Viet Nam

Vietnam is down three spots to 24th in the CCPI, and still an overall medium performer. The country receives a low rating in GHG Emissions and medium in Renewable Energy, Energy Use, and Climate Policy.

Since COP26, Vietnam has embedded its net-zero target as a central objective in all new policies at the national and sectoral levels. The new Electricity Law, issued in November 2024, includes mechanisms to encourage renewable energy, focusing on hydropower, offshore wind, and green hydrogen. The revised Power Development Plan VIII (PDP8) sets the goal of achieving 36% of non-hydro renewables in the power mix by 2030.

Long-term green growth strategy under development, ETS has now started

In late 2024, Vietnam submitted an updated version of the National Adaptation Plan (NAP) for 2021–2030. With the amendments now in place, the plan contains a vision for 2050, thereby strengthening the country’s focus on building its resilience.

The government’s long-planned pilot Emissions Trading System (ETS) began in mid-2025, aiming at a reinforced regulation of greenhouse gas (GHG) emissions through clear monitoring, caps, and a coverage of around 50% of domestic CO2 emissions. Over the long term, the ETS is to be further expanded, with 2029 targeted for the end of the current pilot stage. In tightening of pollution avoidance policies, Prime Minister Pham Minh Chinh announced a ban on motorcycles running on internal combustion engines in the Hanoi city center.

Shortly before the end of 2024, the Ministry of Planning and Investment began collaborating with the Global Green Growth Institute on developing a long-term strategy for creating eco-friendly development. The resulting Country Planning Framework (CPF) is aimed at boosting investment in sustainable development and assisting the country on its path toward net zero. In signing Decision No. 1066/QD-TTg, the Prime Minister appointed Do Duc Doy, the Minister of Natural Resources and Environment, as the Head of the Secretariat for the Political Declaration on the establishment of the Just Energy Transition Partnership (JETP). With the JETP now underway, cooperation with international partners working on sustainable and equitable transition processes is now coordinated within a clearly defined framework, which facilitates exchange and financial flows.

Good development signs, but wind uptake faces hurdles and a just transition roadmap is needed

The CCPI country experts welcome the above developments, but considerable implementation challenges remain. The approval process for offshore wind projects is still unclear, and regulations on marine spatial planning and resource assessment are insufficiently defined, creating barriers to the development of this energy source. There also is currently no appropriate pricing mechanism dedicated to offshore wind.

Overall, the experts call for a clearly defined roadmap to ensure a just transition and the effective reduction of GHG emissions.

Key Outcomes

CCPI Experts

The following national experts agreed to be mentioned as contributors for this year’s CCPI:

• Pham Thi Anh
• Centre for Supporting Green Development (GreenHub)