Vietnamese farmers have received financial rewards for successfully reducing emissions on their rice farms using a new alternative farming method. The method, which includes alternating flooding and drying, and the use of biological products, has been rated as healthier than traditional farming methods. This initiative, in collaboration with Net Zero Carbon Company and BSB Nanotech Company, offers a significant opportunity for farmers to earn climate finance, with the UN-backed market projected to reach a transaction value of 250 billion USD per year by 2030. Meanwhile, the Vietnamese forestry sector is expected to generate 60-70 million tons of CO2 credits annually by improving forest productivity and quality. The government is encouraging farmers to adopt emission reduction models and sustainable production solutions, underscoring the importance of agriculture in achieving Vietnam's emission reduction targets.