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 […]
“Reducing Carbon footprint towards Net Zero” is the theme launched by the World Wide Fund for Nature (WWF) in the 2024 Earth Hour Campaign (taking place from 8:30 p.m. to 9:30 p.m. on March 23, 2024). Originating from a lights out event in Sydney, Australia 2007, Earth Hour – initiated by WWF – has become an annual global movement for […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Recognize RECs to contribute to the development of renewable energy, to reach 100% renewable energy and the Net Zero objective in Vietnam. This perspective was offered by Mr. An, Pham Dang, Director of VP Carbon and Deputy General Director of Vu Phong Energy Group, at a Seminar on the transition to net-zero emissions on November 7, 2023. Understanding the Significance […]
An International Renewable Energy Certificate (I-REC) is a type of Energy Attribute Certificate (EAC). It can be used to promote renewable energy production and reduce greenhouse gas emissions. What is a Renewable Energy Certificate (REC)? Concept of Renewable Energy Certificate (REC) A Renewable Energy Certificate (REC), also known as an Energy Attribute Certificate (EAC), is a certificate used to demonstrate […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
International experts recognize Carbon Capture and Storage (CCS) technology as a critical intermediate and long-term solution to achieve net-zero emissions. Understanding 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 seabed,… […]
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 […]
“In terms of policy, I believe that self-consuming rooftop solar has a tremendous opportunity ahead of it. Many factories in industrial zones have yet to install rooftop solar systems,” shared Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group, in June 30, 2023, in the panel discussion “The lessons learnt from the pioneer investors” at the Forbes […]
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 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 […]
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 […]
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 […]
The Board of Directors of Construction Joint Stock Company 47 (HOSE: C47), an associated company of Vu Phong Energy Group, presented the business plan for 2023 to the General Meeting of Shareholders at the Annual General Meeting (AGM) of Shareholders in 2023, with total revenue of 1,000 billion VND, after-tax profit of 25 billion VND, and a minimum dividend payout […]
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,” […]
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 […]
Ho Chi Minh City has the potential to be pioneering in achieving emission reduction targets, the neutrality of greenhouse gas emissions, and the increased use of renewable energy. However, the locality requires some groundbreaking development mechanisms to exploit this potential fully. The Ho Chi Minh City National Assembly Delegation held a Meeting on March 30 to discuss and comment on […]
In the context of an increasing number of businesses choosing to use solar power to reduce emissions and carbon footprint in their production activities, the PPA (Power Purchase Agreement) model pioneered by Vu Phong Energy Group is highly regarded for its practical and effective benefits. With this model, Vu Phong has developed and transferred a series of rooftop solar power […]
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 […]
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. Vietnam Nippon Seiki Co., Ltd is a Nippon Seiki (Japan) subsidiary. With nearly 80 years of development, […]
The demand for sustainable and renewable energy sources has never been greater. As we strive to reduce our carbon footprint and transition to a greener future, innovative solutions like transparent solar panels are gaining traction. These cutting-edge devices offer a unique approach to harnessing solar energy, combining functionality with aesthetics. In this article, we will explore the latest advancements in […]
Sustainable development, according to Agenda 21, is defined as development that meets the needs of the current generation without jeopardizing future generations’ ability to meet their own needs. It is a well-balanced development in terms of socioeconomic and environmental factors… Economically sustainable development Economically sustainable development is defined as rapid, safe, and high-quality growth in all aspects of the economy […]
In pursuit of global climate goals, a massive congregation of over 400,000 delegates, symbolizing world leadership, convened at COP27. This followed the firm pledges made at COP26. Their unified objective was to brainstorm and identify effective strategies to accelerate actions towards meeting their commitments and tackling the universal challenge of climate change. COP26: Joint voice to protect the future of […]
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 […]
Utilizing renewable energy and embracing sustainable manufacturing practices is a prevalent global trend, especially among major firms and brands. Also available is Kem Nghia (Nghia Nippers), a national brand that is now among the world’s leading manufacturers and sellers of specialized nail tools. Many businesses develop smart, modern and sustainable factories Handover of solar power system at Kem Nghia factory […]
The Future Energy Show Vietnam 2022, a large-scale energy event attended by a substantial number of leading experts, energy leaders, and prestigious brands, took place in Ho Chi Minh City on July 13 – 14, 2022. The Future Energy Show Vietnam 2022: A Gathering of Experts The Future Energy Show Vietnam conference and exhibition has returned after a three-year absence […]
