Prime Minister Le Minh Hung proposed three key cooperation directions to address energy challenges and sustain supply chains while attending Asia Zero-Emission Community (AZEC) Plus online Summit on energy resilience, which was hosted on April 15 by Japanese Prime Minister Takaichi Sanae, amid ongoing tensions in the Middle East and blockade of the Strait of Hormuz.
PM Hung stressed that beyond diversifying energy supply, it is essential to build strategic trust, enhance cooperation and dialogue, and settle disputes through peaceful means in accordance with international law.
Vietnam has identified renewable energy development and green transition as a strategic priority, he affirmed, adding that with the committed support of the international community, Vietnam is striving to achieve net-zero emissions by 2050 and actively partaking in relevant regional and global initiatives.
He suggested that in the short term, countries should strengthen cooperation and policy coordination to diversify energy supplies, facilitate trade, and maintain stable and undisrupted supply chains, particularly for energy and food.
In the medium to long term, it is necessary to boost strategic self-reliance and resilience of economies through the development of synchronized energy infrastructure, improvement of strategic reserves, and promotion of technology transfer, the PM said.
PM Hung also underscored the need to expedite the effective and substantive implementation of cooperation projects under AZEC's framework based on the capacity and practical circumstances of each country.
He pledged that Vietnam is committed to engaging in proactive, meaningful, and close collaboration with Japan and other partners in effectively implementing AZEC's initiatives. Such endeavors will help us together foster a greener, more sustainable, and more prosperous future for present and future generations.
