Green investment funds to bloom in Vietnam amid low-carbon transition

ASEAN’s-Road-to-a-Green-Economic

HANOI, May 9 (Xinhua) -- At least 15.5 billion U.S. dollars, under the partnership between Vietnam and industrialized nations, will pour into the Southeast Asian country to support its efforts to meet carbon neutrality target by 2050, Vietnam News reported on Tuesday.

The Just Energy Transition Partnership between Vietnam and the Group of Seven nations, announced last December, is expected to raise 15.5 billion dollars, half from donor governments and the other half from the private sector, for the country over the next three to five years.