BESS – The Golden Key to Vietnam’s Green Energy Future

Stavian Industrial Metals Joint Stock Company identifies green steel as a key product in its business strategy.

Applying technology towards greening

In order to minimize the negative impacts of climate change, a series of mechanisms to reduce greenhouse gas emissions have been established and have gradually become a trend in groups of countries with strict requirements on standards, quality, and environmental safety for imported goods and products such as the EU, the United States, etc.

This trend has a strong impact on many major carbon-emitting industries in Vietnam, including the Steel industry, thereby posing many challenges for manufacturers, importers and consumers.

However, this is also an opportunity for Vietnamese enterprises to develop if they promptly grasp and apply green technology in steel production to reduce greenhouse gas emissions and at the same time help improve the competitiveness of enterprises.

The green transition in heavy industries, especially the Steel industry – a key material in many industries – is a big challenge for Vietnam, not only for manufacturers and trading units but also in the issue of controlling consumption, both in terms of quality, quantity and product price.

Stay ahead of the trend

As one of the General Distributors with strong financial potential in Vietnam, inheriting a network of prestigious partners in more than 100 countries and 30 branches worldwide of Stavian Group, combined with a system of modern offices and warehouses in many provinces and cities nationwide, Stavian Industrial Metal converges many strengths to anticipate market trends, thereby exclusively developing 4 comprehensive business models and 15 outstanding business solutions, to enhance the experience and meet the diverse needs of customers.

Speaking at the 2024 Southeast Asia Steel Conference and Exhibition in Da Nang as a Diamond Sponsor, Mr. Nguyen Minh Tu – Chairman of the Board of Directors of Stavian Industrial Metal – affirmed: the enterprise will continuously improve, on the basis of exploiting the entire domestic and international steel supply chain to enhance the industry’s value contribution to the Vietnamese and world economies.

At the same time, the company will plan to cooperate in production investment, outsourcing, technology development, and technology application to increase the capacity and scale of green steel supply worldwide in general and in Vietnam in particular.

“With the view that connection and collective efforts are the key to success in promoting the process of carbon emission reduction and sustainable development, we call for and will always proactively promote cooperation opportunities in trade, investment, production, technology transfer, and big data related to green steel in particular and green metals in general,” Mr. Tu shared.

At the same time, the company also affirms its willingness to participate in training activities, sharing and improving knowledge, experience, skills, professional capacity, and leadership management to build the core foundation for a green and sustainable metal manufacturing industry.

Accompanying businesses in the process of transformation and development towards a “Net-Zero Transition” world, the company always strives to strongly promote the priority of green steel consumption in the world.

The company plans to apply technologies to support traceability, centralized connection and seamless maintenance of the flow of goods, information and data from the starting point to the end point of use. Thereby serving the collection and creation of data platforms, analysis, evaluation, control and carbon reduction throughout the product life cycle, supporting businesses, policymakers and related organizations.