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G7 agreed to put Vietnam on the priority list for energy cooperation

G7 agreed to put Vietnam on the priority list for energy cooperation

On May 22, Deputy Prime Minister Le Minh Khai had many contact and exchange activities before the World Economic Forum Conference.

Deputy Prime Minister Le Minh Khai received Minister, Chairman of the 26th Conference of Parties to the United Nations Framework Convention on Climate Change (COP26) Alok Sharma, Chairman of the Economic Forum world (WEF) Borge Brende; President and CEO, Vestas Wind Systems Group Mr. Henrik Anderson and President of the New Development Bank (NDB) Marcos Troyjo.

At the meeting with the Minister and COP26 President Alok Sharma, Deputy Prime Minister Le Minh Khai said that Vietnam has implemented many comprehensive and comprehensive measures in the field of energy conversion and transforming the growth model towards green and circular direction to implement the commitments made. launched at COP26.

 

The Deputy Prime Minister shared that ensuring energy security to serve growth goals and reduce emissions is a very complex problem, requiring the support of the international community in terms of resources, technology, and energy. governance capacity, therefore Vietnam hopes that the UK, EU and other G7 countries will soon have specific commitments to support Vietnam in this field.

Minister and COP26 President Alok Sharma expressed his impression and thought that Vietnam had made the right decision when making a commitment to net zero emissions by 0 at COP 2050, and highly appreciated Vietnam's efforts. promote the implementation of this commitment, especially the establishment of the National Steering Committee to implement the commitment at the COP26 Conference headed by the Prime Minister.

Minister Alok Sharma assessed that Vietnam has many strengths in renewable energy, saying that at the March 3 meeting, according to the UK's proposal, G2022 members agreed to include Vietnam in the list of G7 countries. Prioritize energy cooperation.

Mr. Alok Sharma hopes that G7 countries and Vietnam will soon reach a cooperation agreement on fair and sustainable energy transition.

At the meeting with WEF President Borge Brande, Deputy Prime Minister Le Minh Khai conveyed Prime Minister Pham Minh Chinh's greetings to Professor Klaus Schwab, Founder and Executive Chairman of WEF.

The Deputy Prime Minister suggested that WEF continue to promote its role as a bridge between the Government and businesses in shaping development trends and promoting new growth drivers.

Both sides are pleased to see that the Vietnam - WEF partnership is increasingly developing positively and substantially. The Deputy Prime Minister emphasized that Vietnam focuses on building an independent and self-reliant economy, while continuing to promote deep, comprehensive, effective international integration and enhancing Vietnam's position in supply chains. global response.

The WEF President agreed with Vietnam's development orientations and viewpoints, expressing his desire to continue promoting the Vietnam - WEF partnership, especially in the fields of digital transformation, taking advantage of the achievements of innovation. industrial network 4.0, sustainable agricultural development, energy conversion, labor skills training to meet market needs in the new era. WEF will continue to coordinate with Vietnam to organize the 2nd National Strategic Dialogue in the near future.

At the meeting with Mr. Henrik Anderson, Chairman and CEO of Vesta Wind System Group, Deputy Prime Minister Le Minh Khai highly appreciated the Group's capacity, experience and efforts in participating in the development of wind power projects in Vietnam.

The Deputy Prime Minister shared that Vietnam is in the process of completing Power Plan VIII and moving towards the national energy transition.

Accordingly, Vietnam's total power demand by 2025 is more than 100.000 MW, 2030 MW by 150.000, of which, renewable energy demand by 2025 is more than 36.000 MW, 2030 is nearly 50.000 MW and the total The average renewable energy demand accounts for more than 30% of total electricity demand.

On that basis, the Government of Vietnam encourages foreign investors, especially investors with capacity, experience and finance, to participate in developing renewable energy, contributing to the development process. sustainable development of Vietnam.

Vestas Chairman shared that Vietnam will continue to be one of the Group's key markets in the coming time. The Group is ready to exchange and coordinate with the Vietnamese Government to improve the efficiency and competitiveness of Vietnam's energy industry, thereby hoping that Vietnam will soon complete Power Plan VIII and have a price mechanism for energy. stable regeneration.

President of the New Development Bank (NDB) Marcos Troyjo highly appreciated Vietnam's outstanding economic development in the past decades and that Vietnam will be a bright star in economic development in the coming time.

NDB wishes to cooperate and provide financial support for Vietnam's economic recovery and development process.

President of the New Development Bank (NDB) Marcos Troyjo said that NDB's activities are designed to suit the conditions and needs of each country to maximize efficiency, focusing on loans in the field of development. areas such as clean energy, transport infrastructure, irrigation, water management and sanitation, sustainable urban development and economic cooperation and integration.

Deputy Prime Minister Le Minh Khai shared that these are areas where Vietnam is in great investment demand. Vietnam has a lot of experience participating in multilateral financial organizations, in which Vietnam has good, long-standing and close bilateral relations with current member countries of the NDB.

This is the basis for Vietnam to further expand cooperation with the international community, including NDB Bank in the future when favorable and suitable conditions arise.

According to Traffic Newspaper
 
 
 
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