Deputy Prime Minister Trần Hồng Hà (R) and Finnish Ambassador to Việt Nam Keijo Novaron. — VNA/VNS Photo

Việt Nam has encouraged and created favourable conditions for coal-to-gas power transition projects, Deputy Prime Minister Trần Hồng Hà said while receiving Finnish Ambassador to Việt Nam Keijo Novaron and President and CEO for Wartsila Corporation Hakan Agnevall in Hà Nội on Tuesday.

Speaking highly of the effective co-operation between Việt Nam and Finland in the areas of circular economic development, environmental protection and clean energy, Hà said Việt Nam is now a partner of the European Union (EU) and G7 countries to deliver on the net-zero commitment and the Just Energy Transition Partnership (JETP).

Regarding the flexible power project of Wartsila Corporation, he asked the group to have the full consideration of the expenditure of infrastructure investment, gas purchase, power generation from renewable energy, transmission system, among others, making the project suitable to the Vietnamese market.

He also informed the guests of Việt Nam’s policies of encouraging and attracting foreign investors to off-shore wind power development, direct power purchase, renewable energy equipment manufacturing, and waste-to-energy projects.

Ambassador Keijo Novaron, for his part, said Việt Nam and Finland have worked together to promote sustainable development by co-operating in the fields of clean water supply, environmental hygiene, innovation, and afforestation.

The two countries have exchanged technologies and knowledge in the areas requiring state-of-the-art technologies that they are interested in, he added.

Meanwhile, Hakan Agnevall said the corporation and its Vietnamese partner are working to carry out the first flexible power project in Việt Nam. — VNS