With a developing economy, while setting a goal of rapid and sustainable growth like Vietnam, green transformation and energy transition are not only urgent requirements but also opportunities to improve competitiveness, attract investment and create new growth momentum.
According to Mr. Nguyen Quang Vinh, Vice President of the Vietnam Chamber of Commerce and Industry, over the past time, the national policy and strategy system on green growth, energy and climate change adaptation has become increasingly complete. Many ministries, sectors, and localities have proactively issued emission reduction plans. The Fair Energy Transition Program (JETP) and international cooperation initiatives are opening up opportunities to mobilize financial and technological resources.
However, "bottlenecks" still exist such as limited investment capital, core technology not meeting requirements, unsynchronized emission measurement and monitoring systems, and limited implementation capacity in localities," Mr. Vinh shared.
According to Mr. Nguyen Tien Huy, Secretary General of the Vietnam Business Council for Sustainable Development (VBCSD), energy is no longer simply an input factor, but has become a decisive factor in competitiveness, self-reliance and the position of the economy. Affirming the important role of energy security for economic development, in 2025, the Politburo issued Resolution 70-NQ/TW on ensuring national energy security to 2030, with a vision to 2045.
The resolution sets a goal to build a modern, sustainable, diverse and highly resilient national energy system. In which, using energy economically and efficiently, especially with fossil fuel sources such as gasoline and oil, is considered one of the important pillars.
The Resolution does not only stop at macro orientation but also sets specific action requirements for the business community. Because businesses are the force directly consuming energy, deciding the level of efficiency in using gasoline and oil through the selection of technology, operating vehicles and production and business models," Mr. Nguyen Tien Huy assessed.
According to Mr. Nguyen Tien Huy, optimizing energy consumption in business operations is not only a temporary solution but also a long-term strategy. Businesses that proactively improve processes, reduce fuel consumption, and optimize operation will have a clear cost advantage, thereby improving competitiveness in the value chain.
Businesses today are not only production actors but also play a role in shaping the energy future. This requires proactiveness in technological innovation, operating optimization and especially improving energy efficiency in each stage of operation, from production to transportation and distribution. Each saving solution, no matter how small, can bring significant efficiency. Not only helping businesses reduce operating costs, efficient fuel use also contributes to reducing emissions, meeting increasingly strict environmental standards in the international market," Mr. Huy said.
