THE 21ST NATIONAL CONFERENCE ON PROVINCIAL AFFAIRS: STRENGTHENING HIGH-QUALITY INVESTMENT ATTRACTION WITH THE AIM OF GREEN AND SUSTAINABLE DEVELOPMENT OF PROVINCES 📌 This afternoon, Marko Walde, Chief Representative of AHK in Vietnam, Myanmar, Cambodia, and Laos was honored to take part in the 21st National Conference on Provincial Affairs hosted by the Ministry of Foreign Affairs (MoFA) in Hanoi. The conference was the gathering point between diplomatic and economic organizations, as well as foreign business chambers and associations. 📌 Sharing in the panel discussion on international trends, experiences, and recommendations for Vietnam’s provinces in attracting high-quality investment, Marko Walde highlighted energy transition as one of the crucial components of Vietnam’s strategies to enthrall more German investors. Germany itself is the world's fourth-largest economy, as well as a leader in the energy transition, ranking 11th out of 120 countries on the Energy Transition Index 2023. Some remarkable achievements from this endeavor can be named such as: 🟢 Improved energy efficiency: Germany has invested in energy-efficient technologies and infrastructure, resulting in a 9% reduction in the energy intensity of its economy. 🟢 Increased share of renewables: Over 40% of Germany's electricity now comes from renewables, to reach 80% by 2030. 🟢 Phased out nuclear power: The last nuclear plant closed in April 2023. 🟢 Reduced Green greenhouse gas (GHG) emissions: Germany's carbon intensity has declined by 9%, though challenges remain in hard-to-abate sectors. 📌 On top of that, Germany and Vietnam have a strong and growing partnership in green development, with a focus on renewable energy, sustainable urban development, and climate change adaptation. Vietnam has suitable conditions and the willingness from not only the government but also businesses to develop green and sustainably. The most important criterion is now to create a supportive regulatory environment. The regulatory environment should be clear and predictable, and it should provide incentives for green investment. 🤝 Representing German business interests in Vietnam and bearing a strong commitment to being the bridge between the two economies, AHK Vietnam is grateful for the opportunity to share our points of view and expertise to support both German and Vietnamese businesses in various aspects. We extend our sincere thanks to MoFA for the invitation and the other panelists for the insightful discussion today! #AHKVietnam #PartnerInVietNam #PartnerForSuccess #InvestmentInVietnam
AHK Vietnam - Delegation of the German Industry and Commerce in Vietnam’s Post
More Relevant Posts
-
On January 10, 2024, the Italian parliament approved the Piano Mattei, named after energy innovator Enrico Mattei. It aims to strengthen Italy's ties with Africa, focusing on sustainable development and reducing dependence on Russian gas. The plan has drawn criticism but represents an ambitious attempt with potential lasting benefits for both sides. Read this article by Francesco Guala. Key aspects: 👉 What are the two main pillars of the Piano Mattei? 👉 How are people reacting to this policy? https://lnkd.in/e24eeigT #Global #Politics #International #relations #World #Italy #Africa #Sustainable #Development
-
🤝 U.S.-Angola Partnership in Energy and Infrastructure 🇺🇸🇦🇴 The recent visit of U.S. Secretary of State Anthony Blinken to Angola marks a significant milestone. His meeting with President João Lourenço and Foreign Minister Tete António in Luanda this January underscored a deepening commitment from Washington D.C. towards not just Angola, but the African continent's energy and economic sectors. 🌐 Bilateral Relations and Infrastructure Development The U.S. has been actively engaging in fostering robust bilateral relations, particularly in infrastructure and energy. The signing of the seven-side MoU in October 2023, including partners like the African Development Bank and the EU, for the Lobito Corridor project is a testament to this. This $500 million initiative, connecting the Copperbelt to the Atlantic Coast, is not just an infrastructure project. It's a bridge towards new economic frontiers, a pathway that promises to elevate the region's global trade and energy profile. 