The carbon footprint is emerging a new benchmark of competitiveness for Vietnam’s farm produce exports as global carbon markets take shape and environmental standards tighten.

Vietnam has put in place a comprehensive legal and institutional framework for its domestic carbon market that integrates carbon credit and greenhouse gas emissions quota trading with the country's securities infrastructure, a move aimed at boosting transparency, efficiency and market breadth ahead of pilot operations.

As climate change intensifies and the global push toward net-zero emissions gathers pace, Vietnam is gradually shaping its carbon market, with forestry identified as a key pillar thanks to forests’ long-term capacity to absorb and store carbon dioxide.

Vietnam stands ready to become a reliable and dynamic partner, a place where the UK's technologies can spread, develop, and generate new value for businesses and people of both nations, as well as for the region and the world, General Secretary of the Communist Party of Vietnam Central Committee To Lam has said.

Thailand’s Department of Foreign Trade (DFT) is seeking to extend anti-dumping duties on cold-rolled carbon steel imported from several countries, including Vietnam, for another five years, warning that lifting the measures could trigger renewed dumping.

Vietnam will receive US$5 million between September and October from the additional transfer of 1 million tonnes of CO2 to the World Bank under the Government's recent resolution regarding the transfer of excess greenhouse gas emission reductions from the north-central region for the 2018-2019 period.

VOV.VN - Green logistics has emerged as an irreversible trend, serving as a key driver to enhance competitiveness and ensure sustainable development for Vietnamese exporters.

VOV.VN - Vietnam is racing to complete a comprehensive legal framework to launch its national carbon market, a key step toward meeting its net-zero commitments and driving a low-carbon, competitive economy.

Vietnam is pushing forward with efforts to establish a legal framework for the forest carbon market, aiming to mobilise new financial resources for sustainable forestry and climate goals.

VOV.VN - Vietnam is expanding cooperation with the United Nations Commission on International Trade Law (UNCITRAL) to enhance its capacity in international commercial law and promote the development of a cross-border carbon credit market.