Vietnam

Country indicators

GDP per capita - gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. (Source: World Bank)

GDP per capita
(USD):

2,123.46

Fossil fuel subsidies (USD, billions) - All consumer and producer pre-tax subsidies. Pre-tax consumer subsidies exist when energy consumers pay prices that are below the costs incurred to supply them with this energy. (Source: IMF)

Fossil fuel subsidies (USD, billions):

1.11

Fossil Fuel Subsidies as % of GDP - All consumer and producer pre-tax subsidies as percent of a country’s GDP. (Source: IMF)

Fossil fuel subsidies
(% of GDP):

0.5

Fossil Fuel Subsidies with externalities as % of GDP - All consumer and producer post-tax subsidies. Post-tax consumer subsidies exist if consumer prices for energy are below supply costs plus the efficient levels of taxation. (Source: IMF)

Fossil fuel subsidies with externalities (% of GDP):

-10.54

Revenue from environmentally related taxes as % of GDP - All revenue from environmentally related taxes - defined as any compulsory, unrequited payment to general government levied on tax-bases deemed to be of particular environmental relevance – as percent of a country’s GDP. (Source: OECD)

Revenue from environmentally related taxes (% of GDP):

n/a

Carbon pricing gap - Measure of how much countries fall short of pricing carbon emissions in line with a EUR 60 benchmark value (midpoint estimate of the carbon costs in 2020 and a low-end estimate for 2030). The difference is presented as percentage: If the Effective Carbon Rate (ECR) on all emissions is at least as high as the benchmark, the gap is zero, and if the ECR is zero throughout, the gap is 100%. (Source: OECD)

Carbon Pricing Gap
(%):

n/a

News

Southeast Asia could lose $28 trillion if it fails to act fast on climate change, report finds

2021-09-07

Southeast Asia’s economy is set to lose trillions over the next 50 years if it does not significantly reduce its carbon emissions, a Deloitte report found.

Vietnam blows by Thailand in clean energy race

2021-07-05

Bureaucracy is hampering Bangkok’s renewable energy drive as rival Vietnam powers into the regional lead. Thailand is lagging Vietnam in the race to transition from fossil fuels to clean energy

P4G Seoul Summit unites world leaders for inclusive green recovery, serves as stepping stone for next climate COP

2021-06-14

P4G Seoul Summit wrapped up on May 31, proclaiming global inclusive green growth in Seoul Declaration. The Summit called for global cooperation in climate change response; developed countries announce support for

Reports

Carbon pricing insights from Vietnam (ANU Zero-Carbon Energy for the Asia-Pacific Project)

2021-10-11

Reducing greenhouse gas emissions is a matter of national interest for Vietnam, one of the most vulnerable countries to global climate change. Serious local air pollution, particularly in large cities, has also increased the case for effective emission reduction policies.

A clean COVID-19 pandemic recovery: the global opportunity (EY Parthenon)

2021-07-12

Ready-to-go renewable energy projects can provide emissions reduction, jobs and economic growth. With the right policy levers, areas in most need of jobs and growth can be winners in the green recovery.

A climate of fairness: Environmental Taxation and Tax Justice in Developing Countries (VIDC)

2019-01-08

This report published by the Vienna Institute for International Dialogue and Cooperation (VIDC) and authored by Jacqueline Cottrell and Tatiana Falcão, explores the trade-offs and complementarities between environmental taxation and social equity. It analyses the

Policy Briefs

Viet Nam – Country profile

2017-03-30

Background Vietnam is located in South East Asia and has a tropical climate in the south and a monsoon climate in the north. Vietnam has low, flat deltas in the

Vietnam

Country indicators

News

Southeast Asia could lose $28 trillion if it fails to act fast on climate change, report finds

Vietnam blows by Thailand in clean energy race

P4G Seoul Summit unites world leaders for inclusive green recovery, serves as stepping stone for next climate COP

Reports

Carbon pricing insights from Vietnam (ANU Zero-Carbon Energy for the Asia-Pacific Project)

A clean COVID-19 pandemic recovery: the global opportunity (EY Parthenon)

A climate of fairness: Environmental Taxation and Tax Justice in Developing Countries (VIDC)

Policy Briefs

Viet Nam – Country profile

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