Viet Nam has identified green growth, and green transformation as important growth engines in the long term and is actively implementing a roadmap to realise such goals.

Vietnamese Deputy Prime Minister Tran Hong Ha made the statement as he attended and spoke at a session with corporations and investment funds on digital transformation, innovative start-ups, green finance and sustainable development held on Monday (local time) within the framework of the 53rd World Economic Forum (WEF) in Davos.

According to the Vietnam News Agency correspondent in Geneva, the dialogue was attended by Philipp Rosler, former Deputy Chancellor of Germany, Honorary Consul of Viet Nam in Switzerland, and leaders and representatives of a number of corporations and multinational investment funds.

Deputy PM Ha said Viet Nam was actively implementing a plan to amend and supplement the legal framework in order to mobilise and encourage green finance, technology, production, and investment, as well as properly implement green transition, energy transition, transition to a circular economy and low carbon economy.

In addition, with the need for digital transformation at all levels and in all fields, Viet Nam has strong demand for cooperation in digital transformation and exploitation of digital resources, he noted.

Deputy PM Ha called on corporations to step up investment, support Viet Nam in green growth, and well implement international commitments on sustainable development and climate change, including UNCOP26 commitments on net zero by 2050, and to raise more capital to implement the Just Energy Transition Partnership.

At the dialogue, Deputy PM Ha also answered many questions and concerns of investors.

Leaders of corporations expressed their impressions of Viet Nam’s GDP growth and congratulated Viet Nam on its economic development achievements, and highly valued Viet Nam’s economic prospects.

The investors expressed their strong impression of Viet Nam’s commitment to net zero made at UNCOP26 as well as the negotiation process for the Just Energy Transition Partnership, wishing to accompany the Vietnamese Government.

They said they would study investment opportunities and implement green projects in Viet Nam in the future. — VNS