Following the green economic development orientation and commitment to reducing carbon emissions by 2050, Vietnam is a potential market for carbon credit development. Not outside Vietnam’s general development direction, Lexington Holding has cooperated with partners from Japan, Singapore, Hong Kong, Switzerland… to develop the carbon credit market in Vietnam and neighboring countries.
With the expectation of carbon credit demand after COP26, Vietnam has many opportunities to develop the carbon market. Vietnam can create and sell high-quality carbon accounts regionally and globally.
With policies already banned, more clearly defined carbon escalation fields can be found, increasing compatibility with international regimes for priced carbon signals, creating opportunities for linkages with carbon signal market indicator in the world and region, improving the competitiveness of Vietnamese products in the international market. Furthermore, this is also a mechanism to create resources to provide development and application of low-emission technology, aiming for a carbon-neutral economy, providing businesses with a focus on investing in technology conversion to reduce emissions. carbon emissions during production.
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