Acting Chairman of the People's Committee of Quang Tri province Ha Sy Dong expressed his hope that the collaboration will effectively contribute to Vietnam’s and Italy’s international ecological environment commitments.

The carbon market not only alleviates environmental pressure but also offers significant financial advantages, supporting businesses in adopting green technologies without bearing the full burden of costs, experts said at a discussion on Vietnam’s carbon credit exchange mechanism.

Vietnam needs to establish a specific roadmap for the transition to green energy as well as design and manage the emissions trading system toward the official operation of the carbon market in 2028, according to experts.

Carbon credits could become a key measure of success in sustainable rice farming, according to Dr Nguyen Do Anh Tuan, Director General of the International Cooperation Department of the Ministry of Agriculture and Rural Development (MARD).

Vietnam will operate its carbon credit market on a trial basis during 2025-2028 without any sales to foreigners as well as regulations on credit exchanges with regional and global markets, heard a meeting in Hanoi on October 7.

VOV.VN - Vietnamese Deputy Prime Minister Nguyen Hoa Binh proposed five priority areas for cooperation between Vietnam and Hong Kong (China) to leverage the complementary strengths of the two economies at the ninth Belt and Road Summit on September 11-12.

Businesses, factories, industrial parks and export processing zones need to have road maps and measures for switching from traditional to green models to meet the global sustainable trend and enhance their competitiveness, and attract investment, a seminar heard in Ho Chi Minh City on August 8.

VOV.VN - Vietnam earned US$51.5 million from selling 10.3 million forestry carbon credits last year, opening up a significant opportunity for the country to speed up the transition to green production.

Vietnam's wood industry has opportunities to engage in the carbon market as the whole world is pushing ahead for a greener economy, heard a recent dialogue in Ho Chi Minh City.

FPT Information System Company Limited (FPT IS) and Carbon EX have just signed a Memorandum of Understanding on cooperation in providing services and solutions to promote carbon credit projects.