
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.
Vietnamese carbon market yet to achieve lift off

Vietnamese carbon market yet to achieve lift off

The establishment of the country’s first carbon credit trading floor demonstrates proactive adaptation of international environmental rules, but current policy may impede Vietnam’s market growth process.
Vietnam poised to become large-scale carbon credit market

Vietnam poised to become large-scale carbon credit market

The Emissions Reduction Purchase Agreements (ERPAs) for 11 forests will lay the foundation for Vietnam's large-scale carbon credit market.