To achieve this goal, the capital city is developing mechanisms and policies to encourage and support taxi companies in proactively converting their fleets.
Prime Minister Pham Minh Chinh has issued Directive No. 04/CT-TTg to accelerate the implementation of the scheme on development of urban areas in Vietnam in response to climate change in the 2021-2030 period.
With public financing insufficient, Vietnam requires more affordable capital than commercial loans for a fair energy transition.
Vietnamese Prime Minister Pham Minh Chinh stressed that Vietnam considers green growth, together with digital transformation, the two core factors of growth, and will not accept the ‘growing first, tidying up later’ model.
Like many countries around the world, Vietnam is transitioning from a linear economy to a circular one, with early steps already underway.
Vietnam is gradually turning forests into "natural carbon tanks", contributing to realizing the commitment to net zero emissions by 2050.
Developing renewable energy resources is expected to help Vietnam reach its target of carbon neutrality by 2050, according to insiders.

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