Global Carbon Market Growth Driving Net Zero Transitions

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2021 marked the fifth consecutive year of significant growth for the global carbon market, with its total value soaring by more than 2.5 times compared to the previous year. As governments and businesses worldwide intensify efforts to achieve ambitious Net Zero goals, this impressive growth trajectory for the carbon market is projected to continue robustly across both compliance and voluntary […]

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Vu Phong Energy Group’s April 2022 Clean Energy Milestones

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With unified effort, enthusiasm, and the unwavering trust of its customers and partners, Vu Phong Energy Group successfully achieved its strategic goals for April and is now diligently working towards subsequent objectives. This includes significant projects such as accompanying Korean and UK enterprises in a 12.5 MWp solar project, a pivotal MOU signing ceremony with C47 and STEAG for wind […]

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Tan My Irrigation System Transforms Arid Ninh Thuan

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Returning to Tan My for a quality inspection of the pivotal Tan My Reservoir project, part of the extensive Tan My Irrigation System in Ninh Thuan province, I was struck by the vibrant life in this famously arid region. Along Highway 27, beneath the majestic Po Klong Garai towers, travellers are greeted by lush, clean farms cultivating apples, melons, and […]

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Vu Phong’s Commitment to Investing in Our Planet with Clean Energy

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Vu Phong Energy Group consistently champions the mission of “develop clean energy for the green environment and sustainable development,” aligning perfectly with this year’s Earth Day theme: “Invest in Our Planet” (April 22). This commitment is a collaborative effort, undertaken with our valued partners and customers, to foster a sustainable future. Earth Day, which commenced on April 22, 1970, in […]

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Vu Phong Energy Group Advances SDG6 Water and Sanitation

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In November 2021, `Vu Phong Energy Group`, in a strategic partnership with `Construction Company 47` (`C47`) and `INTRACO`, formally signed a Memorandum of Understanding (MOU) to advance “`Clean drinking water projects` and `Greenhouse gas emission reduction` initiatives”. This impactful collaboration is directly aligned with the overarching `Sustainable Development Goals` (`SDGs`) set forth by the `United Nations Sustainable Development Goals`, specifically […]

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How Solar Power Supports Sustainable Development at Kim Duc Factory

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Large manufacturing plants like Kim Duc face high electricity costs and environmental challenges. This article explores the collaboration between Vu Phong Energy Group and Kim Duc Corporation to implement a solar power solution, offering practical insights into sustainable energy integration. Drawing from the original post, we analyze how zero capex solar projects align with ESG goals and reduce carbon emissions […]

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NextGen ISCO Forum Shaping New Industrial Supply Chains

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The global landscape of industrial supply chains is undergoing a profound transformation, driven by digitalization, economic volatility, and an urgent need for sustainability. Businesses are grappling with the imperative to build intelligent, resilient, and cost-efficient supply networks. Furthermore, the development of ESG-compliant and eco-industrial parks is no longer an option but a critical prerequisite for attracting high-quality Foreign Direct Investment […]

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Understanding Carbon Credits Why Vietnamese Businesses Need Them

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Vietnamese businesses are increasingly facing pressure to reduce greenhouse gas emissions, navigate complex environmental regulations, and enhance their global competitiveness. The advent of carbon border adjustment mechanisms (CBAM) and other carbon taxes adds layers of financial risk, making proactive engagement with environmental strategies crucial. This analysis, inspired by an insightful article from Vu Phong Energy Group, delves into the definition […]

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Carbon Credits Essential for Vietnamese Business Competitiveness

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In an era of escalating environmental consciousness and stringent global regulations, Vietnamese businesses face new challenges and opportunities. Understanding carbon credits is no longer optional; it’s a strategic imperative. This article delves into the core concept of carbon credits, explaining their definition and outlining their critical role as a proactive defense mechanism against escalating carbon border adjustment mechanisms (CBAM) and […]

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Carbon Credits And What You Need To Know | Vu Phong Magazine May 2024

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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 […]

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Solar Power Illuminates Phu Quy, A Journey to Conquer Remote Islands

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Phu Quy island district, located nearly 120 km from the mainland, is likened to the “green pearl” of Binh Thuan province for its rare, pristine beauty. Blue seas, rich coral reefs, and long stretches of white sandy beaches have defined its tourism brand. However, Phu Quy is also harsh on its inhabitants: there is little arable land, making farming and […]

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Green Finance in Vietnam A Guide to Lowering Costs and Gaining a Competitive Edge

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Green finance is gradually becoming a core driver in the journey of green transition and sustainable development. Accessing green finance not only helps reduce capital costs but also creates a long-term competitive advantage, enhancing a company’s resources and market image. As businesses progressively shift towards green operations and tap into green financial resources, they stand to gain significant benefits and […]

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Construction Joint Stock Company 47: 50 Years of Development (1975-2025)

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On the morning of September 8, Construction Joint Stock Company 47 held a ceremony to celebrate its 50th anniversary (September 8, 1975 – September 8, 2025) under the theme “Breakthrough Transformation – Achieve Global Reach”. Attending the ceremony, on behalf of the Central Government, were Mr. Huỳnh Thanh Xuân – Vice President of the Vietnam General Confederation of Labor; and […]

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