Chairman of the National Assembly Vuong Dinh Hue hosted a reception for the visiting Governor of Japan Bank for International Cooperation (JBIC), Maeda Tadashi, in Hanoi on July 22 during which the Vietnamese top legislator spoke highly of his guest’s recommendations for Vietnam in energy transition.
Chairman of the National Assembly Vuong Dinh Hue meets the visiting Governor of Japan Bank for International Cooperation (JBIC), Maeda Tadashi, in Hanoi on July 22. (Photo: VNA)
Hanoi (VNA) – Chairman of the National AssemblyVuong Dinh Hue hosted a reception for the visiting Governor of Japan Bank forInternational Cooperation (JBIC), Maeda Tadashi, in Hanoi on July 22 during whichthe Vietnamese top legislator spoke highly of his guest’s recommendations forVietnam in energy transition.
Welcoming the JBIC leader, Hue said the NA supports theVietnam-Japan strategic partnership to grow strongly in a comprehensive and substantive manner. Vietnam and Japan have a lot to supplement each other, given that bothcountries are signatories to the Comprehensive and Progressive Agreement for Trans-PacificPartnership (CPTPP) and the Regional Comprehensive Economic Cooperation (RCEP).
Maeda said his bank plays a key role in providing creditand funding for Japan’s international cooperation projects. JBIC has beenpushing for Japan’s initiative on developing an “Asian zero-emissions community”and Japan Energy Transition Initiative, he noted.
He then put forward several recommendations to help Vietnam realiseits commitment of achieving net-zero emissions by 2050 at the 26th UN Climate Change Conference (COP26) last year.
Expressing his thanks for Maeda’s recommendations, Huesaid the world is facing many uncertainties and suffering heavy toll caused byCOVID-19, which not only challenge the recovery process but also affect the realisationof Vietnam’s COP26 commitment.
According to Hue, achieving net zero emissions by 2050 is a challengefor Vietnam. He held that however, with its self-reliance and cooperation from foreignpartners, including Japan, Vietnam will accomplish the goal.
He hoped that JBIC and other development partners will supportVietnam in improving its regulatory framework and institutions for sustainabledevelopment, particularly with regard to climate change adaption and energytransition.
The Vietnamese NA is revising the Law on Oil and Gas and theLaw on Electricity as well as various master plans and key policies of thenation, he noted.
Vietnam looks forward to receiving JBIC’s technicalconsultation in developing the most feasible strategy and roadmap for the energytransition, he said, adding that Vietnamwants JBIC to help access funding for its green energy and energytransition projects that come with affordable interest rates.
He is confident that Japan will continue to be Vietnam’simportant and trustworthy partner in fulfilling goals in climate change adaption andenergy transition, and COP26 commitments./.
To develop a green and sustainable economy and adapt to climate change, Vietnam has been stepping up energy transition by capitalising on internal strength and enhancing cooperation with development partners, an official has said.
French electricity companies are willing to facilitate Vietnam’s energy transition by working with their counterparts in the country, a conference has heard in Ho Chi Minh City.
Prime Minister Pham Minh Chinh hosted a reception in Hanoi on July 22 for Governor of Japan Bank for International Cooperation (JBIC) Maeda Tadashi, during which the PM hailed the effective and positive cooperation from the bank and its provision of loans for important infrastructure and large-scale projects in Vietnam.
The Vietnam Administration of Seas and Islands on July 22 held a hybrid consultation to seek advice on promoting the exploitation of offshore wind power.
Indonesia has created a funding platform for its renewable energy projects, including a pioneering programme to retire coal-fired power plants, and appointed state-owned financing firm PT Sarana Multi Infrastruktur (SMI) to manage the funds.
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.
Chairman of the National Assembly Vuong Dinh Hue meets the visiting Governor of Japan Bank for International Cooperation (JBIC), Maeda Tadashi, in Hanoi on July 22. (Photo: VNA) 
