{"id":1044,"date":"2025-06-11T11:18:51","date_gmt":"2025-06-11T04:18:51","guid":{"rendered":"https:\/\/thitruongcarbon.com\/?p=1044"},"modified":"2025-06-11T14:14:25","modified_gmt":"2025-06-11T07:14:25","slug":"decree-no-119-2025-nd-cp-everything-you-need-to-know","status":"publish","type":"post","link":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/","title":{"rendered":"Decree No. 119\/2025\/ND-CP: Everything You Need to Know"},"content":{"rendered":"<article class=\"text-token-text-primary w-full\" dir=\"auto\" data-testid=\"conversation-turn-2\" data-scroll-anchor=\"false\">\n<div class=\"text-base my-auto mx-auto py-5 [--thread-content-margin:--spacing(4)] @[37rem]:[--thread-content-margin:--spacing(6)] @[72rem]:[--thread-content-margin:--spacing(16)] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:32rem] @[34rem]:[--thread-content-max-width:40rem] @[64rem]:[--thread-content-max-width:48rem] mx-auto flex max-w-(--thread-content-max-width) flex-1 text-base gap-4 md:gap-5 lg:gap-6 group\/turn-messages focus-visible:outline-hidden\" tabindex=\"-1\">\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"relative flex-col gap-1 md:gap-3\">\n<div class=\"flex max-w-full flex-col grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"e0a738ff-2b93-41f4-81bd-7f82785cc65e\" data-message-model-slug=\"o3\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose dark:prose-invert w-full break-words dark\">\n<p data-start=\"67\" data-end=\"389\">The Government of Vietnam has just issued Decree 119\/2025\/ND-CP dated 9 June 2025, amending Decree 06\/2022\/ND-CP on greenhouse-gas (GHG) emission reduction and ozone-layer protection. This move tightens the responsibilities of emitting facilities and provides a legal corridor for operating the carbon market in Vietnam.<\/p>\n<p data-start=\"391\" data-end=\"758\"><em><strong>Th\u1ecb tr\u01b0\u1eddng Carbon<\/strong><\/em> takes a look at the main changes in Decree 119 and analyses the impacts that businesses need to understand\u2014especially in the energy, agriculture, forestry and heavy-industry sectors. The carbon market and carbon credits are the two core themes, reflecting Vietnam\u2019s determination to pursue sustainable development and align with global trends.<\/p>\n<p data-start=\"391\" data-end=\"758\"><img data-dominant-color=\"4f7373\" data-has-transparency=\"false\" style=\"--dominant-color: #4f7373;\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-1045 not-transparent\" src=\"http:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119-1024x683.webp\" alt=\"\" width=\"696\" height=\"464\" srcset=\"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119-1024x683.webp 1024w, https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119-300x200.webp 300w, https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119-768x512.webp 768w, https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119-150x100.webp 150w, https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119-696x464.webp 696w, https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119-1068x712.webp 1068w, https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp 1536w\" sizes=\"auto, (max-width: 696px) 100vw, 696px\" \/><\/p>\n<h3 data-start=\"765\" data-end=\"824\">Expanded Scope of Application and Key New Definitions<\/h3>\n<p data-start=\"826\" data-end=\"1375\">Decree 119 significantly expands its scope and introduces many new definitions relating to the carbon market. Specifically, the decree now applies to all organisations and individuals involved in activities of emitting, mitigating or absorbing GHGs; organising and developing the carbon market; and implementing domestic and international credit-trading and offsetting mechanisms. This means major emitters, companies participating in the carbon market, and even facilities producing or using ozone-depleting substances all fall under its purview.<\/p>\n<p data-start=\"1377\" data-end=\"1485\">The decree also adds a series of important legal definitions to clarify carbon-market concepts, including:<\/p>\n<ul data-start=\"1487\" data-end=\"3025\">\n<li data-start=\"1487\" data-end=\"1781\">\n<p data-start=\"1489\" data-end=\"1781\"><strong data-start=\"1489\" data-end=\"1530\">Paris Agreement Article 6.2 mechanism<\/strong> \u2013 the bilateral cooperation mechanism that allows countries to exchange carbon credits (mitigation outcomes) to meet their NDC targets. This is the national-to-national credit-trading framework under paragraph 2 of Article 6 of the Paris Agreement.