Vietnam-Europe Green Economy Cooperation: A Step Towards Sustainability
Key Ideas
  • Vietnam and Europe collaborate at the Green Economy Forum to deepen green transition cooperation and seek funding, technology, and training for sustainable development.
  • Deputy Prime Minister Bui Thanh Son highlights Vietnam's initiatives for sustainability and calls for European companies to invest in research centers in Vietnam.
  • Issues of cost-effectiveness and regulatory development in Vietnam's green transition are discussed at the forum, with a focus on attracting investment and utilizing green technologies.
  • Pavilions from Norway, the Netherlands, and Switzerland showcase solutions and projects in sustainable infrastructure, agriculture, and manufacturing to address climate change challenges.
Vietnam's Deputy Prime Minister and Minister of Foreign Affairs, Bui Thanh Son, attended the Green Economy Forum and Exhibition in collaboration with EuroCham Vietnam and the Ministry of Industry and Trade. The forum aimed to strengthen green transition cooperation between Vietnam and Europe, featuring over 200 exhibitors and more than a hundred speakers discussing key themes like energy efficiency and low-carbon agriculture. Son expressed the need for European expertise in carbon markets and green hydrogen development, emphasizing the importance of funding, technology, and training support. European investment in Vietnam was underscored, with calls for establishing research centers in sustainable sectors. Noteworthy initiatives include cultivating low-carbon rice and setting green growth targets, with a recent $2.5 billion ODA loan secured for infrastructure projects in the Mekong Delta. The forum also addressed the early stages of Vietnam's green transition, focusing on cost-effectiveness and regulatory frameworks. Norwegian and Dutch pavilions highlighted solutions for hydrogen storage, digital technologies, and sustainable infrastructure projects. The Swiss pavilion showcased sustainable initiatives in Vietnam, stressing the need for a competitive environment to tackle environmental issues. From addressing sustainability challenges to promoting joint development projects, the forum exemplified the commitment of both Vietnam and Europe towards building a greener and more sustainable future.
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