The European Union’s CBAM (Carbon Border Adjustment Mechanism) is set to reshape international trade, with its transitional phase beginning on October 1, 2023. This critical environmental trade policy introduces carbon taxes on imported goods entering the EU, based on their production-related greenhouse gas emissions. For Vietnamese businesses, particularly those heavily involved in export sectors such as steel, aluminum, and cement, […]
On August 29, 2023, a pivotal seminar titled “Discussion on the energy transition roadmap towards 100% renewable energy Vietnam and Net Zero in Vietnam” brought together leading experts and industry figures. This significant event focused on crafting robust policy recommendations to achieve Vietnam’s ambitious goal of 100% renewable energy by 2050. Underscoring the collaborative effort, Mr. An, Pham Dang, Deputy […]
Carbon Capture and Storage (CCS) technology is increasingly recognized by international experts as a pivotal solution for achieving net-zero emissions. This comprehensive guide delves into the intricate processes of CCS, its vital role in global decarbonization efforts, and the innovative advancements shaping its future. We will explore how this critical climate change solution works, from capturing CO2 emissions at their […]
In today’s global landscape, reducing emissions and achieving carbon neutrality have transitioned from aspirational goals to fundamental necessities for businesses worldwide. Driven by robust governmental commitments and evolving international regulations, companies that prioritize sustainable practices are not just contributing to environmental well-being; they are securing their market position and enhancing competitiveness. This article explores the imperative journey towards a net-zero […]
A significant development in Ho Chi Minh City rooftop solar initiatives has been announced, marking a crucial step towards sustainable urban development. The National Assembly recently approved Resolution No. 98/2023/QH15, a landmark policy enabling administrative agencies and public service units across Ho Chi Minh City to install rooftop solar power systems. This strategic move is poised to create an additional […]
The Vu Phong AGM 2023, the Annual General Meeting of Shareholders for Vu Phong Energy Group, successfully convened on the afternoon of June 23, 2023, at its representative office in Ho Chi Minh City. This pivotal event served to update shareholders and key stakeholders on the company’s robust performance in 2022, outline ambitious operating plans for 2023, and announce significant […]
Vinamilk Carbon-Neutral Vietnam represents a significant milestone in sustainable dairy production, marking the first time a Vietnamese dairy company has achieved Carbon-Neutral certification for both its factory and farm. This pioneering accomplishment by Vinamilk, specifically at its Nghe An facility, underscores a deep commitment to environmental responsibility and positions the company as a leader in the nation’s green transition. By […]
Emissions reduction has become a global imperative, with over 100 nations at the COP26 conference committing to significant cuts in greenhouse gases, including a focus on methane and achieving Net Zero. This commitment underscores a worldwide shift towards low-carbon economies, essential for mitigating climate change and securing a sustainable future. Vu Phong Energy Group is dedicated to clarifying these critical […]
