EU becomes Vietnam’s companion in green energy development

June 22, 2017 | 13:58

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Vietnam Energy Partnership Group has been launched by the Ministry of Industry and Trade and the Delegation of the European Union to Vietnam in order to attract resources, boost the effectiveness of high-level policy consultations, and implement energy security goals and sustainable growth commitments.

EU becomes Vietnam’s companion in green energy development

Vietnam Energy Partnership Group, combining Vietnamese and European energy development expertise, is now open to facilitate Vietnam on its quest for sustainable green growth

The Ministry of Industry and Trade (MoIT) and development partners (DPs) advocate cooperation in energy development in Vietnam in the context of the 2030 Agenda for Sustainable Development and the UN Framework Convention on Climate Change.

They will endeavor to align official development assistance (ODA) to the extent possible with national policies and systems, and enhance coordination and dialogue for effective ODA disbursement in the energy sector.

Minister of Trade and Industry Tran Tuan Anh commented, “The consultation among development partners and Vietnamese government agencies have affirmed the necessity of setting up a national energy partnership group. The foundation of this framework will create a more comprehensive and coherent mechanism of cooperation which will enhance the attraction of resources, improve the efficiency of high-level consultation on policies as well as help Vietnam in the implementation of objectives on energy security and socioeconomic development.”

He added that, “This will also support Vietnam in implementing its national efforts and international commitments on sustainable development.”

Ambassador Bruno Angelet, head of the Delegation of the European Union to Vietnam, emphasised that, "Sustainable energy development is a key objective for the Vietnamese economy and we are strongly committed to doing our best to help Vietnam in addressing this important challenge. This requires a comprehensive approach, taking into consideration the socioeconomic development goals of the country. Achieving a greener economy through sustainable energy is good for Vietnam and, therefore, good for us all."

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