PM seeks Standard Chartered's support for Vietnam’s climate change commitment
Prime Minister Pham Minh Chinh and Group Chief Executive of Standard Chartered Bill Winters co-chaired an event on raising finance to implement Vietnam’s commitment to climate change in Dubai, the UAE, on December 1 (local time).
PM Pham Minh Chinh (R) and Group Chief Executive of Standard Chartered Bill Winters. (Photo: VNA)
Dubai (VNA)💎 - Prime MinisterPham Minh Chinh and Group Chief Executive of Standard Chartered Bill Winters co-chaired anevent on raising finance to implement Vietnam’s commitment to climate change in Dubai, the UAE, onDecember 1 (local time).
Speaking at the event, which took place on the sidelines of COP28, PM Chinh said at the 26th United Nations Climate Change Conference of the Parties (COP26), participatingcountries jointly committed to achieving net-zero emissions, energy transition,reducing methane emissions, protecting forests, and enhancing community andenvironmental resilience. With commitments at COP26, Vietnam and international partners adoptedthe Political Declaration on establishing the Just Energy TransitionPartnership (JETP), with the goal and actions to implement green transition, he said. The PM suggested organisations and businesses establish new visions,adopt new thinking, show greater determination and take more drastic actions toaccompany the Vietnamese Government in achieving the climate change response goals. They were urged to continue assisting Vietnam in perfectingmechanisms and institutions, financial resources, technology, management experienceand human resources to realise its desire for open policies and mechanisms, smoothinfrastructure, and smart governance to help Vietnam in transition togreen energy and achieving net-zero emissions by 2050. Winters,for his part, expressed strong support for Vietnam's commitments, steps andactions in the green transition process towards net-zero emissions by 2050. Hesaid Standard Chartered will increase support for Vietnam in raising funds,attracting green financial resources, and promoting green growth in line withthe commitments made at COP26. The bank also aims to contribute to Vietnam'sdevelopment, including the establishment of a green capital market and carboncredit market. Onthis occasion, PM Chinh and representatives of Vietnamese ministries, agenciesand international organisations witnessed the exchange of nine cooperationagreements between ministries, agencies, organisations and businesses on supporting Vietnam's green development.
PM Pham Minh Chinh and delegates at COP28 (Photo: VNA)
At an earlier reception for Winters and other leaders of thebank, PM Chinh wished that thelender would continueassisting Vietnam with preferential financial sources to promote green growth,digital transformation and sustainable energy transition. He also encouragedinvestments in strategic infrastructure, including digital and greeninfrastructure, and key infrastructure projects. Vietnamwill continue creating favourable conditions for Standard Chartered to maintainand expand its operations in the country, in the spirit of “harmonisinginterests and sharing risks”, he said./.
Prime Minister Pham Minh Chinh, his spouse, and a high-ranking delegation of Vietnam left Hanoi on November 28 afternoon to attend the 28th UN Climate Change Conference of the Parties (COP28) and have several bilateral activities in the United Arab Emirates (UAE) and pay an official visit to Turkey from November 29 to December 3.
Vietnam is set to participate in important initiatives at the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC), held in the UAE from November 30 to December 12, said Deputy Minister of Natural Resources and Environment Le Cong Thanh.
Public opinion in the region and the world highly values Vietnam's commitments to climate change actions, especially the fact that Vietnam is among the few developing countries to announce the commitment to cutting net emissions to zero by 2050 and eliminating coal-fired power in the 2030-2040 period, Vietnamese Ambassador to the UAE Nguyen Manh Tuan.
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.