Vietnam boasts substantial potential for wind power, particularly offshore wind power, providing an opportunity for the country to fulfill its energy transition target towards green growth.

Prime Minister Pham Minh Chinh has signed a decision on establishing a national steering committee on green growth, which is led by Deputy Prime Minister Le Van Thanh.

A representative of Nestlé Group says that the company has announced a commitment to achieve net zero emissions by 2050.

Green industries are expected to implement sustainable development goals, and help the national strategy on green growth in 2021-2030 and Vietnam’s commitment to achieve net zero emissions by 2050.

As the energy industry has a crucial role in achieving net zero emissions by 2050, it requires a structural transition toward green growth. Therefore, Vietnam needs assistance from developed countries regarding both financial and technical issues.

Vietnam needs to mobilise $360 billion for implementing its green and sustainable development targets by 2030.

Despite Vietnam’s huge potential, by the end of 2020, wind power accounted for less than 1 per cent (or 670MW) of the nation’s total installed capacity.

The Ministry of Planning and Investment is drafting a national strategy on green growth for 2021-30.

The Ministry of Planning and Investment is drafting a national green growth strategy and plans to submit it to the Government by June to accelerate the transition towards a carbon-neutral economy in Vietnam.

National green credit programs will help Vietnam reach its goals in the national green development strategy in a comprehensive way and help drive the economy towards sustainable development.

Developers are moving towards sustainable development by promoting green apartment buildings but there are issues to surmount.

Germany and Vietnam decided to expand the co-operation in future-oriented fields such as vocational training, energy, and environment.

The People’s Committee of Ha Long city in the northern coastal province of Quang Ninh announced adjustments to the city’s overall planning to 2040 with a vision to 2050 at a conference on August 12.

Vietnam has been implementing its National Green Growth Strategy since 2012 and its Action Plan on Green Growth since 2014, with great support from the private sector and international partners.

Green building represents one of the most significant opportunities for sustainable growth at both the national and global levels, and local developers have begun paying more attention to this concept.

 Amid the spiralling ramifications of climate change in Vietnam, energy-saving and CO2-reducing technologies have proven an inevitable trend for small- and medium-sized enterprises.Bich Thuy reports.

Green development projects in Vietnam are catching attention of foreign investors on account of the Government’s favourable policies on land, taxes and capital as well as a large number of potential customers in the country.

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VietNamNet Bridge – On the 69th anniversary of the establishment of the Vietnamese diplomacy sector, Deputy PM and Minister of FM Pham Binh Minh granted an interview to the press, sharing his opinions on the current international context