Vietnam’s volume of energy savings was equivalent to nearly 6 percent of the total energy consumption between 2011 and 2015 (Source :VNA)
Hanoi (VNA) – Vietnam’s volume of energy savings was equivalent to nearly 6 percent of the total energy consumption between 2011 and 2015, Chairman of the Vietnam Association and Technology in Energy Saving and Efficiency Do Huu Hao said at a conference in Hanoi on November 18.
The saved energy volume was about nearly 12 million tonnes of oil equivalent, he said, adding that the country could save up to 15-20 percent of energy consumption in the future.
The head of the Department of Science and Technology and Energy Efficiency under the Ministry of Industry and Trade’s General Directorate of Energy, Trinh Quoc Vu, said 585 energy-saving projects have been carried out while over 10,000 energy-saving target products were labeled.
More than 700,000 solar water heating systems have been installed nationwide, Around 1 billion kWh of electricity is saved each year, equivalent to 1.6 trillion VND (72 million USD).
Experts cited lack of technological experts and investment capital as major difficulties to build database and promulgate standards and regulations on energy usage in sectors.
Additionally, the mechanism to support businesses to improve technological lines with higher efficiency is limited.
To address the matters, it is necessary to promote energy-saving labeling on products and encourage businesses to implement energy-saving solutions.
Improving the database system on energy consumption and enhancing collection, settlement, and operation capacity are essential to that end.
Vu said the Department of Science and Technology and Energy Efficiency is implementing a Denmark-funded project on low-carbon conversion in energy-saving field.
The project aims to support small and medium sized enterprises to pilot energy saving in brick, pottery and food processing sectors, he added.-VN𝄹A
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Vietnam needs to tap different sources of energy to ensure sustainable electricity supply with reasonable prices, heard a conference in the central city of Da Nang on November 4.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
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The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
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Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam’s volume of energy savings was equivalent to nearly 6 percent of the total energy consumption between 2011 and 2015 (Source :VNA)
