TH true MILK champions green production to support net zero goal

By Thang Nguyen
Tue, February 13, 2024 | 11:37 pm GMT+7

“To Net Zero” is the goal for TH true MILK’s enclosed dairy chain. From farm to table is how TH Corp. supports and embraces the Vietnamese government’s spirit of “commitment with action”, specifically in climate change response and sustainable development.

TH true MILK's dairy farm complex in Nghia Dan district, Nghe An province, central Vietnam. Photo courtesy of the company.

TH true MILK's dairy farm complex in Nghia Dan district, Nghe An province, central Vietnam. Photo courtesy of the company.

Emissions cut via innovation Net Zero by 2050 was the Vietnamese government’s commitment at the 2021 United Nations Climate Change Conference, or COP26. It was re-emphasized at the recent COP27. It is a target that promotes Vietnam’s process toward a sustainable and eco-friendly economy.

“From day one, TH has prioritized our appreciation for Mother Nature as the moral compass for our business. TH has been running environmental protection initiatives with remarkable results, notably in sewage and waste treatment, renewable energy development, and biodiversity protection, while raising public awareness of a “green” lifestyle and consumption.

In line with the government’s Net Zero goal, TH Corp. continues to execute its sustainable developmentstrategy with six fundamentals, namely: health and nutrition, environment, education, human, community, and animal welfare, said Aghydal Mandal, CEO of TH Corp.

The TH Corp. strategy to cut greenhouse gas emissions includes utilizing ideas and creativity in going green, using eco-friendly, state-of-the-art technology at every TH plant, and renewable energy.

TH has set a target of reducing direct greenhouse gas emissions from its farms and factories by an average of 15% per year. At the same time, the total level of direct and indirect greenhouse gas emissions per product unit at factories and farms will also be cut by an average of 15% per year.

In 2022, as a result of determined and synchronized solutions, TH farms had a 20% drop in emissions per product unit, better than expected. In 2019 and 2020, TH Milk JSC reported an average 0.168 kg of CO2/liter of milk. In 2022, it hit an all-time low of 0.103 kg CO2 per product unit, remarkably lower than other dairy plants in Vietnam and Southeast Asia.

Also in 2022, TH Corp. reduced its gasoline consumption by converting from fossil fuels to biofuel (incinerating leftover splinters from the woodwork industry). Thanks to this, all TH plants witnessed an overall 85% decrease in emissions compared to 2021.

TH farms and factories have converted from traditional light bulbs to LEDs, which has helped to save five million kilowatt-hours of electricity, or 4,000 tons of CO2. This innovation received a consolation prize for energy saving, and the Ministry of Science and Technology’s “Great energy management” prize.

Going green

As a corporation advancing in sustainable development with the goal of zero emissions, TH Corp. is pursuing a green and circular economy model to secure sustainable growth.

Starting with its first fresh milk project, TH has invested in state-of-the-art technology. Since then, TH has used eco-friendly raw materials, and green and renewable energy.

In tandem with businesses looking for renewable energy solutions for progress and utilizing sunny conditions in the north central region, TH carried out a rooftop solar project in June 2020. The project aimed to promote the National Program for efficient power usage from 2019 to 2030. At the end of September 2020, the installation was finished and it was hooked up to the national power grid.

TH is installling more rooftop solar systems at its dairy farms in Nghe An, Thanh Hoa, and Da Lat. The government and the Northern Power Corporation have encouraged this solution to relieve energy shortages in northern Vietnam.

Aghydal Mandal said TH has six solar-powered farms with output providing one-eighth of the corporation’s energy needs (1/5 in the summer.) The solar systems have helped TH save 29,000 kilowatt-hours monthly, with a significant decrease in emissions.

In 2022, TH farms provided 7 million kilowatt-hours to the national grid (almost 10% of the total consumption at TH farms), meaning a cut of 4,500 tons of CO2 annually. Amid current electricity shortages, investing in renewable energy helps to ease the situation, reduce emissions, and reinforce national energy security.

