ESCO – A future business model for Vietnam

  22 October 2020

The EU – Viet Nam Energy Facility (EVEF) in cooperation with Viet Nam’s Ministry of Industry and Trade (MOIT) organized a workshop “ESCO, A future business model for Vietnam – Lessons learned from international and national ESCO activities/ models” in October 2020. The event is to share the experiences in developing Energy Service Company (ESCO) model in Viet Nam and to raise awareness of government agencies in adjusting policy framework for this model in the future.

On October 22, 2020, in Ho Chi Minh City, the EU – Viet Nam Energy Facility (EVEF) in cooperation with Viet Nam’s Ministry of Industry and Trade (MOIT) organized a workshop “ESCO, A future business model for Vietnam – Lessons learned from international and national ESCO activities/ models”. The workshop is within the framework of Viet Nam Energy Partnership Group (VEPG). The event aims to share the experiences in developing Energy Service Company (ESCO) model in Viet Nam and to raise awareness of government agencies in adjusting policy framework for this model in the future.

Nearly 70 people attended the workshop and discussed the existing legal framework for ESCO in Viet Nam, assessment of the framework from legal experts, and financial mechanism of energy efficiency sector. The speakers also shared their experiences on developing ESCO model and the key learning from the successful ESCO projects.

Following the workshop is a one-day site visit to Heineken Brewery Factory in Ba Ria – Vung Tau with 40 participants. This is a flagship ESCO project on steam and electricity supply and drying brewers’ spent grain in cooperation with Indochine Import Export Investment Joint Stock Company (DDG). The trip enabled participants to learn from different energy efficiency technologies being implemented by Heineken.

Source: GIZ Vietnam. Speakers sharing at ESCO Workshop
Source: GIZ Vietnam. Site visit to Heineken Brewery Factory in Ba Ria – Vung Tau