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Deputy PM busy with meetings on threshold of WEF summit




Deputy Prime Minister Lê Minh Khái meets WEF President Borge Brende on the sidelines of the 52nd World Economic Forum. —VNA/ Photo 

GENEVA — Deputy Prime Minister Lê Minh Khái on May 22 held several bilateral meetings with leaders of international organisations and businesses during his trip to Geneva to attend the 52nd World Economic Forum (WEF) annual meeting.

At his meeting with British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma, Khái said that Việt Nam had been implementing many overall and comprehensive measures in the field of energy transition and growth model transformation towards a green and circular direction to realise commitments made at COP26.

The official underlined that ensuring energy security for growth and reducing emissions at the same time was a very complicated problem that would require the support of the international community in terms of resources, technology, and governance capacity. Therefore, he said that Việt Nam hoped that the UK, the European Union (EU) and other member states of the Group of Seven (G7) would soon make specific commitments to supporting Việt Nam in this area.

For his part, Sharma held that Việt Nam had made a proper decision to announce the net-zero emission commitment at the COP26, lauding Việt Nam’s efforts to realise the commitments, especially the formation of a national steering committee for implementing COP26 commitments to be led by the Prime Minister.

He held that Việt Nam boasts high potential in renewable energy, noting that at the meeting in March 2022, at the proposal of the UK, G7 members agreed to include Việt Nam in the list of the countries prioritised by G7 for energy cooperation. He said he hoped that G7 countries and Việt Nam would soon reach a cooperation agreement on a fair and sustainable energy transition.


Deputy PM Lê Minh Khái meets British Cabinet Minister and President for the 26th United Nations Climate Change Conference (COP26) Alok Sharma. — VNA/ Photo

At a meeting with WEF President Borge Brende, Khái conveyed PM Phạm Minh Chính’s best regards to WEF Founder and Executive Chairman Professor Klaus Schwab. The Vietnamese Deputy PM suggested that the WEF continue to promote its role as a bridge between the Government and businesses in the process of shaping development trends and promoting new growth engines.

The two sides shared pleasure at the practically and sustainably growing partnership between Việt Nam and the WEF. Deputy Prime Minister Khái stressed that Việt Nam was focusing on building an independent and self-reliant economy, while continuing to promote extensive, comprehensive and effective international integration and improving the country’s position in global supply chains.

The WEF President showed support to development orientations and perspectives of Việt Nam, expressing his wish to continue promoting the Việt Nam – WEF partnership, especially in speeding up digital transformation, optimising achievements of the Fourth Industrial Revolution, developing sustainable agriculture, and promoting energy transformation and personnel training. The WEF will continue to coordinate with Việt Nam to organise the second National Strategic Dialogue in the future.

During a meeting with Henrik Anderson President/CEO at Vestas Wind Systems, Deputy PM Khái highly valued the firm’s capacity, experience and efforts in developing wind power projects in Việt Nam.

He said that Việt Nam was completing Power Development Plan VIII (PDP VIII) and heading to the national energy transition process. He noted that Việt Nam would need 100,000 MW of power in 2025 and 150,000 MW in 2030, with the demand for renewable energy of more than 36,000MW in 2025 and nearly 50,000MW in 2030. Total demand for renewable power accounted for about 30 per cent of the country’s total electricity needs, he added.

He underlined that the Vietnamese Government encouraged foreign investors, especially those with competent capacity, experience and financial capacity to engage in developing renewable energy, contributing to the country’s sustainable development process.

Anderson said that Việt Nam would continue to be one of the key markets of his firm. The firm was ready to discuss and coordinate with the Vietnamese Government to improve the efficiency and competitiveness of Việt Nam’s energy industry, he said, expressing his hope that Việt Nam would soon finalise PDP VIII and design a stable mechanism for renewable energy development.

The same day, Deputy PM Khái also met President of the New Development Bank (NDB) Marcos Troyjo who spoke highly of the outstanding economic development of Việt Nam over the past decades, holding that Việt Nam would be a future star in the field.

He said that the NDB hoped to cooperate with Việt Nam and provide financial support packages to the country’s economic recovery and development, adding that NDB’s activities are designed to suit the conditions and needs of each country, focusing on providing loans in the areas of clean energy, transport infrastructure, irrigation, water resource management and sanitation, sustainable urban development and economic cooperation and integration.

