News & Event

Follow news and developments in renewable energy around the world.
gan-510-gw-nang-luong-tai-tao-duoc-bo-sung-trong-nam-2023

Nearly 510 GW of renewable energy added in 2023

With the addition of nearly 510 GW, the global renewable energy growth rate in 2023 has reached its fastest pace in two decades. According to the International Energy Agency (IEA) report, three-quarters of this added capacity comes from solar power. A new record for 22 consecutive years According to the Renewable Energy 2023 report: Analysis and Forecast until 2028, recently […]

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the-carbon-credit-market

The carbon credit market

Vietnam has significant potential to grow its carbon credit market, especially as the global shift towards green transition and emission reduction to combat climate change gains momentum. To seize the opportunities presented by the development of the carbon credit market, businesses will need to overcome several challenges, starting with meeting international standards… Developing the carbon credit market in Vietnam According […]

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c47-16-nam-thuoc-top-500-doanh-nghiep-1

C47 continues 16-Year streak in the Top 500 Largest Private Enterprises in Vietnam

Construction Joint Stock Company 47 (HOSE: C47) has been honored again in the Top 500 Largest Private Enterprises in Vietnam in 2023 – part of the VNR500 rankings, marking the 16th consecutive year of achieving this recognition. The announcement ceremony of the VNR500 rankings (including the Top 500 Largest Enterprises in Vietnam and the Top 500 Largest Private Enterprises in […]

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Green-Transition

Special Edition: Green Transition Handbook for Businesses

The global green transition is very strong worldwide. It is considered the common path globally, driven by the highest authorities, including Governments. Green transition is not just a trend; it’s an essential journey for businesses to thrive in the market, enhance competitiveness, and achieve sustainable development. In November 2021, at the COP26 conference, Prime Minister Pham Minh Chinh announced Vietnam’s […]

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VIEXIM

Another member of the An Phat Holdings ecosystem uses renewable energy

On January 6, 2024, Export Import Development Investment Company Limited (VIEXIM), a subsidiary of Hanoi Plastics JSC, signed a collaboration agreement with VP Energy and Vu Phong Energy Group to develop a rooftop solar power system at the factory in Yen My district, Hung Yen province. With this agreement, VIEXIM becomes the latest member of An Phat Holdings’ ecosystem to […]

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dien-mat-troi-nam-bo

Solar development potential in the Southern region

Thanks to favorable natural conditions with high solar radiation and a significant number of sunlight hours throughout the year, the Southern region of Vietnam holds immense potential for solar energy development. This clean energy source is recognized for its vital role in the region’s growth trend. Favorable conditions for solar development in the South Vietnam is evaluated as a country […]

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vp-carbon-solutions-chia-se-ve-thi-truong-carbon

VP Carbon Solutions shared about the carbon market and RECs market

ACA-Vietnam, a member of ACA (Alliances for Climate Action), collaborated with WWF-Vietnam and VP Carbon Solutions to organize an end-of-year program for members on December 22, 2023. Mr. An, Pham Dang, Director of VP Carbon Solutions and Deputy General Director of Vu Phong Energy Group, coordinated the program and shared views on the carbon market and Renewable Energy Certificates (RECs) […]

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co-hoi-hop-tac-ve-nang-luong (1)

Many opportunities for energy collaboration between Ho Chi Minh City and Chungbuk – Korea

Ho Chi Minh City (HCMC) and Chungbuk (or Chungcheongbuk – Korea) can collaborate to develop economic sectors that apply digital technology and smart technology for sustainable development, focusing on an opportunity in the energy sector… by harnessing the strengths of each region. The Chungbuk Provincial Council hosted the HCMC – Chungbuk Business Forum on the afternoon of December 18 in […]

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vietnam-energy-and-technology-forum-2023

Vietnam Energy and Technology Forum 2023 on localization in renewable energy

On the afternoon of December 14, the 6th Vietnam Energy and Technology Forum 2023 took place in Hanoi, organized by the Ministry of Science and Technology, Ministry of Industry and Trade, and Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK); and coordinated by the Department of Technology Application and Development, Department of Electricity and Renewable Energy in collaboration […]

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the COP28

Renewable energy has more leverage from the COP28

The introduction of a green finance platform, climate investment funds, and over 120 nations’ commitment to triple global renewable energy capacity by 2030… These are the highlights of the COP28 Conference, which have been recognized as important milestones in reducing global carbon emissions and promoting renewable energy development. Nearly 120 countries commit to renewable energy goals During the COP28 Conference, […]

