At a business dialogue with leaders, theming “Public-private partnership for innovation and sustainability,” which was  held in Hanoi on April 17 under his chair, Prime Minister Pham Minh Chinh highlighted public-private partnership as key to sustainable development.

The dialogue, held as part of the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit, was attenđed by United Nations Deputy Secretary-General Amina Mohammed, Special Envoy for Climate Change of the Italian Prime Minister Francesco Corvaro, and other senior Vietnamese and foreign oficials, alongside over 500 delegates, including heads of delegations from countries and international organizations participating in the P4G, executives from domestic and international corporations, associations, and businesses.

At the event, Prime Minister Pham highlighted four key issues that were agreed upon during the dialogue, including:

- Public-private partnership (PPP) is the key to realizing sustainable development goals;

- Developing countries need to build a comprehensive, and effective ecosystem to promote PPPs for green and digital economic development;

- Green growth and sustainable development must go hand in hand with advancements in science, technology, innovation, and digital transformation; and

- High-quality human resource is the decisive factor for the success of green PPP projects.

The Prime Minister called on the business community and business associations to further promote their proactive role by increasing investment in green technologies and digital transformation, adopting global standards, participating in green infrastructure projects through the PPP model.

He emphasized the need to implement Environmental, Social, and Governance (ESG) standards, support the innovation ecosystem, and actively contribute to the development of sustainable development policies

In his pre-recorded speech, the OECD Secretary-General Mathias Cormann said, as the largest renewable energy supplier in Southeast Asia, Vietnam has many opportunities to promote cooperation with international partners in energy sector.

He expressed his willingness to collaborate and support Vietnam in advancing the PPP model, attracting investment, providing green skills training for workers, sharing experiences as well as organizing policy discussions on green growth.

The OECD will release the Vietnam Economic Report in June 2025, offering numerous pilot recommendations and proposals to support  the country's rapid, sustainable, and inclusive development in the coming period, the OECD Secretary - General said.

EuroCham Chairman Bruno Jaspaert, for his part, held that Vietnam is having a strategic opportunity to foster sustainable development and innovation, and become a regional leader in this field.

This opportunity will set Vietnam apart from other investment destinations, he said, suggesting the Government continue to address bottlenecks in management, institution, and green finance access.