The launch is expected to accelerate green transition, foster a low-carbon economy and provide businesses with new market-based tools to achieve sustainable development goals.
Vu Thi Chan Phuong, Chairwoman of the State Securities Commission, said that to support businesses during the pilot phase through the end of 2028, the Government has issued Decree No. 29, stipulating that the Vietnam Stock Exchange, the Hanoi Stock Exchange, and the Vietnam Securities Depository and Clearing Corporation will waive service fees on the domestic carbon trading platform.
“This practical policy demonstrates the Government’s commitment to reducing market participation costs and encouraging enterprises to implement emission reduction solutions, innovate technologies, and pursue sustainable development,” Phuong noted.
The new carbon exchange marks a major milestone in the development of Vietnam’s carbon market, helping Vietnam honor its international commitments on reduction of greenhouse gas emissions while promoting green growth and a low-carbon economy.
Nguyen Anh Phong, Chairman of the Hanoi Stock Exchange, said, “After the market comes into operation, the Hanoi Stock Exchange will continue to coordinate with relevant agencies to ensure that the market is managed and operated safely, efficiently, publicly and transparently.
“We will also intensify communication and promotional activities to encourage emitting enterprises to participate in the market and help organizations interested in carbon credits access this new type of trading,” Phong added.
Under a decision by the Prime Minister, greenhouse gas emission quotas for the 2025-2026 pilot phase have been allocated to 110 facilities in high-emission industries, with the total volume of quotas registered for trading reaching 511 million tons of carbon dioxide.
