Tie-up for transition to net-zero economy


— VNA/VNS

HO CHI MINH CITY: Canada’s commitment to support Vietnam’s clean energy transition and goals to achieve net-zero and its willingness to share its expertise and experiences underscore the depth of collaboration between the two countries, visiting Minister of Export Promotion, International Trade, and Economic Development Mary Ng told a workshop in Ho Chi Minh that ended last Friday.

In her opening remarks at “Towards Net-zero: Canada-Vietnam Experiences Sharing,” she said: “Canada and Vietnam are both committed to combating climate change and transitioning to a net-zero carbon emissions economy.

“Canada has the expertise to help Vietnam reach its net-zero 2050 targets. From energy storage to biofuel to other greenhouse management solutions, we have the right people who can provide these solutions.

“We want to be your partner of choice in helping you to power a clean and green future.”

Canada was among the countries that helped establish the Just Energy Transition Partnership (JETP) with Vietnam in 2022, she said.

The JETP and the Emissions Trading Scheme, which establishes carbon pricing, are expected to go a long way to driving investment in clean and green technologies, she added. — Viet Nam News/ANN

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

ACE Market-bound Smart Asia chemical aims to raise RM37.4mil from IPO
Pandora raises full-year forecast on strong U.S. sales
Anwar: Microsoft's new US$2.2bil investment is its largest single investment in Malaysia
Shell beats expectations with $7.7 bln first-quarter profit
Asia stocks rise as Fed tamps down hike fears; yen leaps
Standard Chartered Q1 profit rises 5.5%, beats estimates
Oil prices rebound on prospect of US replenishing strategic reserve
Hong Kong central bank keeps key rate unchanged, tracks Fed move
Westports' 1Q net profit rises to RM204.51mil
FBM KLCI nearly flat at lunch break

Others Also Read