Vietnam-Brazil: Strengthening Cooperation in Renewable Energy
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| Overview of the event. (Photo: Embassy of Vietnam in Brazil) |
In his opening remarks, Vietnamese Ambassador to Brazil Bui Van Nghi proposed four priority areas of cooperation between the two countries: developing renewable energy and biofuel technologies; promoting green and sustainable agriculture; enhancing green finance and carbon market connectivity; and strengthening cooperation in science and technology as well as the training of high-quality human resources.
In her presentation on Vietnam’s renewable energy market, Pham Hong Trang, Vietnam’s Trade Counselor in São Paulo, stated that Vietnam is entering a phase of large-scale renewable energy development with enormous investment demand in offshore wind power, solar power, biomass, energy storage systems, green hydrogen, and other clean fuels. She emphasized the complementary nature of the two economies, noting that Vietnam possesses a rapidly growing energy market, while Brazil has strengths in technology, management experience, and biofuel development, creating numerous opportunities for investment cooperation and technology transfer between businesses of the two countries.
At the seminar, Inácio Arruda, former Deputy Minister of Science, Technology and Innovation and Federal Deputy representing the state of Ceará, Brazil, described energy as the foundation of development and national sovereignty. He noted that Brazil has invested heavily in science, technology, and innovation to build one of the cleanest energy systems in the world. He stressed that the energy transition requires investment, technological innovation, and extensive international cooperation, while affirming that Vietnam and Brazil have significant potential to strengthen cooperation in energy, science, technology, and innovation toward a green, sustainable, and prosperous future for both countries.
During the discussion session, participants assessed that Vietnam and Brazil possess significant complementary potential in renewable energy, biofuels, green agriculture, environmental technologies, and climate finance. Many delegates proposed enhancing connections among government agencies, businesses, research institutes, and universities of the two countries in order to transform this potential into concrete cooperative projects in the coming period.
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