Carbon credits from five provinces mark a new milestone in global climate cooperation.

With strong financial backing and ESG alignment, Agribank is helping Vietnamese businesses turn carbon credits into real economic assets.

Agriculture emissions of CO2 could be a new resource to tap into if farming shifts toward low-emission practices, experts say. There’s even potential to export carbon credits due to high global demand.

Low-emission farming could open the door to carbon credit exports, turning Vietnam’s agricultural emissions into a profitable resource.

With the green growth model, the carbon credit market is the decisive economic tool to promote greenhouse gas reduction and climate response.

The project is designed to accelerate the development of a low-carbon economy and address climate change, working toward the goal of achieving net-zero emissions by 2050.

Vietnam is set to pilot its carbon market operations in the second half of 2025, aiming to establish a foundation for sustainable emission reduction and green growth.

With a focus on the country’s net zero 2050 target, the event provided an opportunity to assess both the carbon credit mechanism and Việt Nam’s broader strategy for addressing climate change.

From 2025 to 2028, Vietnam will implement a nationwide pilot for its carbon market, but will not sell carbon credits abroad during this period, according to the latest draft proposal.

According to experts, the sooner the carbon market is organised, the more beneficial it will be for Viet Nam, helping us implement green strategies not only domestically but also globally.

As Vietnam considers implementing a carbon tax, experts are divided over its potential benefits and drawbacks. While some believe it will help reduce emissions, others warn of potential economic harm.

A stable political regime, high potential for carbon market, and the 16th global position in biodiversity are Vietnam's advantages in the world carbon credit market.

In the 2025-2028 period, the carbon market will be piloted nationwide, carbon credits will not be sold abroad.

Vietnam is capable of selling some 40 million carbon credits for a revenue of US$200 million annually, the Department of Forestry has calculated.

Vietnam is capable of selling some 40 million carbon credits for a revenue of 200 million USD annually, the Department of Forestry has calculated.

Participation in the carbon market is an opportunity for organizations and businesses to transform to green production, so many businesses are starting to pay attention.

Vietnam will soon perfect its legal framework for the future sale of carbon credits after the Southeast Asian country has sold 10.3 million forest carbon credits.

The challenges presented by the carbon credit market were the main talking points of a meeting on January 24.

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 US$51.5 million.