Vietnam, Japan to hitch forces to advance inexperienced development

HCMC – The Japan Worldwide Cooperation Company (JICA) has pledged to associate with the Ministry of Pure Sources and Setting to strengthen Vietnam’s capability for decreasing carbon emissions.

This cooperation will assist enhance useful resource administration, improve residing circumstances by means of cooperation with agricultural corporations, and usher in trendy expertise to mitigate the impacts of local weather change and pure disasters.

The dedication was made throughout a seminar titled “Vietnam – Japan Collaboration in direction of Inexperienced Development,” held in Hanoi on September 12 to mark the fiftieth anniversary of diplomatic relations between the 2 nations.

The occasion, collectively organized by the Ministry of Agriculture and Rural Improvement and Vietnam Information, introduced collectively leaders from numerous Vietnamese ministries and companies, together with the Ministry of Planning and Funding, the Ministry of Overseas Affairs, and the Ministry of Business and Commerce. Representatives from each international locations, together with JICA, the Japan Exterior Commerce Group (JETRO), provincial leaders, specialists, and companies additionally attended.

JETRO highlighted the importance of inexperienced growth in addressing urgent points in Vietnam, similar to water high quality, air air pollution, waste administration, recycling, vitality effectivity, and carbon emissions. They really useful that the Vietnamese Authorities tighten environmental rules, broaden producers’ environmental tasks, and expedite the transition to renewable vitality.

Over the previous 5 a long time, Vietnam and Japan have strengthened their cooperative ties, particularly in international affairs, economic system and commerce.

Japan has constantly been Vietnam’s high investor and ODA supplier, with 2022 two-way commerce reaching almost US$50 billion.

This newest partnership aligns with Vietnam’s worldwide commitments underneath the United Nations Framework Conference on Local weather Change (COP26).

Vietnamese Ambassador to Japan Pham Quang Hieu expressed optimism in regards to the present state of bilateral relations, describing it as probably the most promising part of their historical past. He emphasised the potential for additional cooperation in inexperienced expertise, vitality transition, and the appliance of Japanese expertise suitable with Vietnam’s growth within the years 2030-2050.

As of August 2023, Japanese corporations had acquired concerned in 5,168 initiatives in Vietnam, with whole registered capital of US$71 billion, rating third amongst 143 international locations and territories investing within the nation.

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