Environment

Vietnam improving legal framework to attract green finance, green technology

Vietnam is actively implementing a roadmap for an improved legal framework for better attracting green finance and green technology; and encouraging green production and investment, said Deputy Prime Minister Tran Hong Ha.
Vietnam improving legal framework to attract green finance, green technology ảnh 1Deputy Prime Minister Tran Hong Ha joins a dialogue with representatives from coroporations and investment funds within the framework of the 53rd World Economic  Forum in Davos. (Photo: VNA)

Geneva (VNA) – Vietnam is actively implementing a roadmap for an improved legal framework forbetter attracting green finance and green technology; and encouraging green production and investment, said Deputy Prime Minister Tran Hong Ha.

He made the statement on January 16 while attending a dialogue ongreen finance and sustainable development within the framework of the 53rd World Economic Forum (WEF) Annual Meeting 2023in Davos, Switzerland.

Speaking atthe event, Ha emphasised that considering the green economy and greentransformation an important growth engine in the long term, Vietnam is facilitating green transition, energy transition and transition to acircular and low-carbon economy.

In addition,in the context of digital transformation in all fields and at all levels in thecountry, Vietnam requires cooperation in digital transformation andexploitation of digital resources.

Ha called oncorporations to step up investment, support Vietnam in green growth, and wellimplement international commitments to sustainable development and climatechange, including those deliverd at the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow.

Leaders ofcorporations expressed their impressions at Vietnam's GDP growth, congratulated the country on its economic development achievements and appreciated its economic prospects.

Investors also applaued Vietnam's commitment to carbon neutralityat the COP26 aswell as the negotiation process to establish a Just Energy TransitionPartnership.
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On that basis,international corporations and investment funds expressed their wish to accompany theVietnamese Government, actively seek investment opportunities and implementgreen projects in Vietnam in the future./.       

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