Ms. Vu Thi Quynh Hoa, National Director of Oxfam in Vietnam, at the workshop

The global trend of restructuring the energy industry towards renewable sources plays a vital role in achieving green growth and sustainable development, including in Vietnam. In light of this, Oxfam in Vietnam and partners organized the workshop "A Human Economy: Energy Transition for Sustainable Growth and People-Centered Development in Vietnam" on August 24th.

While highlighting the benefits and opportunities of this energy transition, experts also stressed the importance of assessing potential risks to marginalized communities, as well as considering the impact on labor structure and land use.

During the seminar, various solutions were proposed, including:

1. Monitoring the impact of energy transition on vulnerable groups and making timely adjustments to the roadmap, along with implementing social protection measures
2. Promoting "co-benefit" models such as solar-powered shrimp farms and biomass gasification for utilizing agricultural waste as energy
3. Implementing support policies for livelihoods of the poor and vulnerable, including vocational training and transformation programs for those affected by energy conversion projects
4. Encouraging production models that reduce emissions
5. Creating incentives for financial institutions, such as banks, to invest in businesses that prioritize social, environmental, and governance factors (ESG)
6. Promoting the integration of digitization, urbanization, and greening to achieve optimal energy efficiency and alleviate the pressure of energy transition

This workshop is part of the collaborative scientific research between the Vietnam Academy of Social Sciences, Ho Chi Minh National Academy of Politics, Central Economic Committee, and Oxfam in Vietnam under the theme of "Promoting the Human Economy in Vietnam." Several significant research topics have been undertaken, including inequality reduction, wealth tax measures, inclusive digital transformation, and inclusive business models.

More pictures of the workshop here: Flickr Oxfam

Overview of the seminar

Panelists include (from left to right) Dr. Nguyen Thang, former Director of Center for Analysis and Forecasting, Vietnam Academy of Social Sciences; Dr. Nguyen Hoang Nguyen, Deputy Director of Center for Strategic Information Analysis and Forecasting, Institute of Labor and Social Sciences, Ministry of Labour, Invalids and Social Affairs; Dr. Dang Duc Anh, Deputy Director of Central Institute for Economic Management, Ministry of Planning and Investment; Dr. Cao Le Quyen, Deputy Director of the Institute of Fisheries Economics and Planning, Ministry of Agriculture and Rural Development; and Dr. Nguyen Ngoc Huy, Expert on the environment and climate change.

A delegate raising questions at the seminar

Dr. Nguyen Thang - Former Director of the Center for Analysis and Forecasting, Academy of Social Sciences (VASS), representative of the research team presented the presentation.

Mr. Nguyen Duc Minh, Vice President of the Vietnam Academy of Social Sciences, made a speech at the opening of the workshop
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renewable energy human economy clean energy