Many large-scale enterprises in the manufacturing industry participated in EPV-HVACR–INMEX. Among those were Makel Elektrik Malzemeleri San. Ve Tic. A.Ş, Transformator Elektromekanik San. Ve Tic A.Ş.Sodick, As Tavrida Electric Export, Thyssenkrupp Electrical Steel Gmbh, Eae Elektrik Asansör End. Inş. San. Ve Tic. A.Ş, Bmwi, and many others.
|The EPV-HVACR–INMEX was held from September 7 to 9 |
EPV-HVACR–INMEX also organised a series of seminars based on the practical needs of enterprises, with high applicability to provide the enterprises with a deeper insight about three core industrial sectors in Vietnam and practical challenges, as well as with knowledge from experts and representatives of large enterprises.
According to Tee Boon Teong, general manager of Informa Vietnam, the organiser of the exhibition, Vietnam has recovered well post-pandemic with a 6.4 per cent economic growth projection for 2022 and with the industrial production sector growing by 8.5 per cent and the manufacturing sector at 9.7 per cent.
|“Spiraling energy cost and logistics disruptions have affected Vietnam’s living cost over the last quarter and are expected to feature over the coming year,” Teong concluded. |
“These sectors are leading contributors. Industrial land prices, a key barometer for foreign direct investments in manufacturing have been robust and are still appreciating – a promising sign for Vietnam’s longer-term industrialisation and urbanisation journey. Challenges however lay in wait shorter term. A speed bump you might say,” said Teong.
“Spiraling energy cost and logistics disruptions have affected Vietnam’s living cost over the last quarter and are expected to feature over the coming year. Vietnam needs to prepare for a challenging year ahead with possible demand disruptions across her export sectors with supply chain disruptions ever-present and with energy prices squeezing profits,” he added.
Teong also said that there is a need to buttress Vietnam’s energy supply chain as quickly as possible against external price shocks through localised production – renewables and, the reduction of hydrocarbon imports.
“Mindset shifts, the sun, and the wind are relatively free and should be better exploited. To add to this, power distribution, controls and transmission technologies play an important role to improve system efficiencies. If we improve the efficiency of every electrical node in this country, and there are billions of them, by a fraction of a percentage, the total power savings could also defray immediate investment needs,” he added.
Talking with VIR, Mikael Jakobsson, president of the Asia-Pacific Urban Energy Association, confirmed that Vietnam has a great opportunity for energy development based on its tremendous economic growth. Together with climate changes, people are demanding a better life and that drives demand growth.
Moreover, Vietnam has a stable political environment and a regulatory framework is already in place. This is a good foundation for doing things from the beginning, he said.
“Vietnam is a new market for international enterprises and we need all of the stakeholders in all kinds of projects. The most important thing for all sectors is complete public facilitation,” commented Jakobsson.
To achieve the target of zero carbon in 2050 set by the Vietnamese government, Jakobsson said that planning is the key factor.
|“If Vietnam has a modern and sustainable energy planning in place it is much easier to attract investors utilities and all other stakeholders to participate,” Jakobsson said. |
“Planing means from city planning to integrated energy planning, including electricity, cooling, storage, and all other relevant sectors. If Vietnam has a modern and sustainable energy planning in place it is much easier to attract investors utilities and all other stakeholders to participate,” Jakobsson confirmed.
Minh Ha Duong, a senior scientist at the Centre National de la Recherche Scientifique, Paris and chairman of the Vietnam Initiative for the Energy Transition, recommended that to attract investment into the Vietnam power sector, policy directions should be implemented.
“They are reducing electricity peak loads by promoting energy efficiency through the application of industry standards, appliances labelling, and other well-known policies and programmes, prioritising decentralised power generation such as solar rooftops with storage and stressing demand side management with smart meters, smart charging, and IoT,” Duong said.
Duong added that after that, Vietnam should finalise the development of Block B offshore gas field gas-to-power value chain project, accelerate the installation of renewable power sources, increase the retail price of electricity to reflect the total cost of generation and transmission, and allow state-owned enterprises to access financial markets to raise capital and debt for sustainable investments.
| ||Over 200 firms participate in HVACR VN 2018 |
More than 200 domestic and foreign enterprises are taking part in the International Exhibition on Heating, Ventilation, Air-Conditioning, Air Filtration and Purification and Refrigeration Systems (HVACR Viet Nam 2018).
| ||HVACR Vietnam kicked off in Ho Chi Minh City |
HVACR Vietnam, the exhibition for heating, ventilation, air conditioning, air filtration and purification, and refrigeration technology and systems, opened its doors today in Ho Chi Minh City.
| ||HVACR Vietnam expo opens in HCM City |
A wide range of products and services related to heating, ventilation, air-conditioning, air filtration and purification, and refrigeration from more than 250 Vietnamese and international companies and brands are on display at an exhibition that opened in HCM City on March 25.
| ||The 14th edition of HVACR Vietnam arrives soon |
Well known as a trusted international exhibition platform, HVACR Vietnam 2022 is considered one of the most interesting exhibitions for the heating, ventilation, air conditioning, and refrigeration (HVAC) community.