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Green economic development crucial to FDI attraction

by VTV410 June 2022 Last updated at 11:00 AM

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VTV.vn - Vietnam made a commitment to net zero emissions through the Net Zero by 2050, at the 2021 United Nations Climate Change Conference (COP26).

This has created a momentum for the country to move towards developing a green economy. Many see Vietnam as an attractive investment destination, but it still needs to prioritize green and low-carbon economic development. Doing so will help attract more foreign direct investment (FDI).

More FDI enterprises have announced their green investment in Vietnam. Singapore Electricity Group commits to invest 540 million USD in Vietnam by 2025. Danish Orsted Group will invest up to 13.6 billion USD in an offshore wind farm in Hai Phong city.