The event, titled “Unlocking the European Market: From Compliance with the Carbon Border Adjustment Mechanism (CBAM) to Product Transparency through Life Cycle Assessment (LCA) and Environmental Product Declarations (EPD)”, was co-organized by the Ho Chi Minh City Green Business Association.
According to Mr. To Thanh Son, Sustainability Development Director at SGS Vietnam, the key requirement of CBAM is that enterprises must demonstrate transparent emissions data for each exported product.
Rather than calculating emissions for an entire factory, companies are required to separately identify emissions linked specifically to products exported to the EU. This includes emissions generated by electricity use, fuel consumption, and input materials to determine the CO₂ emission intensity per unit of product.
The EU remains one of Vietnam’s largest export markets, with bilateral goods trade reaching approximately EUR76 billion in 2025. However, industries with high carbon intensity, such as steel, aluminum, cement, and fertilizers, are facing mounting pressure from CBAM regulations.