Deputy Prime Minister Tran Hong Ha hosted a reception on March 27 for Mary L Schapiro, vice chairwoman of the Glasgow Financial Alliance for Net Zero (GFANZ).
Deputy Prime Minister Tran Hong Ha (right) and Mary L Schapiro, vice chairwoman of the Glasgow Financial Alliance for Net Zero (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Tran Hong Hahosted a reception on March 27 for Mary L Schapiro, vice chairwoman of theGlasgow Financial Alliance for Net Zero (GFANZ).
Vietnam is facing difficulties in establishingmechanisms and policies for green transition, the Deputy PM said, noting that many investors have expressed interest in renewable energyprojects but have yet to solve technology-related challenges concerningensuring the balance and stability of the national power grid, producing andusing green hydrogen and ammonia, energy storage solutions and electricityexport.
Vietnam aims to address legalobstacles in the near future while simultaneously piloting offshore wind and solarpower projects with energy storage solutions, and flexible power supply, hesaid.
The Deputy PM emphasised that Vietnam has built some energytransition projects such as enhancing capacity of hydropower plants in combinationwith solar and wind power, developing biomass electricity, transitioning to green transportation, reducing methane emissionson over 1 million hectares of rice fields and developing 5,000 MW of rooftopsolar power, but financial support is required to carry them out soon.
Vietnam hopes to receive technical assistance and expertisein devising and perfecting institutions, transferring technology and assessing thefeasibility of energy centres and offshore wind power, the official said.
He suggested that GFANZ establish clear financialmechanisms regarding the responsibilities of stakeholders, including Government,financial institutions and businesses, the specificity of funding sources for the renewable energy sector, and promptly materialise them through projects.
The Deputy PM also said that the alliance should have specific commitments relatingto finance and technology transfer from G7 countries and international partnerswithin the Joint Energy Transition Partnership (JETP).
Schapiro, for her part, said GFANZ will allocate financialresources for research, innovation, and technology transfer in the renewableenergy sector.
🍷 She said she expects to receive clear requests and proposalsfrom Vietnam's ministries and sectors regarding mechanisms for mobilising fundsin the international market for enterprises investing in smart griddevelopment, renewable energy, fossil energy transition, green fuel productionfrom solar and offshore wind power./.
Chairman of the European Parliament (EP)'s Committee on International Trade (INTA) Bernd Lange commended Vietnam’s progress and capacity in green transition, at a meeting with Permanent Vice Chairman of the Vietnamese National Assembly (NA) Tran Thanh Man in Brussels on November 15 (local time).
Low-carbon economic development towards a circular economy is becoming an inevitable tendency in the framework of the green transition with the creation and development of carbon markets seen as an increasingly crucial tool.
Deputy Prime Minister Le Minh Khai suggested Australia and New Zealand Banking Group Limited (ANZ) invest in high-tech, green transition, clean energy and renewable energy in Vietnam at a reception for its Chief Executive Officer Shayne Elliott in Hanoi on November 29.
Vietnam needs international support, financial cooperation, cutting-edge technology and high-quality personnel to serve its green transition, Prime Minister Pham Minh Chinh told a business forum in Dubai on December 2.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Deputy Prime Minister Tran Hong Ha (right) and Mary L Schapiro, vice chairwoman of the Glasgow Financial Alliance for Net Zero (Photo: VNA) 
