Ho Chi Minh City businesses eye opportunities from carbon market
Ho Chi Minh City, Aug. 19 -- With its large business base, Ho Chi Minh City has significant demand for emission allowances and carbon credits, while further improvements are needed in regulatory mechanisms, data systems and verification capacity to facilitate business participation. Improving mechanisms, removing bottlenecks Deputy Minister of Agriculture and Environment Le Cong Thanh said Vietnam is shifting from policy development and refinement to the implementation and operation of the carbon market. The domestic carbon exchange began pilot operations on June 29, 2026, providing a platform for trading greenhouse gas emission allowances and carbon credits. The policy framework for greenhouse gas emissions reduction and carbon market de...
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