VET Exclusive

Vietnam Economic Times / VnEconomy gathered insights from policymakers, investors, international organizations, and market participants on the opportunities, challenges, and priorities shaping Vietnam’s emerging carbon market as the country moves toward its net-zero ambitions.

Mr. Sam Conroy, President of the Australian Chamber of Commerce in Vietnam (AusCham), tells Linh Ngoc that Australian businesses continue to look at trade and investment with Vietnam but also flag certain concerns.

Vietnam’s carbon credit market is gaining momentum but businesses believe clearer rules and stronger market infrastructure are needed to unlock its full potential.

Vietnam is well placed to bring ITMOs to global markets but must tackle a host of technical and institutional challenges.

Businesses have begun to take note of the many options and benefits available now that Vietnam is officially piloting a carbon market.

Having begun a piloted carbon exchange, Vietnam can look to the experience of others in determining what may lie ahead.