PM seeks Standard Chartered's support for Vietnam’s climate change commitment
Prime Minister Pham Minh Chinh and Group Chief Executive of Standard Chartered Bill Winters co-chaired an event on raising finance to implement Vietnam’s commitment to climate change in Dubai, the UAE, on December 1 (local time).
PM Pham Minh Chinh (R) and Group Chief Executive of Standard Chartered Bill Winters. (Photo: VNA)
Dubai (VNA) - Prime MinisterPham Minh Chinh and Group Chief Executive of 🧔Standard Chartered Bill Winters co-chaired anevent on raising finance to implement Vietnam’s commitment to climate change in Dubai, the UAE, onDecember 1 (local time).
Speaking at the event, which took place on the sidelines of COP28, PM Chinh said at the 26th United Nations Climate Change Conference of the Parties (COP26), participatingcountries jointly committed to achieving net-zero emissions, energy transition,reducing methane emissions, protecting forests, and enhancing community andenvironmental resilience. With commitments at COP26, Vietnam and international partners adoptedthe Political Declaration on establishing the Just Energy TransitionPartnership (JETP), with the goal and actions to implement green transition, he said. The PM suggested organisations and businesses establish new visions,adopt new thinking, show greater determination and take more drastic actions toaccompany the Vietnamese Government in achieving the climate change response goals. They were urged to continue assisting Vietnam in perfectingmechanisms and institutions, financial resources, technology, management experienceand human resources to realise its desire for open policies and mechanisms, smoothinfrastructure, and smart governance to help Vietnam in transition togreen energy and achieving net-zero emissions by 2050. Winters,for his part, expressed strong support for Vietnam's commitments, steps andactions in the green transition process towards net-zero emissions by 2050. Hesaid Standard Chartered will increase support for Vietnam in raising funds,attracting green financial resources, and promoting green growth in line withthe commitments made at COP26. The bank also aims to contribute to Vietnam'sdevelopment, including the establishment of a green capital market and carboncredit market. Onthis occasion, PM Chinh and representatives of Vietnamese ministries, agenciesand international organisations witnessed the exchange of nine cooperationagreements between ministries, agencies, organisations and businesses on supporting Vietnam's green development.
PM Pham Minh Chinh and delegates at COP28 (Photo: VNA)
At an earlier reception for Winters and other leaders of thebank, PM Chinh wished that thelender would continueassisting Vietnam with preferential financial sources to promote green growth,digital transformation and sustainable energy transition. He also encouragedinvestments in strategic infrastructure, including digital and greeninfrastructure, and key infrastructure projects. Vietnamwill continue creating favourable conditions for Standard Chartered to maintainand expand its operations in the country, in the spirit of “harmonisinginterests and sharing risks”, he said./.
Prime Minister Pham Minh Chinh, his spouse, and a high-ranking delegation of Vietnam left Hanoi on November 28 afternoon to attend the 28th UN Climate Change Conference of the Parties (COP28) and have several bilateral activities in the United Arab Emirates (UAE) and pay an official visit to Turkey from November 29 to December 3.
Vietnam is set to participate in important initiatives at the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC), held in the UAE from November 30 to December 12, said Deputy Minister of Natural Resources and Environment Le Cong Thanh.
Public opinion in the region and the world highly values Vietnam's commitments to climate change actions, especially the fact that Vietnam is among the few developing countries to announce the commitment to cutting net emissions to zero by 2050 and eliminating coal-fired power in the 2030-2040 period, Vietnamese Ambassador to the UAE Nguyen Manh Tuan.
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.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
PM Pham Minh Chinh (R) and Group Chief Executive of Standard Chartered Bill Winters. (Photo: VNA) 
PM Pham Minh Chinh and delegates at COP28 (Photo: VNA) 
