Belgium's King Visits Vietnam, Signs Deals on Green Hydrogen Cooperation
Key Ideas
  • Belgium's King Philippe visited Vietnam, signing agreements on green hydrogen cooperation with plans for a factory in the region.
  • Vietnam aims to have 15 GW of electricity from hydrogen by mid-century, a step towards sustainable energy production.
  • The visit marks a milestone in bilateral relations, emphasizing the importance of green hydrogen as a renewable energy source.
  • The agreements between Belgian and Vietnamese partners signal a potential investment in manufacturing hydrogen electrolyzers in Vietnam.
Belgium's King Philippe visited Vietnam, accompanied by a delegation of business, academic, and political representatives. During the visit, deals were signed between the two countries to cooperate on green hydrogen initiatives. Vietnam's President Luong Cuong expressed the significance of the visit in enhancing bilateral relations and encouraged Belgium to ratify an investment protection agreement with the European Union. The agreements included plans for a Belgian engineering group to collaborate with Vietnamese partners on producing green hydrogen, a sustainable fuel derived from water using renewable energy sources. Vietnam has set ambitious goals to generate 15 gigawatts of electricity from hydrogen by 2050, contributing around 2% of the country's total planned capacity. This target signifies Vietnam's commitment to transitioning towards cleaner energy sources. The agreements signed during King Philippe's visit represent the first steps towards a potential investment in establishing a hydrogen electrolyzer manufacturing facility in Vietnam. The move aligns with both countries' efforts to promote sustainable energy production in the region. The visit also highlighted the growing importance of green hydrogen in global energy strategies. As the world shifts towards cleaner energy solutions, collaborations like these play a crucial role in advancing renewable technologies. The agreements between Belgium and Vietnam exemplify international cooperation in the pursuit of sustainable development and environmental conservation. Overall, the visit symbolizes a positive step towards fostering green hydrogen initiatives and strengthening diplomatic ties between the two nations.
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