Based on Phan Chi Anh, director of the Centre for Administration Enterprise Research, Vietnam’s GDP rose by almost 2.2 occasions from 2010 to 2022, and its vitality consumption additionally climbed by 2.4 occasions, with companies within the industrial manufacturing sector accounting for 55 per cent of the nation’s complete.

To chop 5-10 per cent of electrical energy consumption as per the Nationwide Vitality Effectivity Programme, it is important for these corporations to save lots of energy.

Nam Dinh Vu is remodeling right into a inexperienced IP

That was additionally the dedication of the worldwide neighborhood at COP26, and Vietnam dedicated to attaining its net-zero emissions goal by the center of the 21^st century.

In Vietnam’s 2020 Nationally Decided Contribution Report that was despatched to the Secretariat of the United Nations Framework Conference on Local weather Change, greenhouse gasoline emissions below the business-as-usual improvement situation from the vitality, trade, and commerce sectors by 2030 will account for about 80 per cent of the nation’s complete emissions.

In Decree No.06/2022/ND-CP, the Vietnamese authorities stipulates that the Ministry of Trade and Commerce is answerable for implementing administration and technical measures to scale back 268.5 million tonnes of CO₂ equal by 2030.

Clearly, utilizing vitality extra economically and successfully won’t solely make an essential contribution to making sure nationwide vitality safety but in addition present the prime resolution to attaining Vietnam’s net-zero goal by 2050.

Sao Do Group’s dedication

Assessing the significance of this, Sao Do Group has been proactive and enthusiastic from early on in changing to inexperienced vitality at Nam Dinh Vu IP.

In a first-rate location in Dinh Vu-Cat Hai Financial Zone, with synchronous and fashionable infrastructure, Nam Dinh Vu IP is residence to 65 home and worldwide tasks run by traders from totally different international locations, together with Japan, South Korea, China, Germany, France, Singapore, and extra.

With a land space spanning round 1,300 hectares, in line with Sao Do Group’s calculations, the whole solar energy capability that may be put in in Nam Dinh Vu IP involves greater than 1GWp.

A solar energy funding cooperation signing ceremony between Sao Do Group and CME Photo voltaic

To have the ability to deploy renewable vitality within the IP in probably the most methodical and environment friendly manner, Sao Do Group has teamed up with main companies, one among which being CME Photo voltaic, to deploy rooftop solar energy techniques.

Companies primarily based within the IP have signed cooperative agreements to advertise inexperienced improvement on the positioning, prioritising the usage of environmentally pleasant applied sciences and renewable vitality by way of rooftop photo voltaic techniques.

The coverage of increasing rooftop energy installations within the IP will leverage a phase-based method, with the workplace buildings being focused first.

Nguyen Thanh Phuong, basic director of Sao Do Group, and Chung Dieu Tuan, basic director of CME Photo voltaic, on the signing ceremony

Changing to inexperienced and renewable vitality within the IP may even assist Sao Do Group’s companions to beat the barrier of tracing the carbon footprints of their merchandise.

If companies are licensed as utilizing extra renewable vitality for his or her manufacturing, their merchandise may be labelled as such and enter high-end markets such because the EU and US extra simply.

“Regularly, the development of carbon labelling for merchandise will change into inevitable,” mentioned Nguyen Thanh Phuong, basic director of Sao Do Group.

“Collectively, we’re constructing a inexperienced dwelling neighborhood, making our small contribution to spreading optimistic values and reaffirming our dedication to the trail of sustainable improvement,” Phuong famous.

Sao Do Group joins palms for the poor This 12 months marks 20 years of multinational and improvement of Sao Do Group, and it is much more significant for the neighborhood actions which have been carried out.

RoK’s group eyes eco-friendly vitality market in Vietnam The Republic of Korea’s Doosan Group mentioned it’s eyeing to develop eco-friendly vitality funding in Vietnam as one of many future methods that it’s aiming on the potential clear vitality market within the Southeast Asian nation.

Sao Do Group collaborates with RMIT on human assets coaching Early this month, within the presence of Australian Prime Minister Anthony Albanese, RMIT College introduced the following section of RMIT’s dedication to Vietnam, which features a strategic funding fund price greater than $165.2 million.