Tetra Pak installs rooftop solar panels to cut 700 tons of carbon emissions
Packaging giant Tetra Pak has installed 5,900 square meters of rooftop solar panels on its Binh Duong province factory, reducing carbon emissions by 700 tons and generating 1,900 MWh of electricity a year.
According to a release on Wednesday, the system was completed after six months of construction and is part of Tetra Pak’s commitments to reducing greenhouse gases towards net-zero emissions by 2030, said Eliseo Barcas, managing director and president at Tetra Pak Vietnam.
A Tetra Pak factory in Binh Duong province, southern Vietnam. Photo courtesy of the firm.
Targeting sustainable growth and raising the sustainability of packaging products, the Tetra Pak factory in the southern province is studying the deployment of the Common Energy Monitoring Platform (CEMP) to optimize energy usage.
In 2020, Tetra Pak Binh Duong was awarded a Leadership in Energy and Environmental Design (LEED) certificate for saving two million liters of water, reusing and recycling 90% of waste disposals, and cutting 4,000 tons of CO2 emissions yearly.
Last month, the plant was certified an AA+ rating, the top level of Brand Reputation through Compliance Global Standards (BRCGS), becoming the first and only facility out of 82 packaging units in Vietnam to make the grade.
Tetra Pak Binh Duong entered operation in 2019 and is Tetra Pak’s eighth plant in Asia-Pacific, manufacturing sterilized carton packages for Vietnam, ASEAN nations, Australia, and New Zealand.
In 2021, despite the Covid-19 pandemic, the firm invested an additional EUR5 million ($5.44 million) to raise the facility’s capacity from 11.5 billion to 16.5 billion packages a year, and upgrade the facility to produce top-tier packages as substitutions for imported products.
The installation capacity of rooftop solar power in Vietnam as of March 23 was estimated at 7,660 MW, or 9.65% of the total of all power sources, according to EVN's National Load Dispatch Center. The capacity of rooftop solar power is between 5,363 MW at noon and 534 MW in the afternoon-evening.
Recently, rooftop solar power has become a trend among businesses in Vietnam. China-based Jinko Solar Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, is planning to install rooftop solar power for projects in Song Khoai Industrial Park in northern Vietnam’s Quang Ninh province. Jinko Solar has also proposed further plans in the coastal province covering over 100 hectares.
On March 2, Agribusinesses De Heus Vietnam and Bel Ga JSC signed agreements with Green Roof, a local rooftop solar power developer, to install rooftop solar power systems at their establishments. The systems of up to 20 MWp will be set up at 30 facilities of the two businesses in 19 cities and provinces.
In December 2022, Duy Tan Binh Duong Plastics signed a deal to build a 2,170 kWp rooftop solar photovoltaic system covering 16,000 square meters on its factory in the southern province of Binh Duong. The rooftop solar system will generate three million kWh annually, helping the firm reduce its carbon emissions by 2,000 tons a year.
- Read More
From Phu Quoc to Sa Pa: Why Vietnam’s tourism accelerating in Southeast Asia
Leading U.S. business magazine Fortune has described Vietnam as an emerging tourism “hot spot” in Southeast Asia, driven by the strong rise of destinations such as Phu Quoc and Sa Pa.
Travel - Thu, July 9, 2026 | 11:09 pm GMT+7
VietinBank seeks to divest entire stake in Hai Phong Port via public auction
VietinBank (HoSE: CTG) plans to divest its entire stake in state-controlled Hai Phong Port (UPCoM: PHP) through a public auction on the Hanoi Stock Exchange (HNX), potentially raising nearly VND278 billion ($10.57 million).
Companies - Thu, July 9, 2026 | 5:10 pm GMT+7
Starlink begins taking orders in Vietnam, first-year service costs $1,190
Starlink, the satellite internet service operated by Elon Musk’s SpaceX, has released pricing and started accepting orders in Vietnam, with first-year costs estimated at about VND31.4 million ($1,190).
Companies - Thu, July 9, 2026 | 4:09 pm GMT+7
Masan High-Tech Materials partners with S Korea’s GBI on tungsten processing
Masan High-Tech Materials (UPCoM: MSR), the mining unit of Vietnamese conglomerate Masan Group (HoSE: MSN), has entered into a strategic partnership with South Korea’s GB Innovation (GBI) to process Korean tungsten concentrate into higher-value products in Vietnam, strengthening a non-Chinese tungsten supply chain.
