The partnership will be aimed at facilitating collaboration between both the governments, and people and businesses on both sides in sustainable development, she told the Vietnam-Denmark Business Forum in Copenhagen.

Denmark will earmark at least $1 billion for developing countries, including Vietnam—one of its priority partners, helping them respond to climate change from 2023, according to Danish state secretary for trade and global sustainability Lina Hansen, who recently said Denmark hopes Denmark and Vietnam will establish a green strategic partnership.

The business forum, held by the Vietnamese Embassy in Denmark in coordination with host agencies as part of the activities marking 77th National Day of Vietnam on September 2 and the 55th anniversary of the bilateral diplomatic ties, brought together more than 100 representatives from major Vietnamese and Danish companies, groups and investment funds.

Vietnam’s ambassador to Denmark Luong Thanh Nghi briefed the participants on Vietnam’s green growth strategy for 2021-2030 with a vision towards 2030, and reiterated the government’s resolve and commitment to reducing greenhouse gas emissions, reaching the target of net zero emissions by 2050, according to Vietnamese media reports.

Vietnam hopes to cooperate with friends and partners, especially the countries leading in green growth and having experience in energy transition like Denmark, he added.

Fibre2Fashion News Desk (DS)