Vietnam turns green spotlight on energy inefficient industries

December 31, 2011

Businesses must save energy, protect the ecosystem and take steps to deal with climate change while maintaining development, experts told attendees at a forum held this week in Vietnam’s Ho Chi Minh City.

Discussions centred on the participation of corporations in communication activities to raise awareness of green energy. Other topics included support of local communities affected by climate change in the Cuu Long (Mekong) Delta and building of long-term operational mechanisms to respond to climate change in the Cuu Long (Mekong) Delta.

“The green race has started between countries to transform to low-carbon economies and to become the leading supplier of resource-efficient technologies and solutions. Vietnam must not stand outside of this trend,” said Nguyen Quang Vinh, the general secretary of the Vietnam Business Council for Sustainable Development.

The International Finance Corporation (IFC) released figures last Tuesday on current energy usage and the potential to save energy in Vietnam’s cement, iron and textile sectors.

“Between 1998 and 2006, energy spending increased three times, with 45 percent belonging to industry. However, efficiency in using energy in heavy industry is very low, with 75 percent of plants wasting energy,” said Phuong Hoang Kim, head of the Energy General Department’s science, technology and energy-efficiency department.

To improve the situation, the IFC promotes greater energy efficiency, renewable energy, and cleaner production methods and awareness through the Vietnam Energy Efficiency and Cleaner Production (EECP).