Vietnam and Norway aim to strengthen cooperation link bet88 the green economy

The Norwegian Embassy link bet88 Vietnam celebrated the 211th anniversary of Norwegian Constitution Day (May 17, 1814 - May 17, 2025) link bet88 Hanoi on May 16.

On this occasion, Norwegian Ambassador to Vietnam H.E Hilde Solbakken and Vietnam's Deputy Minister of Foreign Affairs Le Thi Thu Hang shared their insights into the Vietnam - Norway relationship and the potential for bilateral cooperation, especially link bet88 areas related to the green economy and circular economy.

Specifically, H.E Hilde Solbakken emphasized that Norway highly values the close cooperation between the two countries link bet88 jointly seeking solutions to overcome global challenges, including climate change and ocean protection.

link bet88 particular, Vietnam and Norway are working together to accelerate the green energy transition and enhance cooperation link bet88 green maritime.

Vietnam is currently Norway’s second-largest trading partner link bet88 ASEAN (after Singapore), with two-way trade turnover reaching over 0 million link bet88 2024. link bet88 which, Norwegian seafood exports to Vietnam alone exceeded 0 million, up 16 per cent compared to 2023.

Currently, Norway has 60 FDI projects link bet88 Vietnam with total registered capital exceeding 0 million, ranking 40th among countries and territories investing link bet88 Vietnam.

According to the Ambassador, cooperation to promote a green and circular economy between the two countries are yielding positive signs, particularly link bet88 improving waste management, sustainable marine aquaculture, renewable energy. Therefore, the two countries should further cooperation link bet88 these sector link bet88 the coming times.

H.E Hilde Solbakken also stressed that both Norway and Vietnam are open economies that rely heavily on trade.

Therefore, she expressed hope that negotiations on the Free Trade Agreement (FTA) between Vietnam and the European Free Trade Association (EFTA) (including Switzerland, Norway, Iceland, and Liechtenstein) would make significant progress this year to further boost trade between the two countries.

“link bet88 a world facing many challenges, it is more important than ever to cherish and uphold strong and growing relationships like the one between Norway and Vietnam. We place special importance on our close and long-standing ties with Vietnam and remain optimistic about the future of our cooperation,” H.E Hilde Solbakken emphasized.

On the similar mind, Deputy Minister of Foreign Affairs Le Thi Thu Hang also affirmed that the relationship between Vietnam and Norway has been developing very well and has achieved many positive results, especially link bet88 green economy.

Many Norwegian companies have played an active role link bet88 bilateral cooperation, particularly link bet88 the fields of renewable and green marine.

link bet88 order to promote the great potential, the Deputy Minister said that the two countries are actively coordinating to build a new framework for cooperation link bet88 the field of sustainable marine economy and renewable energy, supporting Vietnam link bet88 implementing the Joint Energy Transition Partnership (JETP)with the group of international partners, including Norway.

The Deputy Minister also expressed hope that more Vietnamese businesses would boost their investment link bet88 Norway link bet88 the coming time.