🌞 Renewable Energy and Environmental Commitments The U.S. Export-Import Bank's $900 million financing for Sun Africa’s solar project in Angola, producing 370 MW of renewable energy, illustrates the shift towards sustainable energy solutions. Furthermore, Angola's commitment to the Global Methane Pledge reflects a dedication to a greener future, aligning with global environmental goals. ✈️ Expanding Horizons in Transport and Digital Infrastructure The Open Skies Agreement, signed by U.S. Transportation Secretary Pete Buttigieg and Angola’s Minister of Transport Ricardo D’Abreu, along with investments in digital infrastructure like the Mobile Money is Better project, are strategic moves. These not only boost connectivity but also integrate Angola more deeply into the global economic fabric. 🌐 Partnership for Atlantic Cooperation and U.S. Foreign Policy Angola's role in the Partnership for Atlantic Cooperation highlights its strategic position in bridging diverse global regions. This aligns with President Biden's foreign policy, emphasising economic reform, prosperity, and energy security. #EnergyDevelopment #USAngolaPartnership #SustainableEnergy #GlobalCollaboration #EconomicGrowth
-
-
Singapore-Indonesia Leaders’ Retreat Strengthens Bilateral Cooperation, Emphasizes Renewable Energy Partnership Prime Minister Lee Hsien Loong of Singapore and President Joko Widodo of Indonesia convened for the Singapore-Indonesia Leaders’ Retreat in Bogor, Indonesia, marking their seventh and final meeting as leaders. The annual retreat, a testament to the enduring commitment to bilateral relations, resumed after a hiatus due to the COVID-19 pandemic. The Leaders celebrated the recent enactment of agreements under the Expanded Framework, including the Boundary Realignment Agreement, Treaty for Extradition of Fugitives, and Defence Cooperation Agreement, addressing longstanding issues and underscoring the spirit of cooperation between the two nations. Both leaders reaffirmed their dedication to implementing these agreements seamlessly. […] Read the full story here: https://lnkd.in/dzVbi_Ve #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #indonesia #renewableenergy #singapore #southeastasia
Singapore-Indonesia Leaders’ Retreat Strengthens Bilateral Cooperation, Emphasizes Renewable Energy Partnership
-
🇦🇱🤝🇩🇪 35 Years of Development Cooperation - German investments, essential for energy security in Albania! Since the 1990s, Albania has faced an increased consumption of electricity, particularly in urban areas. The population in cities has grown at rapid rates, along with the need for more domestic power. German investments have been essential for the energy security of families and businesses. Energy expert, Mr. Pirro Trebicka, emphasizes the importance of these projects for a sustainable future. Federal Ministry for Economic Cooperation and Development (BMZ) KfW Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH Ministria e Infrastrukturës dhe Energjisë #AlbaniaEnergy #EnergySecurity #DevelopmentCooperation #HistoricPartnership
-
China and Europe should expand cooperation in new energy and green industries, according to participants at a forum in Beijing. Despite rising protectionism and global uncertainties, the two regions should continue to promote bilateral relations and pragmatic cooperation in various fields. European companies are ahead in technologies such as wind power, hydrogen power, and carbon capture, while China has made great strides in green and low-carbon development. Collaboration in the green sector will not only drive technological innovation but also uphold economic multilateralism and free trade. #AsiaRisk #ShiftingGeopoliticalAlliances #China Follow us for daily updates on risk and operations in Asia! https://lnkd.in/gjgEC7pb
Forum stresses ties with Europe
chinadaily.com.cn
-
Singapore’s Foreign Minister Discusses Renewable Energy Collaboration During Visit To Philippines Singapore’s Minister for Foreign Affairs, Dr. Vivian Balakrishnan, embarked on a working visit to the Republic of the Philippines from April 15th to 18th, 2024. On April 16th, Minister Balakrishnan engaged in a series of meetings aimed at reinforcing the longstanding and amicable relations between the two nations. During his visit, Minister Balakrishnan held discussions with President Ferdinand Marcos Jr., wherein both parties reiterated the strong bonds between Singapore and the Philippines. They explored avenues for enhanced bilateral cooperation and exchanged views on regional developments. Minister Balakrishnan also met with Secretary of Foreign Affairs Enrique Manalo, where they discussed various […] Read the full story here: https://lnkd.in/djkz33HM #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #philippine #renewableenergy #singapore #solarenergy #southeastasia
