Green energy and automation are two crucial development trends in Vietnam in recent years.
The green energy sector in Vietnam is currently experiencing rapid growth. According to the Ministry of Industry and Trade, the total installed capacity of renewable energy in Vietnam reached 17,600 MW by the end of 2022, accounting for approximately 16% of the total installed capacity nationwide. Vietnam’s goal is to achieve 42% of the total installed capacity from renewable energy sources by 2030.
The Vietnamese government has implemented several policies to encourage the development of green energy, including:
* Import tax exemption for renewable energy devices
* Corporate income tax reduction for enterprises investing in renewable energy
* Credit support for renewable energy projects
Currently, the rising demand for energy in Vietnam due to socio-economic development presents an opportunity for the growth of the green energy sector. Technological advancements in green energy contribute to cost reduction and enhance the efficiency of renewable energy sources, further driving the development of the green energy industry.
As of 2022, the total installed capacity of renewable energy in Vietnam has surged from 3,400 MW in 2016 to 17,600 MW. The proportion of renewable energy in the total installed electricity capacity has increased from 7.1% in 2016 to 16% in 2022. The number of renewable energy projects has also risen from 1,600 in 2016 to 4,200 in 2022.
The rapid development of green energy in Vietnam signals substantial potential for continued growth in the coming years. This progress contributes significantly to ensuring energy security, and environmental protection, and fostering socio-economic development in the country.
The growth of the green energy sector has led to the simultaneous development of automation in Vietnam. According to the Vietnam Automation Association, the total production value of the country’s automation industry reached approximately USD 10 billion in 2022. Vietnam aims to become a regional automation hub by 2030.
To achieve this goal, the Vietnamese government has introduced policies supporting and promoting automation development. These policies encompass support for industrial development, high-tech enterprise development, and workforce training initiatives.
The increasing demand for automation in production, especially in processing and manufacturing industries, is driven by the overall economic development in Vietnam. The development of automation technology helps reduce costs and improve the efficiency of automated systems, contributing to the overall advancement of the automation industry.
As of 2022, the total production value of Vietnam’s automation industry has increased from USD 5.8 billion in 2016 to USD 10 billion. The contribution of the automation industry to the GDP has risen from 2.4% in 2016 to 3.5% in 2022. The number of automation enterprises in Vietnam has also doubled from 10,000 in 2016 to 20,000 in 2022.
The development of the automation industry plays a crucial role in enhancing productivity, quality, and efficiency in production, thereby driving socio-economic development in Vietnam. EMTEK Automation, in particular, has made significant contributions to the robust development of the automation industry in Vietnam.
EMTEK Automation provides modern automation solutions, from control systems to products and services, helping businesses optimize their production processes. Leveraging Industry 4.0 integration, EMTEK Automation offers intelligent solutions, utilizing artificial intelligence and the Internet of Things (IoT) to enhance management and monitoring.
With its expansion and growth, EMTEK Automation contributes to job creation in the community, playing a role in the socio-economic development of Vietnam. EMTEK Automation has pioneered breakthroughs in the field of automation. Explore EMTEK’s Automation domain and how the application of advanced technology helps businesses optimize and become more efficient in the production process, promoting performance and resource savings with advanced automation solutions.
In pursuit of a sustainable future and addressing energy challenges, EMTEK is spearheading transformative changes in the solar energy and energy storage sector. Responsible for EMTEK’s Solar Energy Sector – Asia Networks Energy (ANE) and Automation is EMTEK Automatio. The combination of green energy and automation is a particularly crucial trend in the modern era, offering significant benefits for both the environment and industrial production.
Reducing greenhouse gas emissions
Green energy, derived from renewable sources, does not emit greenhouse gases such as carbon dioxide, which contribute to the greenhouse effect and climate change. Automation can enhance energy efficiency, reducing the need for energy consumption from traditional sources and thus contributing to a reduction in greenhouse gas emissions.
Enhancing energy security: Green energy helps reduce dependence on traditional energy sources, which may be subject to disruptions due to political or natural factors. Automation can improve the operation and resilience of energy systems, thereby strengthening energy security.
Improving production efficiency: Automation can automate production processes, minimizing errors and increasing productivity. Green energy can contribute to lower energy costs, helping businesses save costs and increase profitability.
Creating employment opportunities: Both the green energy and automation industries are robustly growing, creating numerous employment opportunities for skilled workers.
Several companies in Vietnam have successfully implemented automation to optimize operations in the green energy sector:
The integration of green energy and automation not only enhances efficiency but also shapes a sustainable and intelligent future, serving as a driving force for global innovation and development.
Vietnam stands not only as a pioneer in green energy development but also as a compelling example of a nation committed to sustainable goals. The combination of green energy and automation will play a crucial role in shaping the innovative and sustainable future of the energy sector in Vietnam.
On August 27, 2024, in Hanoi, a signing ceremony took place for the strategic partnership agreement between Asia Networks PEMS Co., Ltd. – a member company of EMTEK, and Vietnam Petroleum Power Services Joint Stock Company (PVPS). The agreement involves the provision of Expert Services, Maintenance, and Repair Service for Thermal Power Plants, Petrochemical Facilities, and Oil & Gas plants in Vietnam.
Vietnam, a rapidly developing nation in Southeast Asia, demonstrated its proactive commitment at the COP26 climate conference in Glasgow, Scotland. With the global goal of mitigating climate change, Vietnamese businesses have entered the race to contribute to international commitments and efforts regarding energy and climate.
EMTEK is a company with a diverse and growing workforce. Therefore, EMTEK recognizes the importance of a harmonious and diverse work community. A diverse community fosters creativity and innovation. Diversity in experience, perspectives, and working styles introduces new approaches and creative solutions to technological and business challenges. It also helps EMTEK attract and retain talent from around the world. This gives the company a workforce rich in skills and intellect, bolstering its competitive strength.
EMTEK understands that a creative and motivating work environment plays a crucial role in driving organizational performance and success. Specifically, such an environment can positively impact the development and success of the organization by fostering creativity, motivation, enhancing performance, providing learning opportunities, and strengthening team spirit.
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EMTEK’s corporate culture is a unique blend of passion, innovation, and team spirit. By integrating these three “ingredients,” EMTEK not only creates a positive work environment but also drives the organization's growth and success. This cultural framework helps EMTEK maintain its competitive edge and uphold its position as one of the leading companies in the technology and automation sectors in Vietnam. EMTEK respects and encourages the passion of its employees in all aspects of their work, aiming to contribute to the organization's success through individual effort and commitment.
