All posts tagged: Sustainable Development

Corporate Contributions to Environmental Protection: A Key Element of ESG

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 […]

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Overview of rooftop solar power

Overview of rooftop solar power: Opportunities for businesses

Rooftop solar power is one of Vietnam’s fastest-growing renewable energy sources, especially as the world strives toward sustainable development goals. While this transition offers numerous opportunities, Vietnamese businesses face challenges quickly aligning with the green shift trend. The Importance of Solar Power Developing solar power brings significant benefits not only […]

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Carbon Market: The Difference Between Carbon Credit and Carbon Offset

“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! […]

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ESG: Sustainable development foundation for businesses

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 […]

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Attending the Workshop “Electricity Market Designs for Renewables in Southeast Asia”

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 […]

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Carbon Credit Market In Ho Chi Minh City

The Potential Of The Carbon Credit Market In Ho Chi Minh City

On April 22, 2024, the Ho Chi Minh city Institute for Development Studies (HIDS) organized a scientific seminar titled: “Development of the carbon credit market in Ho Chi Minh City.” The event attracted participation from businesses, experts, and scientists… During the three-hour session, the advisory board implemented “Resolution No. 98/2023/QH15 […]

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proactively participate in the carbon credit market

Businesses must proactively participate in the carbon credit market

Many large corporations have come to Vietnam to purchase carbon credits through financial mechanisms, while reducing emissions for Vietnamese businesses is an essential requirement in the global game. Without preemptive preparation, Vietnamese enterprises risk being slow and paying a high price, even facing survival risks against the “green barriers”. Many […]

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Greenhouse gas inventory and carbon neutrality consulting services – Net Zero for businesses

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 […]

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