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Viet Nam has the first Carbon credit trading floor

On September 29, CT Group Joint Stock Company (CT Group) launched the ASEAN Carbon Credit Exchange Joint Stock Company (CCTPA), becoming the first enterprise in Viet Nam to launch a carbon credit trading floor.

  18:48 27/10/2023
On September 29, CT Group Joint Stock Company (CT Group) launched the ASEAN Carbon Credit Exchange Joint Stock Company (CCTPA), becoming the first enterprise in Viet Nam to launch a carbon credit trading floor.

CCTPA activated in Viet Nam will encourage businesses to switch to cleaner, low-carbon and more efficient technology.  In addition to the goal of reducing carbon emissions and helping to achieve the Net zero commission by 2050 that Viet Nam has joined the United Nations Framework Convention on Climate Change, CCTPA also invests in research into blockchain applications for carbon market and ensures the highest transparency, reliability and efficiency in managing, allocating, transferring, calculating and tracking carbon credits.

In addition, CCTPA also researches and offers Blockchain and Crypto application solutions for the carbon market, helping transactions to be authenticated, secure and transparent, enhancing trust between participating parties.  This is also the optimal solution and different direction.

Over the years, CT Group has implemented many strategies to address global environmental challenges.  This enterprise is implementing "12 programs to support Vietnam in responding to climate change", including many scientific studies that help save millions of tons of CO2.

The launch of the ASEAN Carbon Credit Exchange by Vietnamese businesses aims to proactively adapt trade policies to the international environment, while aiming for a low-carbon economy with outstanding growth.  This is expected to encourage businesses to switch to cleaner, low-carbon and more efficient technology, helping to achieve the Net zero commission by 2050.

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