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.
The Quang Trach I Thermal Power Plant Project is projected to connect the first turbine to the grid in February, with commercial operation expected in May 2026.
Prime Minister Pham Minh Chinh emphasized that science, technology, innovation, and digital transformation are inevitable trends, strategic choices, and top priorities in investment and development.
Directive No 05 calls for an urgent mobilization of resources to accelerate cadastral mapping, land registration, and the development of a comprehensive national land database.
The People’s Committee of the southern city stated that this local planning adjustment aims to realize projects on the priority list and implement policies to attract strategic investors under the National Assembly’s Resolution No. 260/2025/QH15.