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Vietnam Carbon Market Report – Series No.2: The Carbon credit issuance mechanism – Who authorizes and Who manages?

Updated: Oct 9


Vietnam Carbon Market Report – Series No.2

Coming Soon


In Series No.1, the report examined what carbon credits are and why they matter for businesses. Series No.2 shifts the focus to the question of issuance: who has the authority to issue carbon credits, and what steps must companies take to obtain them?


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This section provides an overview of the carbon credit issuance mechanism — covering authorized bodies, project registration, validation, and approval procedures.



Vietnam Carbon Market Report – Series No.2:

The Carbon credit issuance mechanism – Who authorizes and Who manages?

Carbon credits are not issued by a single institution; issuance depends on the regulatory framework or voluntary standard applied.

Table of Contents

1. Introduction


2. Who has the authority to issue carbon credits?

2.1. Compliance Market

2.2. Voluntary Market


3. The carbon credit issuance process


4. How to verify issued carbon credits

4.1 Credit status categories

4.2 Checking credit validity


5. Vietnam’s position in carbon credit issuance

5.1 Current framework

5.2 Opportunities for Vietnamese businesses

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The objectives of this series are to:

  • Provide essential knowledge on carbon credits and carbon markets.

  • Update international and domestic policy trends and their implications for business operations.

  • Present opportunities and challenges for Vietnamese enterprises in aligning with ESG standards and global carbon mechanisms.


We hope this series will serve as a valuable reference, enabling businesses to better prepare for the formation and development of Vietnam’s carbon credit market in the near future !



⏩ See more Vietnam Carbon market report series





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