Renewable Energy: Opening up great opportunities for Vietnamese businesses

(HTV) - The forum "Promoting renewable energy for businesses" recently held in Ho Chi Minh City proposed many feasible solutions. Therefore, the event opens up great opportunities for businesses to access renewable energy, improve competitiveness and realize the Net Zero goal by 2050.

In Ho Chi Minh City, the Forum "Promoting renewable energy for businesses" took place with the participation of many experts and business representatives. This event focused on finding practical solutions to bring renewable energy more deeply into economic life. At the same time, the opportunities, challenges and roadmap to realizing the Net Zero commitment were also hotly discussed topics. This is considered a strategic step, not only ensuring national energy security but also helping Vietnamese businesses integrate more deeply into the global value chain.

Overview of the Forum "Promoting renewable energy for businesses" held in Ho Chi Minh City

Removing obstacles, creating leverage for renewable energy

One of the key contents of the forum was to discuss specific mechanisms to remove barriers for businesses. Specifically, the direct electricity trading mechanism and the energy service company model were mentioned as breakthrough solutions. In addition, administrative procedure reform was also emphasized as a key factor, as it will help businesses access renewable energy sources more easily and effectively.

Business delegates asked questions and expressed opinions at the discussion session.

Furthermore, delegates also agreed that the early establishment of a competitive electricity market is an indispensable lever for the energy transition process. According to experts, the development of renewable energy is not only an inevitable trend but also an opportunity for businesses to improve their competitiveness. Thanks to that, businesses can better meet the strict Environmental - Social - Governance (ESG) standards from international markets. This is a strategic step to realize the Net Zero goal by 2050.

Mr. Phan Cong Tien - Director of the Institute for Smart Energy Applications Research (iSEAR)

Experts present the reasons why it is necessary to develop "Renewable Energy"

The event was jointly organized by Business Forum Magazine, Vietnam Clean Energy Association Representative Office in Ho Chi Minh City, Institute for Smart Energy Application Research (iSEAR) and Ho Chi Minh City Power Corporation.

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Source: https://htv.com.vn/nang-luong-tai-tao-mo-ra-co-hoi-lon-cho-doanh-nghiep-viet-nam-222250927141316637.htm