China regards Vietnam as a priority in its overall neighborhood diplomacy, supporting the country’s successful industrialization, modernization, and expansion of its international role.
Vietnam addresses five key factors it needs to fuel the net zero path, including finance, infrastructure, technologies, governance, and human resources.
Japanese companies are running nearly 5,200 projects in Vietnam with a total registered capital of US$71 billion.
President Vo Van Thuong will travel to the United Kingdom to attend the coronation ceremony of King Charles III in early May.
Vietnam has set a goal to increase the contribution of the green economy to GDP from $6.7 billion in 2020 to $300 billion by 2050.
European firms plan to invest billions of US dollars into Vietnam’s renewables industry, including wind projects.
PM Pham Minh Chinh hopes Standard Chartered Bank will help Vietnam increase its access to green funding on the country’s pursuit of green growth in the future.
The Business Climate Index is the leading indicator of the European business and investment community in Vietnam.
Vietnam aims to become an ideal environment for green businesses as the country remains steadfast in pursuing sustainable development.
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.
The strategy is significant given the fact that Vietnam has long been seen as one of the most vulnerable countries to climate change, natural disasters, and diseases.
Vietnam targets to slash greenhouse emissions by at least 15% in 2030.
Both sides share the same view on the importance of improving the healthcare system, social welfare, addressing climate change, and promoting digital transformation.
