On April 15, at the invitation of Japanese Prime Minister Takaichi Sanae, Member of the Politburo, Prime Minister Le Minh Hung attended the expanded Asia Zero Emission Community (AZEC) online Summit on energy autonomy chaired by Japanese Prime Minister Takaichi Sanae.
The conference was attended by leaders from 15 countries, including 10 AZEC member countries including Japan, Australia, Brunei, Cambodia, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam; 5 guest countries are South Korea, Bangladesh, India, Sri Lanka, East Timor and leaders of the Asian Development Bank (ADB), International Energy Agency (IEA).
At the conference, Prime Minister Le Minh Hung said that the current energy crisis not only stems from short-term fluctuations but also reflects structural imbalances, along with increased strategic competition between countries, especially in accessing energy resources.
Prime Minister Le Minh Hung said that the fundamental solution is not only to diversify energy supplies but also to strengthen strategic trust, promote cooperation, dialogue, and resolve disputes through peaceful measures based on international law.
The Prime Minister affirmed that Vietnam is striving towards the goal of net zero emissions by 2050, identifying the development of renewable energy and green transition as a strategic priority.
The Prime Minister proposed 3 important cooperation orientations to solve energy problems and maintain the supply chain.
First, in the short term, countries need to strengthen cooperation and policy coordination to diversify energy supplies, facilitate trade and maintain stable and smooth supply chains, especially in energy and food.
Second, in the medium and long term, it is necessary to improve strategic autonomy and resilience of economies through the development of synchronous energy infrastructure, strengthening strategic reserves and promoting technology transfer.
Third, it is necessary to accelerate the effective and substantive implementation of cooperation projects within the AZEC framework, in accordance with the capacity and practical conditions of each country.
Prime Minister Le Minh Hung expressed his support for the initiative to upgrade AZEC to AZEC 2.0 and affirmed that Vietnam is committed to continuing to proactively and actively coordinate closely with Japan and partners in effectively implementing AZEC's initiative to jointly create a greener, more sustainable, and more prosperous future for today's and future generations.