<\/p>\n<\/li>\n<li data-start=\"1782\" data-end=\"2106\">\n<p data-start=\"1784\" data-end=\"2106\"><strong data-start=\"1784\" data-end=\"1825\">Paris Agreement Article 6.4 mechanism<\/strong> \u2013 an international market mechanism overseen by the UN that lets organisations register projects under UNFCCC-approved methodologies and receive carbon credits after validation. This succeeds the Clean Development Mechanism (CDM) and creates a globally supervised credit market.<\/p>\n<\/li>\n<li data-start=\"2107\" data-end=\"2381\">\n<p data-start=\"2109\" data-end=\"2381\"><strong data-start=\"2109\" data-end=\"2128\">Carbon exchange<\/strong> \u2013 now defined as a centralised trading system for buying and selling GHG-emission allowances and carbon credits. All domestic allowance and credit transactions must pass through this centralised exchange, ensuring transparency and unified management.<\/p>\n<\/li>\n<li data-start=\"2382\" data-end=\"2700\">\n<p data-start=\"2384\" data-end=\"2700\"><strong data-start=\"2384\" data-end=\"2439\">National registry system for allowances and credits<\/strong> \u2013 an IT system that manages the data and accounts of allowance\/credit holders, tracking all borrowing, surrendering, transfer and offsetting activity. It will link to the carbon exchange and provide the infrastructure backbone for an efficient carbon market.<\/p>\n<\/li>\n<li data-start=\"2701\" data-end=\"3025\">\n<p data-start=\"2703\" data-end=\"3025\"><strong data-start=\"2703\" data-end=\"2743\">Domestic carbon-credit methodologies<\/strong> \u2013 added to clarify how to calculate the GHG emission reductions or removals of a project relative to a \u201cwithout-project\u201d baseline. These underpin the volume of credits that domestic mitigation projects (e.g. renewable-energy, energy-saving or afforestation projects) can receive.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"3027\" data-end=\"3262\">These new definitions standardise terminology and align the domestic legal framework with international practice. By incorporating Articles 6.2 and 6.4, Vietnam signals its readiness to participate deeply in the global carbon market.<\/p>\n<h3 data-start=\"3269\" data-end=\"3338\">Carbon-Market Mechanism: Emission Allowances and Carbon Credits<\/h3>\n<p data-start=\"3340\" data-end=\"3552\">Decree 119 sets up a domestic carbon-market mechanism through an emissions-allowance and carbon-credit system. For the first time, a concrete roadmap for allocating allowances is laid out in amended Article 12.<\/p>\n<ul data-start=\"3554\" data-end=\"4565\">\n<li data-start=\"3554\" data-end=\"4095\">\n<p data-start=\"3556\" data-end=\"4095\"><strong data-start=\"3556\" data-end=\"3574\">2025\u201326 phase:<\/strong> Large emitters in power generation, iron and steel, and cement\u2014already on the mandatory GHG-inventory list\u2014will be given specific allowance allocations. The Ministry of Agriculture &amp; Environment (the focal agency) will coordinate with the Ministry of Industry &amp; Trade and the Ministry of Construction to draft the allocation plan for each facility and submit it to the Prime Minister for approval by 31 December 2025. This ensures that from 2025 the highest-emitting sectors operate under a controlled emissions \u201ccap\u201d.<\/p>\n<\/li>\n<li data-start=\"4096\" data-end=\"4565\">\n<p data-start=\"4098\" data-end=\"4565\"><strong data-start=\"4098\" data-end=\"4129\">2027\u201328 and 2029\u201330 phases:<\/strong> Coverage is widened and allowances refined. Sectoral ministries will propose the list of facilities and annual allowance volumes, sending them to the focal ministry by 30 June of the first year of each phase. The national cap will then be approved by the Prime Minister and distributed to facilities by 31 October of that first year\u2014creating a regular cycle that lets businesses plan mid-term emission reductions or credit purchases.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"4567\" data-end=\"5041\">Allowance-setting uses multiple technical and economic factors. The decree states each facility\u2019s allowance will be calculated on the basis of emission intensity per unit of product, sectoral growth targets, sector\/facility mitigation targets, mitigation potential and the facility\u2019s technological and financial capacity. A detailed formula is issued in an annex. This multi-criteria approach aims to ensure fair, feasible allocation and encourage technological upgrading.