(Photo: EEAS Vietnam)

In a recent press conference for the Vietnam Industry 4.0 Summit 2023 (June 14 in Hanoi), Pier Giorgio Aliberti, Ambassador of the European Union (EU) to Vietnam, said that during the process of industrialization and modernization in European countries, there are many challenges to promote green transformation.

"For industrialization and modernization in latecomers like Vietnam, the countries can inherit better technologies and the ability to better leverage digital transformation to promote green transformation,” said the foreign Ambassador.

One of the most important things he raised is awareness of climate change and the risks from the greenhouse gas emissions. The commitment towards net-zero greenhouse gas emissions by 2050 at COP 26 shows the determination of Vietnam in its efforts to pursue green growth. Still, it is important to take the right action right from the very start of the transformation toward green economy.

The EU Ambassador said that Vietnam can apply digital solutions to make the transformation process more efficient and effective, while promoting environmental protection.

“It is important to utilize different tools to improve production efficiency. For example, using energy more efficiently in consumption through digital solutions,” said Pier.

He also said that since agriculture and forestry sectors are some of Vietnam's strength, the country can learn valuable lession from with the European Union's earth monitoring program called Copernicus.

“From satellites, we can observe forest cover and based on that, we limit deforestation. This is a key issue when you want to use forests and agriculture to promote development,” emphasized the Ambassador.

For the energy sector, Pier suggested that Vietnam needs a better and smarter transmission network to connect to renewable energy sources. This requires more investment capital, whom EU is a source of support to Vietnam through the Fair Energy Transition Partnership.

For example, increasing investment in renewable energy and storing electricity by batteries will help Vietnam increase the use of renewable energy through the transmission network.

“We understand these are also challenges, but EU is ready to work with Vietnam through a joint effort, to achieve the results we all want in limiting climate change and protecting the environment,” claimed the EU Ambassador.

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