On March 25, 2025, the Ministry of Finance (“MOF”) proposed a draft legal framework to regulate the operation of the Carbon Credit Trading Exchange in Vietnam, with a pilot implementation roadmap from 2025 to 2028 and official operation starting in 2029. This aims to help Vietnam achieve its Net-zero carbon target by 2050.

This draft is based on Decision No. 232/QD-TTg and the Environmental Protection Law 2020, playing a crucial role in guiding and directing carbon trading activities in Vietnam in the future. This article will clarify the prominent regulations in the Draft Decree (“Draft”) on the Carbon Credit Trading Exchange (“CTX”) and key points to note.

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