Green Strategic Partnership has opened up a new chapter in Vietnam-Denmark ties: Prime Minister Pham Minh Chinh holds online talks with Danish Prime Minister Mette Frederiksen on November 1, 2023. ( Photo: VNA)

According to the Ambassador, the establishment of the GSP represents a substantive development step in the traditional relationship between the two countries, and also a long-term and high-priority content in Vietnam's socio-economic development strategy to 2030, with a vision to 2045.

Ambassador Nghi said the initiative shows that Denmark recognises and values the increasing role of Vietnam in global cooperation related to green transformation and sustainable development. To date, Vietnam is one of the five countries with which Denmark has established a GSP, besides India, the Republic of Korea, South Africa and Australia.

In addition, engaging in a GSP with a leading country in green transformation like Denmark will also contribute to enhancing Vietnam's position and image as well as demonstrate its commitments to implementing the Sustainable Development Goals (SDGs).

Ambassador Nghi noted that Denmark is one of the world's leading countries in green transition, having both technology, experience in management and building institutions and policies, and capital and investment resources to promote international cooperation on green transition and sustainable development.

The Ambassador also believed that establishing a new framework for cooperation related to green transition and sustainable development between the two countries will have positive spillover value, not only opening up many new opportunities for businesses of Denmark to continue to have green investment projects in Vietnam but also encourage other foreign businesses to establish and expand investment, business, and production in Vietnam.

Ambassador Nghi acknowledged that based on the new relationship framework, prospects for cooperation between the two countries are huge, especially in green transition, digital transformation, renewable energy development, high-tech agriculture, green health, economic development, circular economy which are strategic areas for Vietnam's future development.