4th High-level Meeting of The Viet Nam Energy Partnership Group (VEPG)
Together, Delivering Sustainable Energy Transition in Viet Nam!
On January 24, 2022, the 4th High-Level Meeting of the Viet Nam Energy Partnership Group (VEPG) took place. The meeting was chaired by H.E. Dang Hoang An, Vice Minister of the Ministry of Industry and Trade, and co-chaired by H.E. Giorgio Aliberti, Ambassador of the European Union to Viet Nam, and Ms. Carolyn Turk, Country Director of the World Bank in Viet Nam. The event attracted the participation of more than 150 delegates representing a broad range of energy sector stakeholders, such as ministries, sectoral and central agencies, ambassies, development partners, academia, NGOs, as well as private enterprises operating in the energy sector.
This year’s High-Level Meeting looked back at the achievements and positive contributions of the VEPG over the last 4 years of operation as a high-level policy dialogue platform connecting the Government of Viet Nam with development partners and stakeholders to promote the development of Viet Nam’s energy sector. An important highlight was the introduction of the five new technical working groups including: Power Sector Strategic Planning, Renewable Energy, Grid Integration and Grid Infrastructure, Energy Efficiency, and Energy Market.
H.E Dang Hoang An, Vice Minister of the Ministry of Industry and Trade (MOIT) affirmed VEPG’s role: “Over the years, the Viet Nam Energy Partnership Group has fulfilled its role as a high-level policy dialogue forum between the Government of Viet Nam and international partners, connecting international support to promote the development of the renewable energy market in Viet Nam. By cooperating with ministries, departments, sectors and local and foreign partners, the VEPG will support the government in developing even stronger measures to reduce greenhouse gas emissions to achieve net-zero emissions by 2050.”
H.E. Giorgio Aliberti, Ambassador of the European Union to Viet Nam, added: “Viet Nam’s commitment to embarking on an energy transition towards a cleaner, greener energy mix and more efficient use of energy is an important contribution, not only to the sustainable development of its economy but also to the global fight against climate change. The EU will continue to provide financial support for the operation of the VEPG and will work with MOIT on a roadmap for the long-term financial sustainability of the partnership, including strategies to raise additional, public, private and development partners funds to sustain its operations. I am confident that the new structure of the VEPG will continue to provide a useful and unique platform to coordinate dialogue, concrete actions and inputs to fulfil Viet Nam’s vision of its energy transition.”
Ms. Carolyn Turk, Country Director of the World Bank in Viet Nam, also shared: “Over the past few decades, the energy sector has played a fundamental role in driving Viet Nam’s rapid and inclusive economic growth. In the coming decade, the energy sector needs to use less carbon – fossil fuel consumption that generates the largest amounts of greenhouse gas emissions among all sectors need to be drastically reduced. To achieve these goals, the World Bank looks forward to continuing our support for the Government of Viet Nam in expanding the energy sector in a greener, more sustainable way.”
The Viet Nam Energy Partnership Group (VEPG) was established in June 2017 in an agreement between the Government of Viet Nam and Development Partners with the purpose of strengthening mutual partnerships and better aligning and coordinating external support to the Energy Sector in Viet Nam. The VEPG is chaired by the Ministry of Industry and Trade (MOIT) and Co-Chaired by the Delegation of the European Union to Viet Nam and the World Bank (WB).
A documentation of the VEPG High-level Meeting with all inputs and presentations is available for download below.