Coordination and Sharing at the “Green Economy with Net-zero” Workshop at VIFA ASEAN 2024: The Path Toward Net Zero

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 industries achieve the Net Zero target.

The exhibition, held from August 27-29, 2024, at Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City attracted over 200 businesses from various sectors. It provided manufacturers, suppliers, and enterprises a valuable platform to meet, discuss, and explore new cooperation opportunities in the realm of sustainable practices. The “Green Economy with Net Zero” workshop on August 27 offered more than just a display of advanced products and eco-friendly services. It also provided a dynamic forum for discussing innovative sustainable solutions and strategic pathways for the furniture and wood processing industries to reach the ambitious Net Zero target, aligning with global environmental goals.

At the workshop, Mr. An, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, acted as the moderator and speaker, joining other experts to discuss green transition strategies and solutions to achieve Net Zero. He particularly emphasized the requirements that furniture and wood processing businesses must meet in the upcoming green transition trends.

During the workshop, Mr. An emphasized the significance of green transformation in the wood industry, especially as international markets increasingly demand higher environmental standards. He highlighted the necessity for businesses to combine renewable energy usage with energy optimization solutions and greenhouse gas emission management. He also introduced solutions provided by Vu Phong Energy Group, such as rooftop solar systems and I-RECs (International Renewable Energy Certificates), which help businesses minimize environmental impact, enhance business efficiency, and commit to using 100% renewable energy.

The workshop garnered great interest from participating businesses, especially those in the wood processing and furniture industries. The general discussion, moderated by Mr. An, Pham Dang, created an open space for experts and businesses to exchange insights on the challenges and opportunities in applying carbon credits and FSC (Forest Stewardship Council) sustainability certifications within the wood and furniture sector.

The workshop, titled “Green Economy with Net Zero,” featured engaging content and open exchanges about business opportunities and challenges

In its journey to support Vietnam’s wood industry toward sustainable development, Vu Phong Energy Group has partnered with numerous reputable organizations to implement renewable energy projects. One notable project is at Nam Dinh Forest Products Joint Stock Company (NAFOCO) in Nam Dinh, where a rooftop solar system with a capacity of 1.13 MWp was installed, helping the company reduce electricity costs and lower greenhouse gas emissions, contributing to the environmental protection goals of the wood industry.

Another prominent project is the solar power system at Tay Ninh Wood Factory, which has a capacity of 1.17 MWp. This project not only provides stable power for production but also helps the factory cut over 1,000 tons of CO2 emissions annually. This is one of the concrete steps Vu Phong Energy Group has taken to help wood industry businesses achieve their Net Zero commitments.

Projects Vu Phong Energy Group has accompanied the wood processing industry

Vu Phong Energy Group and our subsidiaries, like VP Carbon, will continue to partner with Vietnamese wood enterprises, offering solar energy solutions and supporting businesses on their journey to 100% renewable energy use and a path to Net Zero.

Vu Phong Energy Group and VP Carbon accompany businesses on the journey towards 100% renewable energy use

The VIFA ASEAN 2024 exhibition and the “Green Economy with Net Zero” workshop concluded successfully, opening new opportunities for collaboration and sustainable development in Vietnam’s wood industry. With support from partners like Vu Phong Energy Group, businesses in the industry are steadily progressing toward a green, sustainable future and achieving Net Zero goals in the near future.

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