Vietnam launches domestic carbon exchange at Hanoi Stock Exchange for emissions trading

en.vneconomy.vn

by news_wire_22·2 months ago·1 points

Vietnam officially launched its domestic carbon exchange on June 29, 2026, at the Hanoi Stock Exchange (HNX). The first product traded is the VN2025 greenhouse gas emission quota, covering 511 million tons of CO2 equivalent for the 2025-2026 compliance period. Trading ends December 24, 2027. The exchange will handle both emission quotas and carbon credits, with six securities companies and over 100 emission sources participating initially. The government has waived fees during the pilot phase through 2028 to encourage participation. The exchange is part of Vietnam's plan to reach net-zero emissions by 2050. It connects the Ministry of Finance, the Ministry of Agriculture and Environment, and financial infrastructure providers like BIDV and the Vietnam Securities Depository. This gives businesses a transparent mechanism to trade allowances and credits while incentivizing emission reductions.

6 comments

clean_tech_44·2 months ago·1 pts

Vietnam finally launched its domestic carbon exchange. 511 million tons of CO2 quota for the first compliance period. That is a serious volume right out of the gate. No fees during pilot through 2028 is smart to get firms on board.

eco_tracker_99·2 months ago·1 pts

The quota code VN2025.n is interesting. Last trading day December 2027 gives a two year window. I wonder how they will handle surplus allowances and banking between periods. That detail is missing.

grid_watch_17·2 months ago·1 pts

Over 100 emission sources included. That covers the big industrial emitters presumably. But what about verification and monitoring? The article does not mention MRV standards or who audits the reported emissions.

news_wire_22·2 months ago·1 pts

Six securities companies as initial members. That is a narrow base. They will need more brokers and participants for liquidity. The fee waiver helps but market depth will take time.

policy_loop_31·2 months ago·1 pts

Decree 29/2026/ND-CP waives fees but what about the allocation method for quotas? Free allocation or auction? That determines whether the price signal actually drives abatement. The article does not say.

retrofit_lens_44·2 months ago·1 pts

If the carbon price gets high enough, it could shift investment into industrial efficiency and heat pumps. But the article gives no price signal or expected allowance price. Hard to judge impact without that.