Vietnam

Japan and Vietnam have deepened their cooperation based on Joint Crediting Mechanism (JCM) and issued carbon credits for nine new projects by the end of October.

Vietnam

Triển lãm CLEANFACT và RHVAC VIETNAM 2024, diễn ra từ ngày 21 - 23/11/2024 với nhiều công nghệ mới về tiết kiệm năng lượng trong lĩnh vực lạnh và điều hòa không khí, phòng sạch và phụ trợ nhà máy công nghệ cao.

The Vietnamese government’s new decree, announced at the end of October, encourages the development of self-consumption rooftop solar power systems. However, many investors feel that the regulatory details are unclear, making the application process much more difficult.

According to the plan, Vietnam Electricity will pay for the surplus energy from the local solar power system to the national grid in alignment with the average market electricity price of the previous year.

In a bid to achieve its net-zero target by 2050, Thailand's retail giant Central Group is intensifying its sustainability initiatives in Vietnam. This includes the expansion of rooftop solar installations and efforts to reduce energy consumption, aimed at mitigating the impact of Vietnam's unstable power supply.

In order to protect the environment and green the chemical industry, in recent years, Vietnam Chemical Group has implemented many solutions.

With insufficient awareness of the benefits of energy audits, many businesses only conduct energy audits as a response to government requests, instead of considering them as a solution to save energy, reduce production costs, protect the environment, and move towards sustainable development.

In 2023, four enterprises in the steel production, building materials, and wood processing sectors participated in the Voluntary Agreement Scheme on Energy Efficiency in Energy-Intensive Industries (VAS Program), within the framework of the Energy Partnership Program between Vietnam and Denmark 2020-2025 (DEPP3 Program), implemented by the Ministry of Industry and Trade in collaboration with the Embassy of Denmark and the Danish Energy Agency.

Vietnam's Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son expressed hopes of learning from European nations about carbon markets, international integration, and green hydrogen development. He emphasized the need for continued support in funding, technology, and training.

Vietnam plans to develop green and energy-saving steel products and increase the market share of domestically produced steel to gradually replace imported products.

From smart energy systems to holistic sustainability methods, the Danish approach to energy efficiency in buildings can serve as a source of inspiration for other countries.

From 2020 to 2022, Terumo Vietnam Co., Ltd. implemented 61 energy-saving solutions, resulting in savings of nearly 3.4 million kWh, equivalent to more than 5.7 billion VND.

On October 2, Prime Minister Pham Minh Chinh chaired the fifth meeting of the National Steering Committee on the implementation of Vietnam’s COP26 commitments, emphasizing the need for faster and more decisive action in tackling climate change. The Prime Minister’s call comes as Vietnam continues to face increasingly severe weather conditions, highlighting the urgency of addressing climate change impacts and adhering to global pledges.

Improving energy efficiency in commercial buildings has become an urgent issue in Vietnam with energy consumption demand rising rapidly. As energy costs account for a significant portion of operational expenses, implementing effective energy-saving solutions will bring considerable economic benefits. Let’s explore 7 ways to improve energy efficiency in commercial buildings in Vietnam in the article below!

Given the increasing demand for energy, especially in the context of strong economic development, energy transition is an important task for Vietnam and an essential factor in ensuring energy security, protecting the environment, and promoting sustainable socio-economic development.

The importance of energy efficiency is not to be understated. The International Energy Agency estimates that energy efficiency improvements could contribute as much as 47% of reductions in energy-related CO2 emissions achievable by 2030.

According to the Ministry of Industry and Trade, the industrial sector currently accounts for more than 50% of the total energy consumption nationwide. Surveys show that the potential for energy-saving in Vietnam's industry is estimated at around 20-30%.

To promote steel exports to the European Union (EU) market, Vietnam's steel manufacturers need to optimise technology, save energy, and carry out product quality standards of the EU, according to Do Nam Binh, head of the Minerals and Metallurgy Division at the Department of Industry under the Ministry of Industry and Trade (MoIT).