US Presidential Envoy for Climate John Kerry, who is paying a visit to Vietnam, spoke to local media about the US’s support to Vietnam during the process of energy transition.

Although the Vietnamese government is advocating the development of a low-carbon economy, many businesses are scratching their heads over applying proper solutions to make their performance more environmentally friendly.

Vietnam made a commitment to net zero emissions - Net Zero by 2050 - at the 2021 United Nations Climate Change Conference (COP26). This will have a significant impact on the way energy is used in the country.

With its strong commitment to bring greenhouse gas emissions to a net-zero level over the next three decades, Vietnam has begun to receive assistance from the international community in order to materialise this strategy,

The Vietnam Business Forum (VBF) Environment Working Group proposed developing an emissions trading system (ETS) and a carbon credit market.

Three years of free registration fees shall be applied to electric cars purchased or acquired from March 1, 2022.

HCM City has been piloting a free-of-charge motorbike emission test to remove old and poor quality vehicles from the roads, reducing emissions into the air and improving environmental quality. However, there have been some bumps in the road. 

Faced with worsening air pollution, Vietnam is developing a system to monitor and manage greenhouse gas emissions. 

Regulations on recalling outdated motorbikes took effect on January 1, 2018 under Decision No. 16 of the Prime Minister, but the recalling of outdated vehicles remains a “mission impossible”.

The Ministry of Transport has implemented a series of measures to control the emission of pollutants from motor vehicles, Head of the ministry’s Department of Environment, Tran Anh Duong, has said.

Super-old motorbikes without lights or mirrors carrying bulky things still run on the streets of Saigon, threatening the safety of others.

Recalling old substandard motorbikes to ensure traffic safety and reduce air pollution is a necessity, but this cannot be done easily because motorbikes are the livelihood of the poor.

Owners of motorbikes more than 18 years old and failing to meet emission standards in Hanoi may receive a subsidy to purchase a new bike under a programme proposed by the city’s Department of Natural Resources and Environment.

A plan for collecting an emission-related fee in Vietnam will require the relevant ministries to speed up work.

The HCMC Department of Transport is mulling over a scheme to control emissions from scooters and motorbikes on a trial basis.

The program on payments for forest environmental services (PFES), supervised by the Vietnam forest protection and development fund (VNFF) at the national level with coordination of 44 provincial funds, has seen positive results, reports have found.

VietNamNet Bridge - Vietnam has spent four years to prepare for the application of Euro 4 emission standards, but many problems still exist.

VietNamNet Bridge – Viet Nam will launch a carbon-finance programme that will help green the country's national electricity grid in a commercially sustainable manner.

In the context of the non-refundable aid decrease from developed economies, the implementation of NAMA would be a good solution for Vietnam to receive financial support and technology transfer.