RACE TO NET ZERO - GOLDEN OPPORTUNITY FOR GREEN GROWTH

Vietnam has made strong commitments to addressing climate change, aiming for a "0" emission target - Net Zero by 2050 at the United Nations Climate Change Conference in 2021 (COP26).

According to calculations, Vietnam has significant energy-saving and emission reduction potential, particularly in industries such as cement at 50%, ceramics at 35%, coal power plants at 25%, textiles and dyeing at 30%, commercial buildings at 25%, steel at 20%, and agricultural processing at 50%. This is considered a historic turning point, laying the groundwork for businesses' calculations when investing in renewable energy sectors.

Most solutions for improving energy efficiency and renewable energy are feasible for implementation. Currently, WPG's projects are utilizing grid-connected solar energy systems, aiming to minimize the impact of business operations on the environment and reduce emissions to zero.