November 20, 2019 | 09:48 (GMT+7)
Vietnam, Germany promote cooperation in green growth
PANO - In the recent negotiations in Hanoi, Germany and Vietnam decided to expand their cooperation in future-oriented fields such as vocational training, energy, and environment.
The information was announced by the German Embassy in Vietnam on November 18.
With the commitment of EUR 213.4 million, the German Federal Ministry for Economic Cooperation and Development (BMZ) will support Vietnam in the next two years to create a growth strategy for Vietnam that is friendly with the environment and society.
The cooperation focuses on an effective energy supply, market access to renewable energy, and the protection of coastal areas by replanting mangrove forests in the Mekong Delta and implementing sustainable forest economy models in Northern and Central regions of Vietnam.
In addition, the two sides also agreed to support sustainable rice cultivation in the Mekong Delta within the framework of the "Green Innovation Center" initiative.
Meanwhile, the Federal Ministry for the Environment, Nature Conservation, and Nuclear Safety (BMU) pledged EUR 30 million for the project under the International Climate Initiative on protecting biodiversity and climate in Vietnam. BMU also provided nearly EUR 11 million for a project to reduce plastic waste in the Mekong River.
Translated by Song Anh