News & Event

Follow news and developments in renewable energy around the world.
signed-partnership-for-green-journey-digital-learning-project

Vu Phong Energy Group signed partnership for “green journey, digital learning” project

On October 26, 2024, the signing ceremony and official launch of the “Green Journey, Digital Learning” project took place in Quy Nhon, with the participation of Construction Joint Stock Company 47 (CC47), Vu Phong Energy Group, Xanh Yeu Thuong(*), AI Education, and SUN Edu. This project is a multi-party collaboration initiated to commemorate the 50th anniversary of CC47. It aims […]

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renting-robotic-arms

Renting robotic arms to optimize production – Zero investment solution

Robot as a Service (RaaS) solution – A zero investment automation option to help businesses optimize costs, improve production efficiency, and minimize workplace accidents without large upfront investment. In modern manufacturing, robotic arms have become essential tools. These automated systems enhance efficiency, improve accuracy, and reduce errors in production processes. Robotic arms are commonly used in various sectors such as […]

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vu-phong-magazine-september-2024

Vu Phong Magazine September 2024: Development Cooperation For Green Transition

Vu Phong Magazine for September 2024 highlights key activities of Vu Phong Energy Group in driving green transition and digitalization, with a special focus on our participation in the GRECO 2024 exhibition. Read now: Desktop Version: Read Magazine Mobile Version: Read Magazine September 2024 was marked by many notable Vu Phong Energy Group activities promoting green transition and digitalization, working […]

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greco-2024

Vu Phong Energy Group participated in GRECO 2024: Solutions for green transition and digital transformation

At the opening event of “The 2nd Green Growth Show – GRECO 2024,” in the space managed by the Saigon Hi-Tech Park (SHTP), Vu Phong Energy Group’s exhibition space attracted significant attention from delegates and visitors. The exhibition featured solutions for 100% renewable energy use, promoting green transition and digital transformation. GRECO 2024 continues until September 25, 2024, on Nguyen […]

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100-use-of-renewable-energy

100% Use of Renewable Energy: Is It Easy or Difficult for Businesses?

In the context of globalization and increasing pressure for sustainable development, transitioning to 100% renewable energy has become an essential goal for manufacturing businesses. But the question is: How should businesses implement this to achieve the goal? The Benefits of 100% Renewable Energy Switching to renewable energy not only helps businesses minimize negative environmental impacts but also offers economic benefits. […]

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the-draft-electricity-law-amended

Vu Phong Energy Group Representative Contributes to Refining the Draft Electricity Law (Amended)

Recently, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, participated in and contributed his insights during a seminar to discuss the refinement of the Draft Electricity Law (Amended). The National Assembly Committee on Science, Technology, and Environment organized the seminar in collaboration with the Vietnam Chamber of Commerce and Industry (VCCI). […]

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vu-phong-magazine-august-2024

Useful information and insights on green transition | Vu Phong Magazine August 2024

Vu Phong Magazine August 2024 brings you updates on the outstanding news and activities of Vu Phong Energy Group, demonstrating our pioneering role in renewable energy and sustainable development. We invite you to read the August 2024 issue of Vu Phong Magazine: Desktop version: Read Magazine Mobile version: Read Magazine One of the month’s highlights is Vu Phong Energy Group’s […]

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the-impact-of-rooftop-solar-power-systems-on-businesses

The impact of rooftop solar power systems on businesses

In today’s business environment, renewable energy, particularly solar power, is emerging as an essential trend. With numerous outstanding benefits, adopting solar power systems not only helps businesses save on costs but also offers significant additional impacts. Advantages of Solar Power Systems for Businesses Installing a solar power system can significantly reduce a business’s monthly electricity expenses, increasing profitability. With solar […]

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the-green-economy-with-net-zero-workshop-at-vifa-asean-2024

Coordination and Sharing at the “Green Economy with Net-zero” Workshop at VIFA ASEAN 2024: The Path Toward Net Zero

On the afternoon of August 27, 2024, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, participated as both a speaker and moderator at the “Green Economy with Net Zero” workshop held during the VIFA ASEAN 2024 exhibition. This event introduced green transition solutions, aimed at helping the furniture and wood processing […]

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Emissions Trading System (ETS): A Comprehensive Look at Design, Impact, And Challenges

The Emissions Trading System (ETS) is a key tool in controlling pollution and promoting sustainable development. This article provides an overview of how ETS works, its economic impact, and its challenges. Introduction to the Emissions Trading System (ETS) The ETS is a market-based mechanism commonly used in mandatory carbon markets established by nations. It is designed to control greenhouse gas […]

