Solar & Storage Live Vietnam

Singapore’s Sembcorp Industries Ltd and UOB are doubling down on their long-term commitments to Vietnam, unveiling transformative plans to invest in industrial parks and green technologies. These moves underscore Vietnam’s central role in Singapore’s regional economic strategy, while bolstering Vietnam’s shift toward sustainable and high-tech development. 🌍 Sembcorp Expands Its Vietnam Footprint Sembcorp Industries, a key player in Vietnam's industrial landscape for 28 years, announced plans to expand its flagship Vietnam-Singapore Industrial Parks (VSIP Vietnam). Currently operating 18 VSIP projects across 13 provinces, the group has already generated over 300,000 jobs. The next phase includes low-carbon, high-tech industrial parks and green data centers aligned with Vietnam’s green transition objectives. These projects aim to enhance infrastructure modernization while attracting foreign direct investment (FDI). 🇸🇬 Singapore’s Investment in Vietnam As Vietnam’s second-largest foreign investor, Singapore boasts 3,800 projects totaling nearly $81 billion. Trade between the two nations reached $7.6 billion in the first nine months of 2024, a 13% increase YoY. 💰 UOB’s Financial Commitments United Overseas Bank (UOB), the only Singaporean bank with a direct presence in Vietnam, is accelerating its operations. With $8 billion in loans for FDI enterprises, UOB has strategically bolstered its footprint by acquiring Citibank Vietnam's retail banking unit last year. CEO Wee Ee Cheong emphasized Vietnam’s priority in UOB’s long-term strategy, with plans to explore green finance, high-tech ventures, and international financial center projects in Ho Chi Minh City and Da Nang. 🌱 Green Growth: A Common Vision Vietnam’s push for sustainable development aligns with Singapore’s expertise in green technology and finance. The proposed smart industrial parks and renewable energy projects aim to reshape Vietnam’s industrial and energy landscape while driving inclusive economic growth. 💡A Blueprint for Emerging Markets? Singapore’s high-stakes investment in Vietnam raises provocative questions: Can the VSIP model become a global benchmark for sustainable industrial zones in emerging economies? How will Vietnam leverage its strategic partnership with Singapore to drive technological innovation and financial modernization? As Vietnam and Singapore deepen their collaboration, the stakes transcend bilateral ties. Their shared vision for green, tech-driven growth might offer a template for emerging markets navigating the dual imperatives of development and sustainability. #VietnamSingapore #SustainableGrowth #FDI #GreenFuture #SolarStorageLiveVN Photo: VnExpress — National Assembly Chairman Trần Thanh Mẫn meets with UOB's Deputy Chairman and CEO Wee Ee Cheong on December 2.

The floorplan at #SolarStorageLiveVN is already 70% sold out! We've still got some great stand locations available so secure your ideal booth position now for the chance to engage with Vietnam's energy leaders on 9 - 10 July 2025. Get in touch with us today: https://bit.ly/48PaRFc

Malaysia and Vietnam are deepening their strategic partnership, with a strong emphasis on renewable energy and regional stability. This follows the recent visit of Tô Lâm, General Secretary of the Communist Party of Vietnam, to Malaysia — a move signaling shared economic ambitions and geopolitical cooperation. Malaysian Prime Minister Anwar Ibrahim highlighted that investments by Malaysian companies in Vietnam now exceed $13 billion across 700 projects. The two nations are focusing on sustainable energy, regional security, and technological collaboration to strengthen their partnership. 🛢️ Petronas and PetroVietnam’s Sustainable Energy Agreement A key outcome of the visit was a memorandum of understanding between PETRONAS, Malaysia’s state-owned oil giant, and PETROVIETNAM . This agreement will focus on decarbonization and sustainable energy solutions as both countries work toward achieving climate goals. ⚡ A Vision for ASEAN's Renewable Energy Future The visit also underscored ambitions to foster regional energy interconnections, focusing on cross-border electricity grids. Discussions about ASEAN's green energy infrastructure — linking countries like Vietnam, Laos, Thailand, Malaysia, and Indonesia — remain a strategic priority. Such interconnections could allow renewable energy resource exporters to meet growing energy demands in regional economies such as Singapore and Malaysia. However, challenges persist. Legal and regulatory gaps, infrastructure bottlenecks, and varying national energy policies have stalled large-scale regional renewable energy projects. Vietnam is expected to address these hurdles through forthcoming legal reforms and investments to enable cross-border electricity trade. 🔋 A Shared Commitment to Green Energy This partnership demonstrates the growing ambition of both nations to prioritize renewable energy and climate resilience. As this strategic partnership progresses, will ASEAN's commitment to renewable energy and regional connectivity be enough to offset the structural challenges of cross-border infrastructure gaps? Could the green energy transition reshape ASEAN’s geopolitical influence in the coming decades? These questions linger as both nations take their first major steps toward building a greener, more connected future. #Malaysia #Vietnam #Partnerships #RenewableEnergy #SolarStorageLiveVN

