Vietnam opens door to international carbon credit trading

The Vietnamese Government has introduced a legal framework allowing the sale and transfer of carbon credits to international markets for the first time, creating a new revenue stream for the state and businesses while supporting emissions reduction commitments.
Under the regulation, international exchanges must comply with the Paris Agreement, transparency via a national registry, and safeguards against double counting through corresponding adjustments.
Notably, all international exchanges must be recorded and publicly disclosed on Vietnam’s national registry system. The sale of emission reduction outcomes and carbon credits from public investment programmes and projects requires consultation with relevant line ministries.
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