Viet Nam is undergoing a strong transformation, shifting from a traditional energy-dependent economy to a green, low-emission growth model. Its commitment to achieving net zero emissions by 2050 is no longer merely a political declaration, but is increasingly being translated into concrete and decisive actions.
Myriad legal instruments have been introduced over the last few years as Vietnam prepares to establish and operate a carbon market.
Decarbonisation became vital for the steel industry to enhance competitiveness while developed economies were taking steps to address carbon leakage risk.
A political firestorm has engulfed clean energy permitting, future plans are in limbo and project developers are cutting manpower in the country that holds some 70 per cent of renewables capacity in Southeast Asia.
Vietnam’s current development highlights the urgent need to accelerate the global energy transition. John Rockhold, head of the Power and Energy Working Group under the Vietnam Business Forum, looks at how events have demonstrated the…
Vietnam is positioning itself to tap into the potential of carbon markets, marking a significant move towards addressing climate change while also reaping economic rewards.
Vietnam is recognised as one of the countries with the richest biodiversity in the world with different ecosystems including tropical forests, marine and coastal ecosystems. However, experts from the World…

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