[REVISION HISTORY]

Vietnam advances green economy, carbon trading, and data use

Updated 16 times since CLSTR started tracking revisions of this situation.

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2026-10-10 15:01 UTC → 2026-10-12 04:25 UTC · added ~~removed~~

Vietnamese businesses are increasingly adapting to global standards, particularly regarding ESG (Environmental, Social, and Governance) criteria and the European Union’s Carbon Border Adjustment Mechanism (CBAM). To maintain competitiveness, exporters are shifting focus toward supply chain management and brand-building. This transition is supported by the 2020 Law on Environmental Protection and a domestic carbon trading platform that has already allocated quotas to over 100 facilities in the cement, steel, and thermal power sectors. To further formalize this transition, Deputy Prime Minister Ho Quoc Dung signed Decision No. 46/2026/QD-TTg, which establishes a framework to identify green and circular economy projects. This decision mandates the application of ESG standards for relevant projects and defines specific criteria across multiple sectors, including energy, zero-emission transportation, green construction, and water resources. The new framework categorizes circular economy projects into four main groups: circular design and production, circular use, resource recovery, and industrial symbiosis. As of late 2026, the implementation of CBAM is actively impacting manufacturers within global supply chains by attaching costs to embedded emissions in imports such as steel, aluminum, cement, fertilizers, electricity, and hydrogen. This regulatory pressure is driving demand for green industrial real estate, as multinational corporations favor industrial parks that provide renewable energy and waste management solutions. Concurrently, regional efforts are expanding. While FDI continues to drive industrial growth in provinces like Lao Cai, Hanoi authorities are promoting green technology and circular models within the agricultural sector. These initiatives focus on high-tech, ecological, and low-emission agriculture, including the development of biodegradable packaging and improved resource efficiency to reduce waste. Domestic business movements are also reinforcing these trends. Recent industry exhibitions and seminars have highlighted a shift toward a ‘Made by Vietnam’ economy, emphasizing technological autonomy and supply chain mastery.

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