The Government's newly-issued Decree 396/2026/ND-CP clarifies the process of decentralizing the issuance of accounts for the national carbon credit system and to supplement procedures for forest carbon projects, effective from December 12, 2026.
The fund is envisioned to perform six primary mandates: mobilizing financial resources, wholesale concessional lending, interest rate subsidies,technical assistance, accelerating market transformation, and policy-driven investments.
As climate change worsens, the global construction industry is turning to green materials, and Việt Nam is well-placed to follow with its rich resources.
Spanning a total area of 200,000 hectares, Việt Nam’s mangrove forests are believed to not only have socio-economic and biodiversity values, but also act as large carbon storage areas that help capture emissions.
Việt Nam must develop charging infrastructure and ensure a stable electricity supply to prepare for the era of electric mobility transition.
Applying electricity generation prices at electric vehicle charging stations can help reduce operating costs, promote green transition and realize greenhouse gas emission reduction goals.
Fireside chat by Bruce Delteil, Managing Partner, Vietnam of McKinsey & Company

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