Live · markets & policy across Asia

AsiaCarbonDesk

English-language intelligence on Asian carbon markets & carbon removal

Vietnam to Launch Pilot Carbon Credit Trading Exchange

Vietnam’s government moved to advance its domestic carbon market framework on 7 October 2024, when Deputy Prime Minister Trần Hồng Hà chaired an inter-ministerial working session at the Government Headquarters in Hanoi. Officials from multiple ministries and agencies gathered to review progress reports and reach consensus on the key elements needed to complete a formal proposalfor establishing and developing Vietnam’s carbon market.

Article keyword tags indicate that the Ministry of Natural Resources and Environment and the Ministry of Finance were among the parties involved, and that allocation of responsibility for greenhouse gas emissions management was among the issues discussed. A pilot carbon credit trading exchange is described as the intended outcome of the process, though the source provides no detail on the pilot’s timeline, scope, or proposed regulatory structure.

Source