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the-connection-between-esg-and-sdgs

The Connection Between ESG And SDGS: Towards Sustainable Development

In the context of increasing globalization and climate change, businesses need to focus not only on profitability but also on social and environmental responsibility. The United Nations’ Sustainable Development Goals (SDGs) and Environmental, Social, and Governance (ESG) standards are two key concepts in promoting sustainable development. While these concepts differ, they are closely linked. Understanding SDGs and ESG The Sustainable […]

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vu-phong-magazine-july-2024

Comprehensive Solutions For Businesses Moving Towards Net-Zero | Vu Phong Magazine July 2024

In the July 2024 edition of Vu Phong Magazine, we highlight practical activities that accompany businesses in their green transition. This includes measurement platforms and rooftop solar project transfer solutions, alongside various activities by Vu Phong Energy Group, our member and associated aimed at reducing greenhouse gas emissions. On the journey to reducing emissions, businesses must systematically implement projects and […]

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renewable-energy-certificates-i-recs

Trading Renewable Energy Certificates (I-RECs): Great potential for renewable energy projects

Renewable Energy Certificates (I-RECs) are becoming increasingly important in the global context of rising demands for energy transparency and commitment to greenhouse gas reduction. For renewable energy projects, I-RECs serve as proof of clean energy production and unlock new financial potential. This article explores the significance of I-RECs, how they support Scope 2 greenhouse gas reductions, their financial benefits, and […]

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Renewable Energy: Breakthroughs Around The World

The year 2024 has been remarkable for significant advancements in the renewable energy sector. These improvements help reduce carbon emissions and drive the sustainable development of the global economy. In this article, we will highlight some of the most notable advancements. Outstanding technological innovations Energy storage technology Solid-state batteries: Technology has substantially progressed, enhancing performance and reducing energy storage costs. […]

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Transferring solar power projects

Transferring solar power projects: Process, Benefits, and Investment opportunities

Transferring solar power projects brings economic benefits, promotes sustainable development, and reduces carbon emissions. This process allows investors to access completed and efficiently operating projects, saving time and resources compared to building new ones. Additionally, transferring projects enables businesses to focus on their competitive strengths. This article is about the process and investment opportunities with Vu Phong Energy Group for […]

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Journey to Net-Zero

Journey to Net-Zero: Practical Solutions for Businesses

As major markets implement policies to drive the transition, measuring and transparently reporting emission reductions are essential to every company’s journey to Net-Zero. This article provides an overview of the necessary steps, from calculating emission baselines and data management systems to digital transformation. Additionally, it suggests effective and practical methods for manufacturing businesses. 1. Implementation methodology for businesses aiming for […]

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Corporate Contributions to Environmental Protection: A Key Element of ESG

To achieve sustainable development, businesses must prioritize the environmental aspect of ESG. This article will analyze measures companies can take to protect the environment. Vu Phong Energy Group takes a proactive approach to anti-epidemic and customer service ESG: The guiding principles for Sustainable Business Development | Vu Phong Magazine June 2024 Why is the environmental aspect often a focus for […]

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overview-of-rooftop-solar-power

Overview of rooftop solar power: Opportunities for businesses

Rooftop solar power is one of Vietnam’s fastest-growing renewable energy sources, especially as the world strives toward sustainable development goals. While this transition offers numerous opportunities, Vietnamese businesses face challenges quickly aligning with the green shift trend. The Importance of Solar Power Developing solar power brings significant benefits not only to the environment but also to the economy. According to […]

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Magazine June 2024_cover

ESG: The guiding principles for Sustainable Business Development | Vu Phong Magazine June 2024

In addition to activity updates, the June 2024 issue of Vu Phong Magazine will provide readers with essential knowledge on practicing ESG (Environmental, Social, and Governance) to achieve Net-Zero sustainably. This includes an overview of global ESG implementation and commonly used reporting frameworks. In June, Vu Phong Energy Group and our member, VP Carbon, undertook several activities in collaboration with […]

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Carbon Credit and Carbon Offset _Cover

Carbon Market: The Difference Between Carbon Credit and Carbon Offset

“Carbon Credit” and “Carbon Offset” are often used interchangeably in discussions about carbon credits. However, these terms have distinct differences in market and exchange mechanisms. Businesses and organizations should understand these differences to view these emerging markets comprehensively. So, what exactly are these differences? Let’s explore in the following article! Introduction to Carbon Credit and Carbon Offset In the context […]

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esg-sustainable-development-foundation-for-businesses

ESG: Sustainable development foundation for businesses

Implementing ESG practices are becoming a crucial focus for many businesses. However, a comprehensive understanding of ESG practices and the appropriate reporting frameworks companies can use to measure long-term ESG strategies is still a common concern. Therefore, Vu Phong Energy Group has prepared this article to help address some of these questions. Overview of ESG and reporting frameworks ESG stands […]

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talkshow-developing-rooftop-solar-power

Talkshow: “Developing rooftop solar power: Which mechanism is suitable?”