<\/p>\n<p data-start=\"5043\" data-end=\"5392\">An <strong data-start=\"5046\" data-end=\"5068\">emission allowance<\/strong> represents the right to emit a certain amount of GHGs. Decree 119 defines one allowance unit as the right to emit 1 tonne of CO\u2082 or 1 tonne of CO\u2082-equivalent. Facilities may use their allowances for compliant emissions or trade surplus allowances on the carbon market; if short, they must buy extra allowances or credits.<\/p>\n<p data-start=\"5394\" data-end=\"5855\">Alongside allowances, <strong data-start=\"5416\" data-end=\"5434\">carbon credits<\/strong> are units granted for verified GHG reductions (typically 1 tonne of CO\u2082 avoided). Decree 119 recognises credits generated from programmes or projects that reduce emissions from 1 January 2021 onward under both domestic (Article 20) and international (Article 20a) mechanisms. Crucially, older projects such as CDM or voluntary-market projects can convert post-2021 reductions into credits tradable on Vietnam\u2019s market.<\/p>\n<p data-start=\"5857\" data-end=\"6041\">Allowance and credit trading will take place centrally on the national carbon exchange, ensuring state-supervised, transparent transactions and preventing \u201cphantom\u201d credits or fraud.<\/p>\n<p data-start=\"6043\" data-end=\"6510\"><strong data-start=\"6043\" data-end=\"6085\">Surrendering allowances and offsetting<\/strong> \u2013 a key novelty is the obligation for facilities to surrender allowances at the end of each allocation period. A facility must return to the state at least the quantity equal to its actual emissions minus any offsets it has retired, via the national registry by 31 December of the year after the allocation period. Surplus surrender is encouraged; deficits trigger penalties and a deduction from the next-phase allocation.<\/p>\n<p data-start=\"6512\" data-end=\"6776\"><strong data-start=\"6512\" data-end=\"6535\">Banking flexibility<\/strong> \u2013 until 2030, unused allowances (after surrender) may be carried into the next phase and traded, provided surrender obligations were met. Thirty days after the surrender deadline, any leftover allowances not transferred will be cancelled.<\/p>\n<p data-start=\"6778\" data-end=\"6986\">In short, the allowance-and-credit system lets efficient emitters profit from surplus sales while hard-to-abate emitters can purchase compliance units\u2014laying the foundation for an operational carbon market.<\/p>\n<h3 data-start=\"6993\" data-end=\"7068\">Operating the Carbon Market: From Domestic Exchange to Global Linkage<\/h3>\n<p data-start=\"7070\" data-end=\"7197\">To run the market smoothly, Decree 119 clarifies market organisation, trading infrastructure and international participation.<\/p>\n<ul data-start=\"7199\" data-end=\"7819\">\n<li data-start=\"7199\" data-end=\"7533\">\n<p data-start=\"7201\" data-end=\"7533\"><strong data-start=\"7201\" data-end=\"7230\">Domestic carbon exchange:<\/strong> The Ministry of Finance will lead in designing and establishing the exchange and related financial policies. Once formed, the Ministry of Agriculture &amp; Environment will operate it, in coordination with other agencies, while provincial authorities help promote market development and public awareness.<\/p>\n<\/li>\n<li data-start=\"7534\" data-end=\"7819\">\n<p data-start=\"7536\" data-end=\"7819\"><strong data-start=\"7536\" data-end=\"7558\">National registry:<\/strong> The same ministry will build and manage the registry, ensuring data connectivity with the exchange. Every participant will have an account recording all allowance- and credit-related transactions, acting as a central carbon ledger to prevent double-counting.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"7821\" data-end=\"7861\"><strong data-start=\"7821\" data-end=\"7844\">Market participants<\/strong> are broadened:<\/p>\n<ul data-start=\"7863\" data-end=\"8195\">\n<li data-start=\"7863\" data-end=\"7923\">\n<p data-start=\"7865\" data-end=\"7923\"><strong data-start=\"7865\" data-end=\"7886\">Allowance traders<\/strong> \u2013 facilities allocated allowances.<\/p>\n<\/li>\n<li data-start=\"7924\" data-end=\"8028\">\n<p data-start=\"7926\" data-end=\"8028\"><strong data-start=\"7926\" data-end=\"7944\">Credit traders<\/strong> \u2013 any organisation in Vietnam may buy or sell carbon credits, boosting liquidity.<\/p>\n<\/li>\n<li data-start=\"8029\" data-end=\"8195\">\n<p data-start=\"8031\" data-end=\"8195\"><strong data-start=\"8031\" data-end=\"8068\">Transaction-support organisations<\/strong> \u2013 financial-service providers (banks, brokerages, carbon funds, consultancies) that act as intermediaries and market makers.