News

Vietnam makes slow progress in shifting toward green economy: report

The Massachusetts Institute of Technology’s Green Future Index listed Vietnam as a climate laggard economy for making low and uneven commitments toward a green future. The index released by MIT Technology Review Insights this week measures 76 global economies on their progress and commitment toward building ...

Dang Khoa

Lao PDR and World Bank sign $42 deal to reduce emissions from deforestation

The Lao PDR and the World Bank’s Forest Carbon Partnership Facility (FCPF) have signed an agreement to provide up to $42 million between now and 2025 to support the country’s efforts to reduce emissions from deforestation and forest degradation (REDD+). A ceremony today marked the launch of this ...

Vietnam to sign emissions reduction purchase agreement

Vietnam will be the fifth partner in the Forest Carbon Partnership Facility (FCPF) and the first in the Asia-Pacific region to sign an Emissions Reduction Purchase Agreement (ERPA), according to Standing Deputy Minister of Agriculture and Rural Development Ha Cong Tuan. As part of efforts to implement the 2015 ...

Finance Ministry plans rejig of fuel excise tax

The Finance Ministry wants to revamp the structure of the excise tax on fuels to base it on carbon dioxide (CO2) emissions, with the aim of reducing greenhouse gas emissions to protect the environment. Finance Minister Uttama Savanayana delegated the Fiscal Policy Office and the Excise ...

Wichit Chantanusornsiri

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