- Sweden reaffirmed support for Vietnam’s green energy transition, focusing on renewables, grid modernisation, and sustainable technology transfer.
- Both countries plan to host an event in December 2025 to foster partnerships, promote clean energy solutions, and ensure a just and inclusive transition to a sustainable future.
Sweden has reaffirmed its commitment to supporting Vietnam’s green and just energy transition, marking the beginning of a new phase of cooperation focused on clean energy technology, investment, and policy development.
The announcement followed a meeting between Vietnam’s Deputy Minister of Industry and Trade, Nguyen Hoang Long, and Sara Modig, State Secretary to the Swedish Minister for Climate and Enterprise. The discussions centred on Sweden’s readiness to help Vietnam achieve its net-zero goals through renewable energy expansion, grid modernisation, and sustainable technology transfer.
Both sides emphasised the need to develop a resilient, low-carbon economy that ensures energy security while fostering equitable growth. Sweden highlighted opportunities for collaboration in offshore wind power, smart grids, small modular reactors (SMRs), and the development of rare-earth resources.
Swedish companies, including Hitachi Energy Vietnam, Comsys, and Unipower, were identified as potential partners capable of providing advanced energy solutions to support Vietnam’s transition.
The officials also noted Vietnam’s robust economic growth, projected at around 8% GDP expansion in 2025, and reiterated the government’s commitment to sustainable development and green industrialisation.
To strengthen bilateral engagement, both countries announced plans for an event titled “Energy and the Digital World: Modernising Vietnam’s Power Infrastructure for a Sustainable Future” in December 2025. The event will bring together policymakers, technology providers, and businesses to exchange knowledge and foster partnerships for cleaner, more efficient energy systems.
The collaboration underscores Sweden’s long-term commitment to Vietnam’s energy transformation, aligning with the principles of a just transition to ensure that clean energy development benefits communities, safeguards livelihoods, and promotes inclusive growth.