As of April 29, 2025, the Ministry of Economy, Trade, and Industry of Japan (METI) and the Ministry of Industry and Trade of the Socialist Republic of Vietnam signed a Memorandum of Cooperation (MOC) on the promotion of bilateral cooperation projects for energy transitions. [1] Both sides signed it, reaffirming the Asia Zero Emission Community (AZEC) principles, especially since it involves pursuing a common goal of net-zero or carbon-neutrality. This pathway addresses economic growth, energy security, and decarbonization simultaneously. Based on this, Japan and Vietnam will proceed with discussions that aim to promote the implementation of the projects for offshore wind, power grid development, decarbonization of industrial zones, and more.
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