VET Exclusive
Learning experience from other carbon markets
Having begun a piloted carbon exchange, Vietnam can look to the experience of others in determining what may lie ahead.
Banking & Finance
Ministry proposes to raise revenue-based tax threshold to $380,000
According to the proposal, household and individual businesses with total annual revenue not exceeding VND10 billion ($381,000) in 2026 and 2027 will be eligible for a 30% reduction in personal income tax (PIT) for each respective year.
VET Exclusive
Prospects for carbon market development
Much has been done to establish the legal framework and introduce the cooperative agreements needed to operate a carbon market in Vietnam and efforts are ongoing.
Around $11 bln proposed for capital region’s projected Ring Road 5
The proposed Ring Road 5 will span approximately 349 km, passing through seven provinces and cities.
Major contents of the Party Central Committee's Resolution on innovation of development model
The resolution was approved by the 3rd plenum of the 14th Party Central Committee, which took place between July 20-24.
National special program on science, technology and innovation for strategic technologies approved
Vietnam expected to master at least four strategic technologies in the 2026–2030 period.
More rigorous approach to international carbon market
The international carbon market will see significant changes under Article 6 of the Paris Agreement that call for detailed and thorough preparations.
Establishment of 496-ha hi-tech park in northern Hung Yen province approved
The park will focus on high-tech activities in line with Vietnam’s national high-tech development policies.
Enabling market entry for carbon credits
Issued in April, Decree No. 112 makes possible the international exchange of greenhouse gas emissions and carbon credits.