Huỳnh Tấn Đạt, Director General of the ministry’s Plant Production and Protection Department, said by 2050, all major crop areas are expected to adopt low-emission cultivation practices.
The agreement confirms the two countries'' pioneering role and strong commitment to international carbon market cooperation, making a substantive contribution to global efforts to tackle climate change.
Rice cultivation is also said to benefit from the carbon credit scheme. Việt Nam is accelerating a project to develop one million hectares of high-quality and low-carbon rice fields in the Mekong Delta region.
The Ministry of Industry and Trade (MoIT) has sent details to the Prime Minister on how to implement plans to strengthen the management of the carbon credit market and targets on cutting green house gases, under the Nationally Determined Contribution...
Businesses need to have solutions and roadmaps to improve their competitiveness and innovate technology for green and sustainable production, thereby creating carbon credits.
Việt Nam has 14 million hectares of forests, which, if well-managed, offer opportunities for the country to capitalise on the carbon credit market, a dialogue heard in HCM City.
HCM City needs to adopt policies and channel financial resources to develop a carbon credit market in an effort to cut greenhouse gas emissions and respond to global warming, experts said.
CT Group has officially introduced the carbon credit trading platform ASEAN joint stock company (CCTPA), becoming the first of its kind in Việt Nam, proactively adapting to international environmental trade policies and aiming for a low-carbon and remarkable growth economy.