The project is designed to accelerate the development of a low-carbon economy and address climate change, working toward the goal of achieving net-zero emissions by 2050.

Acting Chairman of Quang Tri province Ha Sy Dong expressed his hope that the collaboration will effectively contribute to Vietnam’s and Italy’s international ecological environment commitments.

Carbon credits could become a key measure of success in sustainable rice farming, according to Dr Nguyen Do Anh Tuan, Director General of the International Cooperation Department of the Ministry of Agriculture and Rural Development (MARD).

The Lao Government has signed a Memorandum of Understanding (MoU) with Carbon Credit Laos (CCL) and Carbon Registry Thailand (CRT) on cooperation in using satellite technology to calculate carbon credits.

Hit by drought and land degradation, Vietnam has been taking strong actions to enforce the United Nations Convention to Combat Desertification (UNCCD) to join global efforts against these global phenomena.

Vietnam's wood industry has opportunities to engage in the carbon market as the whole world is pushing ahead for a greener economy, heard a recent dialogue in Ho Chi Minh City.

The central province of Quang Tri is mobilising resources and focusing on implementing solutions to reduce greenhouse gas emissions through natural forest protection and afforestation.

Vietnam is capable of selling some 40 million carbon credits for a revenue of 200 million USD annually, the Department of Forestry has calculated.

Lilama 2 Technology International College in the southern province of Dong Nai on January 17 signed a contract with the UK’s BTEC Pearson on the transfer of training programmes in semiconductor technology and carbon credits.

In the context that about 70 countries and territories have applied carbon pricing instruments, experts held that Vietnam should also apply such tools, especially by developing the domestic carbon market, in order to support the realisation of the country’s greenhouse gas (GHG) emissions reduction target.

Vietnam always considers its response to climate change a vital issue, and reducing greenhouse gas (GHG) emissions a priority of the entire political system, an official has said.