Industrial energy efficiency important to sustainable future in Vietnam

The Ministry of Industry and Trade (MoIT) and the UN Industrial Development Organisation (UNIDO) held a workshop in Hanoi on November 15 to launch a project on promoting energy efficiency in large industries.
Industrial energy efficiency important to sustainable future in Vietnam ảnh 1Phuong Hoang Kim, Director of the Project Management Board speaks at the workshop. (Photo: congthuong.vn)
Hanoi (VNA) – The Ministryof Industry and Trade (MoIT) and the UN Industrial Development Organisation (UNIDO)held a workshop in Hanoi on November 15 to launch a project on promoting energyefficiency in large industries.

The project on accelerating energyefficiency in large industries through energy management systems, system optimisation,and the promotion of energy efficiency in small and medium-sized enterprises inVietnam (IEEP) is part of the EU - Vietnam Sustainable Energy TransitionProgramme (SETP), funded by the EU and implemented by UNIDO and the MoIT’sEnergy Efficiency and Sustainable Development Department from 2023 to 2027.

The project consists of enhancing theinstitutional and policy framework, implementing capacity building andimprovement programmes, and implementing the projects on energy management systemsand system optimisation. The focus is on 10 industries, namely pulp and paper food processing, aquatic processing, textile - garment making, chemical and fertiliser plants,rubber processing, metallurgy and steel, cement, plastics, and the beverage industry.

Phuong Hoang Kim, Director of the Project Management Board, said that to boost efficient energy use across economicsectors the Vietnamese Government has carried out a number ofimportant policies and programmes. These include the promulgation of the Law on Economical and EfficientUse of Energy, the national target prorgamme on economical and efficient energyuse for 2006 - 2015, and the national labour programme for 2019 - 2030.

During that process, Vietnam hasreceived substantial assistance from the World Bank, the EU, the UN Industrial Development Organisation,and the Governments of Denmark, the Republic of Korea, and Japan throughfinancial aid packages, the sharing of management experience, and the transferof advanced techniques, he noted.

He considered the IEEP project as important to helping the MoIT carry outactivities to achieve the targets of the national programme on economical andefficiency energy use for 2019 - 2025, including saving 5 - 7% of the total energyconsumed nationwide.

This project aims to step up the demand for energy savingsolutions in industries, reducegreenhouse gas and carbon emissions, and increase the productivity andcompetitiveness of industries in Vietnam, according to the official.

Kristina Buende, head of cooperationat the EU Delegation to Vietnam, said sustainable energy transition is one ofthe EU’s priorities in the world to promote green and sustainable development.

The EU Delegation hopes that the IEEP project under the SETP will help thenational programme of Vietnam to realisethe commitments on sustainable energy transition and net zero emissions by2050, she added.

Le Thi Thanh Thao, Chief Representative of the UNIDO Office, said the IEEP project will also be usefulfor businesses, especially exporters, to meet the requirements for emissionreduction in industrial activities, including the Carbon Border AdjustmentMechanism of the EU.

The application of energy management and transition solutions is critical to enhancing business and industry competitiveness, thus contributing tothe development of a sustainable and circular economy, investment attraction, and environmental protection, Thao said./.

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.