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Vu Phong Magazine_Thang 11-1

Numerous activities of Vu Phong Energy Group in November 2023

In November 2023, in addition to continuing to implement projects, sign new projects, and deliver completed systems, Vu Phong Energy Group participated in many sharing activities at major conferences, seminars, and forums related to sustainable development and the energy transition in Vietnam. Details of Vu Phong Energy Group’s outstanding activities in November, let’s read Vu Phong Magazine November 2023 Desktop […]

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3,39 MWp, PPA installation project in Vinamilk Mega, Binh Duong

Promoting energy transition with solar power for industrial zones

The 2nd Technical Working Group on Renewable Energy held its second meeting of 2023 on the afternoon of November 24th, within the Vietnam Energy Partnership Group (VEPG) partnership framework. During the meeting, representatives updated, shared, and discussed various topics related to promoting the development of renewable energy sources and energy transition in Vietnam, including insights into rooftop solar for industrial […]

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The Theme of CiC 2023: Digital Innovation – Green Transformation

The final round of the Creative Idea Challenge – CiC 2023 was held on November 25, 2023, in Ho Chi Minh City. Mr. Tri, Nguyen Quang, General Director of Vu Phong Energy Group, attended and awarded scholarships totaling 60 million VND to the top student teams. Vu Phong Energy Group’s highlighted activities in August 2022 Promoting sustainable development for businesses […]

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C47-va-EVNPECC3-ky-ket-hop-dong

C47 and EVNPECC3 signed an EPC contract worth nearly 185 million USD for a hydropower project in Laos

On November 22, 2023, in the capital Vientiane, Laos, Phongsupthavy Group Company, along with the contractor consortium led by Construction Joint Stock Company 47 (HOSE: C47) and Power Engineering Consulting Joint Stock Company 3 (EVNPECC3), held a signing ceremony for the EPC (Engineering, Procurement, and Construction) contract titled “Design, supply, installation of hydraulic machinery and construction of the project” for […]

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Handing over the rooftop solar power system of Duy Tan

Handing over the rooftop solar power system of Duy Tan Binh Duong plastics factory

The rooftop solar power system of Duy Tan Plastics Company, a subsidiary of Duy Tan Plastics Manufacturing Corporation, in Binh Duong, has a capacity of 2.17 MWp. The system contains 16 SMA 110kW inverters and 3,289 high-performance 660W Canadian solar panels. On November 22, 2023, the system was officially handed over. With a capacity of 2.17 MWp, the system can […]

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system development at Song Hong Aluminum Shalumi

Collaboration for rooftop solar power system development at Song Hong Aluminum Shalumi

On November 15, 2023, at the Song Hong Aluminum Shalumi Group Joint Stock Company (Viet Tri, Phu Tho), a signing ceremony took place to collaborate to develop a rooftop solar power system. The system has a capacity of 887 kWp, developed through a Power Purchase Agreement (PPA) collaboration, with VP Energy as investor, Vu Phong Energy Group providing Engineering, Procurement, […]

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sustainable development for businesses

Promoting sustainable development for businesses

On the afternoon of November 14, in Ho Chi Minh City, the opening session of the program “Innovation and Sustainable Development” and the Annual summit on Unlocking business potential for sustainable development took place. Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group, and Director of VP Carbon Solutions, attended and participated in the panel discussion as […]

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Vu Phong Magazine Thang 10-1

Outstanding activities of Vu Phong Energy Group in October 2023

In the first month of Q4 2023, Vu Phong Energy Group continues to advance rooftop solar projects. Furthermore, negotiations are underway to accompany numerous businesses on the green transformation and sustainable development journey. Details of Vu Phong Energy Group’s outstanding activities in October, let’s read Vu Phong Magazine October 2023 Desktop Version: Read Magazine Mobile Version: Read Magazine In light […]

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VP-Carbon-Solutions

Established VP Carbon Solutions – A company specializing on emission reduction and carbon-neutral solutions

To best accompany businesses towards sustainable development and meet green standards following global trends. Vu Phong Energy Group established a member company – VP Carbon Solutions, which specializes in consulting services on emission reduction and carbon neutrality for businesses. VP Carbon Solutions Joint Stock Company specializes in providing solutions to help businesses efficiently reduce greenhouse gas emissions, towards carbon neutrality. […]

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Certificate REC

Overview of Renewable Energy Certificate (REC)

