Hanoi, April 7 -- Vietnam's commitment to emission reduction opens up significant opportunities for Vietnam's agricultural sector by establishing financial mechanisms, mobilising international and domestic resources through developing the carbon market, and promoting carbon credit exchanges, said insiders.

The Government assigned the Ministry of Finance to develop a legal framework for financial activities on the carbon market to ensure legal validity and stability in trading activities based on the provisions of the Law on Environmental Protection. This is an important step towards creating a transparent business environment and encouraging businesses to participate.

With its diversity, ranging from livestock, crop cultivation, and for...