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Vu Phong Energy Group participated and awarded scholarships at the CiC 2023 final round

The final round of the Creative Idea Challenge – CiC 2023 was held on November 25, 2023, in Ho Chi Minh City. Mr. Tri, Nguyen Quang, General Director of Vu Phong Energy Group, attended and awarded scholarships totaling 60 million VND to the top student teams. CiC is a startup […]

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Collaboration for rooftop solar power system development at Song Hong Aluminum Shalumi

On November 15, 2023, at the Song Hong Aluminum Shalumi Group Joint Stock Company (Viet Tri, Phu Tho), a signing ceremony took place to collaborate to develop a rooftop solar power system. The system has a capacity of 887 kWp, developed through a Power Purchase Agreement (PPA) collaboration, with VP […]

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Vu Phong Magazine Thang 10-1

Outstanding activities of Vu Phong Energy Group in October 2023

In the first month of Q4 2023, Vu Phong Energy Group continues to advance rooftop solar projects. Furthermore, negotiations are underway to accompany numerous businesses on the green transformation and sustainable development journey. Details of Vu Phong Energy Group’s outstanding activities in October, let’s read Vu Phong Magazine October 2023 […]

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Established VP Carbon Solutions – A company specializing on emission reduction and carbon-neutral solutions

To best accompany businesses towards sustainable development and meet green standards following global trends. Vu Phong Energy Group established a member company – VP Carbon Solutions, which specializes in consulting services on emission reduction and carbon neutrality for businesses. VP Carbon Solutions Joint Stock Company specializes in providing solutions to […]

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CBAM mechanism: Companies need to report emissions from electricity consumption

During the transitional phase of the EU’s CBAM mechanism, importers of cement, steel, aluminum, fertilizers, and hydrogen products must report direct and indirect greenhouse gas emissions, including emissions from electricity use during manufacture. Electricity emissions are a part of the report. According to the EU’s Carbon Border Adjustment Mechanism (CBAM) requirements, […]

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How should businesses adapt to the EU’s CBAM?

In just a few days, the EU’s Carbon Border Adjustment Mechanism (CBAM) will officially enter its transitional phase, starting October 1, 2023. Proactively adapting to CBAM is a challenge for many businesses in Vietnam, especially those in industries like steel, aluminum, cement,… What is the Carbon Border Adjustment Mechanism (CBAM)? […]

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Overview of Renewable Energy Certificate (REC)

An International Renewable Energy Certificate (I-REC) is a type of Energy Attribute Certificate (EAC). It can be used to promote renewable energy production and reduce greenhouse gas emissions. What is a Renewable Energy Certificate (REC)? Concept of Renewable Energy Certificate (REC) A Renewable Energy Certificate (REC), also known as an […]

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50,000 corporations operating in Europe must report sustainable development

Approximately 50,000 companies must report on their sustainability efforts under the Corporate Sustainability Reporting Directive (CSRD). This includes both EU-based and non-EU corporations that operate within the EU. This directive will also indirectly affect many other businesses, such as those in the supply chain. From Voluntary ESG Reporting to Mandatory […]

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