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 and proactively implement self-production and self-consumption rooftop solar power to achieve 100% renewable energy usage. For more details, please refer to this issue of Vu Phong Magazine.

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This past October marked a major advancement in promoting self-production and self-consumption rooftop solar power with Decree No. 135/2024/ND-CP. Thus, Vu Phong Magazine October 2024 has compiled essential information for manufacturing businesses on Decree No. 135 to encourage the green transition towards 100% renewable energy usage. Additionally, the October 2024 edition highlights several collaborative activities supporting community and corporate development, including:

Multilateral cooperation in the “Green Journey, Digital Learning” project: On October 26, 2024, Construction Joint Stock Company 47 (CC47), Vu Phong Energy Group, Xanh Yeu Thuong(*), AI Education, and SUN Edu conducted a signing ceremony to launch the “Green Journey, Digital Learning” project in Quy Nhon, celebrating CC47’s 50th anniversary. This initiative aims to enhance infrastructure and promote digital transformation in remote schools. The project will build solar-powered restroom facilities and provide educational tools such as Chromebooks and Google Workspace for Education, benefiting over 5,000 students annually.

Participation in the Conference on dissemination of the legal documents in the electricity sector in Bac Ninh: On October 25, 2024, a representative from Vu Phong Energy Group participated in the conference on legal documents in the electricity sector, promoting efficient energy use and reviewing greenhouse gas emissions in the industrial sector for 2024. Organized by the local Department of Industry and Trade, the event attracted 100 major electricity-consuming companies.

Welcoming domestic and international business delegations: In pursuit of Goal 17 – Partnerships for the Goals, Vu Phong Energy Group met with entrepreneurs from the Gia Dinh Branch of the HCMC Young Businesspeople Association and a delegation of Singapore start-ups from Quest Ventures to discuss potential collaboration on sustainable initiatives, renewable energy trends, and the green transition.

The activities in October 2024 highlight Vu Phong Energy Group’s strong commitment to advancing renewable energy and digital transformation solutions. Through meaningful partnerships, policy engagement, and participation in important events, Vu Phong Energy Group continues to lead in delivering innovative energy solutions, supporting businesses on their journey to Net Zero and international outreach.

The activities in October 2024 highlight Vu Phong Energy Group’s strong commitment to advancing renewable energy and digital transformation solutions. Through meaningful partnerships, policy engagement, and participation in important events, Vu Phong Energy Group continues to lead in delivering innovative energy solutions, supporting businesses on their journey to Net Zero and international outreach.

(*) Vietnamese: Xanh Yêu Thương

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