Rising demand for energy and water

Despite difficulties caused by the Covid-19 pandemic, such as travel restrictions that prevent investors from site inspections and direct meetings, there remains great interest in the country since it is considered a new regional industrial powerhouse, it added. … [Read more...] about Industrial land rents in north rise to new peak

Hanoi (VNA) - The Solar Storage System (ESS) offers a low-cost and low-emissions solution for peak-hour power supply, helping Vietnam pursue low emissions development and ensuring economic growth, according to an expert at a workshop held in Hanoi on January 27. Mark Leslie, Managing Director of the Green Investment Group at Macquarie Capital, said the solution helps integrate solar power into the grid. Energy storage is the capture of energy produced at one time for use at a later time, to reduce imbalances between demand and generation. According to a representative from the Blueleaf Energy company - an organiser of the workshop - the solar energy storage system allows the use of low-cost solar power at noon to charge and then discharge during peak hours to meet peak loads. Solar power sources are intermittent and fluctuate during the day, thus causing several issues for grid operation. The combination between the source and the energy storage system can lead to more stable … [Read more...] about Solar energy storage system offers low-cost solution for Vietnam

One of our successful clients is Saint-Gobain (North America), one of the largest building material manufacturers in the world. At the site level, they use energy 24/7 and they have to optimise costs and energy consumption at those sites. They have the proper tools within the plants and the experts to support them in this management. Each plant was buying energy from their local utility. EcoStruxure has been the tool to give them full visibility from the site to the corporate level, to the global level. Thanks to EcoStruxure, they have saved hundreds of millions of dollars and fuelled innovation at the company. … [Read more...] about The “next normal” in business is sustainability

Hanoi (VNA) - Vietnam’s footwear sector is now beginning to see positive signs after export revenue for footwear and handbags fell 11 percent year-on-year to 19.5 billion USD in 2020, making it one of the sectors hardest hit by COVID-19. Vietnamese companies have proved their capacity in research and development (R&D) and design, according to Chairman of the Vietnam Leather, Footwear and Handbag Association (LEFASO) Nguyen Duc Thuan. Signs show that Vietnam is further penetrating into the leather-footwear supply chain, he said, as the design and R&D processes rake in high added value for products. The domestic supply of materials for the sector now represents 60 percent. Local businesses can take the initiative in producing soles and moulds, as well as packaging and labelling. This is attributable to their activeness in manufacturing materials locally, Thuan added. In particular, the Gia Dinh Footwear JSC has set up industrial clusters to attract investment in … [Read more...] about Footwear sector further penetrates global supply chain

According to a trader, Ben Thanh Market has about 1,400 stalls. However, because of Covid-19, the market lost a lot of foreign tourists and overseas Vietnamese customers. As a result, half of the stalls have closed in the past months. As demands rise when Tet nears, some traders reopened their stalls and about 20 traders moved their shops online. … [Read more...] about Digitalization at Saigon’s oldest market