The upgraded Vietnam–Germany Energy Partnership expected to support energy transition, emissions reduction, energy-security enhancement and expanded business-to-business cooperation.
The project serves as a pilot initiative to institutionalize innovative climate finance mechanisms in support of smallholder farmers, ethnic minority communities, and youth in Vietnam’s coastal regions to adapt to the increasingly severe impacts of climate change.
The plan aims to synchronously implement solutions to build the capital into a smart city by 2030; connect with smart city networks nationally, regionally, and globally.
The central province envisions becoming an international training hub, attracting students from neighboring countries like Laos, Cambodia, and Myanmar.
Resolution No.70-NQ/TW, issued by the Politburo on August 20, stands as a powerful call to action and a new guiding framework for Vietnam’s energy sector, urging it to accelerate efforts and secure robust energy security in the coming decade.
The program also aims to attract foreign investment into the environmental industry, progressing towards the export of certain advantageous environmental industrial technologies, equipment, and products.