If, in common sense, a buck saved is a buck earned, this proves all the more significant in energy savings, when a sum invested may result in higher profits and higher benefits. If, for an individual, energy saving merely means to avoid money burning big holes in his or her pocket, then for a company, it means better returns and better business efficiency, and for an economy, there are even greater dimensions of cost-effectiveness.

The Institute for Building, Science and Technology (IBST) on May 12th held a scientific seminar on “The experiences in implementing energy saving and efficiency program of the EU and Bulgaria and the application of energy efficiency meter software in Vietnam.” Participants of the workshop included Mr. Vladimir Moskov, commissioner of Bulgarian Embassy in Vietnam, Prof. Dr Nikola Geargiev Kaloyanov, Vice-Chancellor of Technical University of Sofia, project director and some other experts. On Vietnam side are Assoc. Prof. Dr Cao Duy Tien, director of IBST, Assoc. Prof. Dr Nguyen Xuan Chinh, deputy director of IBST concurrently project director, other experts from research institutes and universities and other interested researchers.

A retailer shopping centers and supermarkets, Big C welcomes thousands of shoppers every day. Its power expenditure accounts for a proportion as large as 30% of the total outsource service costs. Thus, energy saving activities will bring about practical benefits, helping the retailer meet dual targets: reducing costs to fulfill its mission statement “low prices for every one” to boost its market share, and achieving the national target in energy savings and efficiency together with the whole society.

American Ballast, a global commercial and
 residential power solutions company with worldwide manufacturing 
capabilities, has developed a line of high-performance, energy efficient LED 
drivers. Enabling advancements in LED lighting, the LED drivers can provide
up to 85 per cent energy savings in a wide range of indoor and outdoor lighting
 applications such as street lights, indoor down lights, ceiling lights,
 displays and channel lighting.