net zero

This morning (June 29, 2026), the domestic carbon exchange was officially launched and began operations. With a total allocated quota of over 51.7 million credits on its first trading day, this event not only marks a historic technical milestone but also formally establishes a core economic tool to help businesses optimize costs, enhance their competitiveness, and fulfill Vietnam’s commitment to achieving “Net-Zero” emissions by 2050.

The world needs 46 trillion USD to cut emissions in half over the next 30 years.

On November 17, 2025, within the 4th AZEC High-level Meeting between Vietnam and Japan in Hanoi, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and the Japan Bank for International Cooperation (JBIC) exchanged a Memorandum of Understanding (MOU) to support Vietnam’s decarbonization and energy transition efforts.