The minutes were signed at the Roundtable Discussion connecting US businesses and Vietnamese localities organized by the Ministry of Planning and Investment at Marriott Union Square Hotel, San Francisco on November 15, 2023.
The Memorandum of Understanding notes that the parties commit to supporting Ho Chi Minh City in researching technologies and development roadmaps for low-emission renewable energy sources, net zero emissions, energy storage technology, and carbon capture and utilization technology.
Support relevant agencies and organizations in Ho Chi Minh City to promote low emission reduction, net emission of "0" in the construction materials production sector.
Developing green urban areas, ecological urban areas, green buildings, sustainable urbanization; Developing agriculture towards ecological agriculture, organic agriculture, low emissions, net emissions of “0”.
The Green Alliance also supports the city in developing strategies to reduce greenhouse gas emissions; identifying the causes of large emission generating areas/sectors.
Regarding cooperation in research, development, and integration of artificial intelligence (AI) solutions for the transportation sector, after signing the Memorandum of Understanding, the parties expect to propose to the city solutions on smart city traffic initiatives, deploying Artificial Intelligence (AI) and Internet of Things (IoT) technologies to improve traffic management, reduce congestion and reduce traffic emissions, carbon-reducing transportation solutions, optimizing traffic infrastructure, and proposing monitoring and emission reduction strategies for the city.
Also in San Francisco, the Green Alliance signed a Memorandum of Understanding to coordinate research and analysis on net emission reduction opportunities in Hung Yen province.
The parties acknowledged their commitment to support Hung Yen in achieving its green growth goals with objectives such as researching technologies and roadmaps for developing low-emission renewable energy sources, promoting emission reduction in the transport sector, developing agriculture towards ecological agriculture, organic agriculture, low emissions, protecting and restoring resources, developing natural ecosystems, etc.
The event is part of the 30th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting, which takes place over 6 days, with the theme "Creating a Resilient and Sustainable Future for All".
The 30th APEC Summit takes place in the context of the 30th anniversary of the first APEC Economic Leaders' Meeting in the United States (1993 - 2023) and marks the 25th anniversary of Vietnam's accession to APEC (1998).
Bao Anh
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