The initiatives aim to accelerate Vietnam’s energy transition and sustainable development agenda.
For foreign direct investment (FDI) enterprises, the biggest obstacle in entering a new market is often not infrastructure or logistics, but the predictability of government policy.
Forestry is the only sector in Vietnam that has minus net emissions, with a surplus of 40 million tons of CO2 each year, which has been likened to a ‘gold mine’.
Vietnam's long-term goal is connecting its carbon market to regional and global markets, including the EU, China, and South Korea.
Vietnamese enterprises are focusing on producing their own solar power to meet production needs as no more commercial solar power sources are planned to be put into operation between now and 2030.
The upcoming ban on gasoline-powered motorbikes within Hanoi’s Ring Road 1, combined with HCMC’s push to electrify ride-hailing services next year, is poised to ignite a race toward electric mobility.
Fireside chat by Bruce Delteil, Managing Partner, Vietnam of McKinsey & Company

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