On June 18, in Hanoi, Vietnam Ministry of Industry and Trade and the Danish Ministry of Climate, Energy and Building signed a Memorandum of Understanding (MoU) on strengthening the mutual cooperation in the field of industry and renewable energy for energy conservation.
The MOU is in formulation at a time when governments around the world join hands to cooperate in order to improve energy efficiency and increase the use of renewable energy with an effort to mitigate climate change. Like other emerging economies, the energy demand is rapidly increasing to threaten the security of energy supply and to intensify the reliance on energy supplies from foreign sources.
Under this agreement, Denmark will support the preparation of an energy analysis, bringing a new strategy to the government of Vietnam. Accordingly, government agencies and research institutes of Vietnam will work with experts from Denmark to build a comprehensive model to serve the analysis and to optimize the energy system in Vietnam.
Speaking at the signing ceremony, Mr. Cao Quoc Hung, Deputy Minister of Industry and Trade said the Ministry has received support from the Danish Ministry of Climate, Energy and Building. This signed memorandum is to further promote the cooperation on energy efficiency between Vietnam and Denmark.
Danish Ambassador, H.E. John Nielsen confirmed that Vietnam and Denmark have a relationship in long-term cooperation on energy and climate change. He expresses his joy to be involved in collaborative activities between the two countries. Also, he hopes that Vietnam would implement policies on the sustainable use of renewable energy, energy efficiency and applied the newly introduced clean technology to promote a green economy.
Within the framework of the ceremony, it is the honoring for Commemorate Medal to be awarded to H.E. John Neilsen, Danish Ambassador for his outstanding dedication and contributions to the development of Vietnam Industrial and Trading sector.