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.

Binh Son Refining and Petrochemical Joint Stock Company (Stock code: BSR) focuses on operating Dung Quat oil refinery at optimal capacity to maximize profits, while applying cost-saving solutions in operations, production and business.

Residential retrofit startups agree: Energy savings must pay for quality-of-life improvements to grow business and bring in lower-cost capital.

Investments by the governments of Canada and Ontario through the Sustainable Canadian Agricultural Partnership (Sustainable CAP) are resulting in over $16 million worth of energy cost savings projects to help food processing businesses increase energy efficiency and lower their costs.

Camden council (UK) will be offering free support to nearly 125 local businesses for reducing energy consumption, cutting costs and lowering carbon emissions.

The Western Australian Government is investing $500,000 in a sustainability and climate action initiative that aims to help households and small businesses improve their energy efficiency and save money on energy bills.

As a relentless heatwave drives electricity demand to record highs, South Korea’s business community has banded together to launch an energy conservation campaign.

According to the IEA (International Energy Agency), we must double the global rate of energy efficiency improvements until 2030 to reach net zero by 2050. In a world where energy and climate crises are intertwined, companies search for ways to keep up with sustainability regulations while maintaining profitability.

Hanoi authorities have teamed up with relevant agencies to provide technical assistance to businesses in developing energy efficiency indices and adopting advanced energy-saving technologies.

Joining hands to save electricity to implement the electricity demand response (DR) program has brought benefits to businesses and people while still ensuring production, business, and daily life. At the same time, it contributes to reducing the pressure on the power supply during the peak season.

For large industries such as paper, steel, and others with large energy consumption, effective energy management is extremely important. It is not only a key factor in reducing product costs, but also directly impacts the long-term survival and development of the business.

A World Economic Forum and PwC report sets out a host of energy efficiency actions it claims are 'doable today, at attractive returns with no need for new technology.'

Many businesses in Thua Thien Hue Province have adjusted their operations, shifting production to off-peak hours and optimizing equipment to support the power sector’s electricity efficiency initiatives.

The national energy development strategy of Vietnam by 2030, with a vision to 2045, aims to achieve an energy saving ratio of approximately 7 - 10% of the total final energy consumption compared to the business-as-usual scenario by 2030, and about 14 - 20% by 2045.

Energy efficiency not only optimises a business' operations but is also critical to green growth. However, there is still a lot of work to be done by all stakeholders to support them in transitioning to new, energy-saving technology.

A project to promote energy efficiency among large business enterprises was kick-started by the Ministry of Industry and Trade (MoIT), in collaboration with the United Nations Industrial Development Organization (UNIDO).

Prime Minister Pham Minh Chinh has demanded power supply be guaranteed for production and business activities as well as people’s daily life during the rest of 2023 and next year.

Assessment of EE equipment market, support to EE equipment suppliers on the market identification, business plan development, skill improvement for sales and taking care of customers after sales and awareness raising on the use of high efficiency equipments for IEs (Package No. C2.1.17) Contract

An energy transition seminar on Norwegian-Vietnamese business partnerships opened in Ho Chi Minh on September 13, hosted by the Norwegian Embassy in Vietnam in collaboration with the Oil, Gas and Coal Department under the Ministry of Industry and Trade (MoIT).

C2.1.17: Assessment of EE equipment market, support to EE equipment suppliers on the market identification, business plan development, skill improvement for sales and taking care of customers after sales and awareness raising on the use of high efficiency equipments for IEs