The visit, hosted by Vietnamese Minister of Industry and Trade (MoIT) Tran Tuan Anh, aims to enhance Vietnam-Denmark partnership in Energy and Climate sector and to mark the next phase of the Energy Partnership Program 2017-2020.
Vice Minister Thomas Egebo is scheduled to meet with leaders of MoIT, Hanoi and Ho Chi Minh city’s People’s Committees to discuss investment plans in energy and climate change as well as commercial cooperation between two countries. He will also attend the launching of Vietnam Energy Outlook Report and visit the National Load Dispatch Center to learn & discuss about challenges for renewable energy integration in the power system.
Before leaving Vietnam, the visiting official will explore challenges and opportunities of doing business in Vietnam by attending meetings with Danish companies in Ho Chi Minh city.
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Since 1994, Denmark has provided more than USD1.3 billion in grant development assistance to Vietnam, thus contributing to the strong growth and economic development which has taken place in the nation.
In November 2011, Denmark signed a joint declaration with the Vietnamese Government to build a strategic partnership in the areas of climate change, environment, energy and green growth. This entails the continued support to the development and implementation of strategies, programs and action plans of Vietnam in the field of climate change, environment, energy and green growth. The two sides agree to encourage the use of Danish expertise and technology within energy efficiency, renewable energy, water and waste management
Further, Denmark has supported the Vietnam Energy Efficiency and Conservation Program to reduce the energy consumption rate by 5-8% of the business as usual scenario.
Of further significance is the “Low Carbon transition in Energy Efficiency sector in Vietnam” (LCEE) program, a financial mechanism running from 2013-2017 to support SMEs investing in green and energy saving technologies.
In 2013 Denmark and Vietnam signed a comprehensive partnership agreement aimed at increasing the already flourishing cooperation within trade and green growth. Subsequently, new partnerships between the Danish Ministry of Climate, Energy (valid until June 28th, 2015) and the Vietnamese Ministry of Industry and Trade, Ministry of Construction was established to enable sharing of Danish know-how and state of the art technology in the energy sector to Vietnam authorities and businesses./.