Green Economy

Rising demand for cooling systems in various facets of life call for Vietnam to be smarter in managing the industry.

Businesses and entrepreneurs undertaking certified green or circular projects that comply with Environmental, Social, and Governance (ESG) reporting standards will now qualify for state interest rate subsidies under newly issued government guidelines.

Vietnam joined the world in successfully curbing ozone-depleting substances over the last few decades, and while the task continues the experience gained is invaluable.

The move aiming to help ensure national power supply security and develop rooftop solar power.

Vietnam aims to strengthen international integration, including integration into global technology supply chains, leveraging external resources to serve development goals, and creating favorable conditions for foreign enterprises to invest and operate effectively in Vietnam.

Higher production costs, outdated technology, and stringent international green standards are putting severe pressure on domestic printing and packaging enterprises, forcing them to transform to avoid losing market share on their home turf.