Business

The development of carbon markets continues apace around the world, with Vietnam now looking to enter the next stage of its journey.

The framework establishes seven core principles, emphasizing result-based governance and real-time data-driven leadership. A key highlight is the shift toward smart operations with an "AI-First" priority.

This initiative is part of the city’s broader goal to complete 120,000 social housing units during the 2026–2030 period.

"The passing of the SHANTI Bill by both Houses of Parliament marks a transformational moment for our technology landscape. My gratitude to MPs who have supported its passage. From safely powering AI to enabling green manufacturing, it delivers a decisive boost to a clean-energy future for the country and the world. It also opens numerous opportunities for the private sector and our youth. This is the ideal time to invest, innovate and build in India," Indian Prime Minister Modi stated.

China remained Vietnam's top trading partner with a 22.3% market share. The United States ranked second at 20.6%, followed by Japan at 7.1%.

Banks continue to be the major players, accounting for 67.7% of the total issuance value.