Legal framework set up for domestic carbon exchange

Vietnam has established a legal framework for its domestic carbon exchange, marking a key step toward launching a national carbon market. The framework defines rules for carbon credit issuance, trading, and market oversight, with a phased rollout starting from pilot operations. Under the decree, the Hanoi Stock Exchange will operate the trading system, the Vietnam Securities Depository and Clearing Corporation will handle custody and settlement, and the Vietnam Stock Exchange will oversee overall market supervision. The structure formalizes Vietnam’s carbon market infrastructure and supports its integration into regional and global carbon trading systems.
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