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The Vietnam Green Growth Strategy (VGGS), approved in September 2012, seeks to restructure the economy for resource efficiency and sustainable growth. It sets specific targets for reducing greenhouse gas emissions and energy consumption per unit of GDP by 2020, 2030, and 2050. Implementation is managed by an Inter-ministerial Coordinating Board and supported by a blend of public, private, and international financing, including the Green Climate Fund and potential carbon taxes.

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  • The Vietnam Green Growth Strategy (VGGS) aims to reduce greenhouse gas emission intensity by 8-10 percent relative to 2010 levels and decrease energy consumption per unit of GDP by 1-1.5 percent annually.
  • Vietnam has established time-bound targets for 2020, 2030, and 2050. By 2020, the goal is to double GDP per capita compared to 2010 and reduce energy-related greenhouse gas emissions by 10-20 percent against a business-as-usual scenario, with 10 percent being a voluntary reduction and 10 percent contingent on international support. By 2030, the target is to reduce total greenhouse gas emissions by 1.5-2 percent per year and energy-related emissions by 20-30 percent against business-as-usual. By 2050, the objective is for green economic development to be mainstreamed.
  • The strategy's development involved a participatory process including the establishment of Drafting and Editing Boards with sector ministries, consultations with the business community, local authorities, and the international community, and study tours to Germany, the Netherlands, Mexico, and South Korea.
  • Implementation is coordinated by an Inter-ministerial Coordinating Board under the National Committee on Climate Change, headed by the Deputy Prime Minister, with the Minister of Planning and Investment serving as the standing Vice Head.
  • To finance the VGGS, Vietnam intends to blend state budget investments, international support via the Green Climate Fund and Official Development Assistance, and private sector engagement. The government is also considering fiscal policy shifts such as the introduction of a carbon tax and eco-taxes.

Cite the original document

APA
Climate and Development Knowledge Network (2013). Case Studies on Low Emission Development. https://cdkn.org/sites/default/files/files/Asia-LEDS-Partnership-Case-Study-Vietnam-GG-Strategy-March-2013.pdf
Chicago
Climate and Development Knowledge Network. Case Studies on Low Emission Development. 2013. https://cdkn.org/sites/default/files/files/Asia-LEDS-Partnership-Case-Study-Vietnam-GG-Strategy-March-2013.pdf.
Wikipedia
{{cite report |author=Climate and Development Knowledge Network |title=Case Studies on Low Emission Development |date=February 2013 |url=https://cdkn.org/sites/default/files/files/Asia-LEDS-Partnership-Case-Study-Vietnam-GG-Strategy-March-2013.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{climateanddevelopmentknowledgenetwork2013case, author = {{Climate and Development Knowledge Network}}, title = {{Case Studies on Low Emission Development}}, institution = {Climate and Development Knowledge Network}, year = {2013}, month = feb, url = {https://cdkn.org/sites/default/files/files/Asia-LEDS-Partnership-Case-Study-Vietnam-GG-Strategy-March-2013.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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