Solar energy investment drives green transition for Vietnamese businesses

Solar energy investment in Vietnam is shifting from a simple cost-saving measure to a strategic necessity for businesses. As international export markets increasingly demand low-carbon supply chains, companies are utilizing solar power to secure energy autonomy and reduce their carbon footprints to remain competitive.

To support this transition, the Vietnamese government is refining policy frameworks, including Decree 243/2026/ND-CP, which addresses renewable energy development and direct power purchase mechanisms. However, access to green capital remains a critical factor, as the high initial costs of solar installation can strain the cash flow of small and medium-sized enterprises.

In practical application, the Quang Tri Hydropower Company has implemented solar systems at its Dong Ha office to reduce reliance on the national grid. By combining solar technology with energy-saving measures like LED lighting and natural light utilization, the company reported a 5.3% decrease in electricity consumption during the first half of 2026 compared to the same period in 2024, resulting in an indirect reduction of approximately 1.46 tons of CO2 emissions.