Vietnam:
- Renewable energy: Vietnam has set a target of generating 10% of its electricity from renewable sources by 2030, creating opportunities for companies involved in the development and construction of renewable energy projects. For example, a 450 MW solar power project in Binh Phuoc has been approved by the government, which is expected to be one of the largest solar projects in South-East Asia.
- Water management: Vietnam is prone to water scarcity and flooding, and there is a need for companies to invest in water management solutions such as water recycling, rainwater harvesting, and desalination. For example, the Vietnamese government has launched a program to build water treatment plants and improve water distribution infrastructure in rural areas.
- Sustainable Manufacturing: Vietnam is a significant manufacturing hub, and there is a need for companies to invest in sustainable manufacturing practices that reduce waste, improve energy efficiency, and promote worker safety. This includes companies that provide innovative solutions for sustainable manufacturing, such as circular economy business models and Industry 4.0 technologies.
- Sustainable Infrastructure: Vietnam has significant infrastructure needs, including transportation, energy, water, and waste management. There is a need for companies to invest in sustainable infrastructure solutions that address these needs while minimizing environmental impact. This includes companies that provide innovative solutions for sustainable infrastructure, such as green building materials, smart transportation systems, and water treatment technologies.
These are just a few examples of the ESG opportunities in Vietnam, and there may be other opportunities in other sectors as well. However, these examples provide a good starting point for understanding the ESG landscape in Vietnam.
