Deputy prime minister Tran Hong Ha has urged the Ministry of Natural Resources and Environment to stimulate demand in the initial phase of the domestic carbon exchange to ensure actual transactions.

Con Dao has significant potential thanks to its diverse forest and marine ecosystems, holding 427,000 tons of carbon with an upward growth trend, creating a diverse carbon credit portfolio attractive to green finance.

Vietnam transfers 1 million tons of reduced CO2 emissions from the north-central region to the World Bank.

Experts recommend capping international carbon credit trading from forests, electric vehicles, and waste-to-energy projects to safeguard national emission reduction targets.