Green Economy

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.

Vietnam has been and is fully preparing a legal basis, technical infrastructure, and production capacity to synchronously implement the use of E10 gasoline nationwide from 2026.

The forum served as a dynamic platform for businesses from both countries to connect, exchange insights, discuss policy frameworks, and chart future development strategies.

With recent strong commitments from the government and growing public awareness about the shift away from gasoline-powered vehicles, Vietnam’s electric vehicle market is certain to make significant strides forward in the future.

Vietnam is accelerating the development of its carbon market by tapping into international mechanisms like the JCM to access finance, technology, and transparency.