Deputy Prime Minister Tran Hong Ha (R) and Australian Ambassador to Vietnam Andrew Goledzinowski at their meeting in Hanoi on July 7. (Photo: VNA) Regarding Vietnam’s roadmap for implementing the Just EnergyTransition Partnership (JETP), Ha expressed his wish that Australia will participate in building a mechanism for coordination and join hands with developed and developing countries to achieve the net-zero target.
The Deputy PM proposed Australia share its experience andcollaborate with Vietnam in research and technology transfer involving the productionof green hydrogen and green ammonia from renewable energy at appropriate costs;the management of smart grids and energy transmission systems; and settlement of thefinancial resource challenge for transition from fossil energy to renewables, among many others.
With their similarities in climate change adaptation, water resourcemanagement, and desertification prevention, Ha believed that both sides couldstudy and select specific projects to exchange, share experiences, transfer technology, and improve related legal frameworks.
Vietnam hopes that Australia, with its experience in buildinggreen financial mechanisms for climate change adaptation and environmentalprotection, can provide advice and assistance in developing a carbon creditmarket for the Southeast Asian country, Ha said.
He highly appreciated thesupport from Australian organisations and partners for building policies andregulations on geology, minerals, and energy transition in Vietnam so far.
For his part, Goledzinowski affirmed that the AustralianGovernment highly valued Vietnam's commitments and was ready to assist thenation’s roadmap for energy transition and achieving net-zero greenhouse gasemissions by 2050.
He told his host that Australian businesses are veryinterested in the orientation of renewable energy development in Vietnam’s nationalpower development plan for 2021-2030 with a vision until 2050, as wellas the application of advanced and modern technologies in the exploration, reservesassessment, exploitation, and processing of valuable minerals in Vietnam./.
