The State visit to India by Vietnam's General Secretary of the Communist Party and President To Lam marks a historic milestone in bilateral relations as the two countries officially elevated their ties to an Enhanced Comprehensive Strategic Partnership (ECSP).
Mr. Giles Cooper, Partner at Allens, Hanoi Branch, tells Vietnam Economic Times / VnEconomy that changes in policy framework will unlock new deal opportunities and structures in renewable energy M&A activities in Vietnam.
The agreement was reached by General Secretary and President To Lam and Sri Lankan President Anura Kumara Dissanayake during their summit meeting in Colombo on May 8.
At the 48th ASEAN Summit held on May 8 in Cebu, the Philippines, the Vietnamese leader also called for effective implementation of the ASEAN Plan of Action for Energy Cooperation (APAEC) for the 2026-2030 period, the ASEAN Power Grid, and the Trans-ASEAN Gas Pipeline.
Vietnam’s susceptible livestock population is massive, consisting of approximately 31.4 million pigs, 6.14 million cattle, 1.95 million buffalo, and over three million goats and sheep.
At the event, General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam stressed that the time has come for bilateral cooperation to reach a higher level, not only in scale, but more importantly in quality, depth and strategic value.
As energy demand continues to rise and net-zero commitments become increasingly urgent, nuclear power is gaining renewed attention as a key pillar of future energy systems. With decades of technological expertise and a fully integrated nuclear ecosystem, Canada is positioning itself as a potential long-term partner for Vietnam in this field.
At the talks in New Delhi on May 6, the two sides agreed to lift ties to an “Enhanced Comprehensive Strategic Partnership” guided by the spirit of “shared vision, strategic convergence, and substantive cooperation”, ushering in a new phase of bilateral development.