Vietnam is stepping up efforts to prepare businesses for participation in its emerging carbon market, with around 110 firms taking part in a series of training workshops held in April across major cities.
The initiative is jointly held by the Ministry of Agriculture and Environment and the United Nations Development Program (UNDP), aiming to enhance businesses’ readiness for carbon transactions and compliance obligations, while providing a platform to exchange experiences and identify implementation challenges.
The first workshop was held in Ho Chi Minh City on April 10, bringing together enterprises allocated greenhouse gas emission quotas during the 2025–2026 pilot phase.
Additional sessions are scheduled in central Da Nang city and Hanoi.
Participating firms are expected to play a direct role in the operation of Vietnam’s carbon market. During the sessions, participants are updated on regulations governing greenhouse gas reduction and the core principles of carbon trading. They are also introduced to the structure and operation of the domestic carbon market, alongside hands-on practice using the National Registration System.
Experts say establishing a domestic carbon market is a crucial step toward translating Vietnam’s climate commitments into concrete action. A well-functioning market could mobilise climate finance, encourage low-emission investment, strengthen competitiveness, and support the country’s transition to green and sustainable growth.
