Vietnam has officially introduced a carbon exchange, marking a major step toward its net-zero goals and a market-driven approach to reducing emissions.
As Vietnam looks to modernize its growth model, policymakers are betting that International Financial Centers in Ho Chi Minh City and Da Nang can help channel the capital needed to power the country’s next stage of economic development.
Dr. Vipra Pandey, Consul General of India in Ho Chi Minh City, tells Vietnam Economic Times / VnEconomy’s Nhu Quynh about the tangible outcomes Vietnam-India cooperation has brought over the past decade.
The Ring Road 4 project is divided into several components, with site clearance handled separately by the three involved localities: Hanoi, Bac Ninh, and Hung Yen.
South Korea was the largest investor with $1.34 billion (accounting for 37.8% of the total newly registered capital). Singapore followed with $1.1 billion (31.1%), China $522.8 million (14.8%), and Japan $171.0 million (4.8%).