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The carbon credits market in Vietnam is designed to be in line with the practical conditions and development orientation of the country, committing to mitigate greenhouse gas emissions in line with international standards and the global carbon credits market trend. It aims to maximize the utilization of domestic economic resources in participating in greenhouse gas emission reduction activities.

The huge profits that come from selling clean air (reducing emissions) are sparking interest from organizations and businesses in every industry, not just projects that rely on nature like forest conservation, reforestation, carbon sequestration, biodiversity development, or CO2 removal technologies from landfills and water supply.

The carbon market in Vietnam is set to launch its pilot phase in 2025 and officially commence in 2028. Time is running out, with detailed policy mechanisms and the preparedness of businesses still lacking momentum. According to experts, for this mechanism to effectively function, political determination and active participation from multiple stakeholders are crucial.

Making money from selling forest carbon credits is not an easy task in reality.

After 15 years of operating in architecture and construction, our company has transformed into a pioneer in the emerging field of carbon credits in Vietnam. We have successfully established the first carbon credit trading platform in the country and positioned ourselves as a leading force in this sector. But what truly sets us apart is the expertise and capabilities of our executive team. How does our company's top management stack up?

In a world where many industries emit carbon, the timber industry stands out for its ability to carbon sink, effectively creating negative carbon emissions. This highlights the importance of sustainable logging practices and the production of wood-based products. The way we approach timber harvesting and the utilization of wood will greatly impact our carbon footprint in the future.

The West Jiang Power Design Institute was established in 1958, serving as a major force in the development of the energy industry in the West Jiang province of China, and leading the way in achieving the "double carbon" goal.

While other car manufacturers are gradually transitioning to electric vehicles, Toyota remains somewhat cautious about this trend.

The voluntary carbon market is considered to be one of the key tools in ensuring the fulfillment of commitments in reducing greenhouse gas emissions by 45% by 2030 and achieving net-zero emissions by 2050. Participating in the voluntary carbon credit market presents numerous opportunities and challenges for Ho Chi Minh City.

The European Union's import fees on carbon-intensive products are expected to have a limited negative impact on the economies in Asia and the Pacific, and to restrict climate change, according to a study by the Asian Development Bank (ADB).