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 […]
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. […]
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 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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
After riding a wave of success, with exports surging nearly 20% in the first nine months of 2022, Vietnam’s textile industry now faces a changing tide. The unparalleled growth, the highest in over a decade, is predicted to encounter headwinds in the final quarter of 2022 and potentially into the first half of 2023. Despite the looming challenges, industry experts […]
