Vietnamese, Canadian firms step up clean energy development partnership
The Canada-Vietnam Clean Energy Partnership forum took place in Ho Chi Minh City on August 21, aiming to connect the sides’ private sectors and, through such links, enable Canadian contributions to the Just Energy Transition Partnership (JETP), helping Vietnam achieve its net-zero emissions goal by 2050.
HCM City (VNA) - The Canada-Vietnam Clean Energy Partnershipforum took place in Ho Chi Minh City on August 21, aiming to connect the sides’private sectors and, through such links, enable Canadian contributions to theJust Energy Transition Partnership (JETP), helping Vietnam achieve its net-zeroemissions goal by 2050.
At the event, jointly held by the Canadian Consulate Generalin the southern economic hub and Canada-ASEAN Business Council (CABC), expertsintroduced numerous collaboration solutions.
Ranjith Narayanasamy, President and CEO of the PetroleumTechnology Research Centre (PTRC), stated that carbon capture, utilisation, andstorage (CCUS) play a crucial role in reducing greenhouse gas emissions anddeveloping clean energy. The PTRC has been involved in a research project sponsoredby the Asian Development Bank (ADB) to test related technologies in Vietnam.
However, many participants, including representatives ofdomestic businesses, expressed concerns. They highlighted that the developmentand application of CCUS technologies in Vietnam are facing numerous challenges,as they require large-scale testing and experimentation, and substantialinvestment.
Michael Smart, Export Development Canada (EDC)’s business development lead forAsia and Indo-Pacific, stated that EDC has specific financial solutions forclimate-related projects. Since 2012, the state-owned enterprise has providedover 35 billion CAD for clean technology application projects.
Boris Jacouty, Director of Business Development –Infrastructure at the Canadian Commercial Corporation (CCC), mentioned that CCCassists foreign partners in seeking opportunities for joint works with Canadianfirms and in benefiting from the Canadian government's contract guaranteemechanism. In the 2021-2022 period, the value of contracts supported byCCC amouted to 6.5 billion USD.
According to the Canadian Consulate General, as part of JETP,which Vietnam signed with the G7 countries, Canada will mobilise 15.5 billionUSD from private sector and government sources in the next three to five years to aid Vietnam's green transition process./.
Vietnam and Canada have obtained numerous achievements in bilateral relations over the last 50 years, but there remains substantial potential for them to advance those ties, said Vietnamese Ambassador to the North American country Pham Vinh Quang.
The year 2023 marks an important milestone in the Vietnam - Canada relationship with the 50th anniversary of the establishment of diplomatic relations. It is considered a solid foundation to start a new chapter for bilateral ties.
Vietnam and Canada boast potential to enhance their bilateral cooperation as well as coordination at the international area and multilateral forums, former Canadian Ambassador to Vietnam David Devine has said.
Top leaders of Vietnam on August 21 sent messages of congratulations to Canadian leaders on the 50th founding anniversary of diplomatic ties between the two countries (August 21, 1973 – 2023).
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
At the event (Photo: VNA) 
