HANOI, September 27 – The U.S. Department of State, Vietnam’s Posts and Telecommunications Institute of Technology (PTIT), VMO Holdings Technology Joint Stock Company (VMO), signed a memorandum of understanding (MOU) and launched Coalition for Climate Entrepreneurship (CCE Hub) on September 27, 2023. With the signing and launching ceremony of the CCE Hub, the Parties agreed to work together to promote startup activities in the field of climate change through the use of startup resources, exploiting technology, to thereby minimizing climate change and increasing economic growth with clean energy sources. Along with representatives of the signees, the event was also attended and witnessed by representatives of leaders of the Ministry of Information and Communications, Ministry of Education and Training, Ministry of Science and Technology, Ministry of Natural Resources Environment, National Innovation Center and businesses in the field of IC Design.
Dorothy McAuliffe, Special Representative for Global Partnerships in the United States Department of State said, “The U.S. State Department, along with our hosting and implementing partners, are prepared to use this hub in the coming years to identify sustainability-focused entrepreneurs, convene them here in this space, and equip them with the tools and resources they need to scale climate solutions to market. We are confident this hub will build upon the momentum of the Comprehensive Strategic Partnership issued between Vietnam and the United States during President Biden’s recent visit as we work together to address the climate crisis.”
CCE Hub, located at PTIT, is a dedicated innovation space designed to provide community space for founders and startups. The hub’s goal is to facilitate the creation of market-viable businesses that pioneer emerging sustainable solutions or innovate existing solutions, focusing on sustainability, which is clean energy, sustainable agriculture, climate finance, climate resilience and adaptation, and recovery projects.
Sharing about CEE Hub, Associate Professor, Dr. Tran Quang Anh – Deputy Director of PTIT, hopes that “CCE Hub will create a dedicated creative space designed for creators and startups, focuses on sustainable research areas such as clean energy, sustainable agriculture, climate finance, climate resilience and resilience and resilience projects. As the CEE Hub management unit in Vietnam, PTIT &VMO will strive to be a bridge between the business community and make practical contributions to the sustainable development of the environment and Climate change and community benefits.”
In recognition of the important role entrepreneurship plays in addressing climate change, the U.S. Department of state launched the Coalition for Climate Entrepreneurship (CCE) at COP26 in Glasgow as a public- private partnership between the U.S. Department of State and private sector partners. CCE aims to address the climate crisis and contribute to economic empowerment in developing countries by nurturing entrepreneurship focused on climate solutions. By offering support through capital, capacity building, technical assistance, access to mentorship, and network building in the early and growth stages, the U.S. Department of State and its partners can help climate change entrepreneurs engage relevant stakeholders, refine their designs, demonstrate success in the market, and then deploy effective technologies and solutions for greater global impact.
On September 10, the United States and Vietnam announced the U.S. – Vietnam Comprehensive Strategic Partnership. President Biden applauded Vietnam’s climate commitments under its Just Energy Transition Partnership (JETP), as well as Vietnam’s 2050 net zero greenhouse emissions target. General Secretary Nguyen Phu Trong welcomed the U.S. contribution to mobilizing public and private financing for Vietnam’s JETP and cooperation with the international community to ensure its successful implementation while ensuring national energy sovereignty, security and affordability. The United States committed to assisting Vietnam with both finance and advanced climate technology to fulfill its international climate commitments. Vietnam welcomes projects funded by international financial institutions, including the World Bank, in the areas of climate change response, energy transition, green growth, and renewable energy infrastructure.
Information about safe and environmentally friendly products on display
- Air quality monitoring system uses artificial intelligence (AI) to analyze thermal images and sensor data collected from drones
- On-chip silicon photonic network controlled through artificial intelligence
- Flood detection system using satellite images
- Dedicated mobile communication system with satellite relay (MOBILE BTS) serving remote areas, islands and emergencies
- Waste collection monitoring system in industrial parks using AI technology
- Stem-Clover early programming learning system
- Some products of Rang Dong company such as:
- Anomaly detection system in forest management and monitoring
- Robotic, ARM, IC Design laboratory equipment
- Biodiversity and carbon reserve monitoring system in Vietnam’s forests based on multispectral remote sensing images
- Detecting landslides using UAVs
- Some handmade products are environmentally friendly