Vietnam State Securities Commission confirms domestic carbon exchange launch and fee waiver through end-2028 pilot

The Vietnam State Securities Commission has announced that Vietnam's domestic carbon exchange officially entered operation on June 29, 2026. In remarks at the launch ceremony, the commission said the core conditions for the market are largely in place, including the legal framework, technology infrastructure, operating procedures and coordination mechanisms needed to support registration, trading and settlement for greenhouse gas emission allowances and carbon credits. The update states that Hanoi Stock Exchange worked with units under the commission, the Department of Climate Change, Vietnam Exchange, Vietnam Securities Depository and Clearing Corporation and the designated settlement bank to build the market's operating framework and technology systems. The connected information technology system linking Hanoi Stock Exchange, Vietnam Securities Depository and Clearing Corporation, the Department of Climate Change and the settlement bank has been tested successfully. To support participation during the pilot phase through the end of 2028, Decree 29/2026/ND-CP provides that Vietnam Exchange, Hanoi Stock Exchange and Vietnam Securities Depository and Clearing Corporation will not charge service fees on the domestic carbon exchange. Looking ahead, the commission called on market operators to keep trading, registration, custody and settlement systems secure and uninterrupted, refine procedures for securities firms and companies covered by greenhouse gas quota allocation, strengthen surveillance against manipulation and fraud, improve official communications, and continue reviewing international practice and domestic policy settings as the market develops.