Vingroup is leveraging its electric mobility business to generate carbon credits. (Photo: VinFast)
Vingroup has built the data infrastructure needed to generate and trade carbon credits from its electric mobility ecosystem, positioning the Vietnamese conglomerate to become a major corporate supplier as the country develops its domestic carbon market.
Tran Ky Anh, Carbon Credit Trading Manager at Vingroup, said the company has established a measurement platform capable of supporting up to 4.5 million carbon credits from electric vehicles and charging infrastructure.
Each V-Green charging station is connected to a centralized management platform through a smart electricity meter. The system collects and updates charging data in real time, providing the traceability needed to meet international measurement, reporting and verification standards.
Unlock the full article to explore three key takeaways:
- Vingroup has built real-time MRV infrastructure across its V-Green charging network, supporting the development of up to 4.5 million carbon credits across two projects and giving the group a scale few Vietnamese companies can match.
- The group is targeting four major carbon market channels: Article 6, CORSIA, Vietnam’s domestic emissions trading system and the voluntary carbon market. It is also pursuing Japan’s Joint Crediting Mechanism as a bilateral route for exporting credits.
- Vietnam’s carbon exchange began trading in June, with more than 511 million tonnes of CO2e in allowances allocated for 2025–2026. This could create a substantial domestic buyer base for project developers alongside international demand.
