A total of seven transactions have been recorded, with the latest taking place on September 15, since the domestic carbon exchange was launched and began operating on the platform of the Hanoi Stock Exchange (HNX) on June 29, 2026.
As of now, 1,310 emission allowances have been traded on the domestic carbon exchange, said Mr. Nguyen Tuan Quang, Acting Deputy Director of the Department of Climate Change, Ministry of Agriculture and Environment.
According to Mr. Quang, there are two types of commodities traded on the carbon exchange: greenhouse gas emission allowances and carbon credits.
Emission allowances were allocated for the 2025–2026 period. In 2027, facilities that were allocated allowances will be required to surrender them in accordance with regulations.
Under current regulations, only three types of carbon credits are eligible for trading on the carbon exchange.
First are carbon credits generated under bilateral cooperation mechanisms between Vietnam and its partner countries, in accordance with Article 6.2 of the Paris Agreement.
Second are carbon credits issued under the United Nations carbon standard, pursuant to Article 6.4 of the Paris Agreement.
Third are carbon credits issued by competent Vietnamese authorities for projects in the agriculture and environment, industry and trade, and construction sectors.
Regarding carbon credits under Article 6.2, Vietnam has already launched cooperation with Singapore and Japan. Meetings of the Vietnam–Singapore and Vietnam–Japan Joint Committees are scheduled to take place in the coming period. The earliest projects under these mechanisms are expected to be launched in December 2026, helping increase the supply of carbon credits available on the exchange.
Meanwhile, 23 projects in Vietnam have received approval letters from the Ministry of Agriculture and Environment to transition to Article 6.4 of the Paris Agreement, with more than 10 million potential carbon credits for the 2021–2025 period.
Project participants are actively completing additional requirements under the United Nations Framework Convention on Climate Change (UNFCCC) so that the projects can be officially registered and the credits issued. In the coming period, once these credits are issued, they are expected to provide a relatively large source of supply for the market.
As for carbon credit standards developed and issued by competent domestic authorities, Vietnam’s forest carbon credit standard was recently issued by the Minister of Science and Technology on August 11, 2026.
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