Vietnamese Gov’t postpones motorbike emissions testing beyond 2025
Testing fees are expected to be low and may even be waived initially to encourage drivers to check their exhaust emissions.
Testing fees are expected to be low and may even be waived initially to encourage drivers to check their exhaust emissions.
The Government’s estimations indicate that this new revenue stream, once implemented, could increase annual revenues by approximately VND1.2 trillion (US$50 million).
Complying with the Paris Agreement requires Vietnam to institutionalize guidelines and tools for climate finance transparency.
The private sector plays a huge role in helping to achieve this goal, and companies must commit and take concrete action in accordance with the Paris Agreement.
Hanoi plans to limit motorcycles failing to meet emission standards in certain areas and consider charging vehicles for their emissions.
The Vietnamese Government considers circular economic models essential in improving people’s living standards and their resilience against climate change
Vietnam continues to be a key partner of the UK in the region, especially as the UK prioritizes greater cooperation with the India-Pacific region.
Vietnam focuses on mitigation and adaptation in implementing the Paris Agreement through bilateral and multilateral cooperation and new mechanisms.
The grant will support Vietnam in the process of transition to a low carbon economy, social equity and inclusion, and innovation-driven growth.