Belgian King's Visit to Vietnam Sparks Green Hydrogen Cooperation
Key Ideas
- Belgian King Philippe's visit to Vietnam marked a milestone in bilateral relations as deals were signed to cooperate on green hydrogen production.
- Belgian engineering group John Cockerill signed agreements for potential investment in a factory in Vietnam to manufacture hydrogen-producing machines.
- Vietnam aims to have 15 gigawatts of hydrogen-based electricity production by mid-century, showcasing a commitment to sustainable energy sources.
- Top EU leaders, including Spain's Prime Minister and the EU trade commissioner, are expected to deepen relations with Vietnam amidst trade tensions with the US.
Belgium's King Philippe visited Vietnam, where the two countries signed agreements to collaborate on green hydrogen production. This visit was seen as a significant step in their bilateral relations. During the visit, Belgian engineering group John Cockerill signed initial agreements with Vietnamese partners for a potential investment in a factory to manufacture machines that produce hydrogen. Vietnam has ambitious plans to have 15 gigawatts of electricity production from hydrogen by 2050, showcasing a dedication to sustainable energy sources. The agreements signed highlight the growing cooperation between Belgium and Vietnam in the field of renewable energy. Alongside this, top EU leaders are expected to visit Vietnam soon to further strengthen relations with Hanoi amidst escalating trade tensions with the United States. The visit of King Philippe and the signed agreements signal a positive development in the collaboration between Belgium and Vietnam in the realm of green hydrogen production and sustainable energy.