Vietnam, GWEC discuss expanding renewable energy investment opportunities

National Assembly Vice Chairman Nguyen Hong Dien praised GWEC’s role and contributions in promoting renewable energy worldwide through policy recommendations and its active cooperation with Vietnamese agencies and partners in recent years.

National Assembly Vice Chairman Nguyen Hong Dien and delegates at the event (Photo: VNA)
National Assembly Vice Chairman Nguyen Hong Dien and delegates at the event (Photo: VNA)

Hanoi (VNA) – National Assembly Vice Chairman Nguyen Hong Dien received in Hanoi on June 9 a delegation from the Global Wind Energy Council (GWEC), led by its Chief Executive Officer Ben Backwell, to discuss cooperation in advancing renewable energy development and supporting Vietnam’s green energy transition.

At the meeting, Dien praised GWEC’s role and contributions in promoting renewable energy worldwide through policy recommendations and its active cooperation with Vietnamese agencies and partners in recent years.

He noted that Vietnam is entering a new stage of development driven by institutional reforms, science and technology, innovation and digital transformation, alongside green growth and the country's commitment to achieving net-zero emissions by 2050.

Renewable energy development plays a vital role in diversifying energy sources, strengthening national energy security, fostering technological innovation and enhancing economic competitiveness, he said.

Dien highlighted that Vietnam has introduced various policies to encourage clean and renewable energy development and promote green energy transition, contributing to ensuring energy security, and implementing its international commitments on greenhouse gas emission reduction and sustainable growth.

Amid an increasingly complex global landscape, he stressed the need for comprehensive and practical legal frameworks that ensure a transparent, stable and favourable investment environment for domestic and foreign investors. He called on GWEC to share international experience and policy recommendations to support Vietnam's institutional development.

The Vice Chairman said the National Assembly is considering a number of key laws related to renewable energy, new energy and green energy transition to remove bottlenecks and establish a transparent and stable legal framework for investors.

He also expressed his hope that GWEC would continue serving as a bridge between the international business community and Vietnam by contributing policy recommendations, sharing global expertise and mobilising resources to support energy transition and market development while promoting investment opportunities in wind power and renewable energy.

Dien encouraged GWEC member companies to go beyond individual projects by engaging in technology transfer, workforce training, supply chain development and the establishment of a renewable energy industrial ecosystem in Vietnam.

For his part, Backwell commended Vietnam's strong commitment to green transition, renewable energy development and its net-zero target by 2050.

The two sides also discussed measures to advance onshore and offshore wind power, strengthen skills development and workforce training, and facilitate the effective implementation of wind power projects in Vietnam./.

VNA

See more

Deputy Prime Minister Nguyen Van Thang speaks at the event. (Photo: baochinhphu.vn)

Deputy PM calls for integrated ASEAN fintech ecosystem

Deputy PM Nguyen Van Thang proposed a shared vision for an ASEAN fintech ecosystem that is open, secure, transparent, inclusive, and sustainable: “Open” to foster connectivity, “Secure” to enable growth, “Transparent” to build trust, “Inclusive” to ensure that no one is left behind, and “Sustainable” to strengthen resilience and support long-term progress.

Vice Chairperson of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) Xian Hui (left) meets with Secretary of Phu Tho provincial Party Commitee Pham Dai Duong on comprehensive cooperation (Photo: VNA)

Phu Tho expands cooperation with Chinese localities

A high-level delegation of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), led by its Vice Chairperson Xian Hui, visited the production facility of BYD Vietnam Co., Ltd. at Phu Ha Industrial Park and held a working session with leaders of Phu Tho province on June 9.

Financial buildings in downtown Ho Chi Minh City along the Saigon River. (Photo: VNA)

Robust dispute resolution framework key to Vietnam’s IFC ambitions

The development strategy for VIFC-HCMC envisions a comprehensive financial ecosystem encompassing green finance, carbon credits, financial technology (fintech), blockchain technology, digital assets, digital banking and other innovative business models. These highly internationalised sectors involve complex cross-border transactions and sophisticated legal structures.

A step in the semiconductor chip manufacturing process. (Photo: VNA)

LG to build first semiconductor substrate plant in Vietnam

LG Innotek, an affiliate of the Republic of Korea's LG Group, has announced a plan to build its first semiconductor substrate plant in Vietnam, marking a significant step in expanding its production capacity and strengthening its semiconductor packaging solutions business.

Minister of Industry and Trade Le Manh Hung, President and Chief Executive Officer of Murphy Oil Eric M. Hambly, and delegates at their meeting on June 8 in Hanoi. (Photo: moit.gov.vn)

Murphy Oil urged to expand investment in Vietnam

Murphy Oil has operated in Vietnam since 2012 and currently participates in and operates many important oil and gas contracts at projects such as Lac Da Vang and Hai Su Vang, which are expected to contribute additional oil and gas supplies, strengthen energy security and support Vietnam’s economic development.

Deputy Prime Minister Nguyen Van Thang (R) receives Krishna Srinivasan, Director of the Asia and Pacific Department at the International Monetary Fund (IMF), in Hanoi on June 8. (Photo: VNA)

Deputy PM receives IMF Asia-Pacific Director

Director of the Asia and Pacific Department at the International Monetary Fund (IMF) Krisha Srinivasan affirmed that the IMF will continue to accompany and support Vietnam in the development of its financial sector, thereby helping to strengthen resilience and promote sustainable growth in the years ahead.

An article on Vietnam's e-commerce boom on Le Monde (Photo: VNA)

Digital economy fuels new growth momentum in Vietnam: French daily

French daily Le Monde recently reported that Vietnam’s e-commerce revenue approached 26 billion EUR (29.6 billion USD) in 2025, jumping 25% from a year earlier on the heels of a 20% gain in 2024. The sector now commands roughly 11% of total retail sales, cementing Vietnam’s status as one of Southeast Asia’s most dynamic markets.

Vietnam Airlines Group offers nearly 2.2 million discounted domestic seats from now until August 16 to meet peak summer travel demand. (Photo: VNA)

Vietnam Airlines Group offers nearly 2.2 million discounted domestic seats

Vietnam Airlines Group, comprising Vietnam Airlines, Pacific Airlines and Vietnam Air Services Company (VASCO), will provide nearly 5.5 million seats on domestic routes from now until August 16 to meet peak summer travel demand, including around 2.2 million seats offered at promotional fares on various routes.

A pepper farm in Gia Lai province (Photo: VNA)

Vietnam’s pepper exports jump 21.7% in volume in five months

May shipments, however, totaled 25,180 tonnes worth 166.2 million USD, down 18.9% by volume and 13.9% by value from April, and 4.8% lower in volume from a year earlier. Major exporters reported declining shipments, underscoring a sector-wide pullback.

Representatives of Vietrade and TFO Canada discuss a new cooperation project for 2026–2030. (Photo: VNA)

Vietnam, TFO Canada move towards strategic trade partnership

Director General of Vietrade Vu Ba Phu said the success of cooperation during 2021–2024 had laid a solid foundation for elevating bilateral ties in the new phase, with Vietrade now serving as TFO Canada’s strategic partner in Vietnam.