On April 15, 2025, Deputy Prime Minister Bui Thanh Son signed Decision No. 768/QĐ-TTg, approving adjustments to Vietnam’s National Power Development Plan for the period 2021–2030, with a vision to 2050 (PDP VIII). Key development perspectives The adjusted PDP VIII outlines five core development perspectives: Electricity as a pivotal infrastructure sector: Recognizing electricity as a critical infrastructure, the plan emphasizes […]
On March 4, 2025, the Government issued Decree No. 61/2025/ND-CP, which provides detailed provisions under the Law on Electricity regarding electricity licenses. This decree becomes effective immediately upon signing and is expected to facilitate the operations of businesses in the electricity sector while enhancing transparency and the efficiency of energy sector management. Scope and applicability Decree No. 61/2025/ND-CP applies to […]
On March 3, 2025, the Government issued Decree No. 58/2025/ND-CP, which sets forth new detailed provisions under the Law on Electricity concerning the development of renewable energy and new energy. This decree not only establishes incentive mechanisms but also provides specific regulations to optimize the development of clean energy sources, particularly rooftop solar power. Key points of Decree No. 58/2025/ND-CP […]
On March 3, 2025, the Government issued Decree No. 57/2025/ND-CP, regulating the direct electricity trading mechanism between renewable energy generators and large electricity consumers. This is a significant step forward in promoting renewable energy adoption and enabling businesses to access clean electricity directly. Two methods of direct electricity trading According to the Decree, direct electricity trading refers to transactions conducted […]
On March 3, 2025, the Government issued Decree No. 56/2025/ND-CP, which provides detailed provisions and implementation guidelines for certain articles of the Law on Electricity relating to electricity development planning, distribution network development schemes, investment in electricity projects, and the tendering process for selecting investors for electricity business projects. Scope of application and target subjects Scope of application: This decree […]
At the end of February 2025, the European Commission introduced the Omnibus proposal, aimed at simplifying regulations related to sustainability reporting and corporate due diligence. If approved, Omnibus will reduce administrative burdens for businesses, enhance competitiveness, and encourage investment within the European Union (EU). Key changes in the Omnibus proposal (expected): Corporate sustainability reporting directive (CSRD): Applicable only to companies […]
On February 24, 2025, in Bangkok, Thailand, Mr. An, Pham Dang – Deputy General Director of Vu Phong Energy Group and Director of VP Carbon – attended the Lancang-Mekong Clean Energy Development Forum 2025. At the event, he delivered a key presentation on “Renewable Energy Solutions & Net-Zero Pathways for Industrial and Urban Development,” sharing practical strategies to help businesses […]
February 27, 2025, marks the 16th anniversary of Vu Phong Energy Group – a journey of continuous growth with the mission of supporting businesses in their energy transition, reducing emissions, and moving towards Net-Zero. Overcoming numerous challenges, Vu Phong Energy Group has established ourselves as a trusted strategic partner and a pioneer in renewable energy and sustainable solutions. Starting as […]
On February 19, 2025, the Appraisal Council officially approved the adjustment of the National Power Development Plan for the period 2021-2030, with a vision to 2050 (PDP VIII). However, certain modifications and additions will be made before submission to the Prime Minister for final approval. This marks a significant milestone in ensuring the sustainable development of Vietnam’s energy sector, particularly […]
Vu Phong Energy Group’s associate company, Construction Joint Stock Company 47 (CC47), a member of the contractor consortium that includes Lung Lo Construction Corporation, Song Da Corporation-JSC, LILAMA 10 Joint Stock Company, SCI E&C Joint Stock Company, Truong Son Construction Corporation, and Vietnam Construction and Import-Export Joint Stock Corporation, has successfully won the bid and signed the contract for Package […]
As sustainable development and the green economy become a global necessity, the green transition is no longer optional but an urgent requirement for manufacturing enterprises. Policies such as the EU’s Carbon Border Adjustment Mechanism (CBAM) and Vietnam’s Decree 06/2022/NĐ-CP have introduced strict greenhouse gas (GHG) emission reduction standards. This demands that businesses not only adopt green transition solutions but also […]
As energy demand continues to rise and renewable energy sources such as solar and wind power grow rapidly, efficient energy storage and management have become critical challenges. Energy Storage Systems (ESS) have emerged as an advanced solution to balance supply and demand while enhancing energy utilization efficiency. What is an Energy Storage System (ESS)? An Energy Storage System (ESS) refers […]
The 2025 Handbook, themed “Twin Transition – Partnership for Development,” provides practical and effective solutions for a sustainable future by integrating digital transformation and green energy transition. In addition to outlining a clear roadmap to achieve Net-Zero, the handbook highlights collaborative initiatives in renewable energy while creating positive impacts for communities through projects like Green Journey – Digital Learning. Explore […]
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 […]
On October 26, 2024, the signing ceremony and official launch of the “Green Journey, Digital Learning” project took place in Quy Nhon, with the participation of Construction Joint Stock Company 47 (CC47), Vu Phong Energy Group, Xanh Yeu Thuong(*), AI Education, and SUN Edu. This project is a multi-party collaboration initiated to commemorate the 50th anniversary of CC47. It aims […]
