Research on China-Vietnam Green Power Cooperation under the Global Clean Energy Partnership
DOI:
https://doi.org/10.5281/zenodo.15187753Keywords:
China, Vietnam, Green Power CooperationAbstract
Electricity supply is the foundation of a country’s livelihood and industry, and a key area for the country’s economic and social development. The rapid economic growth of Vietnam requires matching power supply as a guarantee, and power supply shortage remains one of the urgent problems that Vietnam needs to solve. This provides an opportunity for China Vietnam to carry out green power cooperation. The power cooperation between China and Vietnam in the context of the global clean energy partnership has both historical foundations and practical considerations. The two countries have carried out effective cooperation in the field of green power. With the adjustment of Vietnam’s energy laws and policies, the Vietnamese government has increased investment in power infrastructure construction and relaxed restrictions on foreign investment, providing institutional guarantees for promoting more Chinese direct investment in Vietnam’s power sector. Chinese enterprises can focus on cooperation in green power fields such as hydro-power, geothermal power, wind power, and photovoltaic power. The cooperation methods can be expanded from power engineering contracting to power project investment, thereby strengthening green power cooperation with Vietnam in international competition and promoting Vietnam’s low-carbon energy transformation.
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