South Korea’s SK Group eyes green hydrogen project in Vietnam
Such a project utilizes natural gas to produce green hydrogen, with a key focus on using depleted gas fields for permanent storage of CO2 emissions during production.
Such a project utilizes natural gas to produce green hydrogen, with a key focus on using depleted gas fields for permanent storage of CO2 emissions during production.
Vietnam is committed to developing the aviation industry and creating favorable conditions for airlines, both state-owned and private, to grow and compete fairly.
Around 80,000 Vietnamese graduates in Australia have returned to their home country.
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In addition to trade which is the top priority for both countries, Vietnam and Australia enjoy “strategic trust” and “deep friendship.”
The partnership, valued at AUD95 million (US$64 million), started in Vietnam in 2012 and will now continue until 2026.
The partnership will enable Australian firms to strengthen business links and identify trade and investment opportunities in the energy sector in Vietnam.
Australia, the first industrialized nation to establish relations with Vietnam following the signing of the Paris Peace Accords, continues the support Vietnam to put their relationship on an extraordinary journey in which Vietnam is now one of Australia’s most important partners.
The support from the private sector is expected to support Vietnam’s climate action and inclusive economic growth.