- Vietnam and the Republic of Korea are deepening their bilateral ties with the goal of achieving $100B in trade.
- Vietnam and the Republic of Korea are cooperating on various fronts, including low-carbon development, net-zero commitments, green finance, and carbon markets.
Vietnam and Japan Sign MoU on Environmental and Low-Carbon Cooperation
What happened
Vietnam and Japan exchanged a Memorandum of Understanding on November 9, 2026. The agreement aims to strengthen cooperation between the two nations in the environmental sector, covering eight specific areas. These areas include climate change mitigation, developing low-carbon technologies, and managing waste to promote a circular economy.
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Why it matters
The cooperation includes promoting carbon markets, such as the Joint Crediting Mechanism and Article 6 of the Paris Agreement. This focus on low-carbon technologies and decarbonization supports the broader bilateral effort between Vietnam and Japan to deepen trade ties.
Vietnam and Japan are working to deepen their bilateral ties, with goals set to achieve $100B in trade.
From vir.com.vn
Who's involved
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The entities involved
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Vietnam
country in Southeast Asia
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