Politics

President welcomes leading US energy enterprises

Vietnam always welcomes US investors and gives high priority to efforts to sustainably develop the energy sector with the goal of maintaining national energy security and reducing greenhouse gas emissions, President Nguyen Xuan Phuc has affirmed.
President welcomes leading US energy enterprises ảnh 1President Nguyen Xuan Phuc (R) receives a leader of Blackrock (Photo: VNA)
Hanoi (VNA) – Vietnam always welcomes US investors and giveshigh priority to efforts to sustainably develop the energy sector with the goalof maintaining national energy security and reducing greenhouse gas emissions,President Nguyen Xuan Phuc has affirmed.

President Phuc made the statement while receiving leaders ofthe US’s leading energy enterprises on September 23 (local time), as part ofhis activities in New York to attend the 76th session of the United NationsGeneral Assembly.

President welcomes leading US energy enterprises ảnh 2President Nguyen Xuan Phuc and Vietnamese officials pose for a photo with ExxonMobil representatives (Photo: VNA)
Receiving leaders of Exxon Mobil Corporation(ExxonMobil), Phuc suggested the corporation continue to work with Vietnamese partnersand authorities to develop projects that it is interested in.

The activities of major US oil and gas companies, includingExxon Mobil, in Vietnam's waters, especially in deep-water and high-potentialareas, not only bring economic benefits to both sides, but also have importantstrategic significance, serving the two countries’ common goal of contributingto the maintenance of peace, stability, cooperation and development in theregion.

President welcomes leading US energy enterprises ảnh 3President Nguyen Xuan Phuc presents gifts to NextDecade leaders (Photo: VNA)
At his meeting with leading officials of NextDecade Corporation,the President stated that Vietnam wishes to import liquefied natural gas (LNG)from the US, contributing to the harmonious and sustainable development of two-waytrade.

He welcomed NextDecade's proposals in ensuring sustainableeconomic development, and suggested NextDecade consider expanding investment andbusiness cooperation and providing solutions to reduce carbon dioxideemissions for production and business establishments in Vietnam.

Hosting leaders of Blackrock, a leading multinationalinvestment management corporation, President Phuc welcomed Blackrock's interestin investing in energy development in Vietnam, and suggested the company continueworking with Binh Son Refinery and Petrochemical Company and relevant Vietnameseagencies to realise this idea.

As Blackrock has just established a climate fund with apriority to support developing markets to shift to clean energy, theVietnamese leader shared that Vietnam advocates energy diversification andmakes the most use of renewable energy sources. He asked Blackrock to study investmentprospects in Vietnam./.
VNA
#Blackrock #ExxonMobil #NextDecade #President Nguyen Xuan Phuc #United Nations General Assembly #energy security #Vietnam #Vietnamplus #Vietnam News Agency
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