Deputy PM: Vietnam ready to deepen ties with French Development Agency
Vietnam is ready to further deepen the traditional relationship and strategic partnership with France, especially with the French Development Agency (AFD), Deputy Prime Minister Tran Hong Ha told its CEO Rémy Rioux during a reception in Hanoi on February 17.
Hanoi (VNA) – Vietnam is ready to further deepen the traditionalrelationship and strategic partnership with France, especially with the FrenchDevelopment Agency (AFD), Deputy Prime Minister T🌠ran Hong Ha told its CEO RémyRioux during a reception in Hanoi on February 17.
DeputyPM Ha expressed his wish for AFD’s technical assistance to improve the legalenvironment for the transition to green economy, green investment and greenfinance. This includes developing a budget for climate change adaptation,building a carbon credit market, diversifying energy sources, achieving a sustainable energybalance, and fulfilling commitments to addressing climatechange, such as afforestation and greenhouse gas emission reduction.
Byjoining the Just Energy Transition Partnership (JETP) agreement with G7 andother developed countries, Vietnam demonstrates its high commitment andre♒sponsibility towards global issues, particularly in climate change response,he said.
Apartfrom helping Vietnam access modern technology for the development of green andrenewable energy, he highlighted the need to build a global financial mechanismto pool investment in practical and core research on a smart grid system,transportation and export of renewable energy, and the production of greenfuels. The host wished that in the near future, the support models and projects of AFD, which boasts 30-years of experience in working in Vietnam, would be cross-regional andcross-sectoral. AFD would partner with scientists and businesses to study andcommercialise renewable energy technology, produce green fuels and develop a smart grid system.
Accordingto him, Vietnam could become an example of a developing country thatsuccessfully carries out JETP with support in resources and its financialmechanism.
Rioux, for his part,said AFD has funded 84 projects with a total comm💟itment of over 2 billion EUR tohelp Vietnam adapt to climate change. During 2006-2022 alone, it disbursedabout 1.1 billion EUR for 30 development projects.
Aboutfunding for public projects within the JETP framework, he said AFP vows to add the social impact of the energy transition process, as well as support theanalysis of the Vietnamese Government's options when participating in thisagreement.
AFD also wants to cooperate with the StateBank of Vietnam (SBV) and State-owned commercial banks to increase support for theprivate sector, especially in the financial system, he said.
Accordingto him, the agency recently asked the SBV to build a comprehensive programme tosupport the transition of the financial system, similar to what has been implementedi🍌n Indonesia and Ind🌱ia to attract private investment for renewable energy development./.
The EU and the French Development Agency (AFD) signed several agreements on December 1 to fund a project on improving urban infrastructure to mitigate climate change impact in four coastal provinces in the north central Vietnam.
A concessional loan worth 70 million EUR (81 million USD) without government guarantee for the expanded Hoa Binh Hydropower Plant Project was inked on November 10 between the Vietnam Electricity (EVN) group and the French Development Agency (AFD).
The Vietnam Electricity Group (EVN) and the French Development Agency (AFD) on March 28 signed a credit agreement with a non-Government guaranteed loan worth 80 million EUR (87.8 million USD) to implement the southern Vietnam power distribution project invested by EVN’s Southern Power Corporation (EVN SPC).
Responding to climate change, reducing greenhouse gas emissions and adapting to climate change impacts are among priorities of the French Development Agency (AFD)’s cooperation priorities in Vietnam, AFD Executive Director Philippe Orliange has affirmed.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
Deputy Prime Minister Tran Hong Ha (Photo: VNA) 
