Building energy efficiency rd roadmap

Illustrative image (Source: VNA) Hanoi (VNA) – The Vietnam Green Building Week 2022, the annual event held by the Ministry of Construction in response to the World Green Building Week, will take place from October 13-14 in Ho Chi Minh City, with the participation of leading construction experts. This year, the week aims to realise Vietnam’s commitments announced at the 26th UN Climate Change Conference (COP26). According to the Ministry of Construction, the Vietnam Green Building Week 2022 will be an open and prestigious forum that connects more than 1,200 policy-makers and representatives of construction businesses, industry-leading architects and design professionals, as well as suppliers of building materials, equipment and technology. The week will include a plenary session and three thematic discussions on experience in green building planning and development as well as sustainable urban construction, contributing to realising Vietnam's commitments at COP26 . … [Read more...] about Vietnam Green Building Week 2022 slated for October

SCG’s Q2/2022 operating results show continuous revenue growth despite energy costs’ effects on profits, maintaining robust financial standing. Roongrote Rangsiyopash, president and CEO at SCG disclosed, “Despite volatile situations with crisis upon crisis such as inflation, rising interest rates, increased energy and raw material costs, and climate change, SCG continues to adapt, resulting in strong overall business and financial performance. Innovative product and service developments are in full gear, especially eco-friendly items with SCG Green Choice labels and innovations to meet consumers’ demands for safety and convenience, catering to the tourism and service sector’s recovery as borders fully open." "Moreover, strategic investments are being prioritised, resulting in the delay of new projects that are non-urgent while still going through with quick-return projects and ones that are aligned with the company’s long-term growth plans. This includes the Long Son … [Read more...] about SCG accelerating strategies to address myriad of challenges

Syngenta specialises in providing agro-pharmaceutical products, plant protection solutions and seeds, and is trusted by millions of farmers. — Photo coutersy of Syngenta Syngenta Vietnam, a leading science-based agri-tech company, has just joined HSBC Vietnam's green journey by placing their very first green deposit with the bank. This transaction will enable Syngenta Vietnam’s surplus money to be invested in sustainable and green projects and businesses, in line with the company’s global sustainability development strategy. HSBC’s green deposit programme, the first of its kind in Viet Nam, is a channel to mobilise green funds from the bank’s corporate customers, investing them in environmentally friendly projects and initiatives, while ensuring a stable and predictable return. Green deposits are used for the green financing, which is aligned with the HSBC Green Bond Framework and Green Loan Principles, under eligible green project themes (Renewable Energy, Energy Efficiency, … [Read more...] about Syngenta Vietnam joins HSBC’s green capital mobilisation

Decarbonisation Sustainability is now on the main agenda of countries, also be a social license for companies. Multinational real estate firms such as Frasers Property are in a privileged position to play a major role in reducing their carbon footprint. In line with group-wide sustainability goals, Frasers Property Vietnam is making significant progress towards its main sustainability goals. These are: being a net-zero carbon corporation by 2050; being climate-resilient and establishing adaptation and mitigation plans by 2024; green-certifying 80 per cent of its owned and asset-managed properties by 2024; financing the majority of its sustainable asset portfolios with green, sustainable financing by 2024; and training all of its employees on sustainability by 2021. Frasers Property recognises that emerging technologies and solutions will be critical to help the company accelerate its sustainability goals, so it is an ongoing journey to keep track of these possibilities and … [Read more...] about Frasers property towards 4Ds perspective

Seizing the opportunity laid out by its clean energy resources and phasing out coal could be key for Vietnam’s green growth path. Vietnam’s Prime Minister Pham Minh Chinh has set a deadline for sectors to build plans for their sustainable development within the first quarter (Q1) of this year as part of efforts to materialize the country’s sustainable development. Vietnam’s Prime Minister Pham Minh Chinh speaks at COP26 in Glasgow, the UK in November 2021. Photo: VNA The PM demanded in Q2 a comprehensive program to implement Vietnam’s net-zero target that he pledged at the 2021 United Nations Climate Change Conference in Glasgow (COP26) in November 2021. Accordingly, authorized agencies are tasked with eight issues, namely energy transition, reducing greenhouse gas emissions; lowering methane emissions; developing electric cars; planting forests to absorb carbon dioxide; building construction materials and urban development suitable for green and sustainable … [Read more...] about [Net-zero strategy] Which way is possible for Vietnam’s net zero journey?

