NAVIGATING ENERGY TRANSITION: VIETNAM’S PATH TO SUSTAINABILITY AND IMPLICATIONS FOR UKRAINE

Vietnam has achieved significant milestones in its energy transition, characterized by ambitious renewable energy targets and robust policies aimed at reducing carbon emissions. This paper delves into Vietnam’s strategic approach, progress, and the challenges faced in its journey towards a sustainable energy future. By analyzing the diversification of energy sources, modernization of infrastructure, and development of a carbon market, the paper underscores Vietnam’s efforts to balance energy security, sustainability, and economic resilience. The study highlights the critical role of comprehensive policy frameworks, technological advancements, and substantial investments in renewable energy. Vietnam’s experience serves as a valuable model for Ukraine, offering insights into effective energy transition strategies amidst unique geopolitical and economic challenges. The findings suggest that Vietnam’s approach, which integrates policy shifts, infrastructure upgrades, and economic adaptations, can provide a blueprint for Ukraine to achieve its own sustainable energy goals. This paper aims to contribute to the broader discourse on global energy transitions, emphasizing the importance of aligning national strategies with international climate commitments to foster a resilient and low-carbon energy future.