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"8197\" data-end=\"8555\"><strong data-start=\"8197\" data-end=\"8209\">Roadmap:<\/strong> By end-2028 Vietnam will complete the registry, pilot the domestic exchange, run domestic credit-exchange and offset mechanisms, and build capacity. From 2029 the system will launch allowance auctions, refine rules and integrate with global markets\u2014mirroring the national roadmap announced earlier in 2025 to support a net-zero target by 2050.<\/p>\n<h3 data-start=\"8562\" data-end=\"8633\">Connecting with International Carbon Markets (Articles 6.2 &amp; 6.4)<\/h3>\n<p data-start=\"8635\" data-end=\"8818\">A breakthrough is the integration of international mechanisms, enabling cross-border crediting. Added Article 20a on \u201cInternational carbon-credit exchange and offset\u201d provides that:<\/p>\n<ul data-start=\"8820\" data-end=\"9496\">\n<li data-start=\"8820\" data-end=\"9019\">\n<p data-start=\"8822\" data-end=\"9019\"><strong data-start=\"8822\" data-end=\"8852\">Article 6.2 participation:<\/strong> Vietnam may sign bilateral or multilateral agreements to exchange credits with partner countries, supporting credit sales or joint projects (e.g. JCM-type schemes).<\/p>\n<\/li>\n<li data-start=\"9020\" data-end=\"9301\">\n<p data-start=\"9022\" data-end=\"9301\"><strong data-start=\"9022\" data-end=\"9052\">Article 6.4 participation:<\/strong> Domestic entities may register projects under the UN-supervised 6.4 mechanism. The focal ministry will receive dossiers, evaluate and issue Letters of Approval within 30 days. CDM projects may transition to 6.4 if they apply by 30 September 2025.<\/p>\n<\/li>\n<li data-start=\"9302\" data-end=\"9496\">\n<p data-start=\"9304\" data-end=\"9496\"><strong data-start=\"9304\" data-end=\"9339\">Other international mechanisms:<\/strong> Participation in other international crediting schemes (e.g. voluntary markets, regional systems, CORSIA) is also allowed, subject to each scheme\u2019s rules.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"9498\" data-end=\"9575\">To protect Vietnam\u2019s NDC, any transfer of credits abroad requires approval:<\/p>\n<ul data-start=\"9577\" data-end=\"10001\">\n<li data-start=\"9577\" data-end=\"9699\">\n<p data-start=\"9579\" data-end=\"9699\">For 6.2 projects, the focal ministry will issue written consent within five working days of a project owner\u2019s request.<\/p>\n<\/li>\n<li data-start=\"9700\" data-end=\"10001\">\n<p data-start=\"9702\" data-end=\"10001\">For publicly funded projects outside 6.2, the project owner must obtain comments from relevant ministries and secure approval from the focal ministry before exporting credits. Without this approval, the reductions may only serve Vietnam\u2019s NDC and not another country\u2019s, preventing double counting.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"10003\" data-end=\"10198\" data-is-last-node=\"\" data-is-only-node=\"\">With Decree 119, Vietnam stands ready to link its domestic market with the world, allowing local businesses to access international carbon finance while safeguarding national climate commitments.<\/p>\n<p data-start=\"10003\" data-end=\"10198\" data-is-last-node=\"\" data-is-only-node=\"\">Download the full version here: <a href=\"http:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/Nghi-dinh-so-119.pdf\">Nghi dinh so 119<\/a>.<\/p>\n<p data-start=\"10003\" data-end=\"10198\" data-is-last-node=\"\" data-is-only-node=\"\"><em><strong>Th\u1ecb tr\u01b0\u1eddng Carbon<\/strong><\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"absolute\">\n<div class=\"flex items-center justify-center\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<article class=\"text-token-text-primary w-full\" dir=\"auto\" data-testid=\"conversation-turn-3\" data-scroll-anchor=\"false\">\n<h5 class=\"sr-only\"><\/h5>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>The Government of Vietnam has just issued Decree 119\/2025\/ND-CP dated 9 June 2025, amending Decree 06\/2022\/ND-CP on greenhouse-gas (GHG) emission reduction and ozone-layer protection. This move tightens the responsibilities of emitting facilities and provides a legal corridor for operating the carbon market in Vietnam. Th\u1ecb tr\u01b0\u1eddng Carbon takes a look at the main changes in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1045,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[51,45,50],"tags":[],"class_list":{"0":"post-1044","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-domestic-markets","8":"category-insight","9":"category-policy"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.9 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Decree