Before leading European investors, the Prime Minister affirmed that he would continue to improve the investment environment, reduce input costs for businesses, and encourage green economy, digital transformation and circular economy. Ensuring political stability, social order and safety, promoting public-private cooperation, diversifying supply chains, diversifying products and markets. Encourage innovation into emerging industries.

Prime Minister Pham Minh Chinh said that investing in Vietnam is not only for economic benefits but also for human development, for the Vietnam-Europe friendship. advanced technology, green and cheap capital", suitable to the socio-economic situation of Vietnam; support Vietnamese enterprises to develop on par with European enterprises. The Prime Minister emphasized the spirit of all parties winning, harmonizing benefits, sharing risks.

Mr. Virginijus Sinkevicius - High Commissioner of the European Commission for Environment, Oceans and Fisheries shared that Vietnam and the EU have a lot of "green" potential for development cooperation. The EU wishes to cooperate with Vietnam in combating climate change, reducing fossil energy consumption, reducing plastic waste, building a safe food chain, implementing a green agricultural practice strategy, and reducing the use of waste. Using pesticides, increasing forest area, using clean energy... Besides, there are cooperation activities to apply emission reduction solutions in production activities in the field of logistics and key export industries. resources of Vietnam such as textiles, footwear, wood, equipment and machinery, telephones.

The EU commits to accompany Vietnam to achieve the goal of reducing net emissions to zero by 2025.

Promote green export promotion

One of the important highlights of GEFE 2022 is the annual Vietnam Export Promotion Forum 2022 with the theme "Green Export Promotion" chaired by Minister of Industry and Trade Nguyen Hong Dien, with the participation of the Ministry of Industry and Trade. representatives of the World Bank, UNIDO, ITC, SIPPO, the EU Delegation in Vietnam... to exchange export promotion activities in the new context associated with the strong transformation to a green economy. circular, green growth, green development all over the world.

According to Minister Nguyen Hong Dien, over the past time, the Party and State have issued guidelines, guidelines, mechanisms and policies to encourage the development of a green economy, a circular economy and an environment-friendly economy. Many industries and businesses have actively grasped the green trend and made drastic changes in the production chain to meet the standards of green production, green and sustainable export, contributing to capacity improvement. competition and position of Vietnamese exports in the international market.

In addition, the comments presented at the Forum also pointed out the difficulties and challenges of the transition, green economic development and green export, especially the need to change the growth model, production methods, and so on. Capital production is mainly based on exploitation of natural resources to a model of green consumption, green living and sustainable development.

In particular, investing in green transition will be a challenge for the business community, requiring large investment capital and high technology. The initial cost of green consumption will also be higher than the general level of society; However, in the long term and overall, it will bring greater efficiency and benefits to all people and businesses.

The Ministry of Industry and Trade will coordinate with relevant ministries and branches to continue to fully synthesize recommendations and proposals of localities, associations, businesses and recommendations of international trade promotion organizations to focus on resolve issues according to their competence or report to the Government, the Prime Minister to consider and direct the settlement of issues beyond the competence of the Ministry, especially in the work of building and perfecting institutions, mechanisms and policies. on trade promotion, import and export meeting green standards, creating conditions to promote green export transformation.

At the same time, continue to direct overseas Vietnamese trade agencies to closely follow and monitor newly issued regulations and policies of the host country, especially new regulations on green standards for goods. import as well as update market information, promptly advise policies and recommend, guide localities, business associations, construction industry, adjust strategies, plans and production methods. export and business, adapt to new development conditions, meet the increasing demands and standards of customers to develop markets and promote exports.

Thao Chi