The German Ministry for Economic Cooperation and Development (BMZ) will provide funding totaling up to EUR 161.45 million for the next two years, for this purpose.
The negotiations saw the presence of Luu Quang Khanh, Director General of the Foreign Economic Relations Department of the Vietnamese Ministry of Planning and Investment (MPI) and Gisela Hammerschmidt, Director of the Directorate Asia of the German BMZ. Both sides highlighted the long-standing and good relations between the two countries and spoke of the common goals and international commitments regarding the achievement of the sustainable development goals and the implementation of the Paris Agreement on Climate Change.
During a meeting of the Vietnamese Delegation with the Parliamentary State Secretary of BMZ, Hans-Joachim Fuchtel, the conversation centred around the topic of technical and vocational education and training (TVET). The Parliamentary State Secretary stressed: “Vocational Training is an investment in the most valuable resource of a country – its people.” In the joint programme reform of technical and vocational education and training, the cooperation with the business sector, the support for “Green TVET” and the development of a basic module on occupational health and safety, are important priorities for future cooperation.
In the prioritised areas of energy and environment, Germany supports projects such as, energy efficiency in urban grids, renewable energy, the Mekong Delta climate resilience programme and rehabilitation and sustainable management of forested areas in Central and Northern Vietnam. In addition, Germany supports the Vietnamese government in the implementation of the national green growth strategy and in strengthening the legal development capacity of the office of the government.
Vietnam is an important partner country for the German Development Cooperation. The key frame of reference for the cooperation is Vietnam’s national green growth strategy.