On January 24, 2025, the Prime Minister issued Decision No. 232/QD-TTg approving the Scheme on the Establishment and Development of the Carbon Market in Vietnam. The Decision aims to develop a centralized carbon market operating in accordance with market principles under the strict management and supervision of the State, ensuring transparency, openness, safety, and efficiency.
Document Title: Decision No. 232/QD-TTg approving the Scheme on the Establishment and Development of the Carbon Market in Vietnam
Document Type: Decision
Sector/Field: Natural Resources – Environment
Number: 232/QD-TTg
Issuing Authority: Prime Minister
Signed by: Deputy Prime Minister Tran Hong Ha
Date of Issuance: January 24, 2025
Effective Date: January 24, 2025
Status: In force
Summary of Content: Approving the Scheme on the Establishment and Development of the Carbon Market in Vietnam
- Decree No. 05/2025/ND-CP dated January 6, 2025 of the Government amending and supplementing a number of articles of Decree No. 08/2022/ND-CP detailing a number of articles of the Law on Environmental Protection
- Circular No. 17/2022/TT-BTNMT dated November 15, 2022 of the Ministry of Natural Resources and Environment providing technical regulations on measurement, reporting, and verification of greenhouse gas emission mitigation and greenhouse gas inventory in the waste management sector
- No. 263/QĐ-TTg dated 09 February 2026 -Approving the Pilot Total Greenhouse Gas Emission Quotas for 2025–2026
- Decree No. 119/2025/NĐ-CP dated June 9, 2025 of the Government amending and supplementing a number of articles of Decree No. 06/2022/NĐ-CP dated January 7, 2022 on mitigation of greenhouse gas emissions and protection of the ozone layer
- Circular No. 07/2025/TT-BNNMT dated June 16, 2025 of the Ministry of Agriculture and Environment on Decentralization and Allocation of State Management Authority in the Fields of Environment and Climate Change