At the opening event of “The 2nd Green Growth Show – GRECO 2024,” in the space managed by the Saigon Hi-Tech Park (SHTP), Vu Phong Energy Group’s exhibition space attracted significant attention from delegates and visitors. The exhibition featured solutions for 100% renewable energy use, promoting green transition and digital transformation. GRECO 2024 continues until September 25, 2024, on Nguyen […]
In the context of globalization and increasing pressure for sustainable development, transitioning to 100% renewable energy has become an essential goal for manufacturing businesses. But the question is: How should businesses implement this to achieve the goal? The Benefits of 100% Renewable Energy Switching to renewable energy not only helps businesses minimize negative environmental impacts but also offers economic benefits. […]
Recently, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, participated in and contributed his insights during a seminar to discuss the refinement of the Draft Electricity Law (Amended). The National Assembly Committee on Science, Technology, and Environment organized the seminar in collaboration with the Vietnam Chamber of Commerce and Industry (VCCI). […]
In today’s business environment, renewable energy, particularly solar power, is emerging as an essential trend. With numerous outstanding benefits, adopting solar power systems not only helps businesses save on costs but also offers significant additional impacts. Advantages of Solar Power Systems for Businesses Installing a solar power system can significantly reduce a business’s monthly electricity expenses, increasing profitability. With solar […]
On the afternoon of August 27, 2024, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, participated as both a speaker and moderator at the “Green Economy with Net Zero” workshop held during the VIFA ASEAN 2024 exhibition. This event introduced green transition solutions, aimed at helping the furniture and wood processing […]
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 […]
In the July 2024 edition of Vu Phong Magazine, we highlight practical activities that accompany businesses in their green transition. This includes measurement platforms and rooftop solar project transfer solutions, alongside various activities by Vu Phong Energy Group, our member and associated aimed at reducing greenhouse gas emissions. On the journey to reducing emissions, businesses must systematically implement projects and […]
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 […]
Implementing ESG practices are becoming a crucial focus for many businesses. However, a comprehensive understanding of ESG practices and the appropriate reporting frameworks companies can use to measure long-term ESG strategies is still a common concern. Therefore, Vu Phong Energy Group has prepared this article to help address some of these questions. Overview of ESG and reporting frameworks ESG stands […]
On May 10, 2024, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, participated in the Talkshow: “Developing rooftop solar power: Which mechanism is suitable?” organized by Vietnam Economic Times/VnEconomy, along with other industry experts. The speakers, including Mr. An, Pham Dang, Ms. Mai, Nguyen Phuong – Consultant for renewable energy projects […]
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 […]
“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 […]
The global trend of using electric vehicles globally and in Vietnam opens up strong growth prospects for public electric charging services to serve green vehicles soon. Becoming a partner in installing electric vehicle charging stations with Vu Phong Energy Group requires no investment, and partners will share revenue from this potential market. How do we cooperate in installing electric vehicle […]
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 […]
With a capacity of 875 MW and a storage capability of 3,287 MWh, the Edwards & Sanborn Solar and Energy Storage facility in the Mojave Desert, California, USA, has become the world’s largest solar and battery storage project. Construction of the Edwards & Sanborn Solar and Energy Storage facility began in early 2021, commenced operations in February 2023, and was […]
On January 6, 2024, Export Import Development Investment Company Limited (VIEXIM), a subsidiary of Hanoi Plastics JSC, signed a collaboration agreement with VP Energy and Vu Phong Energy Group to develop a rooftop solar power system at the factory in Yen My district, Hung Yen province. With this agreement, VIEXIM becomes the latest member of An Phat Holdings’ ecosystem to […]
Vu Phong Tech – Vu Phong Energy Group provides expert O&M services for rooftop solar power systems, support the sustainable development of business and optimizing the return on investment in clean energy. Operation and maintenance for wind power: “billion-dollar” market How to have a good operation and maintenance process? The webinar hosted by Vu Phong Tech drew more than 300 […]
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 […]
Renewable Energy Certificates (RECs) have emerged as a powerful tool in the global drive towards a sustainable energy future. These market-based instruments serve as a tradable record of the environmental attributes associated with renewable energy generation. By facilitating the purchase and sale of RECs, RECs incentivize the production of clean energy, reduce greenhouse gas emissions, and promote the growth of […]
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 […]
This composition will elucidate the concept of an EPC contract, delineate the duties of an EPC general contractor, and highlight the manifold advantages that an EPC contract offers to 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” […]
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 […]
What is the PPA (Power Purchase Agreement) Model? The PPA model, a cornerstone of the Vu Phong Energy Group’s operations, is a contractual framework that facilitates the buying and selling of energy. This long-term agreement, spanning 10 to 25 years, is established between an electricity producer and a consumer. It enables customers to enter into power purchase agreements with third-party […]
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 […]
