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Vietnam eyes investment in green energy to grow carbon market

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Vietnam’s is seeking investment in clean energy  as part of its plan to develop a carbon market for the purpose of meeting net zero emissions by 2050.

Speaking at a recent meeting in HCM City, Karl Van den Bossche,  Belgian ambassador  to Vietnam, said the country has potential to draw investment in clean energy which plays a key role in achieving net zero emissions.

"With the ambition to achieve net-zero emissions, the cost of Vietnam’s decarbonization roadmap by 2040 is estimated at a hefty 368 billion USD," he said.

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