No. 119\/2025\/ND-CP: Everything You Need to Know - Th\u1ecb tr\u01b0\u1eddng Carbon<\/title>\n<meta name=\"description\" content=\"A look at the main changes in Decree 119 and its impacts that companies need to understand in the energy, agriculture, forestry sectors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Decree No. 119\/2025\/ND-CP: Everything You Need to Know\" \/>\n<meta property=\"og:description\" content=\"A look at the main changes in Decree 119 and its impacts that companies need to understand in the energy, agriculture, forestry sectors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/\" \/>\n<meta property=\"og:site_name\" content=\"Th\u1ecb tr\u01b0\u1eddng Carbon\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-11T04:18:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-11T07:14:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1536\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/thitruongcarbon.com\/en\/#\/schema\/person\/8cdfffe5c3b844ff4077abc2f26f20cf\"},\"headline\":\"Decree No. 119\/2025\/ND-CP: Everything You Need to Know\",\"datePublished\":\"2025-06-11T04:18:51+00:00\",\"dateModified\":\"2025-06-11T07:14:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/\"},\"wordCount\":1368,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thitruongcarbon.com\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp\",\"articleSection\":[\"Domestic markets\",\"Insight\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/\",\"url\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/\",\"name\":\"Decree No. 119\/2025\/ND-CP: Everything You Need to Know - Th\u1ecb tr\u01b0\u1eddng Carbon\",\"isPartOf\":{\"@id\":\"https:\/\/thitruongcarbon.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp\",\"datePublished\":\"2025-06-11T04:18:51+00:00\",\"dateModified\":\"2025-06-11T07:14:25+00:00\",\"description\":\"A look at the main changes in Decree 119 and its impacts that companies need to understand in the energy, agriculture, forestry sectors.\",\"breadcrumb\":{\"@id\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#primaryimage\",\"url\":\"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp\",\"contentUrl\":\"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp\",\"width\":1536,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.thitruongcarbon.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Decree No. 119\/2025\/ND-CP: Everything You Need to Know\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thitruongcarbon.com\/en\/#website\",\"url\":\"https:\/\/thitruongcarbon.com\/en\/\",\"name\":\"Th\u1ecb tr\u01b0\u1eddng Carbon\",\"description\":\"Th\u1ecb tr\u01b0\u1eddng Carbon, T\u00edn ch\u1ec9 Carbon\",\"publisher\":{\"@id\":\"https:\/\/thitruongcarbon.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thitruongcarbon.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thitruongcarbon.com\/en\/#organization\",\"name\":\"Th\u1ecb tr\u01b0\u1eddng Carbon\",\"url\":\"https:\/\/thitruongcarbon.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thitruongcarbon.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2024\/11\/Logo-Carbon-final-0411-RGB-web-05-png.avif\",\"contentUrl\":\"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2024\/11\/Logo-Carbon-final-0411-RGB-web-05-png.avif\",\"width\":1226,\"height\":361,\"caption\":\"Th\u1ecb tr\u01b0\u1eddng Carbon\"},\"image\":{\"@id\":\"https:\/\/thitruongcarbon.com\/en\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/thitruongcarbon.com\/en\/#\/schema\/person\/8cdfffe5c3b844ff4077abc2f26f20cf\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thitruongcarbon.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/acbfe5acc417880d0882c63170892b3e2384a9ddc3214e28db9febe78529365f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/acbfe5acc417880d0882c63170892b3e2384a9ddc3214e28db9febe78529365f?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\/\/thitruongcarbon.com\/en\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Decree No. 119\/2025\/ND-CP: Everything You Need to Know - Th\u1ecb tr\u01b0\u1eddng Carbon","description":"A look at the main changes in Decree 119 and its impacts that companies need to understand in the energy, agriculture, forestry sectors.