In the first month of Q4 2023, Vu Phong Energy Group continues to advance rooftop solar projects. Furthermore, negotiations are underway to accompany numerous businesses on the green transformation and sustainable development journey. Details of Vu Phong Energy Group’s outstanding activities in October, let’s read Vu Phong Magazine October 2023 Desktop Version: Read Magazine Mobile Version: Read Magazine Engagement with […]
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 […]
On September 8, 2023, An Tien Industries, VP Energy, and Vu Phong Energy Group joined in signing a collaboration aimed at developing a solar rooftop system at the An Tien Industries factory in the Southern Industrial Park, Van Phu Commune, Yen Bai City, Yen Bai Province. The system has a capacity of 2.56 MWp and will be developed through a […]
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. >What is 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 […]
“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 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 […]
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 […]
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 […]
Sustainable development is known as a way of helping businesses to remain competitive in the market. And what are the unique advantages of enterprises moving toward sustainable development? Impressive textile factories rooftop solar power system Assessing Sustainable Development: Principles and Criteria From the urgent requirement of practice A sustainable development strategy that is closely linked to business goals is seen […]
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 […]
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 […]
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 […]
Amidst the burgeoning eco-conscious movement, solar power systems for business have emerged as a beacon of sustainability, significantly diminishing emissions and the carbon footprint associated with industrial operations. The innovative PPA (Power Purchase Agreement) model , a brainchild of Vu Phong Energy Group, stands out for its tangible and efficacious advantages. This avant-garde model has enabled Vu Phong to ingeniously […]
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 Successfully developing […]
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 […]
Construction Joint Stock Company 47 (HOSE: C47), an associated company of Vu Phong Energy Group, has mobilized nearly 100 types of equipment, vehicles, and machines,.. as well as nearly 200 personnel, to carry out the construction of the Nam Pha, Nam Phak, and Phouphong Dams as part of the Nam Phak Hydropower Project (Lao). C47 has excavated nearly 500,000 cubic […]
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 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 […]
In today’s modern world, where electricity powers nearly every aspect of our lives, the need for a reliable backup power system cannot be overstated. Whether it’s a sudden blackout caused by inclement weather or a planned maintenance outage, being without power can disrupt our daily routines and jeopardize critical functions. That’s where back up solar power systems come into play, […]
In the quest to meet environmental regulations and reduce energy costs, the quality of a solar power system has emerged as a crucial factor. Many businesses are now embracing this clean energy alternative, marking a significant shift towards sustainable development and emission reduction. Vietnam’s leading professional solar EPC contractor Clean energy for manufacturing greening production The Vu Phong Energy Group, […]
The adoption of a Rooftop Solar Power policy, characterized by its flexibility, stands to create a favorable landscape for investors and manufacturers alike. Such a policy would pave the way for the widespread adoption of clean energy solutions, offering a dual advantage: it would facilitate a greener footprint for businesses while also providing a lucrative avenue for investment in sustainable […]
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 our collective quest to achieve our Climate Finance objectives, we have witnessed a surge of commitments aimed at reducing greenhouse gas emissions and achieving carbon neutrality. These commitments are part of a comprehensive suite of strategies crafted to address the growing menace of climate change. Drive action for global climate goals COP26: Joint voice to protect the future of […]
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 […]
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 […]
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, […]
Vietnam’s leather and footwear industry is expanding rapidly. However, when deeply involved in the global supply chain, domestic enterprises’ position is still lower than FDI enterprises. Towards sustainable development and environmental protection, solving technological issues, enhancing production capacity… is regarded as a motivating force in helping businesses enhance their positions. The highlight number of carbon pricing US develops solar farm […]
The Plastics Industry is experiencing a meteoric rise, boasting an average annual growth rate of 16-18%, trailing only the telecommunications and textile sectors. This burgeoning industry is poised at the brink of numerous developmental prospects and avenues for market proliferation, signaling a new era of innovation and economic vitality. As it stands, the plastics sector is not only expanding rapidly […]
Embracing the ethos of sustainable development with clean energy, the global trajectory is firmly set towards the utilization of clean energy solutions and the adoption of sustainable production strategies. This path is notably championed by leading conglomerates and brands, setting a benchmark for ecological consciousness. Echoing this commitment, Kềm Nghĩa – a distinguished national brand – has made a definitive […]
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 […]
On 24/7/2022, Construction Joint Stock Company 47 (HOSE: C47), an associated company of Vu Phong Energy Group, signed a contract for the construction of the Nam Pha, Nam Phak, and Phouphong Dams as part of the Nam Phak Hydropower Project in Lao People’s Democratic Republic and Song Da 5 Joint Stock Company. This is the first contract in the C47 […]
