Vietnam, RoK ramp up co-operation in developing green industries

VOV.VN - A forum looking into measures aimed at boosting ties between the nation and the Republic of Korea (RoK) in developing green industries and smart mobility was held on March 28 in the RoK.

Jointly organised by the Vietnam-Korea Businessmen and Investment Association (VKBIA), the Vietnam – Korea Alliance for Green Mobility (VKERC), and the Office of the RoK National Assembly, the event witnessed the participation of representatives from six RoK government’s agencies, businesses, organisations, research institutes, and universities involved in the green industry and smart mobility.

Upon addressing the event, Dr. Tran Hai Linh, member of the Vietnam Fatherland Front (VFF) Central Committee and Chairman of VKBIA, highlighted the co-operation potential that exists between agencies, businesses, and universities, research institutes of both countries in green and supporting industries, as well as opportunities to promote green industries in the nation.

He also briefed participants on investments made by Korean businesses in the Vietnamese market of recent years.

Kim Jong-bae, president of VKERC, stressed that the transition to green and smart means of transport in developing countries in Asia, including ASEAN, will not only contribute to achieving the national goal of reducing greenhouse gas emission, but also serve to promote green industry development, thereby creating great opportunities in which to boost socio-economic growth.

However, he underscored the necessity to augment co-operation among countries as a way of addressing obstacles and barriers facing the transition to low-carbon means of transport in Asia, such as technological reliability and high initial cost.

According to Yang Jung-suk of the RoK’s National Policy Committee, his country will support the green industry as it seeks to make inroads into the international market through setting up a green industry alliance, linking green ODA sources.

As part of the occasion, VKBIA, VKERC, and Honam University of the RoK signed a co-operation agreement on implementing programmes aimed at intensifying technology exchange and transfer, support in expertise and vocational training and employment, investment promotion, development of green industry and smart transport; as well as co-operation in these fields between Vietnam, the RoK, and other ASEAN member states.

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