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/","og_locale":"en_US","og_type":"article","og_title":"Decree No. 119\/2025\/ND-CP: Everything You Need to Know","og_description":"A look at the main changes in Decree 119 and its impacts that companies need to understand in the energy, agriculture, forestry sectors.","og_url":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/","og_site_name":"Th\u1ecb tr\u01b0\u1eddng Carbon","article_published_time":"2025-06-11T04:18:51+00:00","article_modified_time":"2025-06-11T07:14:25+00:00","og_image":[{"width":1536,"height":1024,"url":"https:\/\/www.thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#article","isPartOf":{"@id":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/"},"author":{"name":"admin","@id":"https:\/\/thitruongcarbon.com\/en\/#\/schema\/person\/8cdfffe5c3b844ff4077abc2f26f20cf"},"headline":"Decree No. 119\/2025\/ND-CP: Everything You Need to Know","datePublished":"2025-06-11T04:18:51+00:00","dateModified":"2025-06-11T07:14:25+00:00","mainEntityOfPage":{"@id":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/"},"wordCount":1368,"commentCount":0,"publisher":{"@id":"https:\/\/thitruongcarbon.com\/en\/#organization"},"image":{"@id":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#primaryimage"},"thumbnailUrl":"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp","articleSection":["Domestic markets","Insight","Policy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/","url":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/","name":"Decree No. 119\/2025\/ND-CP: Everything You Need to Know - Th\u1ecb tr\u01b0\u1eddng Carbon","isPartOf":{"@id":"https:\/\/thitruongcarbon.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#primaryimage"},"image":{"@id":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#primaryimage"},"thumbnailUrl":"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp","datePublished":"2025-06-11T04:18:51+00:00","dateModified":"2025-06-11T07:14:25+00:00","description":"A look at the main changes in Decree 119 and its impacts that companies need to understand in the energy, agriculture, forestry sectors.","breadcrumb":{"@id":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#primaryimage","url":"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp","contentUrl":"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2025\/06\/ND119.webp","width":1536,"height":1024},{"@type":"BreadcrumbList","@id":"https:\/\/thitruongcarbon.com\/en\/2025\/06\/11\/decree-no-119-2025-nd-cp-everything-you-need-to-know\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.thitruongcarbon.com\/en\/"},{"@type":"ListItem","position":2,"name":"Decree No. 119\/2025\/ND-CP: Everything You Need to Know"}]},{"@type":"WebSite","@id":"https:\/\/thitruongcarbon.com\/en\/#website","url":"https:\/\/thitruongcarbon.com\/en\/","name":"Th\u1ecb tr\u01b0\u1eddng Carbon","description":"Th\u1ecb tr\u01b0\u1eddng Carbon, T\u00edn ch\u1ec9 Carbon","publisher":{"@id":"https:\/\/thitruongcarbon.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thitruongcarbon.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thitruongcarbon.com\/en\/#organization","name":"Th\u1ecb tr\u01b0\u1eddng Carbon","url":"https:\/\/thitruongcarbon.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thitruongcarbon.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2024\/11\/Logo-Carbon-final-0411-RGB-web-05-png.avif","contentUrl":"https:\/\/thitruongcarbon.com\/wp-content\/uploads\/2024\/11\/Logo-Carbon-final-0411-RGB-web-05-png.avif","width":1226,"height":361,"caption":"Th\u1ecb tr\u01b0\u1eddng Carbon"},"image":{"@id":"https:\/\/thitruongcarbon.com\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/thitruongcarbon.com\/en\/#\/schema\/person\/8cdfffe5c3b844ff4077abc2f26f20cf","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thitruongcarbon.com\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/acbfe5acc417880d0882c63170892b3e2384a9ddc3214e28db9febe78529365f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/acbfe5acc417880d0882c63170892b3e2384a9ddc3214e28db9febe78529365f?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/thitruongcarbon.com\/en\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/posts\/1044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/comments?post=1044"}],"version-history":[{"count":2,"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/posts\/1044\/revisions"}],"predecessor-version":[{"id":1052,"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/posts\/1044\/revisions\/1052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/media\/1045"}],"wp:attachment":[{"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/media?parent=1044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/categories?post=1044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thitruongcarbon.com\/en\/wp-json\/wp\/v2\/tags?post=1044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}