We would like to introduce the newest comments of our Partner, VU Thanh Minh, shared on Asian Legal Business Oct 2023 / Asia Edition. Accordingly, facing significant climate change risks, Vietnam strives for net-zero emissions by 2050. Challenges include its heavy reliance on high-carbon sectors and fossil-fuel-based power. Despite this, Vietnam has been proactive, setting up regulations for a domestic carbon credit market and encouraging the transition to low-carbon energy sources. Law firms are actively involved in various stages of energy transition projects. To achieve net-zero goals, Vietnam needs detailed regulatory mechanisms, investor cooperation, and clear green investment guidance.

The insights on Vietnam's role in 'The Race to Net Zero' can be found on page 36 of the ALB magazine's latest edition. You can read the full article at: Link