Green Economy

Cacao farming has gained renewed popularity among farmers in Vietnam’s central highlands region and further south as prices and earnings continue to rise and the benefits of circular economy practices become evident.

Hydrochlorofluorocarbons volume to be imported in 2025 will be reduced to 1,300 tons, equivalent to half of the 2024 quota.

At the event on April 17, PM Pham Minh Chinh highlighted public-private partnership as key to sustainable development.

The four-day summit adopted Hanoi Declaration on Sustainable and People-centered Green Transition, and the Declaration on Strengthening Multilateral and Institutional Partnerships to Promote Green Transition and Sustainable Development.

GGGI has already mobilized over $300 million for green investments in Vietnam and is working towards the $1 billion target by 2028.

At a high-level Plenary Discussion on "Sustainable and people-centered green transition” within the framework of the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit in Hanoi on April 16, Prime Minister Pham Minh Chinh made a number of specific proposals to promote the sustainable and inclusive green transition process globally.