In Vietnam, where buildings are designed to last for 50 to 100 years, there is a growing opportunity to integrate energy-saving technologies from the construction phase through to daily operations. This strategic approach can lead to significant long-term cost savings, while helping to reduce energy consumption and emissions. 💰 Cost Increase with Long-Term Savings Incorporating energy-efficient solutions into buildings in Vietnam may increase initial costs by 10 to 30%. However, these projects can yield energy savings of over 20% compared to traditional buildings. This investment not only brings financial benefits but also aligns with Vietnam’s commitment to reducing greenhouse gas emissions, as outlined in recent government regulations. 🙌 Government Support for Sustainable Development Vietnam’s government has introduced several initiatives to promote sustainable development. The “Climate Change Action Plan for the Construction Sector” aims for net-zero emissions by 2050, with a particular focus on reducing energy use in the building sector. Integrated systems that optimize electricity, water, HVAC, and security functions can reduce energy consumption by up to 40%, benefiting both the environment and operational costs. 📜 Strategic Policies for Effective Implementation To effectively manage energy-efficient buildings, it is essential to develop clear policies and action plans tailored to different building types, such as energy-intensive apartments and office buildings. A comprehensive regulatory framework will help ensure that energy-saving goals are met across the sector, driving broader adoption of green building practices in Vietnam. 🏢 The Rise of Green Buildings in Vietnam As demand for sustainable living and working environments grows, green buildings are set to become the standard in Vietnam’s real estate market. By 2025, it is expected that 10% of office buildings in the country will meet green building standards. Developing green buildings requires a comprehensive approach, from choosing sustainable materials to incorporating automation systems. These buildings offer long-term savings on energy costs and provide significant economic and social benefits. 🌳 Preparing for the Future As Vietnam’s skyline begins to shift toward sustainability, critical questions arise. Will the race for green certification spark true innovation, or will it become just another box to tick? Does the revolution lie in constructing energy-efficient buildings, or in fundamentally reimagining how we live and work within them? Perhaps the future of real estate is not about the buildings themselves, but how they reshape our relationship with energy, space, and the environment. #GreenBuildings #EnergyEfficiency #SolarStorageLiveVN

Vietnam is advancing its green energy transition but faces hurdles in fully unlocking the potential of rooftop solar projects. Despite new policies, gaps between ambition and execution are slowing the pace of renewable transformation. 📜 Policy Framework in Place Two key decrees were recently passed: — Decree No. 135/2024/NĐ-CP: Promotes rooftop solar projects through self-generation and self-consumption. — Decree No. 80/2024/NĐ-CP: Establishes direct power purchase agreements (DPPA) to encourage foreign investments and private participation. These policies aim to attract FDI and support local manufacturers’ shift to renewable energy, but challenges remain. 🚧 Structural Hurdles: Money, Space, and Regulations Businesses face key barriers despite the new decrees: — Financial vs. Space constraints: Some companies lack the capital to install rooftop solar systems, while others face limitations in available rooftop space. — Industrial Parks' Struggles: Northern industrial parks are struggling to embrace rooftop solar projects under DPPA because the power consumption of smaller users does not meet the 200,000 kWh/month threshold—essential for participation. — Unfinished PDP8 Adjustments: Many companies await the Ministry of Industry and Trade’s decisions on planning changes. 💸 Small Businesses and Financial Barriers Vietnam’s garment sector — a leading export industry with a target of $47–48 billion by 2025 — is disproportionately impacted. Transitioning to renewable energy demands high upfront costs, straining smaller firms' financial capacity. The Vietnam Textile & Apparel Association (VITAS) is advocating for tax breaks and financial incentives to ease this transition. 🏭 Plastic & Rubber Industry Faces Similar Struggles Rising electricity costs and regulatory complexities hinder the adoption of rooftop solar by companies in these sectors. Access to green finance and supportive state mechanisms would accelerate their renewable transition. ⚡ Vietnam’s Green Energy Crossroads Vietnam stands at a pivotal moment in its green energy journey. While new policies signal promise; financial gaps, spatial constraints, and regulatory hurdles highlight that ambition alone won't suffice. The question is clear: Can Vietnam turn these challenges into opportunities by fostering equitable access to green finance and innovative strategies? The journey demands more than ambition — it demands collaboration, innovation, and decisive action. #GreenEnergy #RooftopSolar #VietnamEnergy #EnergyTransition #SolarStorageLiveVN

