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SMEs Focused on Energy Efficiency

10/06/2015

On June 5, in Hanoi the seminar on the theme "Energy policy and economical use of energy in small and medium-sized enterprises" was held by the Central Institute of Economic Management (CIEM).

On June 5, in Hanoi  the seminar on the theme "Energy policy and economical use of energy in small and medium-sized enterprises" was held by the Central Institute of Economic Management (CIEM).

Dr Nguyen Manh Hai - Head of Public Service Policies - CIEM says that in the period 2011 - 2014, energy utilization rate was always higher than GDP growth rate. As electricity and gas prices rise high, the companies increase the cost of production / services accordingly.

SMEs account for 40% of total energy consumption in the industrial sector. In some areas such as brick, ceramics and food processing, energy saving potential is calculated at relatively high levels, above 30%. Meanwhile, for areas such as cement production and agriculture, the potential is even over 50%. As such, SMEs need to invest to renovate the technology and equipment to improve the energy efficiency.

Madam Do Thi Tu Anh - General Secretary of the Hanoi Youth Business Association says energy is one of the components embedded in the product cost. Therefore, companies should have a plan for rational use of energy in order to reduce product costs, help enterprises increase competitiveness in the market.

Trong Tan