An International Renewable Energy Certificate (I-REC) is a type of Energy Attribute Certificate (EAC). It can be used to promote renewable energy production and reduce greenhouse gas emissions. What is a Renewable Energy Certificate (REC)? Concept of Renewable Energy Certificate (REC) A Renewable Energy Certificate (REC), also known as an Energy Attribute Certificate (EAC), is a certificate used to demonstrate […]

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a rooftop solar project in Dong Nai

15,000 Safe Man-Hours at a rooftop solar project in Dong Nai

On September 29, 2023, the project management of the rooftop solar power system celebrated a milestone of 15,000 safe man-hours at the construction site in Dong Nai. TotalEnergies, the project’s investor, recognized Vu Phong Energy Group’s achievement in ensuring safety throughout the project. Project Overview The rooftop solar power system has a total capacity of 1.15 MWp and construction commenced […]

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cbam

CBAM mechanism: Companies need to report emissions from electricity consumption

During the transitional phase of the EU’s CBAM mechanism, importers of cement, steel, aluminum, fertilizers, and hydrogen products must report direct and indirect greenhouse gas emissions, including emissions from electricity use during manufacture. What may you not know about the carbon credit market? Ho Chi Minh City needs a breakthrough development mechanism to pioneer in neutralizing emissions VP Energy invests […]

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Power Purchase Agreement

High quality solar power system from PPA model

The PPA (Power Purchase Agreement) is a flexible cooperation model pioneered by Vu Phong Energy Group with the participation of investment partners to develop rooftop solar power at business and production establishments, especially factories in Vietnam. The PPA (Power Purchase Agreement) solar power model, pioneered by Vu Phong at the end of 2019 and the beginning of 2020 in Vietnam, […]

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CBAM

How should businesses adapt to the EU’s CBAM?

In just a few days, the EU’s Carbon Border Adjustment Mechanism (CBAM) will officially enter its transitional phase, starting October 1, 2023. Proactively adapting to CBAM is a challenge for many businesses in Vietnam, especially those in industries like steel, aluminum, cement,… What is the Carbon Border Adjustment Mechanism (CBAM)? The European Union’s CBAM is an environmental trade policy that […]

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Vu-Phong-Magazine-August-2023

Vu Phong Energy Group accelerates the deployment of a series of solar power systems for businesses

In August, the Vu Phong Energy Group embarked on an accelerated deployment of solar power systems on businesses’ rooftops. Some of these systems are in the final stages and are expected to be completed in September 2023. Details of Vu Phong Energy Group’s outstanding activities in June, let’s read Vu Phong Magazine August 2023 Desktop Version: Read Magazine Mobile Version: […]

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Notice of Change of Ho Chi Minh City Representative Office Location

Notice of Change of Ho Chi Minh City Representative Office Location

Dear Customers, Partners, Vu Phong Energy Group Joint Stock Company sincerely appreciates your continuous trust and choice of Vu Phong Energy Group as your collaborative partner on the sustainable development journey. We are pleased to inform you of a change in the location of our Ho Chi Minh City representative office as follows: Former office location: 61 Cao Duc Lan, […]

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muc-tieu-huong-toi-100-nltt

Many policy recommendations for the roadmap towards 100% renewable energy in Vietnam

On August 29, 2023, during the Seminar “Discussion on the energy transition roadmap towards 100% renewable energy and Net Zero in Vietnam,” many experts and energy industry leaders shared insights and discussed policy recommendations for achieving 100% renewable energy by 2050 in Vietnam. The seminar featured the participation of Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy […]

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Energy Solutions

Energy Solutions for Sustainable Cities

At the Smart and Sustainable City Forum 2023, held on the afternoon of August 23, 2023, both local and international experts discussed many energy solutions to meet the demands of developing cities in Vietnam. Mr. Phong, Pham Nam, Founder and Chairman of the Board of Directors of Vu Phong Energy Group, shared at the forum. The Smart and Sustainable City […]

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50,000 corporations operating in Europe must report sustainable development

Approximately 50,000 companies must report on their sustainability efforts under the Corporate Sustainability Reporting Directive (CSRD). This includes both EU-based and non-EU corporations that operate within the EU. This directive will also indirectly affect many other businesses, such as those in the supply chain. How to Harness Solar Energy for Good and Profit Footwear enterprises use green standards to increase […]

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renewable-energy-development-in-ho-chi-minh-city

