Vietnam's Ministry of Finance has issued Circular No. 48/2026/TT-BTC to regulate the monitoring of greenhouse gas emission quotas and carbon credits. The framework integrates the domestic carbon credit exchange with a national registration system to ensure transparency and legal oversight. The new regulations define the responsibilities of stock exchanges, the State Securities Commission of Vietnam, and the Vietnam Securities Depository and Clearing Corporation. These entities are now required to provide quarterly and annual reports on trading activities and transaction settlements to support the country's broader carbon market roadmap.
