Green transport underpins the development of a green economy. It requires establishing policies, attracting resources, and innovating economic tools to address climate change, manage resources, and protect the environment.

Major challenges are forcing agricultural production towards a more sustainable development and lower emissions.

Just as the forestry sector has tapped into the carbon credit market, the aquaculture sector, particularly seaweed farming, is emerging as a promising avenue with the potential to store up to 1,500 tonnes of greenhouse gas per square kilometre.

Many banks have recently poured thousands of billions of Vietnamese dong into green projects.

Vietnam is becoming a regional leader in infrastructure investment, with an investment level reaching 6% of GDP, significantly higher than the ASEAN average of 2.3%.

The State Bank of Vietnam (SBV) is pushing all credit institutions to go green in terms of banking and credit.

During the Asian Meeting of the Econometric Society (AMES) 2024, held in Ho Chi Minh City, economic experts offered valuable insights and suggestions to propel the city toward green transformation and sustainable development.

Sea grapes, not just a superfood beneficial for health, also have the remarkable ability to clean the marine environment where they are cultivated.

The development of eco-industrial parks is not an easy task when there are many obstacles in terms of mechanism, determination and participation of enterprises, experts have said.

Pizza 4P’S, a restaurant chain, and Diageo, an alcoholic beverage company, have created green buildings and works. VietinBank requires green certificates for financial packages.

The application helps minimise waste in production and business activities, save production costs, thus creating environmentally friendly products and services, and developing responsible businesses, he explained.

Marine resources, plus sun and wind power, can offer great opportunities to Vietnam in producing and using green hydrogen for sustainable development.

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.

Going green is becoming vital for Việt Nam to tap opportunities arising from the UK – Việt Nam Free Trade Agreement (UKVFTA) to expand exports to the...

The International Finance Corporation (IFC) estimates that Vietnam's climate investment opportunities will reach up to 757 billion USD by 2030, focusing on renewable energy, green construction, energy efficiency and transportation.

Vietnam is soon to introduce a new set of national criteria aimed specifically at speeding the development of green industries, in line with international standards, according to the Ministry of Planning and Investment (MPI).

Vietnam, one of countries that may be significantly affected by natural disasters and climate change, recognises that green growth is one of the crucial strategies to achieve rapid and sustainable development.

Many Vietnamese micro, small and medium-sized enterprises have not prioritised the transition to green development due to many limitations such as human resources and access to capital, according to experts.

Although Vietnam’s e-commerce has recorded remarkable growth in recent years, related businesses are scrambling to improve sustainability due to a lack of suitable regulations.