Zero Capex Solar – Rooftop solar solution for manufacturing enterprises

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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), […]

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Impact of Decree No. 135/2024/ND-CP on the green transition path for manufacturing businesses

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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 […]

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Decree No. 135/2024/ND-CP on the mechanism to encourage the development of self-production and self-consumption rooftop solar power

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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. […]

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Vu Phong Energy Group signed partnership for “green journey, digital learning” project

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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 […]

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Renting robotic arms to optimize production – Zero investment solution

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Robot as a Service (RaaS) solution – A zero investment automation option to help businesses optimize costs, improve production efficiency, and minimize workplace accidents without large upfront investment. In modern manufacturing, robotic arms have become essential tools. These automated systems enhance efficiency, improve accuracy, and reduce errors in production processes. Robotic arms are commonly used in various sectors such as […]

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Vu Phong Magazine September 2024: Development Cooperation For Green Transition

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Vu Phong Magazine for September 2024 highlights key activities of Vu Phong Energy Group in driving green transition and digitalization, with a special focus on our participation in the GRECO 2024 exhibition. Read now: Desktop Version: Read Magazine Mobile Version: Read Magazine September 2024 was marked by many notable Vu Phong Energy Group activities promoting green transition and digitalization, working […]

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Vu Phong Energy Group participated in GRECO 2024: Solutions for green transition and digital transformation

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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 […]

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100% Use of Renewable Energy: Is It Easy or Difficult for Businesses?

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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. […]

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Vu Phong Energy Group Representative Contributes to Refining the Draft Electricity Law (Amended)

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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). […]

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Useful information and insights on green transition | Vu Phong Magazine August 2024

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Vu Phong Magazine August 2024 brings you updates on the outstanding news and activities of Vu Phong Energy Group, demonstrating our pioneering role in renewable energy and sustainable development. We invite you to read the August 2024 issue of Vu Phong Magazine: Desktop version: Read Magazine Mobile version: Read Magazine One of the month’s highlights is Vu Phong Energy Group’s […]

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The impact of rooftop solar power systems on businesses

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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 […]

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Emissions Trading System (ETS): A Comprehensive Look at Design, Impact, And Challenges

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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 […]

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The Connection Between ESG And SDGS: Towards Sustainable Development

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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 […]

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Renewable Energy: Breakthroughs Around The World

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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. […]

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Trading Renewable Energy Certificates (I-RECs): Great potential for renewable energy projects

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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 […]

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Journey to Net-Zero: Practical Solutions for Businesses

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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 […]

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Corporate Contributions to Environmental Protection: A Key Element of ESG

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To achieve sustainable development, businesses must prioritize the environmental aspect of ESG. This article will analyze measures companies can take to protect the environment. Why is the environmental aspect often a focus for businesses? ESG (Environmental, Social, and Governance) standards measure a company’s sustainability and social impact. Among these, businesses often prioritize the environmental aspect (E) for several reasons. Firstly, […]

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Overview of rooftop solar power: Opportunities for businesses

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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 […]

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Carbon Market: The Difference Between Carbon Credit and Carbon Offset

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“Carbon Credit” and “Carbon Offset” are often used interchangeably in discussions about carbon credits. However, these terms have distinct differences in market and exchange mechanisms. Businesses and organizations should understand these differences to view these emerging markets comprehensively. So, what exactly are these differences? Let’s explore in the following article! Introduction to Carbon Credit and Carbon Offset In the context […]

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ESG: The guiding principles for Sustainable Business Development | Vu Phong Magazine June 2024

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In addition to activity updates, the June 2024 issue of Vu Phong Magazine will provide readers with essential knowledge on practicing ESG (Environmental, Social, and Governance) to achieve Net-Zero sustainably. This includes an overview of global ESG implementation and commonly used reporting frameworks. In June, Vu Phong Energy Group and our member, VP Carbon, undertook several activities in collaboration with […]

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