Opportunities and Challenges in Renewable Energy Development in Ho Chi Minh City

Renewable energy sources are acknowledged for Ho Chi Minh City’s significant contribution to environmental protection and sustainable development. The topic of Voice of Vietnam (VOV) held on July 29 was “Developing Renewable Energy in Ho Chi Minh City – Opportunities and Challenges.” Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group, and Mr. Son, Ha Dang, Director […]

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Electricity saving solutions

Sharing document – Electricity saving solutions for manufacturing enterprise

Electricity costs often account for a significant proportion of a manufacturing business’s overall operational expenses, impacting product pricing and profitability. Efficient electricity-saving measures may assist enterprises in optimizing their operating expenses while simultaneously reducing greenhouse gas emissions, contributing to environmental protection. The industrial sector is the nation’s largest energy consumer, accounting for over 50 per cent of overall energy consumption. […]

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solar-power-system-on-the-roof-of-chien-thang

VP Energy invests in a 1.5 MWp solar power system on the roof of Chien Thang Industrial Company Limited ‘s factory

The 1.5 MWp solar power system will be installed on Chien Thang Industrial Company Limited’s rooftop. This system was developed under a Power Purchase Agreement (PPA) cooperation model, invested by VP Energy and Vu Phong Energy Group provided EPC general contractor and operation and maintenance (O&M). On July 22, 2023, the signing ceremony took place. Chien Thang Industrial Company Limited […]

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carbon-capture-and-storage

Carbon Capture and Storage (CCS) technology on the Journey to Net Zero

International experts recognize Carbon Capture and Storage (CCS) technology as a critical intermediate and long-term solution to achieve net-zero emissions. What is CCS, and how does it work? Carbon Capture and Storage (CCS) is a process that captures carbon dioxide (CO2) emissions from various sources and transports them to safe, long-term storage locations, such as deep geological formations underground or […]

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Reducing emissions and achieving carbon neutral-1

Reducing emissions and achieving carbon neutral – the essential pathway

Many green manufacturing and consumption businesses have long prioritized reducing greenhouse gas emissions and carbon footprint. However, with recent strong commitments and actions from Governments, reducing emissions and achieving carbon neutrality is not just a trend but a essential pathway for businesses to avoid being phased out of the market. The global trend With over 100 countries making strong commitments […]

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sustainable-development-strategy

Business Competitive Advantage from Sustainable Development Strategy

A sustainable development strategy has a considerable influence, representing social responsibility and being a decisive factor in a company’s success and sustainability. Building and carrying out a sustainable development strategy will assist businesses in creating long-term value, managing risks efficiently, adapting flexibly, enhancing efficiency and resource conservation, and improving brand image and consumer goodwill. This helps businesses gain a competitive […]

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Vu Phong Energy Group in June 2023

Various Activities of Vu Phong Energy Group in June 2023

Vu Phong Energy Group had a productive June, as they successfully hosted our Annual General Shareholders’ Meeting in 2023. In addition, we signed a collaboration agreement for a new project at the Shints BVT factory in Hai Duong and engaged in negotiations with several other factories. Vu Phong also maintained the deployment, installation, operation, and maintenance of solar power systems […]

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vpeg-chia-se-kinh-nghiem-tien-phong-ve-nang-luong-tai-tao

Vu Phong Energy Group shares pioneering experience in renewable energy

“In terms of policy, I believe that self-consuming rooftop solar has a tremendous opportunity ahead of it. Many factories in industrial zones have yet to install rooftop solar systems,” shared Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group, in June 30, 2023, in the panel discussion “The lessons learnt from the pioneer investors” at the Forbes […]

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ho-chi-minh-city-will-have-additional-rooftop-solar-power

Ho Chi Minh city will have additional rooftop solar power sources from public administrative

In Ho Chi Minh City, administrative agencies and public service units will be permitted to install rooftop solar power systems. This is one of the mechanisms and policies recently approved by the National Assembly in Resolution No. 98/2023/QH15 on piloting a number of specific mechanisms and policies for the development of Ho Chi Minh City. According to Resolution No. 98/2023/QH15 […]

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sustainable-development-goals-report

Sustainable Development Goals Report: Assessing progress towards the SDGs

The Sustainable Development Goals Report (SDGs) is critical in assessing progress toward the SDGs at the global and regional levels. The United Nations conducted this report, which is updated yearly. In this article, we will explore the significance and components of a Sustainable Development Goals Progress Report, as well as provide an overview of some of the highlights from the […]

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collaborate with Japanese businesses

