Vietnam plans to officially run a carbon trade exchange in 2028, according to a draft carbon market project in Vietnam conducted by the Ministry of Natural Resources and Environment.
The market will enhance the activities of connecting and exchanging carbon credits between Vietnam and regional and international markets. According to the draft, the carbon credit market will commence pilot trading in 2025.
The project is based on the framework of the Government's Decree 06/2022/ND-CP, which details the reduction of greenhouse gas emissions, the protection of the ozone layer and the development of the carbon market.
