Prime Minister meets with WEF President and HSBC Chief Executive
Separate meetings took place on the sidelines of COP28 in Dubai on December 2.
Prime Minister Pham Minh Chinh met with President of World Economic Forum (WEF) Borge Brende on the sidelines of the 28th UN Climate Change Conference (COP28) in Dubai, the UAE, on December 2, according to a report from the Government News.
The WEF President congratulated Vietnam on its positive economic achievements amid global economic slowdown, adding that a recent survey showed Vietnam is one of the world's leading economies in attracting foreign direct investment, along with India and Mexico.
He said that the WEF has coordinated with the Ho Chi Minh City People's Committee to prepare for the construction of the 4th Industrial Revolution Center which will be part of WEF's global network.
According to Mr. Brende, the WEF and the Ministry of Natural Resources and Environment have discussed ways to foster cooperation in public-private partnership, science and technology, deal with plastic waste, and formulate policies to realize Vietnam's climate commitments at the COP26.
Prime Minister Chinh hailed WEF for accompanying and supporting Vietnam during the past time.
He said that Vietnam appreciates the theme that WEF has chosen for the upcoming WEF Davos 2024, adding that the Vietnamese side will consider and soon respond to the invitation to attend.
On the same day, Prime Minister Pham Minh Chinh also met with HSBC Chief Executive Noel Paul Quinn.
During the meeting, the Prime Minister highly appreciated HSBC's investment in Vietnam and participation in Vietnam’s programs to promote economic development, especially the bank’s actions to realize its commitment to green growth and sustainable growth in the country.
The Vietnamese government leader asked HSBC to continue to arrange and disburse capital to finance sustainable development and green transformation in Vietnam with the most preferential interest rates possible, especially in agricultural economic development, digital transformation, and strategic infrastructure development.
Mr. Quinn, for his part, expressed impression with Vietnam's commitments and efforts in emission reduction, energy transition, and climate change responses.
He noted that Vietnam’s Resource Mobilization Plan for the Just Energy Transition Partnership (JETP) that Prime Minister Pham Minh Chinh just announced at COP28 shows a long-term vision and is very suitable for the HSBC's strategic direction.
HSBC will actively support this plan, through lending capital to renewable energy projects, as well as through FDI capital flows, the HSBC Chief Executive said.
