JETP backs Vietnam’s net-zero target by 2050: Deputy Minister

Hanoi, September 19 (VNA) – The Just Energy Transition Partnership (JETP) will help Vietnam and many other developing countries realise their net-zero emissions targets by 2050, and shift to the use of clean energy, Deputy Minister of Industry and Trade Nguyen Hoang Long said at a working session with Norwegian Ambassador to Vietnam Hilde Solbakken in Hanoi on September 18.

Long said, to effectively carrying out the JETP, the Ministry of Industry and Trade established eight working groups focusing on developing offshore wind power, renewable energy centre, and smart power grid, providing training to improve energy transition capacity, and developing green hydrogen, among others. The groups have contributed initiatives to implementing National Power Development Plan VIII, as well as bolstering the development of renewable energy in Vietnam, he said.

Regarding Norway’s energy investment projects in Vietnam, the official said as the projects are under the development plan, they will enjoy preferences and support from JETP’s partners, adding the ministry stands ready to join hands with the embassy and localities to accompany Norwegian enterprises.

He highlighted the close Vietnam – Norway relations, and expressed his belief that Norway, which boasts strengths in key industrial sectors, will assist Vietnam in developing its economy and energy sector.

Solbakken, for her part, spoke highly of the ministry’s programmes and actions in implementing the JETP, saying the establishment of the working groups is a vivid demonstration for its resolve in energy transition.

The ambassador affirmed that supporting Vietnam in the process is among the priorities of Norway as a partner of the JETP./.