Lam Son, Thanh Hoa farmers will sell carbon credits from sugarcane: A step forward for sustainable development of Vietnamese agriculture

The Lam Son carbon emission reduction project, a collaboration between Vietnam's Lam Son Sugarcane Joint Stock Company (Lasuco) and Idemitsu Vietnam, aims to reduce greenhouse gas emissions and improve productivity and income for local farming households. The project will initially cover 500 hectares of sugarcane areas, expanding to 8,000 hectares in 2026, using the regenerative agriculture model and satellite analysis technology. It plans to generate carbon credits under the 'Improved Agricultural Land Management' method, providing entry into the global carbon credit market for farmers. The project also aims to decrease reliance on chemical fertilizers, enhance sugarcane productivity, and promote sustainable agriculture in Vietnam.

This is not only one of the pioneering projects in reducing greenhouse gas emissions but also brings many practical benefits to thousands of local farming households, from improving productivity, increasing income to accessing the global carbon credit market. The Lam Son carbon emission reduction project focuses on applying the regenerative agriculture model, with the support of advanced satellite analysis technology from Sagri. According to the plan, the pilot phase from 2025 will apply to over 500 hectares of sugarcane material areas, expanding to 8,000 hectares by 2026. Mr. Le Van Phuong, General Director of Lam Son Sugarcane Joint Stock Company (Lasuco), affirmed: "Working with partners from the land of the rising sun, we have learned a lot from our Japanese friends. All profits from the project will be paid to farmers, helping them not only increase sugarcane productivity but also significantly improve their economic life. This is how we accompany farmers, creating ...