The State Securities Commission of Vietnam has announced that the necessary preparations for the operation of the country's Domestic Carbon Trading Exchange have been largely completed, with the platform set to officially launch on June 29.

Implementing Government Decree No. 29/2026 dated January 19, 2026, and under the direction of the Ministry of Finance on the establishment of Vietnam's carbon trading exchange, the State Securities Commission of Vietnam (SSC) has instructed the Vietnam Exchange (VNX), the Hanoi Stock Exchange (HNX), and the Vietnam Securities Depository and Clearing Corporation (VSDC) to work closely with relevant agencies to finalize all necessary preparations for the exchange's operation.
According to the SSC, preparations covering the legal framework, operational regulations, trading products, information technology infrastructure, and payment mechanisms have been largely completed, ensuring the market is ready to commence operations in accordance with the approved roadmap.
Regarding the legal framework, the Ministry of Finance, in accordance with its responsibilities under Decree No. 29/2026, has issued a circular providing guidance on transaction supervision on the Carbon Trading Exchange and reporting requirements for the stock exchanges and VSDC. Based on the decree, the SSC directed VNX, HNX, and VSDC to develop and promulgate operational regulations for the exchange. As a result, the legal and operational framework for the domestic Carbon Trading Exchange has now been completed, providing a solid foundation for its operation.
With respect to trading products, the Prime Minister issued Decision No. 263 on February 9, 2026, approving the pilot allocation of total greenhouse gas emission quotas for the 2025–2026 period. Accordingly, the Ministry of Agriculture and Environment has allocated pilot greenhouse gas emission quotas to 110 facilities.
The ministry has also issued Circular No. 11/2026 dated February 13, 2026, regulating the management and operation of the National Registry System for greenhouse gas emission quotas and carbon credits, thereby establishing the basis for managing and trading carbon assets on the exchange. In addition, the Department of Climate Change, together with VNX, HNX, and VSDC, has signed a cooperation agreement to standardize procedures for data exchange, information reconciliation, and incident response during market operations.
According to the SSC, the information technology infrastructure supporting the market is fully prepared. The trading system at HNX, the depository and settlement system at VSDC, and the National Registry System for greenhouse gas emission quotas and carbon credits have been completed, fully integrated, and successfully tested across the market.
During May and June 2026, participating institutions conducted both internal and market-wide testing. The results confirmed that the connections between the National Registry System, the trading platform, and the depository and settlement systems operated reliably, while operational processes and data exchange fully met practical requirements.
The SSC has also completed the selection of the settlement bank for the Domestic Carbon Trading Exchange in accordance with Decree No. 29/2026, ensuring compliance with financial, technical, and operational requirements. At the same time, agencies under the Ministry of Finance have organized numerous conferences, workshops, and training programs to disseminate legal regulations, operational procedures, and market mechanisms to participating organizations and individuals, helping improve awareness and ensure market readiness.
With all key operational conditions now in place, the Ministry of Finance, in coordination with the Ministry of Agriculture and Environment and other relevant agencies, will officially inaugurate the Domestic Carbon Trading Exchange on June 29.
Hai Phong News