Vietnam, Russia to boost energy and oil cooperation
Vietnam and Russia seek further cooperation in the energy and oil sectors as key to furthering bilateral relations.
Vietnam and Russia seek further cooperation in the energy and oil sectors as key to furthering bilateral relations.
The move would help contribute to Vietnam’s commitment to achieving net-zero greenhouse gas emissions by 2050.
Hanoi authorities have teamed up with relevant agencies to provide technical assistance to businesses in developing energy efficiency indices and adopting advanced energy-saving technologies.
Bilateral cooperation is based on a long tradition of friendship, mutual support, and shared benefits, aimed at ensuring the happiness and prosperity of both peoples, said the Russian Ambassador to Vietnam Gennady Bezdetko.
Germany stands ready to cooperate with Vietnam on energy transition through the Just Energy Transition Partnership (JETP).
Vietnam reiterated its commitment to fulfill its obligations under international treaties and promote the peaceful use of nuclear technology.
The ASEAN Foundation and SAP are working together to empower young people to create innovative solutions to improve the lives of the ASEAN community, including the production of green energy and its economic benefits.
Expertise from one of the world’s leading renewable producers is significant for Vietnam amid the need to have clear and transparent regulatory framework.
The aim is to reduce air and noise pollution in the capital by developing a modern public transport network.
Adani expects to invest in Vietnam's thermal power plants and participate in the development of both the renewable energy industry and key thermal energy projects.
Promoting investment in renewable energy is part of Vietnam’s efforts to seek technical and financial support and policy consultation to obtain its climate goals.
A number of waster-to-energy power plants is set to become operational next year.
The UK is a proactive participant in the International Partners Group assisting Vietnam’s energy transition via the Just Energy Transition Partnership Program (JETP), which is expected to raise US$15.5 billion in funding over the course of the next three to five years.
The electricity will be transmitted via a new 1,000-kilometer submarine cable, with the capacity to supply 10% of Singapore's annual energy needs.
Energy is one of the key pillars in Vietnam-Germany relations over the past decades with a series of projects and programs operated by The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) – the German Development Agency.
Climate response is included in the two countries’ joint statement on the Comprehensive Strategic Partnership, which would govern multisectoral cooperation in the future.