Log in
Econ

Vietnam's National Assembly to legalize commitments at COP26

Vietnam’s commitments at the COP26 showcase its strong political will in the fight against climate change and transitioning to a green economy.

Vietnam’s National Assembly (NA) would step up its legislative role to ensure the country’s successful realization of commitments at COP26, including their legalization into the legal framework, and allocate funds for green growth.

 NA Chairman Vuong Dinh Hue and UK Cabinet Minister and President-Designate of COP26 Alok Sharma. Source: quochoi.vn

“The NA would continue supervising the Government in implementing national plans and potential adjustment toward green growth.”

NA Chairman Vuong Dinh Hue gave the remarks during a meeting with the UK Cabinet Minister and President-Designate of COP26 Alok Sharma on June 30.

At the meeting, the UK minister said the climate change issue has now become an urgent matter, and expressed his impression of Vietnam’s determination in transitioning to renewables.

Sharma also suggested the two countries could strengthen cooperation in terms of finance, regulation reform, and experience in the energy transition.

He announced UK Prime Minister Boris Johnson and President of the European Commission Ursula von der Leyen co-signed a letter to Prime Minister Pham Minh Chinh on the suggestion of setting up the Just Energy Transition Partnership (JETP) between G7 and Vietnam.

For his part, Vietnam NA Chairman Vuong Dinh Hue said the country has been one of the first pursuing millennium development goals (MDGs) and later sustainable development goals (SDGs), which have been legalized into law.

 Overview of the meeting. 

Hue stressed Vietnam’s commitments at the COP26 showcasing its strong political will in the fight against climate change and transitioning to a green economy.

“Such commitments are the contribution of Vietnam to the joint efforts of the international community in protecting the Earth,” he said.

Meanwhile, Vietnam just like other developing countries is facing multiple hurdles in realizing commitments.

“Beside domestic resources, the support from international partners, including the UK, is essential,” Hue stressed.

To accelerate the efforts toward net-zero carbon emission by 2050, Hue called for the two sides to continue cooperating in reducing greenhouse gas emissions and adapting to climate change.

“Vietnam seeks UK’s support in enhancing technical, financial capacity in moving to renewable energy,” he added.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam unveils new strategies to boost domestic market, aid businesses

Vietnam unveils new strategies to boost domestic market, aid businesses

As global trade uncertainties grow, Vietnam sees the domestic market not only as a key consumption driver but also a “lifeline” for businesses hit by protectionist export barriers.

Vietnam eyes US tilapia export boost as global supply falls

Vietnam eyes US tilapia export boost as global supply falls

Vietnam aims to increase tilapia output to 400,000 tons by 2030, making it the second-largest freshwater export species after pangasius.

Vietnam’s enterprises must act fast to weather US tariff shock: Experts 

Vietnam’s enterprises must act fast to weather US tariff shock: Experts 

Many of the key Vietnamese exports, such as wood products, electronics, and textiles, that are not on the US exclusion list could face steep tariffs.

Vietnam's mobile money pilot program extended to end of 2025

Vietnam's mobile money pilot program extended to end of 2025

Mobile Money, launched by the Ministry of Science and Technology, differs from e-wallets by linking users’ payment accounts directly to mobile phone numbers.

Vietnam taps innovation, global ties to elevate national brand

Vietnam taps innovation, global ties to elevate national brand

Vietnam is intensifying efforts to enhance its national brand, leveraging innovation, global partnerships, and strategic policies to bolster its global competitiveness and market presence.

Vietnam extends US$3.9 billion loan package for agro-forestry-fisheries

Vietnam extends US$3.9 billion loan package for agro-forestry-fisheries

The government has expanded the scope and scale of the credit program for the sectors which brought about US$62.4 billion worth of exports in 2024.

Vietnamese public shows rising satisfaction in 2024 PAPI survey

Vietnamese public shows rising satisfaction in 2024 PAPI survey

The 2024 PAPI survey found increasing citizen satisfaction with governance, but highlighted persistent administrative challenges, climate vulnerability, and gaps in access to public services.

Hanoi calls for VAT cuts and credit support amid US tariffs

Hanoi calls for VAT cuts and credit support amid US tariffs

Hanoi’s export-driven economy faces new challenges as the US, one of its top trading partners, considers imposing steep tariffs on Vietnamese goods.