Hanoi, July 4 -- The Vietnamese Government encourages and supports Japanese enterprises to expand their investment in Vietnam, particularly in sectors matching Japan's advantages and Vietnam's priority such as semiconductor and renewable energy, especially biomass power.

The remark was made by Deputy Prime Minister Nguyen Chi Dung during a meeting with Honna Hitoshi, Representative Director and President of Japan's Erex Corporation, on July 4.

He stated that as Vietnam aims to achieve net-zero emissions by 2050, renewable energy, including biomass power, plays a crucial role. The country's Power Development Plan No. 8 sets a target of 2,270 MW of installed capacity from biomass and waste-to-energy power by 2030.

Deputy PM Dung welcomed...