The drafting and implementation of Vietnam’s third Nationally Determined Contribution (NDC) represents its firm commitment to global climate change response.
Several regional countries have registered projects with Japan under the Joint Crediting Mechanism (JCM), providing both momentum and valuable experience for Vietnam.
Vietnam Economic Times / VnEconomy sought the opinions of various experts on Vietnam’s journey into the international carbon market, highlighting regulatory progress, corporate efforts, and opportunities for global collaboration.
Mr. Tang The Cuong, Director General of the Department of Climate Change at the Ministry of Agriculture and Environment, tells Vietnam Economic Times / VnEconomy’s Phan Anh about Vietnam and Japan’s cooperation in the Joint Credit Mechanism.
The project is expected to become operational in early 2026, covering an area of 9 ha with a total investment capital of $45.5 million, located within the Kim Long Motor Hue Industrial Park.