Vietnam-Germany Energy Partnership: Accelerating Green Transition in Energy Sector
Key Ideas
- The Joint Declaration signed between Vietnam and Germany establishes the Vietnam-Germany Energy Partnership with a focus on accelerating Vietnam's energy transition, targeting carbon neutrality, enhanced energy security, and expanded business ties.
- Key priorities of the partnership include scaling up renewable energy sources such as offshore wind, solar power, and green hydrogen, as well as digitalizing the power sector and improving energy efficiency.
- Both Deputy Minister Long and Parliamentary State Secretary Rouenhoff expressed optimism about the growing momentum in bilateral trade, industry, and energy relations between Vietnam and Germany, highlighting the potential for deeper cooperation in green hydrogen and workforce training.
- German energy firms operating in Vietnam, including Enertrag, Enercon, and WPD, discussed ongoing projects and future collaboration during a seminar on German support for developing renewable energy hubs in Vietnam, aiming to bolster Vietnam's energy independence and reduce reliance on foreign suppliers.
In Berlin, Vietnamese Deputy Minister of Industry and Trade Nguyễn Hoàng Long and Parliamentary State Secretary at the German Ministry for Economic Affairs and Energy Stefan Rouenhoff signed a Joint Declaration establishing the Việt Nam-Germany Energy Partnership. The partnership aims to accelerate Vietnam's energy transition towards carbon neutrality and enhanced energy security by focusing on renewable energy sources like offshore wind, solar power, and green hydrogen. Both nations will work on refining energy policies, digitalizing the power sector, and supporting decarbonisation in industries resistant to emissions cuts. The partnership will conduct high-level steering committee meetings, technical working groups, and efforts in training, research, and business networking. Deputy Minister Long outlined Vietnam's energy goals, including ambitious targets for solar and wind power capacity by 2030. Both sides expressed optimism about the growing momentum in bilateral trade and energy relations, with a focus on green transition. German energy firms operating in Vietnam participated in a seminar discussing renewable energy projects and future collaboration, with plans for a training centre to develop technical workers and engineers in renewable energy. The Vietnam-Germany Energy Partnership aims to deepen energy collaboration, contribute to sustainable development goals, and strengthen workforce training and economic cooperation between the two nations.
Topics
Green Hydrogen
Renewable Energy
Training Programs
Workforce Development
Sustainable Development
Technology Transfer
Bilateral Trade
Economic Cooperation
EU-Vietnam Relations
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