Australia has made the initial investment under its Government's 2 billion AUD (1.3 billion USD) Investment Financing Facility, which Prime Minister Anthony Albanese unveiled at the ASEAN-Australia Special Summit earlier this year.
Malaysia is on track to increase its renewable energy capacity to 31% of the national energy mix by 2025, reflecting its determination to become a leading force in the region’s green transition.
Luhut Binsar Pandjaitan, Indonesia's coordinating minister for maritime affairs and investment, has stressed that the country’s clean energy transition is not only aimed at reducing carbon emissions but also promoting the development of green industries.
Green development, energy transition, and greenhouse gas emission reduction are inevitable, irreversible trends that Vietnam must take part in. They are also an opportunity to develop and restructure the economy in a green, clean and sustainable direction.
Dr. Kwak Sung-il, Director of the Security-Economic Strategy Bureau at the Korea Institute for International Economic Policy, has urged the Republic of Korea (RoK) and Vietnam to restructure their growth strategies toward emerging sectors such as semiconductor or clean energy in light of the rapidly evolving global economic landscape.
Minister of Foreign Affairs Bui Thanh Son has affirmed that Vietnam always considers the US a partner of strategic importance at a reception for visiting US Assistant Secretary of State for East Asian and Pacific Affairs Daniel J. Kritenbrink.
Vietnam has been a very good partner of the Indo-Pacific Economic Framework for Prosperity (IPEF) launched by the United States in May 2022, and the country has been playing a constructive role in the IPEF discussions, US Ambassador to Vietnam Marc Knapper spoke to the Vietnam News Agency.
The ASEAN Centre for Energy (ACE) and the Southeast Asia Smart Power Programme (SPP) under the United States Agency for International Development (USAID) on June 22 signed an agreement to advance regional clean energy priorities.
Vietnam is undergoing a transition to clean energy at an accelerating rate and is considered the leader of clean energy transition in Southeast Asia, according to an Indian research intern at the Southeast Asia and Oceania Centre under the Manohar Parrikar Institute for Defence Studies and Analyses (MP-IDSA), India.