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Vietnam leaps on carbon credit craze 10:00 | 07/02/2021 Vietnam leaps on carbon credit craze The south-central province of Quang Nam has been waiting for the government to approve a pilot project on reducing emissions from deforestation and forest degradation and on selling carbon credits to the international market. “Quang Nam has 628,000 hectares of natural forest, which has the capacity to absorb one million tonnes of CO2 per year. The province is expected to sell CO2 credits for $30 million by 2025,” said Le Minh Hung, director of Quang Nam Department of Agriculture and Rural Development. Hung is also director of the Management Board of the Truong Son Xanh forest-planting project.

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