Hanoi, June 29 -- Vietnam officially launched the pilot phase of its domestic carbon market on June 29 with the debut of its national carbon trading platform, marking a significant milestone in mobilising green finance, advancing the country's low-carbon transition and supporting its goal of achieving net-zero emissions by 2050.

Laying the groundwork for carbon trading

The launch follows a series of key policy measures introduced in 2026. The Government issued Decree No. 29/2026/ND-CP establishing the domestic carbon exchange, while the Prime Minister approved pilot greenhouse gas emissions quotas for 2025-2026 under Decision No. 263/QD-TTg. With the legal framework largely in place, emissions quotas have been allocated to 110 major emi...