#Green growth

Green investment in SEA-6 reached US$8 billion in 2024, a 43 per cent increase year-on-year, with Việt Nam standing out for its growing green investment momentum.

Việt Nam is taking significant steps to establish a carbon market to fulfil its commitment to achieving net zero emissions by 2050.

Green growth process in Viet Nam has opened up various development and cooperation opportunities for domestic and foreign-invested enterprises.

 The Ministry of Planning and Investment’s circular on a set of criteria for green growth statistics will come into effect on December 15.

Việt Nam-Japan cooperation in the development of green growth, a cornerstone in the two nations' future economic relations, still has enormous untapped potential, heard participants at a seminar themed: "Việt Nam-Japan cooperation towards green growth" in Hà Nội on Tuesday, September 12.

Top priority would also be given to cutting costs for businesses and synchronously and effectively deploying policies to support firms in capital, technology transfer, training and human resource development.

Vietnamese Deputy Prime Minister Trần Hồng Hà attended and spoke at a session with corporations and investment funds on digital transformation, innovative start-ups, green finance and sustainable development held within the framework of the 53rd World Economic Forum (WEF) in Davos.

Vietnam boasts substantial potential for wind power, particularly offshore wind power, providing an opportunity for the country to fulfill its energy transition target towards green growth, heard a conference held by the Global Wind Energy Council (GWEC) in Hanoi on December 1.

The sector will promote the application of advanced production processes to reduce the use of fertilisers and chemical pesticides that cause environmental pollution and the degradation of arable land and greenhouse gas emissions.

The Vietnam Association of Foreign Invested Enterprises (VAFIE) has begun working on the annual 2022 foreign direct investment (FDI) report.