Deputy Prime Minister Tran Hong Ha hosted a reception on March 27 for Mary L Schapiro, vice chairwoman of the Glasgow Financial Alliance for Net Zero (GFANZ).
Deputy Prime Minister Tran Hong Ha (right) and Mary L Schapiro, vice chairwoman of the Glasgow Financial Alliance for Net Zero (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Tran Hong Hahosted a reception on March 27 for Mary L Schapiro, vice chairwoman of theGlasgow Financial Alliance for Net Zero (GFANZ).
Vietnam is facing difficulties in establishingmechanisms and policies for green transition, the Deputy PM said, noting that many investors have expressed interest in renewable energyprojects but have yet to solve technology-related challenges concerningensuring the balance and stability of the national power grid, producing andusing green hydrogen and ammonia, energy storage solutions and electricityexport.
Vietnam aims to address legalobstacles in the near future while simultaneously piloting offshore wind and solarpower projects with energy storage solutions, and flexible power supply, hesaid.
The Deputy PM emphasised that Vietnam has built some energytransition projects such as enhancing capacity of hydropower plants in combinationwith solar and wind power, developing biomass electricity, transitioning to green transportation, reducing methane emissionson over 1 million hectares of rice fields and developing 5,000 MW of rooftopsolar power, but financial support is required to carry them out soon.
Vietnam hopes to receive technical assistance and expertisein devising and perfecting institutions, transferring technology and assessing thefeasibility of energy centres and offshore wind power, the official said.
He suggested that GFANZ establish clear financialmechanisms regarding the responsibilities of stakeholders, including Government,financial institutions and businesses, the specificity of funding sources for the renewable energy sector, and promptly materialise them through projects.
The Deputy PM also said that the alliance should have specific commitments relatingto finance and technology transfer from G7 countries and international partnerswithin the Joint Energy Transition Partnership (JETP).
Schapiro, for her part, said GFANZ will allocate financialresources for research, innovation, and technology transfer in the renewableenergy sector.
🦄 She said she expects to receive clear requests and proposalsfrom Vietnam's ministries and sectors regarding mechanisms for mobilising fundsin the international market for enterprises investing in smart griddevelopment, renewable energy, fossil energy transition, green fuel productionfrom solar and offshore wind power./.
Chairman of the European Parliament (EP)'s Committee on International Trade (INTA) Bernd Lange commended Vietnam’s progress and capacity in green transition, at a meeting with Permanent Vice Chairman of the Vietnamese National Assembly (NA) Tran Thanh Man in Brussels on November 15 (local time).
Low-carbon economic development towards a circular economy is becoming an inevitable tendency in the framework of the green transition with the creation and development of carbon markets seen as an increasingly crucial tool.
Deputy Prime Minister Le Minh Khai suggested Australia and New Zealand Banking Group Limited (ANZ) invest in high-tech, green transition, clean energy and renewable energy in Vietnam at a reception for its Chief Executive Officer Shayne Elliott in Hanoi on November 29.
Vietnam needs international support, financial cooperation, cutting-edge technology and high-quality personnel to serve its green transition, Prime Minister Pham Minh Chinh told a business forum in Dubai on December 2.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
Deputy Prime Minister Tran Hong Ha (right) and Mary L Schapiro, vice chairwoman of the Glasgow Financial Alliance for Net Zero (Photo: VNA) 
