Dr. Nguyen Nhat Ha Chi, Head of ESG at Dragon Capital, tells Ngoc Lan from Vietnam Economic Times about the role of Vietnam’s newly launched carbon exchange as a key milestone in the country’s net-zero journey.
The Ministry of Agriculture and Environment is the sole authority empowered to issue and manage domestic codes and serial numbers for greenhouse gas emission quotas and carbon credits on the National Registry.
BCG Eco’s new collaboration with Singaporean partners aims to expand Vietnam’s carbon credit projects, advancing sustainability and international market integration.
The world is rapidly moving towards green development, promoting green transition as a new driving force for fast and sustainable growth, November 23 seminar hears.
According to the Vietnam Chamber of Commerce and Industry (VCCI), Vietnamese enterprises have produced and traded carbon credits on international exchanges but these transactions have not received much attention, leading to a risk of missing out on about 57 million carbon credits worth hundreds of millions of dollars. The pricing of carbon is not only a new resource but also an opportunity to improve competitiveness.