We’re all about bringing the brightest minds and the most impactful stories to Solar & Storage Live Vietnam 2025. HEINEKEN Vietnam’s bold journey toward Net Zero is exactly the kind of inspiration Vietnam needs — proving that sustainable practices aren’t just possible; they’re game-changers for businesses large and small. This afternoon, I had the absolute pleasure of meeting the sustainability team at HEINEKEN Vietnam’s office. We talked about their engagement at the 2025 event, and let’s just say… my Christmas season just got merrier. Cheers to progress! 🍻🎄 If you’re leading your company’s energy transition — or know the one who is — message me Phu Nguyen! We’re committed to showcasing the best of the best at Vietnam’s largest event dedicated to energy transition across industry sectors including agriculture, aquaculture, manufacturing, logistics, transportation, real estate, and beyond. Together, we put your story on the stage it deserves! ☀️🔋 #HEINEKENVietnam #Sustainability #NetZero #RenewableEnergy #CircularEconomy #Vietnam #GreenBusiness #SolarStorageLiveVN

HEINEKEN Vietnam has set its sights on achieving Net Zero emissions by 2030, leading a wave of corporate climate responsibility in Southeast Asia. With a robust strategy encompassing renewable energy, water efficiency, and sustainable supply chains, the company demonstrates how legacy brands can navigate the transition toward green growth. ⚡ Decarbonizing Operations: A Focus on Renewables Between 2020 and 2023, Heineken Vietnam reduced its CO2 emissions by more than 10% by optimizing production processes and integrating renewable energy. Currently, five out of six breweries operate entirely on renewable energy, relying on biomass fuels and locally sourced agricultural by-products like rice husks. This initiative not only lowers carbon intensity but also injects additional income into rural communities. Heineken Vietnam is also further expanding its clean energy portfolio, exploring solar, wind, and hydropower solutions to eliminate fossil fuel dependency. 💦 Water Efficiency: Recycling at Scale The company has pioneered water-saving innovations, achieving 95% water recycling across its facilities and reducing water consumption in beer production through advanced conservation technologies. ♻️ Sustainability through Design and Partnerships Packaging plays a vital role in Heineken’s sustainability roadmap. The company has introduced recycled glass bottles and 100% recyclable aluminum cans, with 40% of aluminum and 100% of carton materials sourced from recycled products. Even beer crates, with a lifespan of 5-10 years, are repurposed or recycled upon expiration. Collaborating with farmers and suppliers, Heineken emphasizes sustainable raw materials and eco-friendly transportation. Educational campaigns targeting consumers and partners underline the company’s belief: achieving Net Zero requires collective action from all stakeholders. 🌎 A Critical Test for Corporate Sustainability Heineken Vietnam’s journey toward Net Zero by 2030 highlights how localized, innovative strategies can drive impactful change in high-growth markets. By harnessing renewable energy, optimizing resources, and aligning supply chains, the company sets a compelling example for industries worldwide. The real challenge, however, lies in scaling these efforts: can such models inspire global adoption, transforming not just brewing but the broader approach to sustainability in emerging economies? The answer could define the next frontier in corporate climate action. #Sustainability #NetZero #RenewableEnergy #CircularEconomy #Vietnam #GreenBusiness #SolarStorageLiveVN

Vietnam, with its ambitious pledge to achieve net-zero emissions by 2050, faces a critical juncture in its energy transition. Experts are urging the country to adopt transformative pilot mechanisms for green and renewable energy, particularly offshore wind power, by 2030. This move could catalyze the nation’s decarbonization efforts, as achieving its emissions target will require substantial policy innovation and financial incentives to attract global investment. 🎯 Ambitious Emissions Targets Demand Swift Action Under the National Climate Change Strategy, Vietnam aims to reduce energy-related emissions by 32.6% by 2030, capping them at 457 million tons of CO2 equivalent. Offshore wind, solar energy, and biomass are seen as crucial pathways to meet this goal, echoing successful regional models in Indonesia and the Philippines, where green financing and biomass co-firing have revolutionized their energy sectors. 📜 Key Policy Innovations Required Policymakers and experts emphasize the necessity of comprehensive frameworks. Feed-in Tariffs (FIT), for instance, have been lauded as pivotal in de-risking renewable energy investments by ensuring stable returns. Yet, beyond financial levers, Vietnam must address institutional barriers, streamline bidding processes, and align fragmented regulations. ⚡ Balancing Innovation with Institutional Reform Transitioning to green energy requires not only financial outlays and advanced technology but also a paradigm shift in policies and governance. Meanwhile, expert are calling for pioneering offshore wind projects in Vietnam's exclusive economic zone, integrated with hydrogen and ammonia production to leverage future clean energy markets. 🇻🇳 Vietnam's Global Role in Renewable Energy With potential untapped and climate commitments looming, Vietnam’s need for international cooperation is urgent. Can Vietnam transform its rich natural resources into a renewable powerhouse while managing the competing demands of rapid industrialization and environmental sustainability? As global leaders assess this high-stakes journey, Vietnam’s ability to balance ambitious climate goals with economic growth will serve as a litmus test for the global transition to renewable energy. If successful, its model could become a blueprint for developing nations navigating the complexities of decarbonization in a rapidly evolving energy landscape. #RenewableEnergy #NetZero #GreenTransition #Vietnam #OffshoreWind #Sustainability #ClimateAction #SolarStorageLiveVN

