[{"bbox": [96, 152, 1134, 367], "category": "Text", "text": "Rural Development (2021-2030) and the Master Plan for Development of Circular Economy in 2022, and subsequently updated its Nationally Determined Contribution (NDC), pledging to reduce greenhouse gas (GHG) emission by 15.8 % by 2030 compared to the business-as-usual scenario (unconditional contribution), and to further aim at 43.5 % reduction with support from the international community (conditional contribution). In December 2022, the government signed a political declaration with the International Partners Group⁷ led by the EU and the United Kingdom of Great Britain and Northern Ireland (UK) to establish the Just Energy Transition Partnership, which will mobilise at least USD 15.5 billion through a combination of appropriate financial instruments to support the needs of Viet Nam's just energy transition."}, {"bbox": [96, 377, 1134, 617], "category": "Text", "text": "While the ambitions of the above Vietnamese vision are high, implementation progress is slow. The business sector in the country is facing increasing challenges in demonstrating their compliance with environmental standards set by its major export markets, including the European's. The government of Viet Nam has expressed its strong interest in learning from the EU experiences and receiving EU's technical assistance to materialize its strategy objectives, particularly the development of a responsible, smart and circular economy. By leveraging circular and responsible economy practices alongside digital transition, Viet Nam can sustain its economic growth while reducing its environmental footprint. Team Europe has extensive knowledge and experience to share in this field and can build on its existing strong international cooperation to assist Viet Nam in key policy areas of the EU's Green Deal, the EU Circular Action Plan and the Global Gateway."}, {"bbox": [96, 627, 1134, 816], "category": "Text", "text": "This action will contribute to two priorities of the MIP 2021-2027, namely (i) climate-responsive digital circular economy and (ii) responsible entrepreneurship and enhanced skills for decent employment. It complements other on-going and upcoming supports to Viet Nam, notably the action promoting circular economy in the industrial sector, the action on Promoting inclusive Circular Economy in Viet Nam, the Decent Work Programme, the Technical and Vocational Training Programme, the SWITCH-Asia Programme, as well as the Integrated Sustainable Landscape Management (I-landscape), Smart Agro-ecological Transformation of Farming Systems towards Resilience and Sustainability (STAR-FARM) projects."}, {"bbox": [96, 826, 1134, 1014], "category": "Text", "text": "It will contribute to the Commission objectives and priorities, notably to the European Green Deal, the Global Gateway strategy, the EU Circular Economy Action Plan, and their related policies and strategies, including the zero deforestation regulation. The European Green Deal demands a transformational change to make the Europe the first climate neutral continent in the world by 2050. Most recently, the 'Fit for 55' legislation sets legally binding climate targets covering all key sectors of the economy. To ensure a level playing field for European companies, the Carbon Border Adjustment Mechanism requires that imported goods pay an equivalent carbon price on targeted sectors."}, {"bbox": [96, 1024, 1134, 1158], "category": "Text", "text": "The Global Gateway strategy is the EU's contribution to narrowing the global investment gap, supporting global economic recovery, and accompanying the twin green and digital transitions beyond European borders. Global Gateway covers both hard connectivity and the enabling environment, regulatory frameworks and norms and standards. It aims at boosting smart, clean and secure links in the digital, climate, energy and transport sectors, and to strengthen education, research and health systems across the world."}, {"bbox": [96, 1169, 1134, 1383], "category": "Text", "text": "The **EU's Farm to Fork Strategy** recognises the inextricable links between human health, plant health, animal health and eco-system health and seek to reduce dependency on pesticides and antimicrobials, reduce excess fertilisation, increase organic farming, improve animal welfare, and reverse biodiversity loss. Putting the food systems on a sustainable path brings new opportunities for operators in the food value chain. Additionally, the EU's Biodiversity Strategy underlines that the biodiversity conservation will need to be strengthened to ensure the provision of safe, sustainable, nutritious and affordable food. The Regulation on Deforestation-free products is aimed at reducing the EU's impact on global deforestation and forest degradation by promoting the production and consumption of 'deforestation-free' products."}, {"bbox": [96, 1393, 1134, 1526], "category": "Text", "text": "The **Green Deal Industrial Plan** puts the Europe's net-zero industry in the lead in the transition to climate neutrality. One of the four pillars of the Industrial Plan facilitates open and fair trade, strengthening global cooperation and making trade work for the green transition. It is built on the engagement with the EU partners, including through the network of Free Trade Agreements and other forms of cooperation to build supply chain resilience."}, {"bbox": [96, 1538, 1134, 1594], "category": "Text", "text": "The **EU's Circular Economy Action Plan 2020** puts the EU in the leading position to drive the global transition to a just, climate-neutral, resource efficiency and circular economy. Innovative models powered by digital"}, {"bbox": [85, 1628, 1145, 1679], "category": "Footnote", "text": "⁷ The International Partners Group consists of the EU, the UK, the United States of America, Japan, the Federal Republic of Germany, the Republic of France, the Italian Republic, Canada, the Kingdom of Denmark and the Kingdom of Norway"}, {"bbox": [1034, 1679, 1145, 1704], "category": "Page-footer", "text": "Page 6 of 26"}]