On October 25th, local time, in Brussels (Belgium), Deputy Prime Minister Tran Hong Ha led the Vietnamese delegation to the opening of the Global Gateway Forum organized by the European Union (EU) from October 25-26.
Deputy Prime Minister Tran Hong Ha assessed that the EU's Global Gateway Strategy has entered a practical implementation phase, proposing many specific and technical measures.
Speaking at the high-level dialogue on green energy transition and green hydrogen, Deputy Prime Minister Tran Hong Ha assessed that the EU's Global Gateway Strategy has entered a practical implementation phase, proposing many specific and technical measures.
The Deputy Prime Minister noted that the COVID-19 pandemic and climate change are urgent global issues stemming from the current development model. Similarly to COVID-19, overcoming the challenges of climate change will require the joint efforts of all nations, through sharing resources and experience, and supporting the reduction of disparities in development levels, because no country is safe if at least one country is not.
"If vaccines are the solution to the pandemic, then green energy and green hydrogen are the solutions to responding to climate change," the Deputy Prime Minister affirmed.
Vietnam is ready to cooperate with other countries to act together towards sustainable development goals by sharing its potential and strengths.
As one of the four countries that have established partnerships for a just energy transition with developed countries, Vietnam is ready to cooperate with these countries to act together towards sustainable development goals by sharing its potential and strengths.
At the same time, the Deputy Prime Minister also urged developed countries and the private sector to increase the provision of technology, green financing, support for human resource training, and management expertise so that the whole world can achieve the goal of net zero greenhouse gas emissions by 2050.
During the discussion session, delegates shared and highly appreciated Deputy Prime Minister Tran Hong Ha's view that a just energy transition requires support from developed countries for developing countries, and that government finance needs to guide and direct private finance.
The delegates shared and highly appreciated Deputy Prime Minister Tran Hong Ha's views on the approach and implementation of the just energy transition process.
This year's forum was attended by 500 delegates, including 25 presidents and heads of government, many government leaders and ministers from various countries, leaders from the United Nations, the World Bank, the World Health Organization, the World Trade Organization, and a large number of leaders from businesses, investment funds, and socio-political organizations.
With the theme "Stronger Together Through Sustainable Investment," the Forum aims to strengthen coordination among countries, international organizations, and the private sector in unifying direction and mobilizing resources, increasing investment in high-quality infrastructure, human resource development, and healthcare systems for the goal of sustainable development.
On the sidelines of the high-level dialogue on green energy transition and green hydrogen, Deputy Prime Minister Tran Hong Ha met and exchanged views with the President of the European Investment Bank (EIB), Werner Hoyer, on measures to quickly implement the contents of the Memorandum of Understanding between the Vietnamese Ministry of Finance and the EIB on financial support for the objectives of the Joint Declaration on the Establishment of a Partnership for a Just Energy Transition (JETP).
Deputy Prime Minister Tran Hong Ha met and worked with the President of the European Commission (EC), Ursula von der Leyen.
Signing of a Memorandum of Understanding between the Ministry of Finance of Vietnam and the European Investment Bank.
Earlier, Deputy Prime Minister Tran Hong Ha met and worked with the President of the European Commission (EC), Ursula von der Leyen. During the meeting, Deputy Prime Minister Tran Hong Ha affirmed that Vietnam values the comprehensive partnership and cooperation between Vietnam and the EU, and highly appreciates the EU's new strategies and initiatives to strengthen cooperation with the Asia-Pacific region.
Furthermore, Vietnam hopes that the EU and its member states will increase support for Vietnam in terms of finance, technology, and human resource training to address climate change and energy transition; that EU member states will soon ratify the EVIPA Agreement and fully implement the EVFTA Agreement to promote trade and investment between the two sides; and that the EC will consider lifting the IUU "yellow card" on Vietnam's seafood exports as soon as possible to contribute to the goal of sustainable recovery and development.
Ms. Ursula von der Leyen emphasized that Vietnam is a great example of cooperation with the EU, thanked Vietnam for its efforts in implementing the EC's recommendations on IUU (Illegal, Unreported, and Unregulated) fishing, and expressed hope that this issue would be resolved soon. In implementing the Global Gateway Strategy, the EC President affirmed that she will continue to prioritize cooperation with Vietnam in the fields of renewable energy, digital transformation, and green growth.
Deputy Prime Minister Tran Hong Ha and EC President Ursula von der Leyen witnessed the signing ceremony of the Memorandum of Understanding between the Vietnamese Ministry of Finance and the European Investment Bank.
Both sides agreed that the signing of the Memorandum of Understanding between the Vietnamese Ministry of Finance and the European Investment Bank today will create a basis and favorable conditions for both sides to strengthen cooperation in effectively responding to global issues. Both sides also agreed that the participation of private enterprises and private capital is crucial in realizing the JETP.
Immediately after the meeting, Deputy Prime Minister Tran Hong Ha and EC President Ursula von der Leyen witnessed the signing ceremony of a Memorandum of Understanding between the Vietnamese Ministry of Finance and the European Investment Bank on financial support worth 500 million euros to contribute to the objectives of the Declaration establishing the JETP relationship.
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