Two options for enacting a carbon tax scheme have been proposed to mitigate the impact of the EU’s carbon border adjustment mechanism on exporters.

Both foreign and local steel businesses are preparing for the upcoming implementation of the EU's Carbon Border Adjustment Mechanism.

The Southeast Asia Energy Transition Partnership, in coordination with the DCC, has kicked off a series of events on emissions trading in Vietnam.

With the European Union to begin use of the Carbon Border Adjustment Mechanism in October, the changes will have a direct impact on four categories of industrial products exported by Vietnam to the EU.

Vietnam’s market for carbon credits is likely to heat up, bringing with it various challenges for both regulators and businesses.

Vietnamese manufacturing exporters will be under pressure to invest in greener solutions once the European Union adopts a resolution on placing a carbon tax on some products from outside the bloc that do not meet decarbonisation standards

This year marks an important World Environment Day for all of us. More than ever, the COVID-19 pandemic is a somber reminder of why we have to protect our environment in order to protect our health and our economy. Vietnam has been a global success story in how the government responds and controls the pandemic and its impacts on the Vietnamese people’s health and safety. The focus now is very much on economic recovery and turning the pandemic challenge into an opportunity for Vietnam to transform faster into a green and sustainable economy.