The recent fourth Steering Committee meeting for the Energy Partnership Program between Vietnam and Denmark (DEPP3) marked a significant milestone in their collaboration. Co-chaired by Deputy Minister of Industry and Trade Nguyen Hoang Long and Danish Ambassador to Vietnam Nicolai Prytz, the meeting focused on reviewing achievements from 2024 and setting ambitious goals for 2025 and 2026, emphasizing Vietnam’s energy transition and Denmark’s pivotal role as a partner.
Key Takeaways
- Vietnam aims for double-digit economic growth while transitioning to a low-carbon energy pathway.
- The DEPP3 Program has three main components: Long-Term Energy Sector Planning, Renewable Energy Integration, and Low-Carbon Industrial Development.
- Significant achievements in 2024 include the launch of the Energy Outlook Report and pilot projects in energy efficiency.
- Future plans include completing pending tasks before the program concludes in March 2026.
Strengthening Energy Cooperation
In his opening remarks, Deputy Minister Nguyen Hoang Long praised Denmark’s contributions to Vietnam’s energy objectives. He highlighted the DEPP3 Program’s critical role in advancing renewable energy and energy efficiency, which are essential for Vietnam’s economic aspirations.
Danish Ambassador Nicolai Prytz echoed these sentiments, underscoring the importance of energy efficiency and commending the program’s positive outcomes under Vietnam’s leadership.
Key Achievements in 2024
The DEPP3 Program, funded by the Danish Government and overseen by Vietnam’s Ministry of Industry and Trade, has made notable progress in several areas:
- Long-Term Energy Sector Planning:
- Renewable Energy Integration:
- Low-Carbon Industrial Development:
Unfinished Tasks and Future Plans
Despite the substantial progress made, several activities remain incomplete and will be carried over into 2025. The meeting highlighted the importance of collaboration between Vietnam and Denmark, with both parties reaffirming their commitment to achieving the program’s goals.
The DEPP3 Program continues to be a cornerstone of Vietnam’s efforts to enhance energy efficiency, scale renewable energy, and foster sustainable development in the industrial sector. As the program approaches its conclusion in March 2026, the focus will remain on completing pending tasks and ensuring the successful implementation of the outlined goals.
