CENTER OF EXCELLENCE FOR ENERGY EFFICIENCY

Voluntary Agreement Scheme
on Energy Efficiency
in Energy Intensive Industries

20:30 | 23/03/2026

VAS - a partnership on energy efficiency

The Voluntary Agreement Program on Energy Efficiency in Energy Intensive Industries (VAS Program) is technical support scheme that helps industrial enterprises improve energy efficiency and reduce CO2 emissions.

The VAS Program is based on a voluntary cooperation between the Government of Vietnam (MOIT) and industrial enterprises. Participating enterprises receive free-of-charge high-quality technical assistance to identify and develop viable energy efficiency projects. 

Specifically, the program supports:

• High-quality energy audits following international energy auditing standards

• Development of energy efficiency projects through pre-feasibility study and feasibility study

• Development of loan applications to a financial institution.

To date, 9 energy auditing companies have been trained by international experts to identify viable energy efficiency projects with strong technical and financial foundations – making them ready for investment decisions.

The VAS Program is part of the Energy Partnership Program between Vietnam – Denmark period 2020-2025 (DEPP3).

More

WHICH ENTERPRISES CAN PARTICIPATE IN THE VAS PROGRAM?

  • (i) The enterprise must be a designated energy user
  • (ii) The enterprise must be majority Vietnamese owned
  • (iii) The enterprise must be genuinely interested in energy efficiency

HOW TO REGISTER FOR PARTICIPATION?

Enterprises interested in joining the VAS Program can contact the project’s technical consultant for detailed guidance:

Mr. Nguyen Thanh Ha

Hide
 

How to participate in the VAS Program

1

Preparation

To participate in the Voluntary Agreement Scheme, enterprises need to:

  • Submit a registration form to the Program
  • Facilitate the local energy auditing firm and international consultants from the DEPP3 Program to conduct a preliminary survey at the enterprise premises
  • Provide the necessary information to the local energy auditing firm to develop a technical proposal

2

Signing the Agreement

Signing the voluntary agreement with the Ministry of Industry and Trade

Refer to the VA template HERE

3

Develop energy efficiency projects

Depending on the results of each activity, enterprises’ needs, and the Program’s resources, the Program will provide technical support for enterprises to implement separate or all the following initiatives:

  • Conducting energy audits in comformity with international standards
  • Developing pre-feasibility studies
  • Developing feasibility studies

4

Preparing loan application

Based on the results of the feasibility study and the enterprises’ interest, the DEPP3 Program may provide technical support for the enterprises in:

  • Preparing loan applications
  • Connecting with suitable financial institutions

ENTERPRISES’ FEEDBACK

Mr. Vu Van Chien

General Director, Song Da Cao Cuong Joint Stock Company

"We strongly believe that the Voluntary Agreement on Energy Efficiency, led by the Ministry of Industry and Trade in collaboration with Danish experts, is beneficial for manufacturing units in general and specifically for a building materials company like Song Da Cao Cuong JSC."

Mr. Le Khac Giang

Deputy Head of Production Department, Deputy Head of Energy Management Department at NatSteelVina Co., Ltd

"Previously, the company had engaged several consulting firms to upgrade the kiln control system but without success. Upon reviewing the pre-feasibility report from the Project, our company was able to identify potentials and methods to apply technology for improving furnace efficiency."

Mr. Tran Trung Thanh

Deputy Director, CTH Porcelain and Ceramic Joint Stock Company

"Through collaboration with the Program, the CTH team learned how to gather detailed data at each production stage, be introduced to new energy mapping tools and discussed energy efficiency solutions with experienced experts. We believe this collaboration will help our company reduce energy costs, enhance production efficiency, minimize environmental impact, and strengthen CTH’s competitive position."

Mr. Phung Xuan Quang

Deputy Director, Xuong Giang Paper Mill

"We place a great emphasis on energy efficiency use. With the support of the DEPP3 Program’s experts, our company has identified some feasible energy efficiency potential. We look forward to receiving the study results so the company can implement specific plans that align with our conditions and development directions."

Mr. Pham Bao Quoc

Deputy Director, NTSF Seafood Joint Stock Company

"With the support of the VAS program, we have identified several existing issues in our production operations as well as in the energy consumption system at the company. This has allowed us to recognize and figure out directions for addressing these shortcomings within the company’s capabilities or to continue receiving support from the VAS program."

Mr. Dao Duy Tuan Hung

Deputy Director General, Tay Do Steel Co., Ltd

"Through the VAS Program, our company has managed and utilized energy more systematically and effectively. Through the energy audit, we can identify significant energy efficiency opportunities, thereby enhancing its competitive capacity. Furthermore, we hope that the Program will help our company connect with financial institutions to receive loan support, enabling the energy efficiency solutions to be implemented with high effectiveness."

Please drop your question here. We will contact you as soon as possible.