Promoting Vietnam – UK cooperation in digital and green transformation

Head of the Central Economic Commission Tran Tuan Anh chaired the dialogue “Strengthening economic and trade cooperation between Vietnam and the UK in the context of Industry 4.0, Digital Transformation and Green Shift”. Photo: Dinh Thu/VNA reporter in the UK

According to the Vietnam News Agency correspondent in London, the above comment was made at the seminar “Strengthening economic and trade cooperation between Vietnam and the UK in the context of Industry Revolution 4.0, digital transformation and green transition” which was just recently held. held at the Vietnamese Embassy in the UK.

Taking place within the framework of a working visit to the UK from August 10-15 of the Communist Party of Vietnam delegation – led by Comrade Tran Tuan Anh, Politburo member, Head of the Central Economic Commission. led – the talk was chaired by Mr. Tran Tuan Anh with the participation of British politicians and British and Vietnamese businesses in the UK. The seminar focused on discussing Vietnam’s potentials and conditions in the field of argument transformation, clean energy transition as well as prospects, cooperation opportunities and recommendations and proposals to promote cooperation. cooperation between Vietnam and the UK in these areas.

At the talk, comrade Tran Tuan Anh emphasized the purpose of the delegation’s visit to further consolidate the Vietnam – UK strategic partnership, especially to promote opportunities to expand and strengthen cooperation between the two countries. bilateral cooperation, especially in the fields of economy, trade and investment. Comrade Tran Tuan Anh updated information about the current socio-economic development situation of Vietnam, especially the guidelines of our Party on major issues related to development goals and strategies. the country in the coming time following the guidelines of the 13th National Congress, which emphasizes strategic goals on digital transformation, digital economy, financial market development, services, energy transformation, development towards a fast, sustainable, inclusive, self-reliant economy and the implementation of Vietnam’s commitments made at the 26th Conference of the Parties to the United Nations Framework Convention on Climate Change. climate change (COP26), adaptation to the Industrial Revolution 4.0.

Comrade Tran Tuan Anh emphasized that the two countries have established solid relationship frameworks and have many similarities in terms of development goals, which is a very important foundation for further development of multilateral bilateral relations. effective in various fields, especially in areas where the UK has strengths and Vietnam is in demand, including green growth, technological innovation and digital transformation, emphasizing that this is an open opportunity. for both sides, practically meeting the common interests of each country.

Photo captions
Head of the Central Economic Commission Tran Tuan Anh chaired the dialogue “Strengthening economic and trade cooperation between Vietnam and the UK in the context of Industry 4.0, Digital Transformation and Green Shift”. Photo: Dinh Thu/VNA reporter in the UK

Overview of Vietnam’s digital transformation process, Deputy Minister of Information and Communications Phan Tam said that Vietnam has set a goal that digital will account for 20% of Gross Domestic Product (GDP) by 2025 and 30. % of GDP by 2030, focusing on sectors with large users and large socio-economic impacts such as health, education, agriculture, transport and logistics; energy associated with green transition; banking finance…

Deputy Minister Phan Tam also introduced favorable conditions for digital transformation in Vietnam with the average digital economic growth of about 30% per year and pointed out opportunities for cooperation and investment between the two countries. Vietnam and the UK in the field of digital transformation, including perfecting institutions to facilitate digital transformation, building digital government, developing digital infrastructure, digital transformation of small and medium enterprises; digital skills; invest, nurture start-up businesses, create…

At the talk, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan called on the UK to closely cooperate with Vietnam in investment, technology transfer, and support Vietnam to develop appropriate policies and management models. suitable to promote industrial development in the era of digital transformation and industrial revolution 4.0 and the transition to renewable energy sources, including wind power development.

Mr. Adrian Scholtz – Global Director of Energy Cooperation of KPMG – affirmed that Vietnam is a market in Southeast Asia that is highly appreciated by many British and European renewable energy developers, and Vietnam and the UK have many cooperation opportunities in the field of energy conversion, especially offshore wind power. Mr. Scholtz said that the UK can support and share experiences with Vietnam in developing long-term policies on energy transition, building offshore wind power infrastructure, and developing low-carbon energy. . He emphasized that building a legal basis for energy transition is especially important, which is the basis for attracting businesses to invest in large projects on offshore wind power and new renewable energies.

Mr. Will Cavendish – Global Digital Services Director of Arup Group, said that digital transformation plays an important role in the transition to a net-zero emissions economy and the potential for cooperation between Vietnam. and Britain in this field is very large. The UK is in the process of digital transformation, and has experience in formulating laws and regulations and approaches in this area, and Vietnam can learn from the UK’s experience. Mr. Cavendish said that digital transformation also creates new industries for the economy such as electric vehicle production, offshore wind power development – areas that the UK has experience in – and there are many opportunities for cooperation between the two sides.

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