steelmakers must act now in cbam entry

Steelmakers must act now in CBAM entry

The introduction of the EU’s carbon border policy will be particularly crucial for Vietnamese steel companies, as they are among the top emitters of greenhouse gases domestically.
cbam may hinder evfta advantages for steel industry

CBAM may hinder EVFTA advantages for steel industry

As the EU's Carbon Border Adjustment Mechanism (CBAM) takes effect on October 1, 2023, steel manufacturers are still confused about how to meet the new requirements.
steel makers shape up to contend with new carbon tax

Steel makers shape up to contend with new carbon tax

Both foreign and local steel businesses are preparing for the upcoming implementation of the EU's Carbon Border Adjustment Mechanism, which will take effect in October.
basf vietnam targets sustainability of its value chain

BASF Vietnam targets sustainability of its value chain

On the sidelines of the Ho Chi Minh City Economic Forum held from 13 to 16 September, Erick Contreras, managing director of BASF Vietnam, spoke to VIR’s Binh An about the circular economy and its implications for Vietnam.
workshop kicks off course on emissions trading

Workshop kicks off course on emissions trading

The Southeast Asia Energy Transition Partnership, in coordination with the Department of Climate Change (DCC), held a workshop to promote awareness of the forthcoming Emission Trading System (ETS) on September 14.
foreign community pushes initiatives for ho chi minh citys green development

Foreign community pushes initiatives for Ho Chi Minh City's green development

More than 100 CEOs from global corporations gathered on September 14 in Ho Chi Minh City to push forward their initiatives and cement their commitment to collaboration with the city to implement its green development and zero carbon goals.
liquefied natural gas among strongest solutions in transitioning from coal

Liquefied natural gas among strongest solutions in transitioning from coal

With up to a 50 per cent lower carbon footprint than coal, liquefied natural gas (LNG) can be adjusted to increase greener electricity when available.
efficient green financing the answer to global pressures

Efficient green financing the answer to global pressures

Vietnam is in critical need of green finance and the development of carbon credit markets to drive sustainable growth and bolster environmental resilience, a conference has heard.
abb celebrates 30 years of substainability commitment

ABB celebrates 30 years of substainability commitment

Vietnam, one of the fastest growing digital economies in Southeast Asia, is actively addressing challenges such as rapid urbanization, the digitalisation process, energy transformation, and climate change to realise the goal of net-zero carbon emissions by 2050.
cbam warrants steel exporter reaction

CBAM warrants steel exporter reaction

Steel exporters will need a robust response following the European Union’s new carbon border tax, which will be valid from October.
southeast asias 100 billion opportunity for green mobility clean power

Southeast Asia's $100 billion opportunity for green mobility, clean power

In Southeast Asia, including Vietnam, low-carbon mobility and clean power have the potential to contribute $90 billion to $100 billion in revenues by 2030.
uk begins second phase of climate finance accelerator in vietnam

UK begins second phase of climate finance accelerator in Vietnam

The UK Embassy in Vietnam has announced a new wave of capacity-building support for low carbon projects that can benefit communities across the Southeast Asian nation.
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.