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Viet Nam calls for more investment in green economy, digital economy at World Government Summit

VGP - Deputy Foreign Minister Pham Quang Hieu suggested international partners and investment funds invest in areas of Viet Nam’s priorities such as green economy and digital economy.

February 17, 2023 3:09 PM GMT+7
Viet Nam calls for more investment in green economy, digital economy at World Government Summit - Ảnh 1.

Deputy Foreign Minister Pham Quang Hieu co-chairs the political consultation with UAE's counterpart Saeed Mubarak Al-Hajeri, Dubai, the UAE, Feburary 15, 2023 - Photo: The Ministry of Foreign Affairs

Pham made that above statement while attending the World Government Summit (WGS) 2023 which took place in Dubai, the United Arab Emirates (UAE) from February 13-15. 

Speaking at the event, the Vietnamese diplomat underlined that Viet Nam is making efforts in achieving the net zero emission target by 2050 and gives priority to enhancing economic transformation based on science technology and innovation. 

The nation has issued the National Digital Transformation Program by 2025, with an orientation towards 2030 and focused on training to meet the demands of a digital society, he added. 

The summit attracted the participation of 10,000 delegations, including 20 heads of state and government from Egypt, Paraguay, Georgia, Serbia, Rwanda, Kuwait and Tunisia and leaders from international organizations. 

In his remarks delivered at the summit, Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala stated that Viet Nam is an important link in the process of restructuring supply chains in the region and the world.

*On the sidelines of the WGS, Pham met Deputy Prime Minister and Foreign Minister of Turkmenistan Raşit Meredow, and Foreign Minister of Maldives Abdulla Shahid.

He recommended these countries continue close coordination with Viet Nam at international forums and organizations and foster collaboration in prioritized areas including trade, tourism, investment, climate change adaption, transport and aviation.   

* During the Deputy Foreign Minister's visit to the UAE, he co-chaired the political consultation with UAE's counterpart Saeed Mubarak Al-Hajeri, and had a meeting with UAE Minister of State for Foreign Trade Thani Al Zeyoudi. 

The bilateral trade value hit US$8.8 billion in 2022, up over 35 percent from the previous year, making the UAE the largest trade partner of Viet Nam in the Middle East.

Both sides pledged to join hands in implementing political-diplomatic, economic and cultural activities in 2023 to celebrate the 30th anniversary of the bilateral diplomatic ties. 

The stressed the need to promote delegation exchanges, support each other at international and regional forums, and accelerate the establishment of the Viet Nam-UAE business council. 

They vowed to improve the cooperation efficiency in fields of investment, oil and gas, energy, tourism and logistics and facilitate the entry of Vietnamese commodities, particularly farm products, to the UAE./.