Opportunity to connect and collaborate with Japanese businesses

JCI South Saigon – JCI Vietnam just held a networking and promoting trade program between approxizmately 80 Japanese and Vietnamese businesses on June 6-8, 2023. Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group, also attended the program, which Vu Phong Energy Group sponsored. Cooperation to promote carbon neutrality in Asia Robot 100% “Make in Vietnam” for […]

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Vu Phong Energy Group works diligently to ensure HSE

Vu Phong Energy Group works diligently to ensure HSE on construction projects

In May 2023, Vu Phong Energy Group engineers maintained the work on developing clean energy systems with the goal of early operation and transfer to producing enterprises. Health, Safety, and Environment (HSE) management is always given priority at each project, particularly when the Southern area approaches the rainy season with heavy rain and high winds. Please read Vu Phong Magazine […]

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dairy-factory-in-vietnam-certified-carbon-neutral

The first farm and dairy factory in Vietnam certified Carbon-Neutral

Vinamilk’s dairy farm and milk factory in Nghe An has recently received the PAS 2060:2014 Carbon-Neutral certification, making Vinamilk the first dairy company in Vietnam to achieve Carbon-Neutral at both the factory and farm. The total greenhouse gas emissions neutralized by these two units, according to Vinamilk’s report, are equal to 17,560 tons of CO2 (equivalent to nearly 1.7 million […]

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Grand opening of Dalat Worsted Spinning

Grand opening of Dalat Worsted Spinning – the worsted yarn spinning mill factory utilizing solar energy

On the morning of May 25, 2023, Dalat Worsted Spinning Limited Company opened the Dalat Worsted Spinning Factory – DWS. This is the first worsted yarn spinning mill factory in Vietnam with modern machinery and uses clean energy for production through a solar power system with a capacity of 2,04 MWp. The Dalat Worsted Spinning Factory – DWS of Dalat […]

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Power Development Plan VIII

Power Development Plan VIII: Rooftop solar power, self-generating and self-consuming are given special priority

According to the National Power Development Plan VIII for the period of 2021 – 2030, with a vision to 2050 (referred to as the Power Development Plan VIII), development orientation the electricity will promote the development of renewable energy sources, new energy, clean energy suitable with the ability to ensure system safety with reasonable electricity prices, especially self-generating, self-consuming and […]

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Vu Phong Energy Group’s outstanding activities in April 2023

Vu Phong Energy Group’s outstanding activities in April 2023

In April 2023, amidst record-breaking heatwaves or the “worst heat wave in Asian history,” the engineers at Vu Phong Energy Group continue to work tirelessly towards developing clean energy systems with the goal of early operation and system transfer to manufacturing businesses. Utilizing renewable energy and sustainable development not only helps businesses increase market competitiveness, but also contributes to reducing […]

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the development of Ho Chi Minh City's green economy

The rooftop solar systems will have a significant role in the development of Ho Chi Minh City’s green economy

The development and use of clean and renewable energy sources, notably rooftop solar power, is a necessary solution that will greatly contribute to the construction and growth of a green economy in Ho Chi Minh City. This is the consensus of experts who spoke at April 18, 2023, Meeting “Building and Developing a Green Economy in Ho Chi Minh City,” […]

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Reducing greenhouse gas emissions

Reducing emissions, carbon neutrality, and other terms

At the COP26 conference, over 100 nations committed to reducing emissions including Carbon neutral, achieving a net emissions level of zero, and reducing methane gas emissions… Reducing greenhouse gas emissions and developing low-carbon economies to achieve Net Zero emissions have become the mainstream global development journey. To learn more about this trend, Vu Phong Energy Group invites you to explore […]

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outstanding activities in March 2023

Vu Phong Energy Group’s outstanding activities in March 2023

In March 2023, Vu Phong Energy Group continued implementing projects and started a solar power system project at Dalat Hasfarm’s farm (Da Lat, Lam Dong). During the month, Robot VPT-RB1200-S1, 100% “Make in Vietnam” product of Vu Phong Energy Group, was also displayed at the “green economy” exhibition within the framework of the High-Quality Vietnamese Products 2023 announcement program and […]

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ho-chi-minh-city-needs-to-mechanism-in-neutralizing-emissions

Ho Chi Minh City needs a breakthrough development mechanism to pioneer in neutralizing emissions

Ho Chi Minh City has the potential to be pioneering in achieving emission reduction targets, the neutrality of greenhouse gas emissions, and the increased use of renewable energy. However, the locality requires some groundbreaking development mechanisms to exploit this potential fully. The Ho Chi Minh City National Assembly Delegation held a Meeting on March 30 to discuss and comment on […]

