Carlsberg Vietnam accelerates its path toward net-zero emission in production by 2028 with stronger renewable-energy commitments

By Thai Ha
Fri, November 28, 2025 | 11:52 am GMT+7

As Vietnam advances toward its 2050 net-zero vision, businesses are expected to play a decisive role in enabling the country’s green transition. At the Green Economy Forum 2025, Carlsberg Vietnam shared how a long-standing FDI enterprise is reshaping its operations and energy strategy to align with Vietnam’s sustainability goals.

Managing director Andrew Khan shared Carlsberg Vietnam’s approach to renewable-energy transition at the Green Economy Forum 2025. Photo courtesy of the company.

Managing director Andrew Khan shared Carlsberg Vietnam’s approach to renewable-energy transition at the Green Economy Forum 2025. Photo courtesy of the company.

In its fourth edition, the Green Economy Forum (GEF) 2025, organized by EuroCham, brought together policymakers, business leaders, and sustainability experts to discuss the regulatory and market shifts shaping Vietnam’s sustainability journey and its progress.

Carlsberg Vietnam joined the panel discussion on DPPA Challenges and Opportunities for FDI Enterprises in Vietnam, to exchange viewpoints and stay aligned with Vietnam’s evolving sustainability priorities.

During the panel discussion, managing director Andrew Khan provided practical insights into renewable-energy sourcing and outlined how the company is preparing its next steps in line with Vietnam’s broader energy direction.

Over three decades in Vietnam and an evolving sustainability journey

Carlsberg Vietnam has been part of Vietnam’s economic landscape for more than 30 years. As one of the earliest Danish investors in the country, the company has grown alongside local communities, and sustainability has become a core pillar of its long-term strategy.

This is most evident at the company’s Phu Bai Brewery which has been expanded since August 2025. Recent investments in upgraded equipment, advanced technologies, and automation have helped reduce environmental impact while improving productivity.

Today, Phu Bai brewery runs on iREC-certified renewable electricity and biomass-powered steam. Its high-efficiency brew line reduces water use by 20% and energy consumption by 15%, while improved refrigeration systems help lower emissions further.

These advancements underpin Carlsberg Vietnam’s environmental roadmap: zero waste to landfill by the end of 2025, 100% recyclable or reusable packaging and 2.0 hl/hl water efficiency by 2026, and net-zero carbon emissions in production by 2028.

DPPA as key enabler for Carlsberg Vietnam’s net-zero roadmap

The DPPA (Direct Power Purchase Agreement) session at GEF 2025 underscored that Vietnam’s renewable-energy transition will require coordination between policymakers, developers, and businesses. Representing Carlsberg Vietnam, Andrew Khan highlighted how DPPA fits into the company’s long-term sustainability commitments.

Across Carlsberg Group, Power Purchase Agreements (PPAs) play a central role in securing electricity from newly-built renewable projects. Long-term PPAs across Europe and Asia reflect the group’s ambition to source all electricity from newly-built renewable assets by 2030, positioning Carlsberg among early movers in the global brewing industry.

For Carlsberg Vietnam, DPPA is the natural continuation of this global approach. While the company has sourced renewable electricity through I-RECs since 2022, Andrew Khan noted that certificates are only a beginning.

To reach net-zero production emissions by 2028, Carlsberg Vietnam is preparing to expand renewable-energy use through DPPA participation and on-site solar projects, aligned with Vietnam’s net-zero roadmap by 2050 and the group’s global targets.

“DPPA helps make renewable sourcing more meaningful and impactful,” said Andrew Khan. “It strengthens Vietnam’s clean-energy infrastructure, supports long-term sustainability goals, and signals a clear commitment to modernizing the power market and attracting high-quality green investment.”

“It also opens the door for deeper technology and expertise exchange between Vietnam and Europe. European enterprises can bring innovation, technical know-how, and financing solutions that support Vietnam’s climate agenda. With global experience and a strong local commitment, Carlsberg Vietnam is ready to play a constructive role in this transition.”

In his remarks, Carlsberg Vietnam's managing director Andrew Khan noted that DPPA strengthens Vietnam’s clean-energy transition while creating new avenues for innovation and EU-Vietnam knowledge sharing. Photo courtesy of the company.

In his remarks, Carlsberg Vietnam's managing director Andrew Khan noted that DPPA strengthens Vietnam’s clean-energy transition while creating new avenues for innovation and EU-Vietnam knowledge sharing. Photo courtesy of the company.