On May 10, 2024, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, participated in the Talkshow: “Developing rooftop solar power: Which mechanism is suitable?” organized by Vietnam Economic Times/VnEconomy, along with other industry experts. The speakers, including Mr. An, Pham Dang, Ms. Mai, Nguyen Phuong – Consultant for renewable energy projects […]

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increasing-value-for-enterprises

Increasing value for enterprises owning solar energy systems

In addition to environmental and social benefits, optimizing the economic advantages of rooftop solar energy systems is always a concern for businesses. Understanding this, Vu Phong Energy Group – a company with over 15 years of experience in renewable energy – introduces a value-added service package for businesses owning operational solar energy systems. Vu Phong Energy Group accompanies businesses with […]

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vu-phong-energy-group-in-april-2024

Highlight News Of Vu Phong Energy Group In April 2024

In April 2024, Vu Phong Energy Group carried out a series of strategic activities, continuing to affirm its new position, a firm commitment to sustainable development and green transition through participation and organization of significant events, as well as the implementation of new investment packages, accompanying businesses and families on their journey of emission reduction, green transition, aiming towards Net-Zero […]

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Attending the Workshop “Electricity Market Designs for Renewables in Southeast Asia”

On April 24-25, 2024, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, attended the workshop “Electricity Market Designs for Renewables in Southeast Asia.” The event took place in Bangkok, Thailand, as part of the “Clean, Affordable and Secure Energy for Southeast Asia” (CASE) project, co-organized by GIZ and the Southeast Asia […]

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the-potential-of-the-carbon-credit-market-in-hcm

The Potential Of The Carbon Credit Market In Ho Chi Minh City

On April 22, 2024, the Ho Chi Minh city Institute for Development Studies (HIDS) organized a scientific seminar titled: “Development of the carbon credit market in Ho Chi Minh City.” The event attracted participation from businesses, experts, and scientists… During the three-hour session, the advisory board implemented “Resolution No. 98/2023/QH15 of the National Assembly on piloting certain mechanisms and policies […]

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the-carbon-credit-market

Businesses must proactively participate in the carbon credit market

Many large corporations have come to Vietnam to purchase carbon credits through financial mechanisms, while reducing emissions for Vietnamese businesses is an essential requirement in the global game. Without preemptive preparation, Vietnamese enterprises risk being slow and paying a high price, even facing survival risks against the “green barriers”. Many “key players” support the carbon credit market and green transitioning […]

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vu-phong-magazine-may-2024

Carbon Credits And What You Need To Know | Vu Phong Magazine May 2024

Explore information about carbon credits, approaches, and integration of voluntary and mandatory markets, and look back at Vu Phong Energy Group’s activities. All this and more in the May 2024 edition of Vu Phong Magazine. Our continuous efforts at Vu Phong Energy Group and our subsidiaries are dedicated to achieving a seamless and effective green transition for our partners and […]

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Gap go cong dong DMST_2803_3

Chairman of the BODs of Vu Phong Energy Group met and shared with Ho Chi Minh City leadership and community of innovation and creativity

On the morning of March 28, 2024, the People’s Committee of Ho Chi Minh City (HCMC) organized a program to meet with the community of innovation and creativity in HCMC. Attending the program, Mr. Phong, Pham Nam – Chairman of the Board of Directors of Vu Phong Energy Group – along with some experts in the community of innovation and […]

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Greenhouse gas inventory and carbon neutrality consulting services – Net Zero for businesses

Greenhouse gas inventory is the first important step in helping businesses understand their emission situation, thereby developing reasonable and effective plans to reduce greenhouse gas emissions. What are greenhouse gas and which businesses need greenhouse gas inventory? Greenhouse gas & greenhouse gas inventory According to the Environmental Protection Law (issued on November 17, 2020), greenhouse gas are gas in the […]

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charging station installation

Become a partner in electric vehicle charging station installation – No investment cost

The global trend of using electric vehicles globally and in Vietnam opens up strong growth prospects for public electric charging services to serve green vehicles soon. Becoming a partner in installing electric vehicle charging stations with Vu Phong Energy Group requires no investment, and partners will share revenue from this potential market. How do we cooperate in installing electric vehicle […]

