Topic: net-zero emission

Minister of Natural Resources and Environment Tran Hong Ha presented an address at a conference on the circular economy.

On June 28, at the “Kick-off conference to develop a national plan to implement the circular economy”, Ms. Caitlin Wiesen-Antin, UNDP Chief Representative for Vietnam, offered five recommendations to help the country promote the circular economy and realize its goal of reaching net-zero emissions, including integrating the circular economy in the development of smart cities and coastal areas, and accelerating the development of renewable energy.

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.