Green Economy

Vietnam has officially introduced a carbon exchange, marking a major step toward its net-zero goals and a market-driven approach to reducing emissions.

By upgrading the Nhue River system, the capital city aims to ensure proactive drainage and prevent flooding in inner-city areas, while progressively finalizing its approved general construction and drainage master plans.

Key infrastructure goals include completing procedures for two new industrial parks in 2026 and ensuring at least five industrial parks are operational by 2030, with an average occupancy rate of approximately 70%.

Notably, to obtain approval for a nuclear power plant site, the project investor must satisfy specific site-related requirements.

During a working session with Ms. Najat Mokhtar, Deputy Director General of the International Atomic Energy Agency (IAEA), Vietnamese Minister of Science and Technology Vu Hai Quan outlined three core priority directions for the joint action plan between the two sides.

The northern province is expected to become a key growth pole and a major development engine for the Hanoi Metropolitan Region and the Red River Delta.