Vietnam and Australia ramp up energy co-operation
VOV.VN - Australia is keen to co-operate and support Vietnam in energy transition efforts towards achieving its net zero emissions goal by 2050 as committed at the recent 26th UN Climate Change Conference (COP26), said Mark Tattersall, Chargé d'Affaires at the Australian Embassy Hanoi.
The senior Australian official made the statement during a working session held on September 8 with Deputy Minister of Industry and Trade Dang Hoang An.
The Australian Government is willing to provide financial and technical expertise to several of its important partners, including Vietnam, to meet its commitments, he said.
He pointed out that there remains plenty of room ahead for the further development of the renewable energy market in Vietnam, which has so far captured the attention of major Australian investors.
In response, Deputy Minister An highlighted the numerous achievements in Vietnam-Australia relations over recent years, especially in the fields of trade and energy.
Australia has risen to become Vietnam’s 10th largest trading partner and one of the country’s most important partners in the energy and industrial sectors, which is of great significance ahead of marking the 50th anniversary of establishing diplomatic relations next year.
An suggested that Australia continue to support and share experience in the energy sector, including expertise in operating the electricity retail market.
The Vietnamese trade official expressed his belief that both sides will advance to the signing and implementation of the Memorandum of Understanding (MoU) on the establishment of the Vietnam-Australia Energy Dialogue mechanism.
The MoU is expected to provide a solid foundation to promote co-operation in the field of energy between the two countries in the near future, he noted.