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rooftops solar power systems for businesses

Successfully developing & transferring many rooftops solar power systems for businesses

In the context of an increasing number of businesses choosing to use solar power to reduce emissions and carbon footprint in their production activities, the PPA (Power Purchase Agreement) model pioneered by Vu Phong Energy Group is highly regarded for its practical and effective benefits. With this model, Vu Phong has developed and transferred a series of rooftop solar power […]

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solar-project-at-dalat-hasfram

Kick-off of Solar Project at Dalat Hasfarm – A New Milestone in Sustainable Development

Dalat Hasfarm is taking a new step toward sustainable development by using clean energy from solar power – the PPA (Power Purchase Agreement) model invested in by ecoligo Fund (Germany), developed and provided EPC contracting services by Vu Phong Energy Group. The project’s kick-off ceremony was held on March 15, 2023. Reducing greenhouse gas emissions and promoting sustainability Vu Phong […]

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robot-100-make-in-vietnam

Robot 100% “Make in Vietnam” for green energy at green economy exhibition

Vu Phong Energy Group’s VPT-RB1200-S1 Robot for cleaning solar panels, a 100% “Make in Vietnam” product, was recently on display at the “green economy” exhibition as part of the program to announce the High-Quality Vietnamese Products 2023 on March 14, 2023, at Reunification Convention Hall (Ho Chi Minh City). Vu Phong Energy Group congratulates Vietnam Entrepreneur’s Day on October 13 […]

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Vietnam Nippon Seiki a 1000 kWp solar power system

Vu Phong Energy Group successfully developed and transferred to Vietnam Nippon Seiki a 1MWp solar power system

As an EPC General Contractor, Vu Phong Energy Group installed a 1 MWp solar power system on the roof of Vietnam Nippon Seiki’s factory at Noi Bai Industrial Park (Soc Son, Hanoi). The project was successfully finished and transferred to Vietnam Nippon Seiki. Vietnam Nippon Seiki Co., Ltd is a Nippon Seiki (Japan) subsidiary. With nearly 80 years of development, […]

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projects-for-manufacturing-business

Vu Phong Energy Group continues to implement a series of projects for manufacturing business

After the Lunar New Year holiday, in February 2023, Vu Phong Energy Group’s engineers resumed installing solar power systems to accompany manufacturing businesses on the “greening” journey towards sustainable development. Please read Vu Phong Magazine of February 2023: Desktop Version: Read Magazine Mobile Version: Read Magazine One of the currently highlight projects being implemented by Vu Phong Energy Group is […]

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What is EPC?

EPC Contracts Explained: Everything You Need to Know

The article will explain what an EPC contracts is, the responsibilities of an EPC general contractor, and the numerous benefits of an EPC contract for investors. What is EPC? EPC, short for Engineering, Procurement, and Construction, refers to the design-build construction of solar photovoltaic energy systems. SWELECT (It is combined from “SWE” and “ELLECT,” where “SWE” stands for “Solar and […]

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15 years – A beautiful story of a green journey

When the Vietnamese market was still unfamiliar with the term “renewable energy,” a group of engineers researched, developed, and produced solar kits, charge controllers, and power converters,… for places without grid electricity, opening the very first small off-grid solar market. That was the story in 2008-2009, more than a decade ago… Vietnam’s leading professional solar EPC contractor The journey to […]

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electricity-price

Electricity price is in the “waiting to increase”, should businesses choose… waiting?

The average retail electricity price (excluding VAT) has been raised by 220-537 dong per kWh. The Ministry of Industry and Trade has also issued a document requiring Vietnam Electricity to prepare a proposal for the average retail electricity price in 2023, as well as the route and suitable adjustment level in the case of a rise in electricity prices soon […]

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back-up-solar-power-system

Ensuring Continuous Power: The Benefits of Back Up Solar Power Systems

In today’s modern world, where electricity powers nearly every aspect of our lives, the need for a reliable backup power system cannot be overstated. Whether it’s a sudden blackout caused by inclement weather or a planned maintenance outage, being without power can disrupt our daily routines and jeopardize critical functions. That’s where back up solar power systems come into play, […]

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renewable-energy

Renewable energy advantages and disadvantages – A practical perspective

Many countries are investing in renewable energy, which is considered the future of the global energy industry due to its numerous advantages. However, it also has some disadvantages that need to be considered. Here are the advantages and disadvantages of renewable energy. What are the advantages of businesses pursuing sustainable development? Sun, Savings, and Surprises: The Truth About Going Off-grid […]