As Vietnam’s economy accelerates, so does its energy demand. With global carbon taxes looming and domestic consumption surging, the country faces a pivotal moment: meet ambitious energy-saving targets or risk falling behind. ⚡ Ambitious Goals for Energy Efficiency Vietnam's energy-saving program, VNEEP3, targets a reduction in energy consumption by 5-7% between 2019 and 2025, and 8-10% by 2030. These goals build on the Energy Efficiency Law of 2010, which laid the groundwork for earlier achievements. However, while some progress has been made over the past five years, gaps in technological adoption and policy incentives remain obstacles. 📈 Economic Growth Drives Energy Demand The urgency of energy efficiency is underscored by Vietnam’s rapid economic growth. Electricity consumption increased by 4.29% in 2023, and in just the first seven months of 2024, it surged by 14%. Industrial electricity costs, which account for 15-20% of production expenses in some sectors, make energy optimization a critical factor for competitiveness. The Ministry of Industry and Trade estimates potential industrial energy savings of 30-35%, compared to international estimates of 20-30%. ♻️ Global Pressures: Carbon Compliance and Market Access Vietnamese businesses face rising international pressure. Starting in 2026, the European Union’s Carbon Border Adjustment Mechanism (CBAM) will tax imports with high carbon footprints. Similar measures are being introduced by the U.S., Japan, and Australia. For Vietnam’s exporters, meeting these standards is not just a compliance issue but a necessity for market survival. 🚧 Barriers to Implementation Despite the clear economic and environmental benefits, challenges persist: — Limited investment commitment: While some large corporations and foreign-invested enterprises explore energy-saving technologies, smaller firms remain hesitant or implement changes only superficially. — Compliance-driven mindset: Many businesses view energy efficiency as a regulatory requirement rather than an opportunity to optimize production and reduce costs. — Insufficient incentives: Financial support, such as tax reductions or concessional loans, remains limited. High interest rates and scarce funding for energy-efficiency projects further discourage investment. 🤔 Critical Questions for the Future As Vietnam navigates this energy-saving transition, the stakes are high: Can the government turn compliance into a competitive advantage for businesses? Will industry players embrace energy efficiency as a strategic differentiator, or will inertia prevail? And, most provocatively—what happens if the pressure from global carbon markets accelerates faster than local readiness? The answers could reshape not only Vietnam's energy future but set a new precedent for emerging economies worldwide. Time is running out — and the world is watching. #EnergyEfficiency #SolarEnergy #SolarStorageLiveVN

🌟 Vietnam's Energy Demand Surge is driving a Renewable Investment Boom  According to S&P Global Insights💡 2025 outlook: Vietnam is poised for a remarkable surge in energy demand, projected to grow by 9.5% annually! The analysis highlights the critical factors driving Vietnam’s renewable energy boom and underscores the nation’s potential to lead Southeast Asia's energy transition. Key insights from the report: 🔋 The rapid rise in electricity demand is accelerating the shift to renewables. 🌞 Vietnam remains a leader in solar energy, with vast untapped potential. ⚡ Enhancing grid capacity and integrating energy storage are vital to sustainably meet this demand which has been strongly pushed by the Ministry of Industry and Trade Vietnam At Solar & Storage Live Vietnam 2025, these themes will take center stage as international government agencies, local industry leaders and technology providers come together to discuss and advance Vietnam’s energy transition.  Want to make an impact? DM me to get involved! #RenewableEnergy #Vietnam #EnergyTransition #SolarStorageLiveVietnam #Sustainability #SPGlobal #FutureOfEnergy 📖 Read the full article from S&P Global Commodity Insights for more: https://lnkd.in/gweGYaTc