TH Corp. has also developed a biomass electricity project at the NASU Nghe An Sugar Plant, with an estimated output of 30 megawatts in the 2023-2026 period, and it is installing more rooftopsolar systems at its Nghe An woodworking plant and food factories.

TH also applies many ways to optimize electricity, water, and gas consumption to cut costs and reduce emissions. For example, TH has implemented a project to re-use water fromkey equipment. The amount of water recovered accounts for 50-60% of the total amount of steam supplied for production, thus saving FO oil used by the plant. This has cut the amount of electricity, oi land water used significantly compared to 2021.

Toward 2026, projects include using biogas to treat livestock manure and produce energy to heat water at TH plants. Besides, for new equipment, TH will select modern and cutting-edge systems that consume less power and use eco-friendly materials.

Comments (0)
  • Read More
Trung Nam Group's solar power arm suffers $37 mln loss amid rising debt pressure

Trung Nam Group's solar power arm suffers $37 mln loss amid rising debt pressure

Trung Nam Thuan Nam Solar Power Company Limited, a subsidiary of the multi-sector Trung Nam Group, incurred a net loss of VND969 billion ($36.83 million) in 2025, reversing a profit of VND138.2 billion ($5.35 million) a year earlier, according to its 2025 earnings statement.

Companies - Sat, May 9, 2026 | 3:01 pm GMT+7

French firms eye Vietnam’s North-South high-speed railway project

French firms eye Vietnam’s North-South high-speed railway project

A delegation of 15 major French companies and industrial groups has expressed interest in participating in Vietnam’s planned North-South high-speed railway project.

Infrastructure - Sat, May 9, 2026 | 2:38 pm GMT+7

Grocery chain Bach Hoa Xanh opens 1st store in Hanoi, takes cautious northern Vietnam expansion approach

Grocery chain Bach Hoa Xanh opens 1st store in Hanoi, takes cautious northern Vietnam expansion approach

Bach Hoa Xanh, a grocery chain operated by Vietnam’s leading retailer Mobile World Investment Corporation (HoSE: MWG), has opened its first store in Hanoi, marking entry into one of the country’s most competitive consumer markets.

Companies - Sat, May 9, 2026 | 8:17 am GMT+7

Intel to continue expanding investment in Vietnam: exec

Intel to continue expanding investment in Vietnam: exec

U.S. chipmaker Intel will continue expanding investment, supporting workforce training, and helping develop Vietnam’s semiconductor ecosystem as the country refines investment support mechanisms to retain large-scale high-tech projects, said its executives.

Industries - Fri, May 8, 2026 | 7:48 pm GMT+7

Vietnam stocks extend rally to fresh record high

Vietnam stocks extend rally to fresh record high

Vietnam’s benchmark VN-Index extended gains for a fourth straight session on Thursday, closing at a new all-time high of 1,915.37 points as large-cap banking and property stocks supported the market despite continued foreign selling.

Finance - Fri, May 8, 2026 | 5:49 pm GMT+7

Vingroup’s VinMetal partners with Primetals for green steel complex in central Vietnam

Vingroup’s VinMetal partners with Primetals for green steel complex in central Vietnam

Vingroup’s subsidiary VinMetal has signed a strategic cooperation agreement with global steel giant Primetals Technologies to develop a large-scale integrated steel complex in central Vietnam.

Industries - Fri, May 8, 2026 | 4:25 pm GMT+7

Hanoi pushes Sumitomo, BRG to accelerate $4.2 bln smart city project

Hanoi pushes Sumitomo, BRG to accelerate $4.2 bln smart city project

Hanoi authorities have asked Japan’s Sumitomo and local conglomerate BRG Group to quicken the progress of the North Hanoi Smart City project as soon as legal procedures are finalized.

Real Estate - Fri, May 8, 2026 | 3:31 pm GMT+7

Moody's Ratings upgrades MBBank's deposit ratings to Ba2 from Ba3, outlook stable

Moody's Ratings upgrades MBBank's deposit ratings to Ba2 from Ba3, outlook stable

Moody’s Ratings (Moody’s) has announced an upgrade of the local currency and foreign currency long-term deposit and issuer ratings for Military Commercial Joint Stock Bank (MB, HoSE: MBB) from Ba3 to Ba2, aligning with Vietnam’s sovereign rating (Ba2 positive). The outlook remains "Stable."

