Participants at the seminar "Vietnam-Japan cooperation towards green growth" in Hanoi on September 12. (Photo: VNA)In addition, he said Vietnamese farmers also have to adapt to newrequirements set by international markets with stiff competition while dealingwith the adverse effects of increasingly frequent natural disasters.
De said foreign investors, especially Japanese investors andbusinesses, could play an important role in addressing the above-mentionedissues.
Foreign firms, however, have long voiced their concerns over alack of support for green growth projects in the Southeast Asian country.
While praising the Vietnamese government's initiative to improveresource management efficiency and to develop a circular economy, KinoshitaTadahiro, Director-General of Sojitz Vietnam, President of the Japanese Chamberof Commerce and Industry in Vietnam, said power supply remains a key concernamong foreign companies.
He said some Japanese firms have reported power shortages inrecent months in the northern regions of Vietnam. A solution, which has beenput into practice by some firms, was to install solar power on the rooftops oftheir factories, which according to the firms, could help cut down carbonemissions at the same time.
However, many said large-scale investments in solar panels remainchallenging as they have yet to be allowed a license or connection to thenational grid and, therefore, are unable to sell their excess power.
Ellen Van, an investment director from Mekong Capital, advised thegovernment to provide additional support to foreign investors and businesses asthey are well-positioned to help create positive impacts on the environment,the economy and Vietnamese society.
Vuong Thi Minh Hieu, deputy head of the Department of IndustrialZones under the Ministry of Planning and Investment (MPI), said the Vietnamesegovernment's top priorities in the coming years include pushing for greateradministrative reforms to support businesses, Vietnamese and foreign; buildinggreen agriculture infrastructure, applying advanced technologies and improvinghuman resources./.
VNA