Deputy PM Khái said that the areas were of Việt Nam’s great demand for investment. Việt Nam had much experience in participating in multilateral financial institutions, he said, adding that it had shared, long-standing and close bilateral relations with the current member countries of the NDB. He held that this would be a foundation for Việt Nam to further expand cooperation with the international community, including the NDB, in the future when favourable and appropriate conditions allow. —



Vietnamese prime minister hints at defense cooperation during visit to Turkish Aerospace Industries



Vietnam’s Prime Minister Pham Minh Chinh alluded to defense cooperation during his visit on Thursday to Turkish Aerospace Industries (TAI), a major manufacturer of aerospace products and services based in Ankara, the capital city of Turkey.

Representatives of Turkey and TAI briefed PM Chinh on strengths of Turkey’s defense industry.

Vietnamese Prime Minister Pham Minh Chinh (L) shakes hands with a leader of Turkish Aerospace Industries,Turkey, November 30, 2023. Photo: Ngoc An / Tuoi Tre

Vietnamese Prime Minister Pham Minh Chinh (L) shakes hands with a leader of Turkish Aerospace Industries in Turkey, November 30, 2023. Photo: Ngoc An / Tuoi Tre

According to them, TAI is a leading Turkish defense company that engages in the design, development, modernization, manufacturing, integration, and life cycle support of integrated aerospace systems.

Among its manufacturing plants, TAI has a modern aircraft manufacturing facility with hi-tech machines and equipment. 

TAI’s main products range from high-resolution national reconnaissance satellite Göktürk-2, medium-range twin-engined transport aircraft CASA/IPTN CN-235 to unmanned aerial vehicles.

Vietnamese Prime Minister Pham Minh Chinh inspects an aircraft miniature displayed at Turkish Aerospace Industries,Turkey, November 30, 2023. Photo: Ngoc An / Tuoi Tre

Vietnamese Prime Minister Pham Minh Chinh inspects an aircraft miniature displayed at Turkish Aerospace Industries in Turkey, November 30, 2023. Photo: Ngoc An / Tuoi Tre

A TAI leader said the company looks to strengthen its cooperation with Vietnam in some projects and cooperation events launched earlier.

Last year, TAI representatives attended the Vietnam International Defense Exhibition hosted by the Vietnamese Ministry of National Defense. 

PM Chinh said that Turkey had experienced tough periods during which it was restrained from cooperating with other countries.

After that, Turkey made huge efforts to develop its defense industry based on advanced technology, with its heavily-invested aviation sector able to satisfy domestic demand and the need for export.

The Vietnamese cabinet leader thanked Turkey for supporting and collaborating with Vietnam in the defense industry.

Vietnam is fully aware that its key mission is to firmly protect its independence, sovereignty, unity, and territorial integrity, PM Chinh asserted.

To do so, Vietnam needs to modernize the defense industry using modern and practical approaches in line with the country’s national defense and military strategies, he said.

The top Vietnamese official proposed that both sides explore the possibility of fostering their cooperation based on each side’s demand and ability, especially in the defense industry.

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Vietnamese PM Pham Minh Chinh arrives in Dubai for COP28



Vietnam’s Prime Minister Pham Minh Chinh arrived in the United Arab Emirates (UAE) early Friday morning (Vietnam time) to attend the 28th United Nations Climate Change Conference of the Parties (COP28) and other activities at the invitation of the UAE government.

The Vietnamese government leader and his wife Le Thi Bich Tran, along with their entourage, were welcomed at Al Maktoum International Airport in Dubai by representatives from the COP28 organizers and the UAE Ministry of Foreign Affairs.

UAE Ambassador to Vietnam Bader Almatrooshi and Vietnamese Ambassador to the UAE Nguyen Manh Tuan were present at the reception.

Upon his arrival, PM Chinh had talks with UAE Minister of Human Resources and Emiratization Abdulrahman Al Awar as well as UAE Minister of Economy Abdulla Bin Touq Al-Marri before attending the COP28, which opened the same day in Dubai and will last until December 12.

The event is expected to draw around 70,000 participants, including government leaders from 197 countries, EU officials, heads of non-governmental organizations, business representatives, youth delegates, and other related parties. 

The COP28, for which the UAE has the presidency, “is a decisive moment to act on climate commitments and prevent the worst impacts of climate change,” according to a press release from the UN Framework Convention on Climate Change (UNFCCC).

The conference takes place as this year is already known to be the hottest period ever recorded in humankind, “as the impacts of the climate crisis wreak unprecedented havoc on human life and livelihoods around the world,” the UNFCCC said.

At the event, PM Chinh will reaffirm Vietnam’s determination to strengthen international cooperation in climate change response, as well as the country’s relevant commitments including its 2050 net-zero emissions target, according to ambassador Tuan.  

