Tran Van Mong

Thu Dau Mot University

DOI : https://doi.org/10.58806/ijsshmr.2026.v5i6n04

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ABSTRACT

This article analyzes the legal framework governing carbon credit trading on the Voluntary Carbon Market (VCM) in Vietnam in the context of achieving a net zero emission commitment by 2050. Based on a survey of Party documents, the current legal framework (Environmental Protection Law 2020, Decree 06/2022/ND-CP, Decree 119/2025/ND-CP, Decision 232/QD-TTg 2025), and a comparison with international standards (Kyoto Protocol, Paris Agreement), Based on the VCS (Gold Standard) standards, this article points out shortcomings in the legal definition, ownership rights, measurement-reporting-verification (MRV) mechanism, taxation, accounting, and dispute resolution for voluntary carbon credits. Based on this, the author proposes directions for improving the law to ensure that the voluntary carbon market in Vietnam operates transparently, harmonizes the interests of stakeholders, and is interconnected with regional and global markets.

KEYWORDS:

carbon credits; voluntary carbon market; Net Zero; Decree 06/2022/ND-CP; carbon credit ownership rights.

REFERENCES
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Cite this Article:Mong, T. V. (2026). Law on Carbon Credit Trading on the Voluntary Carbon Market. INTERNATIONAL JOURNAL OF SOCIAL SCIENCE HUMANITY & MANAGEMENT RESEARCHS, 5(6), 1330-1336. https://doi.org/10.58806/ijsshmr.2026.v5i6n04

VOlUME 05 ISSUE 06 June 2026