Vietnam’s ambitious net zero targets, and how it plans to meet them, were the focus of an Asia House discussion with Dang Hoang An, Vietnam’s Vice Minister for Industry and Trade, today (24 May).
Visiting London as part of JETCO talks, the Vice Minister briefed Asia House Corporate Members on the country’s energy transition master plan, which is generating an array of investment opportunities.
Vice Minister Dang was asked a range of questions during the off-the-record briefing, chaired by Asia House Chief Executive Michael Lawrence. Several questions focused on the master plan, including its key challenges, the energy sources for Vietnam’s transition, the investment models for businesses interested in investing in the country’s renewables push, and the potential reforms that could enable further financing.
The Vice Minister was also asked about the solar energy and electric vehicle sectors in Vietnam, potential tax reforms on consumer goods including beverages, and how Vietnam is developing infrastructure resilience in light of increasing climate risks.
The prospects for a UK-Vietnam free trade agreement were also discussed.
The briefing was convened exclusively for Asia House Corporate Members, who had an opportunity to engage with a key government figure in Vietnam – one of Asia’s best-performing economies, with the biggest renewable energy capacity in Southeast Asia.
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