As Vietnam steps into the post-pandemic era, experiences and learnings from the pandemic serve as a reminder of the importance of digital transformation and its crucial technology component. Eunjung Han, consultant at Rouse Legal Vietnam and vice chair of the Digital Sector Committee of the European Chamber of Commerce in Vietnam Despite COVID-19’s negative economic and social impact, Vietnam remains an attractive destination to European investors. According to the European Chamber of Commerce (EuroCham) 2021 White Book, Vietnam’s stable macro-economic climate, with inflation in the single digits, continues to increase investor confidence in the country’s trade and investment environment. Only adding to that, the EU-Vietnam Free Trade Agreement (EVFTA) is paving the way for continued foreign direct investment (FDI) from the EU and is viewed as a means for shared recovery and economic rebound. As the first comprehensive FTA between the EU and a developing country in … [Read more...] about EVFTA underpinning growth in Vietnamese tech market

Billion-dollar strategy While visiting THACO Chu Lai Industrial Zone at the end of March 2022, Prime Minister Pham Minh Chinh assigned THACO three essential tasks, one of them being to continue developing the mechanical industrial zone to meet foundation industries requirements. To carry out this task, Supporting Industrial and Mechanics Corporation - THACO Industries (under THACO Group) has continued to invest in expanding its scale, improving production capacity, boosting exports, and setting a target revenue of $1 billion by 2025, of which export is $500 million. THACO Industries factory in Chu Lai Industrial Zone. Photo by THACO Industries THACO Industries has identified 2022 as the hinge year for establishing the foundation for a leap forward in mechanical and supporting industry business. The company has set out a comprehensive plan, from investing in core technology, and developing diversified products to digitalizing management... aiming to reach the … [Read more...] about THACO eyes revenue target of $1 bln in 2025

Billion-dollar strategy While visiting THACO Chu Lai Industrial Zone at the end of March 2022, Prime Minister Pham Minh Chinh assigned THACO three essential tasks, one of them being to continue developing the mechanical industrial zone to meet foundation industries requirements. To carry out this task, Supporting Industrial and Mechanics Corporation - THACO Industries (under THACO Group) has continued to invest in expanding its scale, improving production capacity, boosting exports, and setting a target revenue of $1 billion by 2025, of which export is $500 million. THACO Industries factory in Chu Lai Industrial Zone. Photo by THACO Industries THACO Industries has identified 2022 as the hinge year for establishing the foundation for a leap forward in mechanical and supporting industry business. The company has set out a comprehensive plan, from investing in core technology, and developing diversified products to digitalizing management... aiming to reach the … [Read more...] about THACO Industries targets revenues of $1 bln by 2025

Kent Yang, founding managing partner of SLP Early this year, GLP announced the establishment of GLP Vietnam Development Partners I (GLP VDP I) with a total investment value of $1.1 billion. How will SLP activities be deployed in the Vietnamese market SLP is an industrial and logistic facility development and operation platform backed by GLP – one of the leading logistics infrastructure providers and operators – and three founding partners. Even though SLP is in a joint venture format, since its inception, it has been an extension of GLP in Southeast Asia and Vietnam. We closed the GLP VDP I fund earlier this year – in less than a year. For funds of this size, it's considered very fast. The ability to close this fund in such a short period is due to the fact that Vietnam is an extremely favourable market and our institutional investors trust GLP as a partner. With a size of $1.1 billion, we have raised one of the largest logistics development funds in Vietnam. Since the … [Read more...] about SLP aims to dominate Vietnam’s markets

The AMM will touch on regional and international issues, especially the pressing security challenges that risk destabilizing regional peace and stability. Ten diplomats of all members of the Association of Southeast Asian Nations (ASEAN) today [August 3] deliberated key issues at the 55th ASEAN Foreign Ministers’ Meeting (AMM-55) and Related Meetings hosted in Phnom Penh, Cambodia. ASEAN Foreign Ministers gather in Phnom Penh on August 3 for regional meetings. Photos: Baoquocte The range of issues to be discussed on the first day of the four-day meeting includes the progress made in line with the ASEAN Community-building efforts, the way forward to recover strongly from the Covid-19 pandemic, as well as cooperation and partnerships with external partners, said Cambodian Minister of Foreign Affairs and International Cooperation Prak Sokhonn in his opening remark. The AMM would also touch on regional and international issues, especially the pressing security … [Read more...] about ASEAN Foreign Ministers gather in Phnom Penh for key issues