The UK and the European Commission (EC) have agreed to sign a proposal to Vietnamese government for setting up a partnership for energy transition between the group of seven developed economies (G7) and Vietnam, British Cabinet Office Minister Alok Sharma has stated. The UK minister released the information at his meeting in London on Thursday with visiting Vietnamese National Assembly (NA) Chairman Vuong Dinh Hue, who arrived on Tuesday for a three-day visit at the invitations of Speaker of the UK House of Lords John McFall and Speaker of the House of Commons of the UK Lindsay Hoyle, the Vietnam News Agency reported. Minister Sharma told Hue that Britain PM Boris Johnson and EC President Ursula von der Leyen had agreed to sign a letter to Vietnamese PM Pham Minh Chinh proposing the establishment of a Just Energy Transition Partnership (JETP) between G7 and the Southeast Asian country. Sharma, who is also the President of the 26th United Nations Climate Change Conference … [Read more...] about UK, EC propose setting up G7-Vietnam energy transition partnership: British minister
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COP26 President hails Vietnam’s determination in transition to green, renewable energy
National Assembly Chairman Vuong Dinh Hue (R) meetsUK Cabinet Office Minister and President for 26th United Nations Climate Change Conference (COP26) Alok Sharma (Photo: VNA) London (VNA) – National Assembly (NA) Chairman Vuong Dinh Hue had a meeting in London on June 30 (local time) with UK Cabinet Office Minister and President for 26th United Nations Climate Change Conference (COP26) Alok Sharma who expressed impression at Vietnam’s determination in transition to green and renewable energy. Sharma said he hopes Vietnam will make political commitments on the thresholds of the COP27, along with government ones at the highest level in the work. The official showed interest in bilateral cooperation in finance, regulation reform and experience sharing in power transition as well as measures to promote the partnership in the future. He revealed that Britain PM Boris Johnson and European Commission President Ursula von der Leyen had agreed to sign a letter to Vietnamese PM … [Read more...] about COP26 President hails Vietnam’s determination in transition to green, renewable energy
National Assembly chief Vuong Dinh Hue meets Prudential brass during UK visit
National Assembly Chairman Vuong Dinh Hue holds talk with the Prudential management led by chairwoman Shriti Vadera, Interim Group CEO Mark FitzPatrick and Prudential Vietnam CEO Phuong Tien Minh, during his visit to the UK. — VNA/VNS Photos Doan Tan Photos Doan Tan Prudential plc executives called on National Assembly Chairman Vuong Dinh Hue and the high-level delegation he led to Britain to attend the Vietnam – UK High-level Forum on Economy and Trade to discuss the Vietnamese Government’s priorities and the role of insurers in increasing financial inclusion in the country. This meeting was aimed at strengthening relationships and underlining Prudential’s commitment to Viet Nam. After the two-year-long COVID-19 pandemic, Prudential is focusing on building a resilient business to best serve its customers. Insurers like Prudential play an important role in developing innovative savings and protection products to meet Vietnam’s evolving needs while strengthening and deepening … [Read more...] about National Assembly chief Vuong Dinh Hue meets Prudential brass during UK visit
Vietnam’s National Assembly to legalize commitments at COP26
Vietnam’s commitments at the COP26 showcase its strong political will in the fight against climate change and transitioning to a green economy. Vietnam’s National Assembly (NA) would step up its legislative role to ensure the country’s successful realization of commitments at COP26, including their legalization into the legal framework, and allocate funds for green growth. NA Chairman Vuong Dinh Hue and UK Cabinet Minister and President-Designate of COP26 Alok Sharma. Source: quochoi.vn “The NA would continue supervising the Government in implementing national plans and potential adjustment toward green growth.” NA Chairman Vuong Dinh Hue gave the remarks during a meeting with the UK Cabinet Minister and President-Designate of COP26 Alok Sharma on June 30. At the meeting, the UK minister said the climate change issue has now become an urgent matter, and expressed his impression of Vietnam’s determination in transitioning to renewables. Sharma also … [Read more...] about Vietnam’s National Assembly to legalize commitments at COP26
Seminar seeks to promote private sector’s engagement in greenhouse gas reduction
Nguyen Tuan Quang, Deputy Director of the Climate Change Department under the Ministry of Natural Resources and Environment, speaks at the event. (Photo courtesy of JICA) HCM City (VNA) – Climate change has become one of the great challenges facing humanity, affecting all aspects of economy, politics, diplomacy as well as global security, Nguyen Tuan Quang, Deputy Director of the Climate Change Department under the Ministry of Natural Resources and Environment (MONRE), has said. He made the statement at a seminar on “Accelerating Business Engagement in the Pathway of Vietnam’s Nationally Determined Contributions and Net Zero Emissions” held in Ho Chi Minh City on June 30 by the Japan International Cooperation Agency (JICA) in cooperation with the Climate Change Department and the Vietnam Chamber of Commerce and Industry (VCCI). It aimed to share information and experience in greenhouse gas emission reduction between public agencies and the private sector while … [Read more...] about Seminar seeks to promote private sector’s engagement in greenhouse gas reduction
Vietnam seeks stronger trade, education ties with U.K.
At a meeting in London on June 30 with Kenneth Atkinson, head of the British Business Group in Vietnam (Britcham), and representatives of British groups and investment funds operating in Vietnam, Hue affirmed that the relationship between Vietnam and the U.K. is at an all-time high. He believed the U.K. will continue to elevate its role and position in terms of economy, trade and investment in Asia-Pacific, including the Association of Southeast Asian Nations (ASEAN) and Vietnam. The N.A. Chairman said two-way trade has reached 6-7 billion USD per year, but there remains huge room for the countries to boost trade. Hue expressed his hope that Britcham will further affirm its role in attracting and guiding British businesses in Vietnam, while intensifying its consultation and policy support for these firms. The Vietnamese legislature, government, ministries, agencies and localities are willing to work to improve the investment and business environment for both domestic and … [Read more...] about Vietnam seeks stronger trade, education ties with U.K.