Following its amendment in June of the law on greenhouse gas emissions reduction and ozone layer protection—which includes provisions for operating both domestic and international carbon markets—the Vietnamese government has launched the Pilot Phase 1 of its Emissions Trading Scheme (ETS) and plans to gradually expand ETS operations from 2029 onward.

  During the pilot phase, the government has recognized the urgent need to refine the legal framework and establish an operational platform for the carbon market. Accordingly, the Department of Climate Change (DCC), the agency overseeing Vietnam’s climate change response policies, has requested cooperation from Korea in sharing ETS operational experience and expertise, training specialists, and transferring carbon trading platform technology.

  In response, Ecoeye announced that it will provide carbon market capacity-building training to a delegation of senior officials from the Ministry of Agriculture and Environment (MAE) of Vietnam. The ETS capacity-building program, independently designed by Ecoeye, will be co-organized with the Greenhouse Gas Inventory and Research Center of Korea (GIR), Korea Environment Corporation (KECO), both under the Ministry of Environment, as well as the Korea Exchange (KRX). A public-private delegation of 14 members, including representatives from the DCC and Hanoi Stock Exchange, will participate in the training in Korea from August 11 to 15. Prior to the start of the program, on August 8, the MAE delegation visited Ecoeye to express gratitude for the initiative and to request continued cooperation in establishing Vietnam’s carbon market.

  Ecoeye’s CEO expressed gratitude to the MAE delegation and the public-private training participants for their high evaluation of Ecoeye’s business capabilities and future vision. The CEO also called for strong support and cooperation to ensure that the capacity-building program designed by Ecoeye and the intergovernmental collaboration on the Korea–Vietnam carbon market will be sustained beyond a one-time effort.

(published: 14 August 2025)