 Deputy Prime Minister Tran Hong Ha chairs a meeting in Hanoi on July 12, 2024, on the establishment of a carbon market in Vietnam. |
He said that many countries around the world have already set up carbon markets and Vietnam cannot be left behind, given its significant potential for carbon credits.
The development of a carbon market will help Vietnam fulfill its international commitments to reducing net greenhouse gas emissions, adapt to the rapid changes in major export markets, and create momentum for a green transition, he said.
150 programs and projects in Vietnam have already been granted over 40.2 million carbon credits which have been traded on the global carbon market.
