Green Economy

The project will include a 1,500 MW gas-fired power plant and an LNG terminal with a capacity of 1 to 1.2 million tons per year.

As Vietnam prepares to operate a carbon market by 2029, the potential its forests hold in the green finance space grows in importance.

The province will resolutely refuse or cease the attraction of projects with high pollution risks or those belonging to sectors categorized by the Government as having a high potential for environmental degradation.

This enormous demand necessitates the diversification of capital mobilization channels, with a particular emphasis on increasing private sector participation, developing capital markets, and ensuring the efficient allocation of financial resources.

The BYD battery manufacturing plant project has a total investment of $130 million.

Vietnam’s transition to a sustainable economy is creating new job opportunities but also reveals that demand for workers with green skills far outpaces the labor market’s ability to supply them both globally and in Vietnam.