Singapore’s Foreign Minister Discusses Renewable Energy Collaboration During Visit To Philippines
http://solarquarter.com
-
Dear friends, investors, and partners! 🇰🇿🇪🇺 The 12th meeting of the dialogue platform #Kazakhstan #European #Union with the participation of leaders of central government agencies and representatives of the diplomatic corps was held in Astana, chaired by Prime Minister Alikhan Smailov. 📈Expanding partnership with the European Union is one of Kazakhstan's priorities. ✨We are interested in utilizing opportunities for further expansion of trade, economic, and investment cooperation. 📌One of the promising areas of partnership is the #green #transition and strengthening of transport connectivity. 🤝Partnership in this field is already in action - recently, with the participation of the President of the Federal Republic of Germany, Frank-Walter Steinmeier, a major project by #Svevind company for the production of "green" hydrogen in the Mangystau region was launched. 🔹The Prime Minister also noted that the role of the Trans-Caspian International Transport Route is increasing in the field of transit and transport cooperation. 🔹Kazakstan is ready to work together with European partners to connect the Middle Corridor with the Trans-European Transport Network and the #Global #Gateway initiative. ❗️”In general, 🇰🇿and 🇪🇺 have a wide range of opportunities for further deepening partnership in the areas of green economy, transport, and logistics," Alikhan Smailov stressed. 📊In turn, the EU Ambassador to the Republic of Kazakhstan, Kęstutis Jankauskas noted that the relationship between the European Union and Kazakhstan is developing very dynamically. 🗯️”The European Union has repeatedly stated its commitment to transitioning to a zero-emission economy by 2050. 🔝We would also like to support Kazakhstan on this path through specific projects of our companies and banks," Kęstutis Jankauskas said. 🔹The participants of the meeting discussed in detail topical issues in the field of logistics and transport, including elimination of administrative and infrastructural barriers, RES development, transition to environmentally friendly fuels, and a number of others. 🔗https://lnkd.in/dyqfEFtS European Union in Kazakhstan SVEVIND Energy Group #Kazakhstan #EU #investment #developmentmanagement #growthstrategy
-
-
👉 Today, the CEO of Afrika-Verein, Mr Christoph Kannengießer, visited the Ambassador of the People's Democratic Republic of Algeria in Berlin, H.E. El Hadj Ali. The ambassador summarized the visit of Federal Minister Habeck to Algeria and the new plans for the expansion of German-Algerian cooperation in the field of #greenhydrogen and #renewableenergies. In addition, the two discussed joint projects and plans for 2024 and beyond in order to translate the momentum of German-Algerian cooperation into concrete projects. Africa-Verein wants to act as an important bridge builder for this cooperation. Algeria's ambition to cover up to 10% of Europe's future demand for green hydrogen and to become a pioneer in the production of renewable energies, as well as the human and capital resources available for this purpose, could make the North African country an even more important partner for Europe. In this context, Germany is setting new regional standards by signing a declaration of intent to further develop the energy partnership into a bilateral hydrogen partnership on this key geostrategic issue. Germany in particular, with its energy-intensive industry, is dependent on competitive and sustainable energy sources. In addition to the omnipresent energy sector, other sectors also offer growth potential in Algeria. The lifting of additional protective tariffs in the food sector at the end of 2023 has created a new incentive for international investment. The construction and mining sectors also offer opportunities to German companies for enhanced trade & investment. 🔎 Especially for SMEs, Afrika-Verein can be a pertinent partner in developing German-Algerian businesses.
-
