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 […]
On September 15, at Tan Phu Trung Industrial Park, Cu Chi, Ho Chi Minh City, the handover ceremony of a 2.23 MWp rooftop solar power system of the factory of Kem Nghia (Nghia Nippers Corporation) took place. The ceremony was attended by Mr. Tu, Tran Minh – Deputy General Director of Kem Nghia; Mr. Thuong, Duong Van – Head of […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
Tetra Pak achieved an 84% renewable energy consumption rate in 2022 with 8.47 MW of solar power installed throughout their operations. Tetra Pak is taking another step in using renewable energy, reducing greenhouse gas emissions, and minimizing their carbon footprint in production operations by operating a 1.23 MWp solar power system on the roof of their factory in Binh Duong […]
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 […]
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 […]
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,” […]
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 […]
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 […]
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 […]
The International Energy Agency (IEA) has revised projections for the increase of renewable energy sources, predicting an almost 2,400 GW increase between 2022 and 2027. Notably, this is the IEA’s highest revision increase yet, about 30% higher than the prediction issued at the end of 2021. IEA: Global renewal power will reach 4,800 GW in the next 5 years Proactive […]
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 […]
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 […]
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 […]
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 […]
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 […]
Solar power system with a capacity of 3,39 MWp, using 7,542 high-efficiency solar panels and 27 110 kW inverters, installed at Vietnam Dairy Factory – the most modern mega factory in Vietnam and the area, with the most modern integrated and automatic technology in the world. Vinamilk is known as a strong and typical national brand, with a success story […]
Many footwear businesses are promoting the greening of their manufacturing processes, as well as on the adoption of green standards and regulations the origin of goods to take opportunities of the FTAs. Growth prospects in the period 2022-2031 Vietnam presently ranks second in the world in terms of footwear exports, behind only China, and third in terms of manufacturing, following […]
Plastic is a rapidly growing industry, growing at a rate of 16-18% per year on average, behind only telecoms and textiles. The plastics industry is likewise facing several opportunities for development and market expansion… Great opportunities for the plastics industry According to the Ministry of Industry and Trade’s Vietnam Import and Export Report 2021, the export turnover of plastic products […]
With a “greening” goal toward the circular economy model and sustainable development, many textile and apparel enterprises have invested in or collaborated with investment funds and developers to install rooftop solar power system on the factory’s roof, enabling clean energy in production. Vu Phong Energy Group has already accompanied many textile and apparel enterprises in greening their manufacturing processes and […]
Vietnam’s textile export market share now ranks second worldwide, behind only China. The signing of FTAs, notably new-generation FTAs such as CPTPP, EVFTA, and UKVFTA, has facilitated integration flows, thereby expanding Vietnam’s textile industry‘s opportunities. To preserve the place in the global supply chain, increase the competitiveness, and reach consumers in the current new trend, the textile sector has encountered […]
In August, Vu Phong Energy Group collective continues efforts in the mission “Develop clean energy for the green environment and sustainable development“. Overcoming the bad weather, we ensure project’s progress, which is in the final stage and scheduled to be finished in September. Please read Vu Phong Magazine of August 2022 at the link below Desktop Version: Read Magazine Mobile […]
Update 2022: The plant’s financier, the Asian Development Bank, is looking for project consultants. If constructed, the solar park would increase the nation’s meager electricity supply and boost the national grid technically. Vietnamese enterprises win at The Asian Power Awards 2021 Cooperation to promote carbon neutrality in Asia Construction of Cambodia’s 100 MW National Solar Park project already underway The […]
Update 2022: Sunrun made a big impression at the BNEF Summit in New York City, at a time when utilities are trying to adapt to changing conditions. Sunrun made a big impression at the BNEF Summit But, distributed energy resources have a long way to go before they can play a significant role, and we will still require other energy […]
According to the IEA (International Energy Agency), renewable energy capacity will rise rapidly over the next five years, accounting for approximately 95 percent of the increase in worldwide power capacity through 2026. Renewable power capacity will expand by more than 60% between 2020 and 2026, reaching more than 4,800 GW. International cooperation – Vietnamese enterprise’s “key” in the field of […]
People are increasingly choosing off-grid solar power systems over conventional on-grid electricity as a substitute. These self-sustaining systems are capable of supplying homes, companies, and other uses with electricity. Many people are keen to learn more about them because of their various advantages, which range from financial savings to environmental friendliness. The advantages and disadvantages of off-grid solar power systems […]
Vu Phong Tech, a technology subsidiary of the Vu Phong Energy Group, hosted a webinar on renewable energy industry solutions on September 10, 2021. The webinar drew over 300 people, including many renewable energy project investors and energy industry engineers. Webinar: Renewable energy industry solutions Energy Storage Solution (ESS) webinar and applications in Vietnam With the topic: The optimal solution […]
In the context that the world is moving towards sustainable development, many big brands in the plastic industry have implemented solutions such as using clean energy in the manufacturing process, using environmentally friendly PET raw materials, and creating and implementing a circular economy model… A new problem of the plastic industry The plastics business is a dynamic industry in Vietnam’s […]
Vu Phong Energy Group made a big move towards expanding its global brand and developing the renewable energy industry with the launch of its new English website, vuphong.com, on June 19th, 2021. This website will provide a platform for Vu Phong to showcase its expertise in the field of renewable energy and to connect with potential partners and customers from […]
With over 12 years of experience (since 2009), Vu Phong Energy Group JSC (Solar & Wind Power) is known as the leading professional solar EPC contractor in Vietnam, has made its mark with a series of high-quality and aesthetically pleasing solar power projects. EPC Contracts Explained: Everything You Need to Know 3 critical factors that contribute to the quality of […]
From March 9, 2021, Vu Phong Solar Power Joint Stock Company officially changed its name to Vu Phong Energy Group Joint Stock Company (Vu Phong Energy Group Joint Stock Company), abbreviated as Vu Phong Energy Group JSC. This name change aligns with Vu Phong’s future business goals as it participates in the development of various areas of the renewable energy […]
How does solar power work? Converting sunlight to electrical power Solar power cells convert sunlight into electricity, using the energy of speeding photons to create an electrical current within a solar panel. Photons are created in the center of the sun by the fusion of atoms. It takes a photon about a million years to work its way to the surface […]
Some of the bizarre things we do as a race on this planet include refining and overcomplicating things. We’re never happy with leaving things be, and we frequently prefer elaborate conspiracy theories to reality. Vu Phong and our customers, partners join hands to invest in our planet Green hydrogen – a clean energy storage solution Green Hydrogen for Sustainable Energy […]
Tinted Solar Panels and the Future of
