09:54 | 06/11/2015 Industry
A forum on energy partnership between Vietnam and the US took place in Washington DC on November 3.
Participants at the forum (Source: VNA)
Representatives from relevant US agencies, 40 US enterprises and 12 Vietnamese firms participated in the event. Their discussion revolved around capital sources and technological solutions for energy development.
A range of latest technologies applied in tidal power, energy-saving measures for buildings, and the smart battery system were presented.
Addressing the forum, Vietnamese Ambassador to the US Pham Quang Vinh said the two governments have worked closely at several forums concerning environmental issues and green energy, including APEC, EAS, and Mekong sub-region.
Giant US companies, such as Exxon Mobil, Murphy Oil, General Electric, and Westinghouse, are active in doing business in Vietnam, while US agencies, including the US Trade and Development Agency (USTDA) and the Overseas Private Investment Corporation (OPIC), have aided Vietnam in carrying out several energy projects.
Vinh urged US energy companies to assist Vietnam in expanding and modernising energy infrastructure, particularly amid favourable conditions created by the implementation of the Trans-Pacific Partnership, of which both nations are members.
Officials from the US Departments of State and Energy, and the USTDA acknowledged collaborative potentials in the field with Vietnam.
The US Department of Energy considers Vietnam an important partner in the fields of energy and sustainable growth at global forums, they said.
The USTDA said it has thus far sponsored 80 projects on developing infrastructure, persifying energy sources and improving electricity distribution in Vietnam.
The forum was co-organised by the Vietnam Embassy and the Business Association of Overseas Vietnamese in the US./.