vehicle giants pivot to electrified and hybrid future

Vehicle giants pivot to electrified and hybrid future

Carmakers in Vietnam are making dramatic changes to their operations in pursuit of sustainability, through expanding the scope and style of their offerings.
toyota harnesses renewables towards carbon cutting efforts

Toyota harnesses renewables towards carbon-cutting efforts

In line with Toyota’s ambitious Environmental Challenge 2050, the company is steering towards a carbon-neutral future, particularly involving solar tech.
action to drive carbon reduction goal

Action to drive carbon reduction goal

Cooperation between businesses and social organisations can make a positive contribution to reducing carbon footprints and protecting the environment, according to Tran Nhat Minh, director of the Institute for Research on Development Communication.
rooftop solar plans may stifle industry

Rooftop solar plans may stifle industry

The Ministry of Industry and Trade is proposing to encourage rooftop solar power in offices and homes – but not in service and production businesses or industrial zones, which has caused concern for foreign and local producers in implementation of carbon reduction commitments.
sabecos sustainable development combines with environmental protection

SABECO’s sustainable development combines with environmental protection

SABECO (Saigon Beer-Alcohol-Beverage Corporation) has been pouring resources into its rooftop solar energy systems in order to reduce costs and carbon emissions, following the company’s net-zero emissions target for 2050.
vietnam needs roadmap for carbon neutrality in light of cbam

Vietnam needs roadmap for carbon neutrality in light of CBAM

Fears were expressed at a recent workshop that the Carbon Border Adjustment Mechanism (CBAM), to be implemented by the EU on October 1, may have a significant impact on Vietnamese businesses exporting to Europe.
idemitsu meeting low carbon needs with binh dinh black pellet production plant

Idemitsu meeting low-carbon needs with Binh Dinh black pellet production plant

Idemitsu Kosan Co., Ltd. has inaugurated a commercial black pellet production plant in the south-central province of Binh Dinh, demonstrating its efforts to contribute to carbon neutrality.
international aid for carbon mitigation now on the table

International aid for carbon mitigation now on the table

International institutions, including the World Bank, are willing to provide financial aid for Vietnam’s agricultural sector to complete carbon emissions mitigation.
hyosung vietnam to invest nearly 1 billion in carbon fiber plant

Hyosung Vietnam to invest nearly $1 billion in carbon fiber plant

Hyosung Vietnam has announced plans to invest approximately $1 billion in a carbon fiber manufacturing facility, solidifying its strategic position in Vietnam's industrial landscape.
standard chartered vietnam spearheads initiative on voluntary carbon credit exchange

Standard Chartered Vietnam spearheads initiative on voluntary carbon credit exchange

Standard Chartered Vietnam, together with the Department of Climate Change under the Ministry of Natural Resources and Environment (MoNRE) and Climate Impact X (CIX), has organised a seminar on establishing and operating a voluntary carbon credit exchange in Vietnam.
nascent green finance market in need of robust support

Nascent green finance market in need of robust support

Vietnam is making it a priority to establish a domestic carbon market in the next five years in order to reach net-zero carbon emissions.
exxonmobil to buy denbury for 49 bn to expand low carbon business

ExxonMobil to buy Denbury for $4.9 bn to expand low-carbon business

ExxonMobil will acquire Denbury Inc., a specialist in enhanced oil recovery and carbon sequestration, for $4.9 billion as it builds out its low-carbon business, the oil giant announced Thursday.
ge digital joins with bamboo airways to save on fuel costs

GE Digital joins with Bamboo Airways to save on fuel costs

GE Digital has announced a new agreement with Bamboo Airways that will help the airline enhance its fuel efficiency and reduce carbon emissions. Bamboo Airways is set to adopt GE Digital’s Fuel Insight and FlightPulse, two market-proven software solutions that are designed to provide airlines with data they can use to reduce fuel costs and optimise operations.
energy sector co2 emissions hit record in 2022 study

Energy sector CO2 emissions hit record in 2022: study

Global energy sector carbon dioxide emissions hit a record peak last year counter to Paris commitments, a key study warned Monday, and highlighted the "worst ever" impacts of climate change.
steady rise to goal of carbon neutrality

Steady rise to goal of carbon neutrality

The carbon-neutral investment outlook in Vietnam is expected to be joined by an increased number of both local and overseas players.