Viet Nam Strengthens Greenhouse Gas Monitoring in Transport with New Circular

The Ministry of Transport of Viet Nam has issued Circular No. 63/2024/TT-BGTVT, outlining technical regulations for Measurement, Reporting, and Verification (MRV) of greenhouse gas (GHG) emissions and inventory in the transport sector. This circular, effective from 15 February 2025, marks a significant step in Viet Nam’s commitment to reducing carbon emissions and aligning with international climate obligations under the Paris Agreement.

Key Provisions of Circular 63/2024/TT-BGTVT

• GHG Measurement, Reporting, and Verification (MRV) Methodology: Establishes a structured methodology for tracking emissions at both sector and facility levels.
• GHG Inventory Methodology: Outlines data collection and reporting processes to ensure comprehensive emissions tracking.
• Sectoral and Facility Responsibilities: Assigns clear roles for institutions such as the Transport Development Strategy Institute and the Department of Science, Technology, and Environment in verifying and compiling emissions data.
• Digital MRV System: Introduces an online platform for improved efficiency and transparency in emissions reporting.

With a structured methodology, the circular ensures that data collection, emission calculations, and verification adhere to international best practices, including IPCC 2006 guidelines. It mandates transparency, consistency, and accuracy in emission reporting, facilitating comparisons across different transport sub-sectors such as road, rail, inland waterways, maritime, and aviation.

Implications for the Transport Sector

The issuance of Circular 63/2024/TT-BGTVT represents a major step towards a greener, more sustainable transport sector in Viet Nam. Its implementation will drive significant changes across various dimensions of sustainable development:

1. Strengthening Climate Action and Carbon Reduction

By institutionalising a robust MRV framework, the circular enhances Viet Nam’s ability to track and mitigate GHG emissions effectively. This will be instrumental in achieving the country’s NDC and “Net-zero” commitment. Improved emissions data allows for better policymaking and targeted interventions to reduce transport-related carbon footprints.

2. Enhancing Transport Sector Accountability and Efficiency

The circular obliges transport operators, logistics companies, and local authorities to align their reporting systems with national standards. This shift promotes greater accountability and operational efficiency, ensuring that emissions reduction efforts are verifiable and measurable. The structured verification process minimises discrepancies and enhances compliance with climate regulations.

3. Driving Green Investments, Innovation, and International Climate Cooperation

The systematic monitoring of emissions fosters a favourable environment for sustainable investments. International investors and development partners may find increased opportunities in Viet Nam’s decarbonizationdecarbonisation efforts, including cleaner fuel alternatives, electric vehicle adoption, and smart transportation systems. Additionally, the digitalisation of the MRV system facilitates the integration of advanced technologies for more efficient emissions tracking. 

By enforcing rigorous GHG monitoring, Viet Nam reaffirms its commitment to international climate frameworks. This strengthens its credibility in global climate negotiations and enhances its ability to secure funding and technical support for sustainable transport initiatives. 

Circular 63/2024/TT-BGTVT is a transformative policy that aligns Viet Nam’s transport sector with global sustainability standards. By improving emissions monitoring, facilitating investment in green technologies, and promoting cleaner transport solutions, the circular plays a crucial role in Viet Nam’s transition towards a low-carbon and sustainable future.