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vu-phong-magazine-special-issue-strengthening-transformations-2022

Vu Phong Magazine Special Issue: Strengthening Transformations 2022

A special magazine to welcome the Lunar New Year 2023, as a document of Vu Phong Energy Group’s journey in 2022, with the trust and companionship of all Customers and Partners. Sincerely introduce to you: Vu Phong Magazine Special Issue – Strengthening Transformations 2022: Let’s check Vu Phong Magazine Special Issue – Strengthening Transformations 2022: Version desktop: Xem Magazine Version […]

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Sustainable Development: Principles and Criteria

Sustainable development, according to Agenda 21, is defined as development that meets the needs of the current generation without jeopardizing future generations’ ability to meet their own needs. It is a well-balanced development in terms of socioeconomic and environmental factors… Economically sustainable development Economically sustainable development is defined as rapid, safe, and high-quality growth in all aspects of the economy […]

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what-is-solar-energy

What is solar energy and its usage?

What exactly is solar energy? What is the use of solar energy in everyday life? What is solar power, what types of solar power systems are there? This article will be of great detail! What is solar energy? Solar energy was the first energy source in the world that humans used before discovering how to make fire. Solar energy is […]

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Impact-Plan

The Vu Phong Energy Group team is proactive in preparing for the new journey in 2023

In the last days of 2022, the Vu Phong Energy Group team met and participated in an exciting internal training program to enable each person actively develop, maximize the potential of each other in team engagement to accomplish work and life goals together. The Impact plan & Self-worth optimization training program was held with energy and a spirit of proactive […]

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2040kwp-blt-dws-lam-dong

Vu Phong Energy Group handed over a solar power on the rooftop of the first worsted yarn spinning mill in Vietnam

A solar power system with a capacity of 2,04 MWp has just been installed on the rooftop of Dalat Worsted Spinning – DWS, one of the major enterprises in the Phat Chi industrial complex in Da Lat city, as well as the first worsted yarn spinning mill in Vietnam. Reduce greenhouse gas emissions with a series of rooftop solar energy […]

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vu-phong-the-best-ci-rooftop-solar-power-project-in-south-east-asia

Vu Phong Energy Group – The Best C&I rooftop solar power project in South East Asia

Vu Phong Energy Group was recognized in the Best C&I Project Award: Rooftop (Industrial) category at the C&I Energy South East Asia Leadership Awards 2022. This is Vu Phong Energy Group’s second consecutive award, after TotalEnergies’ The 2022 Best EPC Contractor in Vietnam award in December. C&I Energy South East Asia Leadership Awards 2022 is an award hosted by Solar […]

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Partnership for the development of a rooftop solar power plant for Duy Tan Binh Duong Plastics

On the rooftop of Duy Tan Binh Duong Plastics (belonging to Duy Tan Plastics Group) will install a solar power system with a capacity of 2,17 MWp. The system has been developed according to the PPA (Power Purchase Agreement) model, with BayWa r.e. Vietnam as the investor, Vu Phong Energy Group as the project developer and provides the service of […]

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businesses-expect-flexible-rooftop-solar-power-mechanisms

Businesses expect flexible rooftop solar power mechanisms

If a flexible rooftop solar power policy is approved, it will establish advantageous conditions for both investors and manufacturing businesses to use clean energy. The use of renewable energy to meet integration requirements, greening goals in manufacturing, and reducing industrial emissions is an inevitable trend. However, the policy’s prolonged interruption has impacted the business investment environment, as well as export […]

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Active-energy-cost-savings

Proactive energy price for businesses: European lessons

The energy crisis has become an obsession of many European businesses as they are obliged to decrease production and raise product costs – which implies that competitiveness is severely reduced, even forcing factories to close… Businesses struggle when energy price rises Europe has been facing an energy crisis since the Russia-Ukraine war in February. Despite attempts to enhance energy supplies […]

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vu-phong-was-honored-as-the-2022-best-epc-contractor-in-vietnam-by-totalenergies

Vu Phong Energy Group was honoured as The 2022 Best EPC Contractor in Vietnam by TotalEnergies

Vu Phong Energy Group was honoured by TotalEnergies as The 2022 Best EPC Contractor in Vietnam on December 01, 2022, at TotalEnergies’ office in Vietnam and was awarded a certificate for outstanding achievements without any incidents in all projects. Vietnam’s leading professional solar EPC contractor Vu Phong Energy Group cooperates to implement rooftop solar power system of Dong A Plastic […]

