Vietnam welcomes German investment in renewable energy: Deputy PM
Deputy Prime Minister Trinh Dinh Dung hosted a reception in Hanoi on August 28 for German Deputy Ambassador to Vietnam Bjorn Koslowski and some businesses from Germany who came to explore investment opportunities in renewable energy.
Deputy Prime Minister Trinh Dinh Dung (R) receives German Deputy Ambassador to Vietnam Bjorn Koslowski in Hanoi on August 28 (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Trinh DinhDung hosted a reception in Hanoi on August 28 for German Deputy Ambassador toVietnam Bjorn Koslowski and some businesses from Germany who came to exploreinvestment opportunities in renewable energy.
The Deputy PM said the Vietnam-Germany strategicpartnership is growing well in multiple spheres, in which economy, trade andinvestment are among important pillars.
Koslowski said he will make efforts to promotebilateral relations, including in renewable energy, noting Germany has aleading renewable energy sector and many of its businesses are interested inthis field in Vietnam.
At the reception, IB Vogt Managing DirectorAnton Milner said his company is experienced in renewable energy projects, andis considering two solar power plants in the Central Highlands province of DakLak.
He expressed his hope that the VietnameseGovernment and relevant agencies will create optimal conditions for the firm tocarry out its projects.
Dung said the Vietnamese Government alwaysencourages the development and efficient use of renewable energy. The countryis gradually improving the structure of power generation sources with prioritygiven to renewable energy, helping protect the environment and boostsustainable socio-economic development.
He noted Vietnam has great demand for energy,especially renewable energy, to develop its economy. Its power needs will beabout 90,000 MW by 2025 and 130,000 MW by 2030.
Germany is a country taking the lead inrenewable energy, especially wind and solar power, with advanced technologies,Dung said, adding that German businesses in this field are among prioritiesfrom which Vietnam wishes to attract investment.
The Deputy PM also told IB Vogt to work closelywith Vietnamese partners to implement its projects in line with thecountry’s renewable energy development plan.-VNA
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Deputy Prime Minister Trinh Dinh Dung (R) receives German Deputy Ambassador to Vietnam Bjorn Koslowski in Hanoi on August 28 (Photo: VNA) 
