Held by The World & Vietnam Magazine (Ministry of Foreign Affairs) in cooperation with the Asia Business Forum (ABF), and European Chamber of Commerce in Vietnam (Eurocham), the conference is the largest ever on the issue. It is forecast that Vietnam's economy continues to grow rapidly while the population will reach 100 million by 2020. To meet the demand for electricity, Vietnam's power sector must maintain a growth rate of more than 12% annually.
Held by The World & Vietnam Magazine (Ministry of Foreign
Affairs) in cooperation with the Asia Business Forum (ABF), and European
Chamber of Commerce in Vietnam
(Eurocham), the conference is the largest ever on the issue.
It is forecast
that Vietnam's
economy continues to grow rapidly while the population will reach 100 million by
2020.To meet the demand for electricity, Vietnam's power
sector must maintain a growth rate of more than 12% annually.
With abundant resources of fossil fuel, natural
energy and water, Vietnam
is one of Asian’s most attractive investment and business addresses for both
domestic and foreign enterprises in the power sector, whether it is thermal
power, hydro-power, wind power, nuclear power or tidal power.
The conference includes the participation and
presentations by representatives from various ministries and departments,
senior representatives of many transnational corporations and foreign and
domestic renowned experts in the power sector.This is a
great chance for people interested in energy development, investment,
consulting, and trading in Vietnam
in the second decade of the 21st century, when Vietnam will move to the medium
rank in
the world in terms of economic growth and power development.
The energy audit report conducted by Viet-Sing Steel in 2023 shows that the company's energy consumption is 0.4% lower than the energy consumption standard of the steel industry (as per Circular No. 20/2016/TT-BCT dated September 20, 2016, by the Ministry of Industry and Trade).
In July 2024, Van Dien Fused Magnesium Phosphate JSC conducted an energy audit. Energy audit experts assisted the company in identifying the optimal solutions for further energy-saving implementations.
Energy costs account for 20-30% of total production expenses in the paper and pulp manufacturing sector. Experts believe that the potential for energy savings in this industry is substantial.
Energy efficiency and conservation usage in industry are crucial to the development of the economy and society while ensuring national energy security.
Energy efficiency is not just about using less energy, but also about using energy intelligently and optimally. In the context of increasingly scarce energy resources and the threat of climate change, improving energy efficiency has become an urgent task for every country and individual.
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.
Hoa Sen Nghe An Co., Ltd. prioritizes implementing energy management solutions and advanced technical solutions aimed at efficient energy use, a top concern for the company.