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Many businesses develop smart, modern and sustainable factories

26 enterprises have received assistance in developing smart factory models, with some businesses recording significant improvements in maximizing the system via activities, such as Kem Nghia (Nghia Nippers), Liksin Packaging Enterprise (Liksin Corporation),… Project to train experts and support the development of smart factories The Ministry of Industry and Trade has implemented the Smart factory development support project in collaboration […]

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khung-gia-dien-mat-troi-dien-gio

Four price framework options for transitional wind and solar power projects

Vietnam Electricity (EVN) performs four options for calculating price frameworks for transitional wind and solar projects based on input data such as investment rate; average forwarding power; corporate income tax; foreign currency/local currency loan ratio; interest rates on domestic and foreign currency loans… of projects provided by investors. Option 1‘s total investment value is smaller than the total investment value […]

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bim-2-solar-power-plant-2

Excellent operation of BIM 2 Solar Power Plant for three consecutive years

Through initiative and professionalism, engineers from Vu Phong Tech – Vu Phong Energy Group gradually mastered the technology and consistently achieved excellent results in the operation and maintenance of the BIM 2 Solar Power Plant (Thuan Nam, Ninh Thuan). Excellent operation of BIM 2 Solar Power Plant for three consecutive years Vu Phong Tech accompanies BIM Group at the Green […]

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Climate finance

Finance – the challenge to climate goals

Commitments to reduce greenhouse gas emissions and achieve carbon neutrality have been proposed, as many initiatives to fight climate change have also been presented. However, in order for these initiatives to be implemented and climate targets to be realized, a major challenge must be overcome – finances. Climate finance has emerged as a major concern and a key topic within […]

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Drive action for global climate goals

After strong commitments at COP26, over 400,000 delegates representing nation leaders gathered for COP27 to discuss and find solutions to push action to achieve commitments and solve the world’s common climate change problem. COP26: Joint voice to protect the future of the Earth The carbon market has been grown in the transition to Net-Zero emissions Focusing on developing renewable energy […]

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Vu-Phong-Magazine-october

Vu Phong Energy Group’s outstanding activities in october 2022

Vu Phong Energy Group has spent the final months of 2022 completing ongoing projects while actively promoting new collaboration and negotiating many contracts for the future. Please read Vu Phong Magazine of October 2022 at the link below: Desktop Version: Read Magazine Mobile Version: Read Magazine Parallel to the project’s construction and installation activities, Vu Phong Energy Group implemented many […]

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hop-tac-thuc-day-trung-hoa-carbon-tai-chau-a

Cooperation to promote carbon neutrality in Asia

On September 2, 2022, at the 2nd Asian Global Solutions Summit organized by JCI Japan, delegates shared many carbon neutrality initiatives in Asian countries such as Japan, Korea, India, New Zealand, Vietnam, Singapore, Thailand… and toward cooperation for the common goal of sustainable development. Within the framework of JCI World Congress 2022, the 2nd Asia Global Solutions Summit was organized […]

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optimizing-the-performance-of-operating-solar-power-plants

The solution to optimizing the performance of operating solar farms

The Solar Show Vietnam 2022, Vietnam’s biggest exhibition of renewable energy equipment, was held in Ho Chi Minh City on October 27-28. Mr. Trinh, Vo Xuan, Technical Director of Vu Phong Energy Group, participated in the exhibition with representatives from energy companies such as TTC Group, Bureau Veritas, Meteocontrol, and Sense Hawk, discussing solutions to optimize the performance of operating […]

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Textile enterprises strive to transform to adapt to new standards

After 9 months of favorable conditions, with export growth of almost 20% – the greatest pace in more than ten years – Vietnam’s textile sector faces several challenges in the fourth quarter of 2022, and maybe even in the first half of 2023. Many experts, however, stated that textile businesses had made significant efforts to adapt and overcome challenges… Inflationary […]

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congratulates-on-Vietnam-Entrepreneur's-Day

Vu Phong Energy Group congratulates Vietnam Entrepreneur’s Day on October 13

On the occasion of Vietnam Entrepreneur’s Day on October 13, the Vu Phong Energy Group would like to extend our heartfelt congratulations to the Vietnamese business community and entrepreneurs in general, as well as the Board of Directors of the Vu Phong Energy Group and affiliated companies and member units in particular. Robot 100% “Make in Vietnam” for green energy […]

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