Banking - Fri, May 8, 2026 | 3:00 pm GMT+7

Vietnam welcomes leading Indian groups to expand energy, infrastructure cooperation: top leader

Vietnam welcomes leading Indian groups to expand energy, infrastructure cooperation: top leader

Vietnam is ready to create favorable conditions for capable Indian corporations and businesses to expand investment and operations in the country in line with its laws, while ensuring transparency and balanced interests among stakeholders, said Vietnam’s Party chief and President To Lam.

Economy - Fri, May 8, 2026 | 1:59 pm GMT+7

Vietnam airport operator ACV records slows disbursement for Long Thanh mega-airport project

Vietnam airport operator ACV records slows disbursement for Long Thanh mega-airport project

Airports Corporation of Vietnam's (ACV) slow disbursement for the Long Thanh International Airport project, located in the southern province of Dong Nai, highlights implementation bottlenecks despite the company's strong profitability in Q1/2026 and substantial cash reserves for the country's largest aviation infrastructure project.

Companies - Fri, May 8, 2026 | 1:41 pm GMT+7

Vietnam property developers shift to asset-holding strategy for stable cash flow

Vietnam property developers shift to asset-holding strategy for stable cash flow

Vietnamese property developers are increasingly shifting away from the traditional build-to-sell model and focusing instead on accumulating long-term assets capable of generating stable recurring income, as the industry adapts to lessons learned from the market downturn of 2022-2023.

Real Estate - Fri, May 8, 2026 | 12:07 pm GMT+7

Vietnamese, Indian firms exchange 27 agreements on aviation, tourism, logistics, technology

Vietnamese, Indian firms exchange 27 agreements on aviation, tourism, logistics, technology

Vietnamese and Indian firms on Thursday exchanged 27 cooperation agreements aimed at boosting trade, investment, tourism and training between the two countries, thereby making bilateral partnership deeper, more practical and effective.

Economy - Fri, May 8, 2026 | 11:13 am GMT+7

MBBank ranks among Vietnam's leading lenders for SME working capital in key industries

MBBank ranks among Vietnam's leading lenders for SME working capital in key industries

Military Bank (MB) has emerged as one of Vietnam’s leading providers of working capital financing for small and medium-sized enterprises (SMEs) operating in key economic sectors, according to National Credit Information Center (CIC) data.

Banking - Fri, May 8, 2026 | 8:56 am GMT+7

Hanoi eyes massive replanning of Red River corridor, relocation of riverside communities

Hanoi eyes massive replanning of Red River corridor, relocation of riverside communities

Hanoi plans to gradually relocate and reorganize all residential areas outside the Red River dike system as part of an ambitious urban redevelopment strategy aimed at transforming both banks of the river into a new economic and cultural corridor for the capital.

Economy - Thu, May 7, 2026 | 5:04 pm GMT+7

Thaco, VinFast, TC Group urge Vietnam gov't to keep auto sector under conditional business rules

Thaco, VinFast, TC Group urge Vietnam gov't to keep auto sector under conditional business rules

Vietnam’s three major domestic automotive corporations - Thaco, VinFast and TC Group - have urged the government to maintain automobile manufacturing, assembly and import activities within the list of “conditional business sectors,” warning that deregulation could weaken the country’s long-term industrial strategy and expose local producers to unfair competition.

Economy - Thu, May 7, 2026 | 4:09 pm GMT+7

Prudential Vietnam remits $194 mln in retained earnings to parent company

Prudential Vietnam remits $194 mln in retained earnings to parent company

Prudential Vietnam transferred over VND5.1 trillion ($194 million) in retained earnings to its parent company, Prudential Corporation Holdings, earlier this year, according to disclosures in its 2025 financial statements.

Finance - Thu, May 7, 2026 | 3:33 pm GMT+7