The second energy forum between Viet Nam and Thailand took place in Bangkok on October 6, seeking ways to achieve the common goal of developing clean and sustainable energy.

Permanent Secretary of the Thai Ministry of Energy Kulit Sombatsiri said his country wished to promote substantive cooperation in energy with Viet Nam.

Vietnamese Deputy Minister of Industry and Trade Dang Hoang An said since the first forum was held in Binh Dinh Province in 2015, bilateral energy cooperation had reaped many encouraging results.

Thailand was an important energy investor in Viet Nam, he said, elaborating that its businesses had been investing in wind, solar and thermal power plants in many Vietnamese localities.

The Viet Nam Oil and Gas Group and the national oil and gas firm of Thailand, via its subsidiaries, were also working together in some oil and gas exploration and exploitation projects in Viet Nam and Algeria, he added.

Affirming the importance of the energy partnership with Thailand, An held that the organisation of the second forum was necessary amid numerous difficulties facing the global energy industry as it helped the two sides know each country’s energy cooperation demand, strengthen energy cooperation, and would contribute to their countries’ enhanced strategic partnership set up in 2015.

At the forum, participants discussed and shared experiences in many important energy development issues of Viet Nam and Thailand, which have the common target of shifting to clean energy to minimise climate change impacts.

They also discussed opportunities for energy business partnerships in the future, the expansion of trade and investment links, the exchange of knowledge and technology, innovations in petroleum exploration and clean energy production, and the development of new fuels like hydrogen and ammonia so as to jointly promote energy security and sustainable energy.

They also highly valued the investment climate in Viet Nam and held that the country is a potential market with high profitability in the energy sector.

Businesses of Viet Nam and Thailand also met one another to seek partnership chances. — VNA/VNS