Developing green economy and green agriculture is a ‘growing trend’ in Vietnam which will help it reach the ‘net zero’ goal by 2050 as committed at COP 26. However, many business owners think that it is far-fetched and unnecessary for now.

The Directorate for Standards, Metrology and Quality under the Ministry of Science and Technology has issued ISO standards regarding climate change adaption as a practical action to realise Vietnam’s net zero commitments.

The Ministry of Natural Resources and Environment has issued a plan on solutions to realise Vietnam’s commitment to cutting emissions to net zero by 2050 announced at the 26th UN Climate Change Conference (COP26) in the UK in 2021.

The Ministry of Natural Resources and Environment has issued an action plan to reduce methane emissions till 2030, with six major tasks.

While joining Japan’s fresh carbon neutrality initiative, Vietnam has continued enjoying international assistance in its drive to achieve its net-zero emission dream by mid-century.

With its huge need for funding to fulfil its international commitment to achieve net-zero emissions by 2050, which has been backed by an international initiative, Vietnam is set to formulate new policies this year to mobilise more resources.

Vietnam needs financial resources to develop and fulfill its commitments on green development.

The Ministry of Transport has recently issued a plan with supportive measures for vessel owners to develop container ships with zero carbon emissions by 2030.