The Vietnamese government has proposed prioritizing controls on high-emission and fossil fuel-powered vehicles in low-emission zones. The proposal is part of draft amendments to the Law on Environmental Protection presented to the National Assembly on Saturday.
Ensuring national energy security and a sufficient electricity supply is fundamental to successfully achieving Vietnam’s socio-economic development goals.
Reducing emissions becomes the priority mission for all countries in the world and the lodestar for investment trends.
The building of Vietnam’s carbon market’s institutional, technical, and regulatory foundations has proceeded apace since the carbon exchange came into being on June 29, a recent forum heard.
Relevant authorities need to have preferential policies regarding prices and tax rates, and those providing support for investors in accessing loans for renewable energy projects, said insiders.
With Vietnam setting ambitious offshore wind targets, global players like DNV are eyeing opportunities to transfer international experience and build local capacity. Zhang Minghui, Asia-Pacific offshore wind lead at DNV Energy Systems, gave VIR’s Nguyen…
Vietnam will need about 400 billion USD between now and 2040 to respond to climate change, according to the Climate Change Department under the Ministry of Natural Resources and Environment.

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