Companies - Thu, July 9, 2026 | 3:51 pm GMT+7
Idemitsu Kosan expands energy ecosystem in Vietnam
After more than three decades of operations in Vietnam, Japan’s Idemitsu Kosan is further expanding its energy ecosystem with a biomass pellet plant project in the central province of Gia Lai.
Industries - Thu, July 9, 2026 | 1:43 pm GMT+7
Two banks to list on Ho Chi Minh City bourse, expand charter capital
Vietnam's private banks Vietbank and BVBank are finalizing the last steps to transfer their trading from the unlisted public company market UPCoM to the Ho Chi Minh Stock Exchange (HoSE), while simultaneously implementing plans to increase their charter capital.
Banking - Thu, July 9, 2026 | 11:51 am GMT+7
Strong Q2 earnings, lower interest rates to bolster Vietnam stocks
Strong second-quarter corporate earnings and declining interest rates are expected to support Vietnam's stock market in the coming months, brokerage firms said, as the market moves beyond a period of limited news flow and enters a more favorable phase driven by improving fundamentals.
Finance - Thu, July 9, 2026 | 8:00 am GMT+7
Wistron raises construction, equipment investment in northern Vietnam province to $178 mln
Taiwanese technology firm Wistron has increased its investment in factory construction and equipment in Ninh Binh province to $178.27 million, adding $24.5 million to expand its facilities at Kim Bang Industrial Park.
Industries - Wed, July 8, 2026 | 7:56 pm GMT+7
Sun Group targets groundbreaking for $624 mln urban projects in central Vietnam this year
Vietnam's leading developer Sun Group aims to begin construction of two urban projects worth a combined VND16.4 trillion ($623.78 million) in the central province of Quang Ngai by the end of 2026, while also advancing plans for a new expressway linking the province with the Central Highlands.
Real Estate - Wed, July 8, 2026 | 4:54 pm GMT+7
Vietnam raises airport number target to 36 by 2030 as aviation demand surges
Vietnam plans to expand its airport network to 36 airports by 2030, up from the previous target of 30, under a revised national aviation infrastructure plan aimed at catering for rising passenger demand and boosting regional connectivity.
Infrastructure - Wed, July 8, 2026 | 4:45 pm GMT+7
Germany's VFT Bio Fuels UG eyes $3.1 bln green steel complex in southern Vietnam
Vietnamese industrial park developer IMG Phuoc Dong and Germany’s VFT Bio Fuels UG have signed a memorandum of understanding to study the development of a $3.1 billion green steel complex in the southern province of Tay Ninh.
Industries - Wed, July 8, 2026 | 4:25 pm GMT+7
Vietnam police minister urges Yamato Holdings to study investment in Gia Binh airport
Vietnam’s Minister of Public Security Luong Tam Quang has called on Japan’s Yamato Holdings to assess investment opportunities in warehousing and cargo transport systems at Gia Binh International Airport, while exploring potential cooperation and operational models with Vietnamese partners once the facility becomes operational.
Infrastructure - Wed, July 8, 2026 | 3:09 pm GMT+7
Vietnam real estate M&A favors quality, clear legal status assets as FDI priorities evolve
Vietnam's real estate M&A market continued to attract foreign capital in the first half of 2026 despite persistent global economic uncertainties, but foreign investors are increasingly targeting assets with clear legal status, stable cash flow, and strong operational performance, with data centers emerging as a key growth segment.
Real Estate - Wed, July 8, 2026 | 1:38 pm GMT+7
Central Vietnam hub Danang plans to tokenize nearly $4 bln in infrastructure projects to attract global capital
The Vietnam International Financial Center, located in the central city of Danang (VIFC Danang), plans to tokenize nearly $4 billion worth of infrastructure projects as part of a strategy to attract more global capital.
Economy - Wed, July 8, 2026 | 12:17 pm GMT+7
Computers, smartphones edge higher in price as AI memory boom tests Vietnam's ICT firms
Rising memory chip prices driven by artificial intelligence are spreading from semiconductor manufacturers to consumer electronics brands such as Apple, Dell and ASUS, pushing up the prices of computers and smartphones.
Companies - Wed, July 8, 2026 | 8:00 am GMT+7
LG Innotek to build $1 bln semiconductor substrate plant in northern Vietnam
South Korea's LG Innotek will spend $1 billion to build a semiconductor package substrate manufacturing plant in Hai Phong city, with mass production scheduled to begin in the third quarter of 2028, according to local authorities.
Industries - Tue, July 7, 2026 | 11:13 pm GMT+7




















