The year 2024 has been remarkable for significant advancements in the renewable energy sector. These improvements help reduce carbon emissions and drive the sustainable development of the global economy. In this article, we will highlight some of the most notable advancements. Journey to Net-Zero: Practical Solutions for Businesses COP28 Boosts […]
Transferring solar power projects brings economic benefits, promotes sustainable development, and reduces carbon emissions. This process allows investors to access completed and efficiently operating projects, saving time and resources compared to building new ones. Additionally, transferring projects enables businesses to focus on their competitive strengths. This article is about the […]
To achieve sustainable development, businesses must prioritize the environmental aspect of ESG. This article will analyze measures companies can take to protect the environment. Why is the environmental aspect often a focus for businesses? ESG (Environmental, Social, and Governance) standards measure a company’s sustainability and social impact. Among these, businesses […]
In addition to activity updates, the June 2024 issue of Vu Phong Magazine will provide readers with essential knowledge on practicing ESG (Environmental, Social, and Governance) to achieve Net-Zero sustainably. This includes an overview of global ESG implementation and commonly used reporting frameworks. In June, Vu Phong Energy Group and […]
“Carbon Credit” and “Carbon Offset” are often used interchangeably in discussions about carbon credits. However, these terms have distinct differences in market and exchange mechanisms. Businesses and organizations should understand these differences to view these emerging markets comprehensively. So, what exactly are these differences? Let’s explore in the following article! […]
Implementing ESG practices are becoming a crucial focus for many businesses. However, a comprehensive understanding of ESG practices and the appropriate reporting frameworks companies can use to measure long-term ESG strategies is still a common concern. Therefore, Vu Phong Energy Group has prepared this article to help address some of […]
On May 10, 2024, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, participated in the Talkshow: “Developing rooftop solar power: Which mechanism is suitable?” organized by Vietnam Economic Times/VnEconomy, along with other industry experts. The speakers, including Mr. An, Pham Dang, […]
On April 24-25, 2024, Mr. An, Pham Dang, Deputy General Director of Vu Phong Energy Group and Director of VP Carbon, attended the workshop “Electricity Market Designs for Renewables in Southeast Asia.” The event took place in Bangkok, Thailand, as part of the “Clean, Affordable and Secure Energy for Southeast […]
A Greenhouse gas inventory serves as a pivotal initial step for businesses to comprehend their emission scenario, thereby formulating rational and efficacious strategies to curtail greenhouse gas emissions. Defining Greenhouse Gas and Identifying Businesses That Require Greenhouse Gas Inventory Greenhouse Gas & Its Inventory As per the Environmental Protection Law […]
In 2023, the world witnessed a rise in CO2 emissions related to energy by 410 million tons, marking a 1.1% increase. This was a slight decrease from the previous year’s increase of 490 million tons (1.3%). The International Energy Agency (IEA) highlighted the significant role of clean energy technologies, including […]