Sustainability beyond energy: A long-term commitment to communities

Carlsberg Vietnam’s sustainability journey also extends into the communities where it operates, especially in central Vietnam, home of the Huda brand.

Through its long running “Fresh Water for Beloved Central” program, the company has delivered clean water to nearly 40,000 people across seven years. Its annual Tet (Lunar New Year holiday) initiative, “Tet is Full, Tet is Love,” has supported more than 75,000 beneficiaries over the past decade.

The company also stands with communities in moments of hardship. When historic floods recently struck central Vietnam, Carlsberg Vietnam mobilized VND1.5 billion ($56,870) in emergency relief for affected households in Hue and Danang.

Ahead of GEF 2025, the company further joined EuroCham’s urgent crowdfunding campaign, contributing $1,000 to the Vietnam Fatherland Front alongside other member companies – a collective effort toward “one resilient Vietnam.”

Together, these sustained efforts reflect Carlsberg Vietnam’s commitment to community resilience, shown through both long-term programs and timely support when it is needed most. This dedication was recognized with the 2025 EuroCham Community Impact Award, underscoring the company’s continued partnership with the communities it serves.

A dedicated partner to Vietnam’s green transition

As Vietnam accelerates its sustainability journey, Carlsberg Vietnam sees its own roadmap as part of a long-term partnership with the country. The company remains committed to practical, steady progress: strengthening environmental performance, improving operational efficiency, and sustaining community initiatives across the regions where it operates.

Through these efforts, Carlsberg Vietnam aims to contribute to a more resilient and sustainable future for the country, staying true to its purpose of “brewing for a better today and tomorrow.”

Comments (0)
  • Read More
Carlsberg Vietnam accelerates its path toward net-zero emission in production by 2028 with stronger renewable-energy commitments

Carlsberg Vietnam accelerates its path toward net-zero emission in production by 2028 with stronger renewable-energy commitments

As Vietnam advances toward its 2050 net-zero vision, businesses are expected to play a decisive role in enabling the country’s green transition. At the Green Economy Forum 2025, Carlsberg Vietnam shared how a long-standing FDI enterprise is reshaping its operations and energy strategy to align with Vietnam’s sustainability goals.

Companies - Fri, November 28, 2025 | 11:52 am GMT+7

PV Power says profit may fall in 2026 despite higher output due to extreme weather

PV Power says profit may fall in 2026 despite higher output due to extreme weather

PV Power (HoSE: POW), a subsidiary of state-owned energy giant Petrovietnam, expects electricity output to rise next year, but says profit may decline from this year’s strong results due to increasingly erratic weather conditions.

Companies - Fri, November 28, 2025 | 9:00 am GMT+7

Decoding the attraction of 'A.I Real Combat' contest broadcast on Vietnam Television

Decoding the attraction of 'A.I Real Combat' contest broadcast on Vietnam Television

Vietnam’s first national artificial intelligence competition, 'A.I Thực chiến' (A.I Real Combat), aired its opening round at 8 p.m. Wednesday on state broadcaster VTV2, with a rebroadcast on VTV3 two days later.

Companies - Thu, November 27, 2025 | 8:17 pm GMT+7

Foxconn Industrial Internet’s Vietnam revenue jumps 83% on automation, digitalization: CEO

Foxconn Industrial Internet’s Vietnam revenue jumps 83% on automation, digitalization: CEO

Foxconn Industrial Internet (FII), a unit of Taiwanese electronics giant Foxconn, saw revenue from its new-technology applications in Vietnam rise 83% in the past fiscal year while headcount increased only 20%, driven by automation and digitalization.

Companies - Thu, November 27, 2025 | 4:56 pm GMT+7

SHB bank sees development drivers from capital-raising strategy, opportunities to attract foreign inflows

SHB bank sees development drivers from capital-raising strategy, opportunities to attract foreign inflows

The upcoming capital-hike strategy is expected to position Saigon-Hanoi Bank (SHB) among the Top 4 private banks in Vietnam by charter capital, helping the lender maintain its competitive advantage via robust capital strength.

Banking - Thu, November 27, 2025 | 4:33 pm GMT+7

Vietnam's consumer finance major F88 launches first public bond issuance with 10% annual coupon

Vietnam's consumer finance major F88 launches first public bond issuance with 10% annual coupon

F88, a leading consumer finance company in Vietnam, has received regulatory approval for its first public bond issuance, offering a fixed annual coupon of 10% - a level seen as attractive amid low bank deposit rates and softer corporate bond yields.

