PM Pham Minh Chinh (centre) presents the Resource Mobilisation Plan to EC President Ursula von der Leyen and the UK Government representative. (Photo: VNA) Dubai (VNA) –Prime Minister Pham Minh Chinh on December 1 announced a Resource MobilisationPlan to implement the political declaration on establishing a Just EnergyTransition Partnership (JETP) between Vietnam and the International PartnershipGroup (IPG), on the occasion of his attending the COP28 in Dubai, the UAE.
The announcement ceremony took place in the presence of Presidentof the European Commission (EC) Ursula von der Leyen, ministers and high-levelrepresentatives of many IPG member states including the UK, Japan, Germany,Italy, Canada, Denmark, the Vice Chair of the Glasgow Financial Alliance forNet Zero (GFANZ), along with leaders of some international organisations,financial institutions and funds.
In his remarks, the Vietnamese PM affirmed that just energytransition is decisive for Vietnam to realise its national energy developmentstrategic orientation, with the goal of achieving net zero emissions by 2050,and people-centred sustainable development goals. He underlined that Vietnamhas taken drastic and ambitious steps to accelerate the energy transitionprocess.
PM Pham Minh Chinh speaks at the ceremony (Photo: VNA) He particularly highlighted 12 specific actions of Vietnam,including the building of many strategies, green planning, emission reduction,development of the renewable energy industry, and most recently the implementationof a project to develop 1 million hectares of high-quality rice with lowemissions.
The PM asked international partners toprioritise cooperation with Vietnam in five areas of transformation: developingindustrial ecosystems and services for renewable energy, energy transmissionand storage, economical and efficient use of energy, green energy transitionand reduction of greenhouse gas emissions of the transportation sector.
He emphasized the need for a global, people-based approach andinternational cooperation based on equality and mutual benefit. On that basis, PMChinh urged relevant parties to quickly reach an agreement to translate thepledged amount of support for Vietnam worth 15.5 billion USD into breakthroughprojects, accelerating the just energy transition in Vietnam and contributing toensuring a prosperous future for all people, economic growth, self-reliance andenergy security of Vietnam.
Leaders of IPG membercountries appreciated Vietnam’s JETP Resource Mobilisation Plan and affirmedtheir readiness to continue supporting Vietnam in financing, technology andgovernance capacity building. They noted that the plan is developed byVietnam and is suitable with Vietnam’s needs and situation.
EC President Ursula von derLeyen said that the Resource Mobilization Plan is an important milestone in theimplementation of JETP, demonstrating Vietnam's commitment and leadership inthe energy transition, and affirmed that the EU is proud to become Vietnam'spartner in this process.
The UK's Secretary of Statefor Energy Security and Net Zero emphasized that the Resource Mobilization Plan will not only help Vietnamachieve its ambitious climate and economic goals, but also provide attractivejob opportunities for workers from clean development, leaving no one behind. Heaffirmed that the UK and partner countries stand behind supporting andsupporting Vietnam, according to Vietnam's own needs.
The announcement of theResource Mobilisation Plan is the first step to implement the JETP,contributing to the implementation of Vietnam’s national energy developmentstrategy and the Global Declaration on Coal Power's Transition to Clean Energy.
The same day, PM Chinh hadseveral bilateral meetings with leaders of countries and internationalorganisations.
Meeting with EC PresidentUrsula von der Leyen, the PM affirmed that Vietnam always attaches importanceto the partnership and comprehensive cooperation between Vietnam and theEuropean Union (EU). Vietnam wishes the EU and member states will increase supportfor Vietnam in finance, technology andhuman resource training to cope with climate change and energy transitionwithin the framework of the Political Declaration on the JETP.
PM Pham Minh Chinh talks with EC President Ursula von der Leyen (Photo: VNA)
He also asked the EC to push for the approvalof the Vietnam-EU Investment Protection Agreement (EVIPA) by its membercountries, and consider the early removal of its yellow card over IUU for Vietnam’sfishery products taking into account Vietnam’s resolve and efforts to implementEC’s recommendations on sustainable fishery development.
The EC President affirmed that Vietnam is animportant partner of the EU and the EC, and welcomed the close cooperationbetween the two sides, typically the implementation of JETP. She highlyappreciated Vietnam's efforts in implementing the EC's recommendations on IUUand hoped that the issue would be resolved soon.
The two sides agreed to promote closecooperation at regional and international forums.
At his meeting with Hungarian President KatalinNovak, PM Chinh proposed that the two countries further promote cooperation,particularly in economy-trade-investment and market opening, given the largeroom and potential for collaboration.
PM Pham Minh Chinh meets Hungarian President Katalin Novak (Photo: VNA) He also sought Hungary’ssupport in pushing for the approval of EVIPA by EU member countries and theearly removal of EC’s yellow card on Vietnam’s fishery products, as well as forthe stance of ASEAN and Vietnam on the East Sea issue.
President Novak stressed thatHungary values the role and position of Vietnam in general and the Vietnamesecommunity in Hungary in particular. She affirmed Hungary’s commitment to continuegranting scholarships for Vietnamese students.
The President said she hopesto early visit Vietnam and Hungary also looks forward to welcoming theVietnamese Prime Minister to visit Hungary in 2024.
The two sides agreed to increase the exchangeof delegations, local cooperation and people-to-people exchange to help deepenbilateral ties.
In another meeting, PM Chinhand Indonesian President Joko Widodo reached consensus on continued cooperationand stance coordination in ASEAN and international forums, including those onclimate change response and energy transition.
In a dialogue with FinnishPresident Sauli Niinisto, PM Chinh affirmed that Vietnam attaches importance tocooperation with the country, which is an important partner of Vietnam inNorthern Europe.
President Niniisto saidVietnam is a potential partner of Finland in Southeast Asia, and noted his hopethat the two countries will strengthen cooperation, particularly in greentransition, renewable energy and climate change response.
The two leaders agreed topromote cooperation in trade and investment, and make the best use of theVietnam-EU Free Trade Agreement to raise bilateral trade turnover on a par withtheir potential.
Also on December 1, PM Chinh and his spouse met with staffmembers of the Vietnamese Embassy and representatives from the Vietnamesecommunity in the UAE.
There are nearly 5,000 Vietnamese living and working in theUAE./.
