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Vietnamese businesses have more opportunities to join carbon markets
To encourage businesses to develop green, the Ho Chi Minh City Union of Business Association (HUBA) and SGGP Newspaper jointly implemented a program so that Vietnamese businesses have more opportunities to join carbon markets.
Mekong Delta farmers cultivating rice as part of VnSAT project
Under the Vietnam Sustainable Agriculture Transformation Project (VnSAT), Mekong Delta farmers are developing high-quality low-emission rice and sell carbon credits.
Mangrove forests can yield high volume of blue carbon credits
One hectare of mangrove forest has a carbon absorption capability five times higher than one hectare of terrestrial forests. This is an important source of blue carbon credits, a high-end, very valuable product from nature.
Co-op owner sells bananas, wants to earn carbon credits
“Our bananas have been in high demand in recent years. They have always sold, even during the Covid-19 pandemic,” said Ly Minh Hung, director of Thanh Binh Cooperative.
Ben Tre’s coconut trees ideal for earning carbon credits
Scientific studies show that the Mekong Delta province of Ben Tre possesses great potential for carbon neutrality.
Agriculture ministry explains why Vietnam’s carbon credit is priced at US$5
The Ministry of Agriculture and Rural Development (MARD) has suggested transferring 1 million tons of carbon out of the 5.9 million tons leftover in 2018-2019 at $5 per ton, a price much lower than European credits.
US$5 per carbon credit is acceptable price: Ministry
Many people believe that Vietnam is selling carbon credits too cheaply, just $5 per carbon credit, but the Ministry of Agriculture and Rural Development (MARD) has denied this.
Agriculture Ministry to put 5.9mil tons of carbon into auction
Of the 5.9 million tons of leftover carbon, the Ministry of Agriculture and Rural Development (MARD) wants to transfer 1 million tons to the World Bank, and put the remaining into auction via international trading floors.
Vietnam eats forests by planting large timber forests to sell carbon credits
In the story ‘We Have Eaten The Forest’ of a Montagnard village in the Central Highlands of Vietnam, ethnologist Georges Condominas tells about the ancient way of ‘eating the forest’, which is to preserve the forest culturally.
Vietnam earns 51.5 million USD from first forest carbon credit sale
2023 marked a significant milestone for the forestry sector as Vietnam successfully sold 10.3 million forest carbon credits (10.3 million tonnes of CO2) for the first time through the World Bank (WB) for 51.5 million USD.
Vietnam has first more than US$41 million from selling forest carbon credits
This is the first agreement on emission reduction to be successfully implemented in Vietnam, contributing to forest management and protection and improving people’s lives.
Carbon credits undercut climate change actions says report
The vast majority of carbon credits generated by Russia and Ukraine did not represent cuts in emissions, according to a new study.
