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The private sector plays a huge role in helping to achieve this goal, and companies must commit and take concrete action in accordance with the Paris Agreement.

Vietnam is estimated to need US$167 billion in annual investments in 2050 for its net-zero scenario.

Seizing the opportunity laid out by its clean energy resources and phasing out coal could be key for Vietnam’s green growth path.

Vietnam focuses on mitigation and adaptation in implementing the Paris Agreement through bilateral and multilateral cooperation and new mechanisms.