Da Nang, 13 August 2026 – The Agency for Innovation, Green Transition and Industry Promotion-the Ministry of Industry and Trade collaborated with the EU–Viet Nam Sustainable Energy Transition Facility (EVSET Facility) to organise a Consultation Workshop on the Draft Proposal for the Establishment of the Fund for Promoting Energy Conservation and Efficiency.
The participants included representatives of the European Union Delegation to Viet Nam, the Agency for Innovation, Green Transition and Industry Promotion (IGIP)-the Ministry of Industry and Trade (MOIT), the Government Office and relevant ministries and agencies; Departments of Industry and Trade from provinces and cities; energy corporations and groups; local energy conservation centres, industrial promotion centres and industrial development consultancy centres; financial institutions and banks; as well as members of the business community.
Ms. Nguyen Thi Lam Giang, IGIP Director General (left), and Ms. Tran Thuy Duong, Programme Manager, the Delegation of the European Union to Vietnam, deliver opening remarks at the event.
The workshop was funded by the European Union as part of the technical assistance provided under EVSET, within the framework of the EU – Viet Nam Sustainable Energy Transition Programme (SETP), with the aim of delivering recommendations to IGIP on the Energy Efficiency Fund model. A key focus of the workshop was the presentation of findings from a study on different models for promoting energy conservation and efficiency. The study reviews international experience and good practices, particularly from EU countries, as well as lessons from relevant funds in Viet Nam. The study team also presented recommendations for the proposed Fund, covering its organisational model, operating mechanism, financial resources, forms of support and roadmap for establishment.

The workshop also brought practical perspectives from the banking and energy sectors on financing and implementing energy efficiency investments. The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) shared its experience in managing entrusted lending under funds and development projects, while Vietnam Electricity (EVN) shared its experience in implementing energy efficiency investment projects under the Energy Service Company (ESCO) model, providing practical insights into approaches for financing and delivering energy efficiency investments. These presentations highlighted practical considerations related to financing and bringing energy efficiency investments from project development to implementation.

During the consultation session, participants exchanged views on these key elements and provided feedback to support further refinement of the proposal. The discussion brought together perspectives from central and local government agencies, banks and financial institutions, energy sector stakeholders, enterprises and experts.

The Da Nang workshop is the first of three consultation workshops planned as part of the process. The consultations aim to help the experts further refine the study and its recommendations. This will support IGIP in finalising the proposal for establishing a Fund for Promoting Energy Conservation and Efficiency that is feasible, effective and sustainable.
Through the EVSET Facility and the broader SETP, the European Union continues to support Viet Nam in strengthening the enabling environment for energy conservation and efficiency and advancing the country’s sustainable energy transition.
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