As part of his four-day trip, Chinh will attend and speak at the World Climate Action Summit, scheduled for December 1-2 within the framework of the COP28.  

The PM will join General Director of UK-based Standard Chartered Bank Michele Wee in co-chairing an event to mobilize funds for the implementation of Vietnam’s commitments on climate change.

Chinh will also deliver a speech at the announcement ceremony for Vietnam’s Resource Mobilization Plan (RMP) under the Just Energy Transition Partnership (JETP) announced by Vietnam and the International Partners Group last year, as part of the JETPs that serve as financing mechanisms between developed and developing countries in which the former provide funding for the latter to transition to green energy.

Among tens of other activities, the Vietnamese government chief will witness the signing of memorandums of understanding between the Vietnamese Ministry of Natural Resources and Environment and its partners, and between Vietnamese businesses and banks with their counterparts.

He will also speak at the Vietnam-UAE Business Forum and meet with many leaders of international organizations and large corporations of the UAE.

Since the 2021 COP26 summit, where PM Chinh pledged that Vietnam would achieve net-zero emissions by 2050, the country has launched a series of relevant action programs, including the establishment of a national steering committee to fulfill Vietnam’s COP26 commitments.

Regarding the relationship between Vietnam and the UAE, whose diplomatic relations were set up 30 years ago, Ambassador Tuan said that the PM’s ongoing trip to the Middle East country will help lift the bilateral cooperation in multifaceted fields to a new height, according to the Vietnam News Agency

The visit, along with Chinh’s recent trip to Saudi Arabia, will contribute to promoting Vietnam’s ties with Gulf countries, bringing the UAE and other member countries of the Gulf Cooperation Council closer to the Southeast Asian nation, Tuan said.

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Vietnamese PM receives Turkish ministers



Vietnamese Prime Minister Pham Minh Chinh hosted separate receptions for Turkish Minister of Treasury and Finance Mehmet Simsek as well as Minister of Industry and Technology Fatih Kacir on Thursday during his visit to Turkey from Wednesday to Thursday.

At the reception for Minister Simsek, PM Chinh stressed that Vietnam and Turkey hold strategically important geographical positions and can support each other in connecting with large markets in Europe, the Middle East, Africa, and Asia.

There is much room left for further cooperation between the two nations whose economies can complement each other, but the number of their cooperation frameworks remains modest, the top Vietnamese official said.

PM Chinh suggested Minister Simsek continue his active contributions to effectively enhance bilateral economic ties, especially facilitating negotiations on the Vietnam – Turkey Free Trade Agreement (FTA), removing trade barriers to Vietnamese export products, and recognizing the market economy status of Vietnam.

Minister Simsek said that the Vietnam-Turkey relations have many favorable conditions to advance further.

The senior Turkish official affirmed that Vietnam remains one of Turkey’s priority economic partners in Asia and hoped that both nations will strengthen multifaceted cooperation in the upcoming time.

Minister Simsek underlined the need for the two countries to jointly bolster air links, visa policies, and open branches of Turkish commercial banks in Vietnam.

The Turkish minister suggested reducing the number of remedy measures to bolster trade cooperation, studying the possibility of initiating FTA negotiations to achieve a balance of trade and establish stronger cooperation frameworks in the years to come, and encouraging Turkish enterprises to engage more in investment and infrastructure development projects in Vietnam.

Vietnamese Prime Minister Pham Minh Chinh (R) shakes hands with Turkish Minister of Industry and Technology Fatih Kacir. Photo: Nhat Bac / Tuoi Tre

Vietnamese Prime Minister Pham Minh Chinh (R) shakes hands with Turkish Minister of Industry and Technology Fatih Kacir. Photo: Nhat Bac / Tuoi Tre

During his reception for Minister Kacir, the Vietnamese government leader affirmed that Vietnam wishes to beef up cooperation with Turkey in the national industrialization process and pledges support for Turkish enterprises in doing business in the Southeast Asian nation.

PM Chinh proposed the Turkish side mull over the possibility of making investment in and sharing its experience to operate hi-tech parks and industrial zones in Vietnam.

Minister Kacir stated that Turkey likes to bolster its cooperation with Vietnam in the fields of industry, hi-tech, automation, national defense, automobile manufacturing, and others.

According to his suggestions, Turkish electric carmakers and their Vietnamese partners should boost further cooperation. He said that it is a new yet highly potential sector.

He also suggested both sides continue completing legal frameworks to pave the way for the two countries’ cooperation activities in the upcoming period.

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