On October 21, 2024, Mr. Nguyen Thanh Nghiep, Partner of VTN and Partners, participated as a distinguished panelist at the Green Economy Forum & Exhibition (GEFE) 2024. During the session, Mr. Nghiep shared his expertise on the critical topic of “From Green to Growth: Unpacking Vietnam’s Carbon Market Potential.”

He highlighted the complexities and regulatory hurdles businesses face especially in terms of the legal nature of carbon credit and emission allowance. Mr. Nghiep also discussed the development of a unified MRV (Monitoring, Reporting, and Verification) framework, centralized data management systems, and capacity-building initiatives to equip businesses with the necessary skills and tools.

These insights are essential as Vietnam works towards building a robust and transparent carbon market, aligning with international standards, and fostering sustainable growth. We look forward to continuing to support businesses and stakeholders in navigating these challenges and contributing to a greener economy.