Cop26

Over the past five years, USAID has been working closely with Vietnam to foster collective action by local actors.

The move is among Hanoi's efforts to fulfill Vietnam's commitment made at COP26 on climate change.

Vietnam’s new green buildings represent an almost $80 billion investment opportunity.

The OECD and multinationals such as Airbus and MSC are committed to supporting Vietnam as the country is pushing for economic recovery in the post-pandemic period.

AstraZeneca will supply 25 million doses of the Covid-19 vaccine to Vietnam in December, lifting the total to 55 million.

International leaders believe that Vietnam’s commitments to global climate issues help boost investors’ confidence in supporting the country’s green growth targets.

Part of the World Bank’s US$321-million commitment is aimed to mitigate climate vulnerabilities in Vietnam’s biggest business hub of Ho Chi Minh City.

Vietnam pledged to reduce greenhouse gas emissions by 9% by 2030 with domestic resources and could be increased up to 27% with international support.

Given its central geostrategic location, a burgeoning economy, and large population, Vietnam is fast becoming a key partner of the UK in the Indo-Pacific region.

Vietnam is committed to stepping up efforts against climate change and transition towards a green economy, Prime Minister Pham Minh Chinh has said.