As of 2020, 733 million people without electricity, and 2.4 billion people continue to cook with damage to health and the environment’s fuels. At the present rate, it is estimated that by 2030, 670 million people will be unserved. The following metric is from the Tracking SDG 7 – The Energy Progress Report 2022, which was co-conducted by the International […]
In September 2015, the United Nations General Assembly adopted the 2030 Agenda, which comprises 17 sustainable development goals aimed at eradicating poverty, protecting the planet, and promoting prosperity for all. Vu Phong Energy Group invites you to learn more about the context, detailed content of the goals, and Vietnam’s achievements in implementing them. The History of Sustainable Development The first […]
Sustainable development is recognized as an inevitable trend in the global development process. What is the difference between development and sustainable development exactly? Circular economy development – An inevitable trend for green growth goal Circular economy – The foundation for Vietnam’s sustainable development What are the advantages of businesses pursuing sustainable development? The concept of development and sustainable development To […]
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 […]
Sustainable development is a world goal that requires the cooperation of all people. As a result, the United Nations has included a goal of global collaboration in the Sustainable Development Goals (SDGs). That is Goal 17 – Partnerships for the goals. According to the National SDGs Report 2020 – the forecast of the ability to complete the SDGs by 2030, […]
Engineers from Vu Phong Tech – Vu Phong Energy Group gradually mastered the technology and consistently achieved excellent results in the operation and maintenance of the BIM 2 Solar Power Plant (Thuan Nam, Ninh Thuan) via initiative and professionalism. The solution to optimizing the performance of operating solar farms Excellent operation of BIM 2 Solar Power Plant for three consecutive […]
Climate change is not just an urgent global threat, but also an existential threat for all species, according to a series of publications published by the United Nations and international organizations. The climate crisis is the most serious long-term risk, according to the “Global Risk Report 2022.” Climate change action has been placed under the group of universal goals to […]
Construction Joint Stock Company 47 (HOSE: C47) – an associate company of Vu Phong Energy Group – successfully held the Annual General Meeting of Shareholders (AGM) 2022 on April 24, 2022, at Hai Au Hotel Bien Cuong, City. Quy Nhon, Binh Dinh. The cooperation of Vu Phong Energy Group, C47 and INTRACO towards sustainable development goals Associated company of Chairman […]
In November 2021, Vu Phong Energy Group, Construction Company 47 (C47), and INTRACO signed a Memorandum of Understanding (MOU) on “Providing clean drinking water stations and reducing greenhouse gas emissions projects” toward the Sustainable Development Goals. It includes Goal 6 – Ensure availability and sustainable management of water and sanitation for all. Goal 6 is one of a series of […]
Goal 8 (SDG8) of the United Nations’ 17 Sustainable Development Goals (SDGs) aspires to promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. According to “The National Report 2020: Five-year progress of Sustainable Development Goals implementation” (SDG National Report 2020) published by the Ministry of Planning and Investment in October 2021, Vietnam will […]
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 […]
Goal 7 of the United Nations’ 17 Sustainable Development Goals (SDGs) ensures that everyone has access to affordable, dependable, sustainable, and modern energy. Many government Decisions and Resolutions in Vietnam have established the content and path for implementing Goal 7 as well as all 17 Sustainable Development Goals. Goal 7 is also the first of the Sustainable Development Goals (SDGs) […]
Sustainable development is gaining traction on a global scale. Members of the United Nations, including Vietnam, have worked hard to incorporate the goals of the 17 Sustainable Development Goals into their socio-economic development policies. Vu Phong Energy Group is committed to sustainable principles and works with others throughout the world to accomplish the goals of environmental protection, peace, and prosperity, […]
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 […]
Meet Todd Karin, a postdoctoral researcher at Lawrence Berkeley National Laboratory and a savvy clean-energy customer in California’s Bay Area. The project of a 30 kWp EPC residential solar system in Binh Dinh The project of a 20 kWp, EPC residential solar, Tay Ninh Adding Solar and Storage to Homes Last year, Todd decided to add solar and energy storage […]
There are smart tiny home, and then there are micro-units that make a standard tiny home look like a mansion. Ecocapsule announced Space, an off-grid micro-unit with the “attractive design of a giant egg,” as the company describes it, earlier in June. Smart tiny home is only 68 square feet Ecocapsule is headquartered in Bratislava, Slovakia. In 2018 it released the […]
According to the Solar Energy Industry Association’s Solar Market Insight Report, solar has been one of the top two renewable energy sources in the US for the sixth year in a row. What are the advantages of businesses pursuing sustainable development? Four price framework options for transitional wind and solar power projects In 2018, the residential market for solar energy […]
