Vietnam stands at a pivotal juncture as it seeks to actualise its net-zero carbon ambitions by 2050, with the launch of a domestic carbon credit market closely seen as a strategic instrument to catalyse greenhouse gas mitigation.
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.
Singapore’s Energy Market Authority (EMA) on October 24 announced that it has given tentative approval for plans to import 1.2 gigawatts (GW) of primarily wind-generated electricity from Vietnam.
VOV.VN - Ho Chi Minh City’s Index of Industrial Production (IIP) in the first nine months of this year soared by 3.2% year-on-year, regaining its attractiveness to foreign investors, suppliers and clients.
VOV.VN - Four Japanese banks are set to co-finance a total of US$300 million to provide credit lines to power producers using renewable energy in Vietnam as part of efforts to help the growing country in its decarbonising process.
VOV.VN - Shoppers want brands to embrace sustainable practices as consumer awareness of sustainability is spreading. Unilever Vietnam proves future-fit through tapping into consumer trends towards sustainable development.
VOV.VN - The Business Times published an article on February 8 quoting Singapore’s Foreign Minister Vivian Balakrishnan as sayings that Vietnam and Singapore need to step up cooperation in digital economy and sustainable development.
VOV.VN - Vietnam joined with other countries at a plenary session of the 77th UN General Assembly on October 27 to share their view on the important role of the International Court of Justice (ICJ) in handling international disputes peacefully.
VOV.VN - Ambassador Le Thi Tuyet Mai, head of the Vietnamese Delegation to the UN, World Trade Organization and other international organizations in Geneva, attended the Building Bridges Week 2022 in Switzerland from Oct. 3-6 to mobilize finance for nature conservation and climate goals.
Developing energy-efficient buildings is an inevitable trend for Vietnam to achieve its environmental objectives.