Urgently build forest carbon standards in Vietnam
(VAN) Director of the Forestry Department Tran Quang Bao proposed 7 critical tasks in the coming time to help forest owners create a stable financial source for forest protection and development.
Vietnam has a vast carbon storage sink beneath the ocean
(VAN) It is called a seaweed carbon sink because, compared to forests, its carbon absorption capacity is higher, as nearly all the solar energy is stored in the form of biomass.
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Carbon credit trading floor in Vietnam is expected to operate in 2028
(VAN) The carbon market development project, chaired by the Ministry of Finance in coordination with the Ministry of Natural Resources and Environment, has fully built the necessary regulations for implementation as soon as possible.
Up to 64% of businesses have not made any preparations for the 'green transition'
(VAN) While the green transition is becoming a global 'race,' up to 64% of Vietnamese businesses participating in a survey conducted by the IV Board stated that they are 'not prepared at all'...
More than 4.7 million hectares of forest can sell carbon credits
(VAN) About 80% of Vietnam's carbon reserves are in natural forests, but this area will remain unchanged until at least 2030, according to forest closure regulations.
Dak Lak sells nearly 17 tons of carbon from planting rice
(VAN) A business has purchased nearly 17 tons of carbon from rice at USD 20/ton. This makes Dak Lak the first locality in Vietnam to sell carbon credits.
Research on introducing the coconut industry to the carbon market
(VAN) The coconut gardens in Ben Tre can store between 1.9 to 5.8 million tons of CO2, and contribute to a green economy in the carbon credit market.
Vietnam has great potential, but currently, it is only suitable for selling voluntary carbon credits
(VAN) While carbon credits on trading platforms can reach hundreds of USD, under current conditions, Vietnam is not yet able to participate in this market.
The sooner carbon credit trading is implemented, the more beneficial for exporters
(VAN) When Vietnam has not yet established a carbon credit trading market, goods exported to Europe will have to pay 100% of the carbon fees for emissions that exceed the quota.
Editor-in-Chief Nguyen Ngoc Thach: Creating a greener future with carbon credits
(VAN) The seminar on carbon credits and human resource training for the carbon market attracted nearly 100 in-person delegates and connected at peak of 700 participants nationwide.