Business

Vietnam, Sweden promote cooperation in renewable energy development

Vietnam and Sweden have nurtured long-standing energy cooperation and now the scope of cooperation has expanded from hydropower in the past to safe and sustainable energy development at present.
Vietnam, Sweden promote cooperation in renewable energy development ảnh 1A solar system introduced by the Embassy of Sweden in Vietnam (Photo: congthuong.vn)
Hanoi (VNA) –Vietnam and Sweden have nurtured long-standing energy cooperation and now thescope of cooperation has expanded from hydropower in the past to safe andsustainable energy development at present.

Speaking with the CongThuong (Industry and Trade) newspaper, Swedish Ambassador to Vietnam Ann Mawesaid in the recent time, in addition to stepping cooperation at thegovernmental level, the Swedish side and Vietnam’s Ministry of Industry andTrade have regularly held seminars to offer chances for major energy firms.

The events focused ontechnical solutions, improvement of the national grid, development of the renewableenergy market, credit support from Swedish financial institutes.

The diplomat spokehighly of Vietnam’s enormous potential in renewable energy development, notonly wind but also solar energy.

Vietnam should investin and improve transmission systems to join the network of safe and sustainableenergy resources, as well as preserve redundant energy in peak productionseason, she said.

In addition, theVietnamese government needs to devise programmes to raise public awareness ofenergy saving, Mawe added.

In the coming time,Sweden will continue to work with the European Union (EU) and northern Europeannations in green energy development projects, and provide counselling to theVietnamese Government in the transition from fossil fuels to renewable energy.
Vietnam, Sweden promote cooperation in renewable energy development ảnh 2Swedish Ambassador to Vietnam Ann Mawe (Photo: congthuong.vn)

The ambassador alsonoted that the EU-Vietnam Free Trade Agreement (EVFTA) will offer Sweden andVietnam more cooperation opportunities in the fields of economy, investment andtrade. 

Many majorcorporations of Sweden have seen efficient operations in Vietnam and earnedtrust from local consumers, paving the way for others to invest in theSoutheast Asian country, Mawe said.

She voiced her hopethat once the COVID-19 is kept under control, Swedish small- and medium-sizedenterprises will invest in Vietnam and Vietnamese firms will bolster investmentand exports to Sweden.

The diplomat alsoexpressed her belief that bilateral trade will continue its upward trendrecorded in recent years./.
VNA
#Vietnam-Sweden relations #energy cooperation #safe and sustainable energy development #Swedish Ambassador to Vietnam Ann Mawe #renewable energy #vietnamplus #vietnam news agency Sweden Vietnam
Follow VietnamPlus

Related News

Experts: EVFTA looks towards sustainable development

Experts: EVFTA looks towards sustainable development

The European Union – Vietnam Free Trade Agreement (EVFTA) not only promotes trade and investment growth between Vietnam and the EU but also creates a driving force to boost cooperation in improving growth quality, towards sustainable development, experts said.
EVFTA pushes up Vietnam’s exports to Sweden

EVFTA pushes up Vietnam’s exports to Sweden

The EU-Vietnam Free Trade Agreement (EVFTA) has clearly helped promote trade between Vietnam and Sweden, with Vietnam’s export turnover to the country in January surging 99.94 percent year-on-year, according to the Vietnamese Trade Office in Sweden.

See more

Permanent Deputy Prime Minister Nguyen Hoa Binh speaks at the meeting to review the development strategy and operational framework for the international financial centre. (Photo: VNA)

Deputy PM urges early establishment of trading platforms at Int’l Financial Centre

Chairing a meeting in Hanoi on March 6 to review the development strategy and operational framework for the international financial centre, Binh acknowledged the progress made by relevant ministries and localities in a short period of time. However, he noted that current efforts have largely focused on building the organisational structure and legal framework.

Regza Vietnam Electronics Co., Ltd. (fully invested by Taiwan, China) installs four modern production lines in 2024. (Photo: VNA)

FDI disbursement in Jan–Feb reaches five-year high

The NSO noted that the Republic of Korea (RoK) and Singapore were the largest investors during the period, each registering over 1 billion USD in newly committed capital, accounting for a significant share of total foreign investment inflows into Vietnam.

Rising geopolitical tensions in the Middle East on Vietnam’s economy under the baseline scenario is expected to remain limited. (Photo: VNA)

Middle East tensions likely to have moderate impact on Vietnam’s economy: VinaCapital

According to Michael Kokalari, Director of Macroeconomic Analysis and Market Research at VinaCapital, the conflict is unlikely to significantly affect Vietnam. Exports to the Middle East account for less than 3% of Vietnam’s total export turnover, while the likelihood of a large-scale and prolonged ground campaign in Iran is considered relatively low.

VinFast has signed a strategic partnership with six electric motorbike dealers in Indonesia, marking a new step in expanding its distribution network in one of the region’s and the world’s largest motorcycle markets. (Photo: VNA)

VinFast partners with six e-scooter dealers in Indonesia

In preparation for the launch of its electric scooters in Q2/2026, VinFast has signed additional MoUs with six dealers, including PT. IB Motor, PT. Sentrik, PT. Axara Marani, PT. Sukses Sejati Indonesia, PT. Tangguh Inti Motor, and PT. Kiki Motor Persada. These partners are distributors with strong experience in key markets and share a common direction toward green mobility solutions.

Fishermen at Dong Tac fishing port in Phu Yen ward, Dak Lak province prepare to head back to sea after the storm (Photo: VNA)

Dak Lak reviews fishing vessel fleet, steps up fight against IUU fishing

Local authorities are focusing on managing registered fishing vessels and reviewing all records and data related to fishing, purchasing and processing seafood. Violations related to IUU fishing are being strictly handled under the principle of “facing the problem, not avoiding it”.

UK Ambassador to Vietnam Iain Frew addresses the event (Photo: nhandan.vn)

Vietnam, UK step up cooperation in derivatives commodity market development

The British Embassy in Vietnam and the British Consulate-General in Vietnam, in coordination with Boston Consulting Group (BCG), held a capacity-building session under the UK–Vietnam Growth Gateway initiative in Hanoi on March 5 to discuss strategies for developing a transparent and globally connected commodity and derivatives market.

The Quang Tri coastal road project, spanning nearly 55km, is among key projects with regional connectivity that play an important role in promoting socio-economic development in the central province of Quang Tri. The project is expected to be completed by the end of 2026.(Photo: VNA)

Public investment disbursement slow despite record capital scale

As of February 28, total disbursed capital reached 55.74 trillion VND, equivalent to 5.6% of the plan assigned by the Prime Minister. Of the figure, disbursement of the central budget was estimated at 10.18 trillion VND, or 2.9% of the plan, while that of local budgets totalled 45.56 trillion VND, reaching 7% of the target.

Delegates taste UK food (Photo: VNA)

Taste of UK week promotes British foods in Vietnam

The “Taste of the UK” food week, held for the first time in Ho Chi Minh City from February 26 to March 11, is an opportunity to promote British food products and strengthen their presence in Vietnam, while giving local consumers a chance to experience the diversity of UK cuisine.

A customer purchases E5RON92 bioethanol fuel at a PVOIL gas station on Thai Thinh street, Hanoi (Photo: VNA)

Retail fuel prices rise sharply in March 5 adjustment

According to the Ministry of Industry and Trade, the global fuel market during the latest price adjustment period from February 26 to March 4, 2026 was influenced by several major factors, including the escalating military conflict between the US – Israel coalition and Iran.