With Vietnam’s strong commitment at COP26 to achieving Net-Zero emissions by 2050, the green transition is no longer an option but an urgent requirement for enterprises. In this context, energy-saving solutions and the shift towards renewable energy have become essential strategies that enable companies to meet international standards while optimizing costs. Vu Phong Energy Group’s Zero Capex Solar solution (PPA), […]
On October 22, 2024, Decree No. 135/2024/ND-CP, which regulates mechanisms to encourage the development of self-production and self-consumption rooftop solar power, was issued, bringing new potential to accelerate the green transition in Vietnam. To provide an accessible overview, the October 2024 edition of Vu Phong Magazine has summarized key points from Decree No. 135 for businesses, helping readers quickly grasp […]
To promote renewable energy use and minimize environmental impact, the Government of Vietnam issued Decree No. 135/2024/ND-CP on October 22, 2024, which establishes and encourages the development of self-production and self-consumption rooftop solar power. This decree represents an important step toward realizing the strategy for sustainable energy development. Key points of Decree No. 135/2024/ND-CP 1. Scope and applicability: Decree No. […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
In March 2024, several strategic activities took place, including the participation of Mr. Phong, Pham Nam – Chairman of the Board of Directors of Vu Phong Energy Group – in a program to meet with the community of innovation and creativity in Ho Chi Minh City (HCMC) organized by the People’s Committee of HCMC. Repositioning the member company – VP […]
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 […]
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 […]
In 2023, global CO2 emissions related to energy increased by 410 million tons – equivalent to a 1.1% rise; lower than the increase of 490 million tons (1.3%) in 2022. According to the IEA, clean energy technologies (solar energy, wind, nuclear energy, heat pumps, and electric cars) played a crucial role in reducing emission growth during the period 2019-2023. Nearly […]
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 […]
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 […]
The carbon credit market is emerging as a critical component in the global effort to mitigate greenhouse gas emissions. This market is experiencing a significant uptick in activity, characterized by an increase in both the number and diversity of trading exchanges and institutions. As we delve deeper into this article, we will explore a range of intriguing details about carbon […]
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 […]
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 […]
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, attended and participated in the panel discussion as part […]
As of October 1, 2023, the EU’s Carbon Border Adjustment Mechanism (CBAM) has officially entered its transition phase. Iron and steel is one of the first six industries to be impacted by the CBAM during this initial phase. The ‘greening’ challenge for iron and steel industry enterprises The transition phase of the CBAM runs from October 1, 2023, to December […]
Vu Phong Energy Group collective stepped into September 2023 with excitement and abundant energy, initiating a meaningful sharing session to create an ideal work environment. This session occurred at the new office of Vu Phong Energy Group in Ho Chi Minh City – a more extensive, modern building located at 19 D8 Street, Caric Residential Area, An Khanh Ward, Thu […]
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: […]
With accompanied by Vu Phong Energy Group and JCI Dalat, TheLIGHT project under JCI East Saigon recently embarked on a journey filled with meaningful and memorable. Their mission is to provide solar power to the underprivileged residents of Makar, a remote community in Da Quyn commune, part of an ethnic minority and mountainous region in Duc Trong district, Lam Dong […]
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 […]
The Annual General Meeting of Shareholders 2023 was successfully held on the afternoon of June 23, 2023, at the representative office at 61 Cao Duc Lan, An Phu Ward, Thu Duc City, Ho Chi Minh City. Vu Phong 2023 AGM: A Successful Gathering The meeting got a report on the Board of Directors’ activities in 2022 as well as the […]
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 […]
Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group, shared information on job opportunities in the renewable energy industry in the context of sustainable development at the workshop. On June 3, 2023, the workshop was held as part of the Social Impact Career Fair event at the University of Social Sciences and Humanities, National University of Ho […]
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 […]
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. Vu Phong: 1MWp Solar Power Project in Binh Phuoc Various Activities of Vu Phong Energy Group in […]
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 […]
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 […]
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 […]
The BK Marathon 2022 was held on October 23, 2022, with a large number of athletes participating. This is a large-scale sporting event held by the Ho Chi Minh City University of Technology (HCMUT – Bach khoa) – Vietnam National University Ho Chi Minh City in collaboration with the Representative Board of Bach Khoa Alumni (BKA) Community on the occasion of the […]
SolarV solar generators with super bright, eco-friendly LED lights were recently granted to nearly 20 underprivileged households in Tra Tro hamlet, Ham Giang commune, Tra Cu district, and Tra Vinh province. This meaningful sharing activity is part of The LIGHT project, which JCI East Saigon implements with the companionship of Vu Phong Energy Group. Vu Phong Energy Group will donate […]
A signing ceremony for establishing a collaboration connection between the Engineering and Technology – Hue University and Vu Phong Energy Group Joint Stock Company was held on the afternoon of March 18, 2022, at Hue University. Mr. Tho, Phan Ngoc, Deputy Secretary of the Provincial Party Committee, and Mr. Binh, Nguyen Thanh, Member of the Standing Committee of the provincial […]
Installing solar panels for residential use has emerged as a popular solution for homeowners seeking to reduce their reliance on traditional electricity sources and achieve energy self-sufficiency. During the recent lockdown period, many residents of Kerala were caught off guard by unexpectedly high electricity bills, prompting them to explore alternative, cost-effective options. Solar panels offer a sustainable and financially viable […]
Solar greenhouses are a revolutionary idea that has evolved at a time when the globe is struggling to adapt to the issues of climate change and ensuring food distribution. This unique method, which is also referred to as agrivoltaics, combines conventional greenhouse agriculture with the generation of solar energy, ultimately resulting in the creation of a mutually beneficial system that […]
Continue the path of sharing, Vu Phong Energy Group has transmitted positive energy to the community via practical measures to join hands rapidly overcoming the “storm” of Covid-19, win the pandemic. Vu Phong Energy Group donated VND 100 million for the first phase which will be used to purchase a Covid-19 vaccine Vu Phong Energy Group takes a proactive approach […]
Vietnam is closely monitoring the fourth wave of the Covid-19 pandemic. Vu Phong Energy Group has implemented numerous epidemic prevention measures, joining forces with the entire country to combat the epidemic as quickly as possible while still providing the best customer service. Starting June 1, 2021, all employees will work from home, using digital tools and online meetings to prevent […]
On May 27, 2021, at the Administrative Center in Binh Duong, Vu Phong Energy Group JSC (Solar & Wind Power) donated VND 100 million (phase 1) to the COVID-19 vaccination Fund to purchase vaccines against Covid-19 through the Vietnam Fatherland Front Committee of Binh Duong province in response to the launch of the COVID-19 pandemic-prevention fundraising campaign during the peak […]
October 2020: Vu Phong will donate 50 SolarV solar lights to a significant community support project: the building of 50 toilets for 50 individual households with young girls in Hong Ha commune, A Luoi district, Thua Thien – Hue province. This is a new project of The Development of Vietnam Endeavors Fund (D.O.V.E Fund). As a result, the D.O.V.E Fund […]
