Green Economy

With full implementation of the EU Carbon Border Adjustment Mechanism (CBAM) and stricter Environmental, Social, and Governance (ESG) standards, the green transition has become a matter of survival, rather than a voluntary choice, for enterprises in industrial zones.

Vietnam’s new energy challenge is to align AI-driven growth with green investment and net-zero ambitions.

By advancing low-carbon industrial zones, clean energy, and a pilot carbon market, the new partnership positions the northern port city as a top destination for green investment.

Vietnam has proposed key international initiatives to simplify access to global climate finance, de-risk private green investments, and establish high-integrity standards for carbon markets at the 17th Session of the Conference of the Parties (COP17) to the United Nations Convention to Combat Desertification (UNCCD), hosted by Mongolia from August 17-28.

Among the nine core principles identified by the smart city project, the most notable is the order of priority: placing citizens and businesses at the center; using data as the foundation; ensuring interconnection, integration, and shared usage; guaranteeing information security and privacy.

As their economic importance increasingly comes to the fore, a growing variety of interests are seeking opportunities along Vietnam’s coastline and sea areas.