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Vu Phong Celebrates 15 Years

Celebrating 15 years of Vu Phong Energy Group

On February 27, 2024, Vu Phong Energy Group officially celebrated the 15th anniversary, a significant milestone in the mission journey of “Develop clean energy for the green environment and sustainable development”. The anniversary ceremony, themed “New Position – New Motivation”, was attended by over 100 guests, including strategic shareholders, partners, customers… and the entire Vu Phong Energy Group team. It […]

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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

Unlocking Vietnam’s Carbon Credit Market Potential

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. C47 prioritizes hydroelectric and irrigation projects in Vietnam and Laos Global collaboration in wind project development and implementation in Vietnam C47 Celebrated 16 […]

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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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decision-paves-way-for-solar-power-development

Solar for House: Harnessing the Power of Solar Energy for Your Home

Harnessing the sun’s limitless energy, Solar for House initiatives in 2024 have transformed residential power consumption. With advancements in photovoltaic technology, homeowners are now empowered to not only diminish their carbon footprint but also enhance their property’s value and achieve energy autonomy. The installation of solar panels is no longer just an eco-conscious choice; it’s a financially savvy move, thanks […]

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Certificate REC

Overview of Renewable Energy Certificate (REC)

Renewable Energy Certificates (RECs) have emerged as a powerful tool in the global drive towards a sustainable energy future. These market-based instruments serve as a tradable record of the environmental attributes associated with renewable energy generation. By facilitating the purchase and sale of RECs, RECs incentivize the production of clean energy, reduce greenhouse gas emissions, and promote the growth of […]

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what-is-epc-contract

What is EPC Contract? Everything You Need to Know

This composition will elucidate the concept of an EPC contract, delineate the duties of an EPC general contractor, and highlight the manifold advantages that an EPC contract offers to 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” […]

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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. Flexible Rooftop Solar Power: A New Trend Florida utility aims to build world’s biggest […]

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

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

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Power Purchase Agreement

Unlock Cost-Effective Solar Power with Vu Phong Energy Group PPA Model

What is the PPA (Power Purchase Agreement) Model? The PPA model, a cornerstone of the Vu Phong Energy Group’s operations, is a contractual framework that facilitates the buying and selling of energy. This long-term agreement, spanning 10 to 25 years, is established between an electricity producer and a consumer. It enables customers to enter into power purchase agreements with third-party […]

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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

Rooftop Solar: Powering Vietnam’s Green 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. Clean energy solution for the plastic industry VP cooperates […]

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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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Vu Phong Energy Group in October 2023

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 Engagement with […]

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VP-Carbon-Solutions

Established VP Carbon: Leading the Way in Emission Reduction

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

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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 & Electricity Emissions: What Businesses Need to Know

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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CBAM

Preparing for CBAM: How Vietnamese Businesses Can Adapt

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,… CBAM & Electricity Emissions: What Businesses Need to Know Ho Chi Minh City needs a breakthrough development mechanism […]

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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. Vietnam Energy and Technology Forum […]

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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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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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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. Developing Renewable Energy in Ho Chi Minh City 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 […]

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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. Electricity Consumption in the Industrial Sector The industrial sector is the nation’s largest energy consumer, accounting for over 50 […]

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

VP Energy Installs 1.5 MW Solar Roof for Chien Thang

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. Collaboration for rooftop solar power […]

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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 carbon capture and storage? 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 under the […]

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reducing-emissions

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

HCMC Installs Rooftop Solar on 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. Many opportunities for energy collaboration […]

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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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Quality Assurance in Solar Power System Installation

The Importance of Quality Assurance in Solar Power System Installation

Quality Assurance in Solar Power System Installation is paramount in harnessing the sun’s energy, a choice increasingly favored by households and businesses alike. This low-risk, cost-effective investment not only promises significant savings on electricity bills but also the potential to augment income. Nevertheless, the cornerstone of leveraging solar power lies in the assurance of superior construction quality, coupled with the […]

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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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What are the advantages of businesses pursuing sustainable development?

Sustainable development is known as a way of helping businesses to remain competitive in the market. And what are the unique advantages of enterprises moving toward sustainable development? Impressive textile factories rooftop solar power system Assessing Sustainable Development: Principles and Criteria From the urgent requirement of practice A sustainable development strategy that is closely linked to business goals is seen […]

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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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Vu Phong Energy Group’s outstanding activities in April 2023

Vu Phong Energy Group 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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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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