As Vietnam gradually pilots emission allowance allocations and operates its carbon market, greenhouse gas (GHG) emission data is playing an increasingly vital role in corporate management, production, and business operations. This data serves not only for environmental reporting but is also linked to compliance obligations, allowance trading, customer requirements, and emission reduction strategies.
According to Consolidated Document No. 40/VBHN-BNNMT issued in 2026 by the Ministry of Agriculture and Environment, which consolidates regulations on GHG emission mitigation and ozone layer protection, verification means assessment of GHG emissions mitigation rate measurement result reports and other relevant information according to the methods issued by competent authorities.
Enterprises can have multiple benefits from this process:
Meeting legal requirements
Under Clause 6a, Article 11 of Decree No. 06/2022/ND-CP, as amended and supplemented by Decree No. 119/2025/ND-CP, inventory results of facilities allocated emission allowances under specified cases must be verified by a qualified entity.
Proactively managing allowances & participating in the carbon market
Verified emission inventories allow enterprises to proactively assess quota surpluses or deficits, enabling targeted financial planning and reduction strategies. Crucially, this provides a credible basis to participate in the carbon market by trading or banking allowances to minimize compliance costs and capture new revenue streams.
Strengthening trust with customers, partners, and investors
Customers, partners, and multinational corporations are paying growing attention to emission data within their supply chains. Unsubstantiated claims in sustainability reports can undermine trust and even trigger suspicions of greenwashing.
Verified information provides enterprises with verifiable evidence and a competitive edge in the market.
Improving data governance and identifying emission reduction opportunities
The verification process can uncover issues such as omitted emission sources, inconsistent activity data, inappropriate emission factors, or a lack of quality control procedures.
Addressing these gaps helps enterprises improve their GHG data management systems. More reliable data also serves as a foundation for identifying major emission sources, prioritizing suitable reduction solutions, and tracking performance over successive reporting periods.
GreenCIC provides GHG validation and verification services based on the principles of impartiality, evidence-based approach, fair presentation, documentation, and conservativeness. Our services strictly comply with the Decree regulating GHG emission reduction and ozone layer protection, sector-specific guiding Circulars, and international standard guidelines.
With extensive experience in conducting GHG inventories and verifications across diverse sectors, including petroleum trading, commercial buildings, industrial manufacturing, transportation, banking & finance, real estate, information technology, and livestock farming, GreenCIC partners with businesses in verifying emissions data, enhancing report reliability, and fulfilling compliance and reporting requirements.
Learn more about GreenCIC’s validation and verification services at: https://greencic.vn/tham-dinh-va-tham-tra
greencic@greencic.vn
