【SMM Steel】Vietnam launches carbon trading framework to align with global markets

Published: Mar 12, 2026 16:15

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【SMM Steel】Vietnam issued Decree No. 29/2026/NĐ-CP, setting the legal framework for a national carbon trading platform. The centralized market will be supervised by the government. The move aims to ensure transparent, traceable carbon transactions and is essential for linking with int'l carbon markets under the Paris Agreement. It also prepares exporters for stricter rules like the EU's CBAM.

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