General Secretary To Lam delivers keynote policy address at P4G Summit

The Vietnamese Party chief made the above statement at the opening session of the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit in Ha Noi on April 16.

The Party leader highlighted Viet Nam's goals of becoming a developing country status with modern industry and upper-middle income by 2030, and a developed socialist nation with high income by 2045.

Building on the achievements gained over the past four decades of Doi Moi (renewal), Viet Nam's development path ahead will adhere to the principles of sustainability, inclusiveness, and harmony, To stressed.

He said that rapid growth must align with sustainability, balancing economic progress with cultural preservation, social equity, environmental protection, and climate adaptation. 

National development, he noted, must contribute to global peace, stability, and prosperity, with people at the core of all policies as both drivers and beneficiaries.

The General Secretary said Viet Nam is ramping up efforts to promote institutional reform and science and technology, innovation, and digital transformation. 

Regarding green growth, Viet Nam stands out as an ASEAN leader in renewable energy, accounting for two-thirds of the bloc's wind and solar power capacity. 

The country has also emerged as a model for sustainable green agriculture, notably one-million-hectare quality, low-emission rice cultivation project drawing attention and interest from international partners and organizations, he added.

The Party chief said Viet Nam is an active and responsible member of all major multilateral mechanisms and global initiatives on green growth and energy transition. The country has essentially established the necessary frameworks and mechanisms to support green growth, including national and energy master plans, sectoral development strategies, lists of key projects, and other documents to remove related obstacles.

"As a developing nation with a transitioning economy, Viet Nam faces significant challenges in financial resources, technology, human capital, climate resilience, and navigating global geopolitical changes," he said.

General Secretary To underscored that Viet Nam's development cannot be separated from global trends and human progress. The nation will continue with openness as well as proactive, comprehensive, and effective international integration.

Hosting the 4th P4G Summit reinforces the country's role as a good friend, reliable partner, and responsible member of the international community and the P4G initiative, he stated. It also reaffirms Viet Nam's commitment to sustainable development, energy transition, and its 2050 net-zero carbon emissions target. The summit serves to raise awareness of international cooperation and amplify the voice of developing countries in promoting green growth and sustainability.

The leader expressed confidence that the summit will generate fresh momentum to boost cooperation between P4G and its partners, foster collaboration between the Global North and Global South and between the public and private sectors in advancing green transition and green finance./.