According to the Vietnam Chamber of Commerce and Industry (VCCI), Vietnamese enterprises have produced and traded carbon credits on international exchanges but these transactions have not received much attention, leading to a risk of missing out on about 57 million carbon credits worth hundreds of millions of dollars. The pricing of carbon is not only a new resource but also an opportunity to improve competitiveness.
To improve its ranking in the Department and District Competitiveness Index (DDCI) compiled by the Vietnam Chamber of Commerce and Industry, Thanh Hoa Branch, Thanh Hoa city in the northern province of the same name needs to implement a range of synchronous solutions, taking administrative reform as a breakthrough measure and focusing on improving the quality of business support activities. Thanh Hoa city is the political, economic and cultural center of Thanh Hoa province, with more, larger, and better-performing enterprises than other localities.