Companies - Thu, November 27, 2025 | 4:16 pm GMT+7

Technology, innovation, digital transformation will drive Vietnam to high-income, developed-economy status by 2045: PM

Technology, innovation, digital transformation will drive Vietnam to high-income, developed-economy status by 2045: PM

Science-technology, innovation, and digital transformation will be key drivers for Vietnam to become a developed, high-income economy by 2045, Prime Minister Pham Minh Chinh said at a policy dialogue with World Economic Forum (WEF) managing director Stephan Mergenthaler.

Economy - Thu, November 27, 2025 | 3:25 pm GMT+7

220kV transmission line energized to facilitate electricity imports from Laos to Vietnam

220kV transmission line energized to facilitate electricity imports from Laos to Vietnam

National Power Transmission Corporation (EVNNPT) and the Central Power Projects Management Board (CPMB), in coordination with relevant units, on Wednesday successfully energized the 220kV Tuong Duong-Do Luong transmission line in the central province of Nghe An, facilitating the imports of electricity from Laos to Vietnam.

Companies - Thu, November 27, 2025 | 2:32 pm GMT+7

Government allows eligible Vietnamese citizens to enter Phu Quoc, Ho Tram, Van Don casinos

Government allows eligible Vietnamese citizens to enter Phu Quoc, Ho Tram, Van Don casinos

Vietnam has allowed eligible Vietnamese citizens to gamble at the Phu Quoc, Ho Tram and Van Don casinos starting November 26, per a government resolution issued on Tuesday.

Economy - Thu, November 27, 2025 | 2:02 pm GMT+7

HCMC signs partnership deals with World Economic Forum, blockchain giant Binance

HCMC signs partnership deals with World Economic Forum, blockchain giant Binance

Ho Chi Minh City on Wednesday issued a joint statement with the World Economic Forum (WEF) on an initiative to promote smart manufacturing and responsible industrial transformation in Vietnam, while signing an MoU with Binance to promote the development of the country's International Financial Center.

Economy - Thu, November 27, 2025 | 11:28 am GMT+7

Red Capital exits major shareholder position in EVN's subsidiary VSH

Red Capital exits major shareholder position in EVN's subsidiary VSH

Red Capital Asset Management JSC has ceased to be a major shareholder of Vinh Son-Song Hinh Hydropower JSC (HoSE: VSH), a subsidiary of state-owned Vietnam Electricity (EVN), after sharply reducing its stake.

Companies - Thu, November 27, 2025 | 7:55 am GMT+7

VAFIE, Hung Yen province authority accompany taxpayers

VAFIE, Hung Yen province authority accompany taxpayers

The Vietnam's Association of Foreign Invested Enterprises (VAFIE) and Hung Yen province's tax authority on Tuesday held a workshop on corporate tax policy updates and key notes on 2025 corporate income tax filings.

Companies - Wed, November 26, 2025 | 8:15 pm GMT+7

Thailand’s Super Energy earns $81 mln in Jan-Sep revenue from Vietnam

Thailand’s Super Energy earns $81 mln in Jan-Sep revenue from Vietnam

Super Energy Corporation, a Thai renewable-energy developer, recorded about THB2.62 billion ($81.28 million) in revenue from its Vietnam operations in the first nine months of 2025, according to its Q3 earnings report.

Companies - Wed, November 26, 2025 | 4:51 pm GMT+7

Turning point of Vietnam's fund management industry: exec

Turning point of Vietnam's fund management industry: exec

Vietnam’s asset management industry is entering a pivotal phase as the country seeks to diversify capital flows and strengthen long-term funding, said Lu Hui Hung, CEO of Phu Hung Fund Management, citing the Ministry of Finance's recently issued Decision 3168.

Finance - Wed, November 26, 2025 | 4:42 pm GMT+7

Gelex Infrastructure okayed to launch IPO of 100 mln shares

Gelex Infrastructure okayed to launch IPO of 100 mln shares

Gelex Infrastructure JSC has received approval from the State Securities Commission of Vietnam to proceed with an initial public offering of 100 million shares, the company said.

Companies - Wed, November 26, 2025 | 3:52 pm GMT+7

Seven young PV Gas employees selected for Petrovietnam’s 'Outstanding Youth 2025' program

Seven young PV Gas employees selected for Petrovietnam’s 'Outstanding Youth 2025' program

Seven young employees of PetroVietnam Gas (PV Gas) have been selected for Petrovietnam’s “Outstanding Youth 2025” program, an initiative aimed at identifying and developing high-potential talent across the state energy group.

Companies - Wed, November 26, 2025 | 3:01 pm GMT+7