French energy groups pledge continued cooperation with Vietnam

VOV.VN - Representatives of French energy corporations have committed to maintaining and expanding their investment in the Vietnamese market, especially in new spheres such as renewable energy, green hydrogen, and biomass.

They made the affirmation during a working session held with Minister of Industry and Trade Nguyen Hong Dien on the sidelines of the Southeast Asia Forum in Paris, France, on December 4.

Showing a keen interest in the Vietnamese market, French CEOs highly valued Vietnam’s determination in the energy transition and greener economic transformation in a more sustainable manner.

For his part, Dien reaffirmed Vietnamese commitments to cutting emissions to net zero by 2050, saying the shift from fossil fuels to green and clean energy is an inevitable task for Vietnam in the coming decades.

Therefore, the involvement of French energy corporations in key areas such as oil and gas exploitation, electricity, atomic energy, renewable energy and green energy development is anticipated to create huge advantages for them to further develop their business operations in the country, he said.

Vietnam is ready to create the most optimal conditions possible for French firms to get involved in developing renewable energy and green energy on the principle of harmonious benefits and risk sharing, he went on.  

The minister expressed his hope that French businesses would support Vietnam in formulating appropriate policies, regulations, and standards to develop new energy industries such as green hydrogen, and in training human resources in the related field.

During a separate working session held with leaders of France’s second largest distribution system, Carrefour, Dien appreciated the retail group hosting a number of trade promotional events aimed at introducing Vietnamese goods in its supermarket chain.

Minister Dien noted that Carrefour’s efforts will help provide consumers and distributors with various options, while serving as an effective channel  to introduce Vietnamese goods directly to French consumers, noted the minister

He on this occasion invited Carrefour to attend the Vietnam International Sourcing slated for June 6 to June 8, 2024, in Ho Chi Minh City.

He said that his ministry stands ready to support  Carrefour if the group intends to conduct business in Vietnam in the future.

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