Business

Vietnam, France sign MoU to strengthen railway cooperation

Deputy Minister of Construction Nguyen Danh Huy proposed that the EU and France support the Ministry of Construction in implementing energy transition initiatives in transport, greenhouse gas mitigation, and climate change response, contributing to Vietnam’s commitment to achieving net-zero emissions by 2050, as pledged at COP26. He also highlighted the need for training and capacity-building support.

Delegates at the working session in Hanoi on May 27 (Photo: VNA)
Delegates at the working session in Hanoi on May 27 (Photo: VNA)

Hanoi (VNA) – Deputy Minister of Construction Nguyen Danh Huy had a working session in Hanoi on May 27 with Director General of the French Development Agency (AFD) Rémy Rioux and representatives of the European Union Delegation in Vietnam to discuss cooperation in transport and construction, within the framework of French President Emmanuel Macron’s visit to Vietnam.

The EU and French sides shared their orientation and plans to support Vietnam’s green transition, including grants to help reduce emissions in the transport sector.

Deputy Minister Huy commended the AFD’s collaboration with Vietnam in the transport sector through implementing railway projects and promoting energy efficiency and low-carbon development in buildings toward sustainable urban development.

He proposed that the EU and France support the Ministry of Construction in implementing energy transition initiatives in transport, greenhouse gas mitigation, and climate change response, contributing to Vietnam’s commitment to achieving net-zero emissions by 2050, as pledged at COP26. He also highlighted the need for training and capacity-building support.

During the meeting, Deputy Minister Huy, AFD Director General Rioux, and SNCF International President Diego Diaz signed a memorandum of understanding between the Ministry of Construction, AFD, and SNCF International on enhancing the capacity of ministry officials in the railway sector.

Earlier, on May 26, Minister of Construction Tran Hong Minh and French Ambassador to Vietnam Olivier Brochet signed a letter of intent between the Ministry of Construction of Vietnam and the Ministry of Transport of France to promote cooperation in transport, including aviation, maritime, inland waterways, and railways.

The signing aims to implement the Joint Statement on the establishment of a Comprehensive Strategic Partnership between Vietnam and France issued on October 7, 2024, during the visit to France by Party General Secretary and President To Lam, reflecting the two sides' determination to boost cooperation in the transport sector./.

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#Vietnam #railway cooperation #French Development Agency #EU #green transition #net-zero emissions #France France Vietnam
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