(VOVWORLD) - Vietnam and Japan should continue their close cooperation in the Asia Zero Emission Community (AZEC) and the Just Energy Transition Partnership (JETP), said Deputy Prime Minister Tran Hong Ha on Wednesday.
 Deputy Prime Minister Tran Hong Ha (R) and Special Advisor to the Cabinet of Japan, and Managing Director, Chairman of the Board of Directors of the Japan Bank for International Cooperation (JBIC) Maeda Tadashi. (Photo: VNA) |
At a meeting with Special Advisor to the Cabinet of Japan, and Managing Director, Chairman of the Board of Directors of the Japan Bank for International Cooperation (JBIC) Maeda Tadashi in Hanoi on Wednesday, Mr. Ha said he looked forward to Maeda’s recommendations to realize the target of net zero emissions, as well as the JETP roadmap, noting that as a developing nation, Vietnam has faced a range of difficulties in this field.
Mr. Ha said Vietnam has established a secretariat for the JETP implementation, along with working groups on investment policies, law perfection and energy transition in electricity, transport, industry and agriculture; and picked up some businesses to pilot major renewable energy projects.
Businesses need favourable access to funding sources to support the transition to green and renewable energy, he said, suggesting Vietnamese and Japanese enterprises establish close and comprehensive cooperation mechanisms to propose feasible projects and solutions that match the reality in Vietnam.
Maeda reiterated the Japanese Government’s commitments to promoting the AZEC initiative, and its hope for close cooperation with Vietnam in implementing the JETP and net zero emission roadmaps.
Japanese firms stand ready to play an active role in energy transition in Vietnam, he affirmed.