In the context of climate change and increased community awareness about environment and health, the development of green real estate projects is becoming a global trend. As a result, the Vietnamese real estate sector is also moving in this direction…
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In recent years, climate change has become increasingly extreme, with the most obvious manifestation being global warming. Therefore, the Vietnamese government and businesses are paying more attention to sustainable development.
At the 26th UN Climate Change Conference, Prime Minister Phạm Minh Chính pledged to reduce Vietnam’s net greenhouse gas emissions to zero by 2050, alongside 167 other countries . This commitment has given strong impetus to the promotion of sustainable development in many sectors, including real estate.
According to the Vietnam Green Building Council (VGBC), as of the end of 2019, the country had 70 green projects, only a third of those in Thailand and a fifteenth of those in Singapore.
However, in recent years, the number of green projects in Vietnam has increased significantly. Statistics from the Ministry of Construction indicate that there are more than 400 green projects in 2024. This figure far exceeds the initial target of 80 projects by 2025, demonstrating the efforts made by the entire real estate sector.
Trân Ngoc Duy, deputy director of the property management department at Savills Hanoi, believes that to be recognized as a green construction, in addition to meeting sustainability criteria in design, materials and construction, a project must also comply with standards for environmental performance and efficient energy management.
Effective energy management methods
Although the criteria are very strict, according to the Savills representative, following this trend and adopting the green transition can offer investors an advantage in attracting and retaining customers, achieving a good occupancy rate more quickly, and offering sales or rentals at advantageous rates.
Furthermore, although the initial construction cost of green buildings is higher than that of traditional projects, sustainable management can generate more efficient and economical performance, notably by reducing energy consumption costs.
According to Savills experts, to achieve sustainability goals throughout the life of the project, it is necessary for investors, managers and residents to collaborate closely and implement multiple compliant construction and management solutions. to green standards.
Concretely, investors and managers must adopt efficient energy management methods and respect green operating criteria based on recognized certifications (LEED, EDGE, WELL Building Standard, LOTUS).
These certifications define practical solutions for green projects, focusing on energy efficiency, protecting water resources, improving air quality, and ensuring the health and safety of users. . In addition, optimizing electricity and water consumption also helps reduce management costs while ensuring the sustainability of projects.
Thus, it is necessary for investors to encourage tenants and residents to participate in long-term green strategies aligned with ESG (Environment, Society and Governance) criteria, such as reducing plastic waste or sorting waste at home. source.
Thanh Xuan – Cam Sa/CVN
* **How do government initiatives and incentives in Vietnam aim to encourage the adoption of green building practices and overcome the challenges developers face?**
## World Today News: Green Real Estate in Vietnam - A Growing Trend
**Introduction:**
Welcome back to World Today News. Today we delve into the burgeoning trend of green real estate in Vietnam. Joining us are two esteemed guests: **[Guest 1 Name & Title]**, a leading expert in sustainable building practices, and **[Guest 2 Name & Title]**, a prominent Vietnamese real estate developer. We’ll be exploring the reasons behind this shift, the challenges and opportunities it presents, and what the future holds for green construction in Vietnam.
**Section 1: The Rise of Green Real Estate**
* **Interviewer:** The article highlights Vietnam’s commitment to sustainable development, especially in the wake of the UN Climate Change Conference. Why has green building become such a pressing concern in Vietnam specifically?
* **Interviewer:** [Guest 1], your work focuses on sustainable building practices. Could you elaborate on the specific environmental benefits of green building projects?
* **Interviewer:** [Guest 2], from your perspective as a developer, what are the main drivers behind the increasing interest in green construction in Vietnam? Are investors and buyers prioritizing sustainability?
**Section 2: Overcoming Challenges and Embracing Opportunities**
* **Interviewer:** The article mentions that while the initial cost of building green can be higher, it offers long-term benefits like reduced energy consumption and lower operating costs. How can developers balance these upfront investments with market demands and profitability?
* **Interviewer:** What are some of the biggest challenges developers face when implementing green building standards? Are there any government initiatives or incentives that are helping to overcome these hurdles?
* **Interviewer:** [Guest 1], what role can individuals and communities play in promoting and supporting green real estate projects?
**Section 3: Looking Ahead: The Future of Green Real Estate in Vietnam**
* **Interviewer:** The article cites a significant increase in the number of green projects in Vietnam. Do you foresee this trend accelerating in the coming years? What are the key factors that will drive this growth?
* **Interviewer:** [Guest 2], how do you envision incorporating innovative technologies and solutions in future green real estate developments?
* **Interviewer:** What message would you like to leave our viewers with regarding the importance of sustainable development and the role green real estate plays in shaping a better future for Vietnam?
**Closing:**
Thank you to our guests for sharing their valuable insights into this timely and important topic. Stay tuned to World Today News for more in-depth coverage of the latest developments in sustainability and green initiatives around the globe.
