Topic: Denmark

The Danish Minister for Food, Agriculture and Fisheries is on a visit to Vietnam.

World-renowned jewelry giant, Pandora Group, commences groundbreaking ceremony for state-of-the-art production facility, marking significant investment in Vietnam's burgeoning fashion sector.

Vietnam has called on Denmark to share its experience and provide technological and financial support in initiatives in green transformation and fair energy transition.

Signing of MoU signifies partnership between Vietnam’s foremost State-owned economic group in the energy sector and Denmark’s CIP, a leading global investor and developer of renewable energy projects.

Delegation visits Vietnam three weeks after the two countries established the Green Strategic Partnership.

On the occasion of the visit to Vietnam by the Danish Royal Family, the Vietnam - Denmark Sustainable Energy Summit will be held on November 1 in Hanoi with the participation of 36 leading Danish enterprises in the energy field. According to the International Energy Agency, Vietnam is the second-largest electricity user in Southeast Asia, which opens up major opportunities for foreign corporations to invest in its energy sector in general and renewable energy in particular.

Danish company Specter, which specializes in the production of outdoor sportswear, opened its first factory in An Giang province on September 30 after two years of design and construction. This is its third factory in Vietnam and the first Danish investment project in the province, with total investment of some $17 million.

From August 16 to 19, a Danish business delegation including 13 leading companies in the field of agriculture and food are holding working sessions in Hanoi and Ho Chi Minh City to exchange cooperative opportunities with potential partners in Vietnam. Vietnam is one of the first countries to participate in the “Strategic Sector Cooperation on Food Safety in the Pork Value Chain” (SSC) program initiated by Denmark.

According to the “Vietnam Energy Outlook Report” from the Danish Energy Agency (DEA) and the Electricity and Renewable Energy Administration of Vietnam at the Ministry of Industry and Trade and released on June 2, Vietnam holds substantial potential in green transformation but action is needed early so that emissions peak no later than 2035, to avoid excessive costs. The report also suggested that Vietnam needs to act soon to convert fuel and to electrify its transportation sector. This will have dual benefits, including reduced air pollution and less dependence on imports. It also said Vietnam is an important partner in Denmark’s transition to a green economy.