Green Economy

With its substantial forest coverage, Vietnam has the potential to generate major income from selling carbon credits.

Vietnam is gradually realizing its commitment to achieving Net Zero through transforming the green growth model, encouraging the use of renewable energy and developing low-emission agriculture.

Vietnam's approach also ensures alignment with the national and sectoral development plans for 2021-2030 and 2026-2030, aiming for the long-term goals of the National Climate Change Strategy until 2050.

Hon Trau Wind Power Plant Project (Phase 1) has a designed capacity of 750 MW, expected to be completed and put into operation no later than the fourth quarter of 2029...

Running until March 2028, the project is part of Canada's commitment to support the development of a high-quality forest carbon market in Vietnam.

With its substantial forest coverage, Vietnam has the potential to generate major income from selling carbon credits.