More than 350+ companies from both the Energy & Power as well as HVAC industry have committed to gather at the international trade shows - Electric & Power Vietnam 2024 and HVACR Vietnam 2024. These two events are taking place simultaneously this September 4th - 6th, 2024 at Saigon Exhibition and Convention Center (SECC), District 7, Ho Chi Minh City, Vietnam. The shows promise to bring together over 7,000 manufacturers, traders and buyers in one place during three days. This is an ideal opportunity for businesses to discover potential suppliers, gain industry insights, solutions and adopt technologies that will enhance their production lines to meet the future demands of sustainable energy in the Asia Pacific region.
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Electric & Power Vietnam and HVACR Vietnam are leading exhibitions on Power, Renewable Energy and HVAC technologies in Vietnam (Photo: HVACR Vietnam, Hanoi 2023)
The APAC region is witnessing a large increase in renewable energy project development as a result of the various technologies’ cost competitiveness, as well as government actions to clean up the power generation mix across countries. According to a report by DNV, renewable energy generation in APAC is expected to increase by 47% between 2021 and 2030, and energy storage system (ESS) deployment is being evaluated as a potential solution in this sector. The Asia Pacific energy storage market size is projected to reach USD 75.56 billion by 2032, registering a CAGR of 14.20% during the forecast period (Precedence Research, 2023 - 2032). This prominent niche is rising on account of concerns towards security of supply along with soaring demand for power backup.
In that context, Informa Markets - the global leading trade exhibition organizer headquartered in the UK, is bringing Electric & Power Vietnam 2024 and HVACR Vietnam 2024 back to Ho Chi Minh City from September 4th to 6th. Electric & Power Vietnam 2024 and HVACR Vietnam 2024 will showcase an exhibition area of 8,800 square meters. These two events will feature over 350 exhibitors from more than 15+ leading technology countries and territories, including China, Czech Republic, Germany, Hong Kong (China), India, Japan, Malaysia, South Korea, Taiwan (China), Thailand, Turkey, United Arab Emirates, Vietnam, Turks and Caicos Islands, etc. Additionally, there will be more than 7 international pavilion groups will join these shows.
Numerous advanced technologies in renewable energy will be showcased at the 2024 edition. (Photo: Electric & Power Vietnam 2022)
Electric & Power Vietnam is a biennial trade event in Ho Chi Minh City. Alongside it, HVACR Vietnam, an annual event alternating between the North and South, is one of the industry's leading exhibitions. This year, over 7,000 trade visitors are expected to attend. The event will feature a variety of activities designed to enrich the experience for both exhibitors and visitors. These include international conferences and specialized seminars on topics like renewable energy transition, data centers, and advanced air conditioning solutions; business networking programs; and a virtual reality technology experience zone. Especially, the conferences series programmes are collaborated between Informa Markets with prestigious organizations from around the world and in Vietnam, such as Asia Pacific Urban Energy Association (APUEA), Vietnam Internet Association (VIA) and Vietnam Cloud Computing & Data Center Club (VNCDC), Viettel IDC, Vietnam Society of Refrigeration & Air- Conditioning Engineers (VISRAE), etc. These collaborations help attendees stay up-to-date on the latest trends and best practices in their industry, making the shows an unmissable occasion for businesses operating in Vietnam and surrounding regions.
Electric & Power Vietnam 2024 and HVACR Vietnam 2024 will host many insightful seminars on renewable energy and sustainable HVAC technologies. (Photo: HVACR Vietnam 2023)
According to Mr. Ts. Lim Sai Soeng - Executive Director - QAV Test Technologies (KL) Sdn. Bhd shared at the previous edition of Electric & Power Vietnam: We've known about Electric & Power for about 5 or 6 years or even more. This is our first time participating in the EPV show, and it's really exciting. We're eager to come from Malaysia and expand our market to Vietnam. We've found many visitors at this exhibition who could be our prospects. I plan to set up my company in the next six months, so definitely, in two years' time, I'll be here.”
Besides, HVACR Vietnam has been a trustworthy business physical platform for over 15 years. As Mr. Kumud Jhamb, Vice President of the Energy Division, South East Asia, shared in HVACR Vietnam in Hanoi last year: “It is a good platform where we can introduce innovative products and solutions to a lot of potential customers and help them save energy in their processes. It is also a good place to meet potential distributors and expand our greener image in the country.”
Under the first-ever national development strategy for renewable energy in 2015, Vietnam aims to have over 32% of its generation capacity derived from a combination of solar (19–20 GW), wind (18–19 GW), and biomass by 2030. Besides, after the Government of Vietnam (GoV) approved the "Smart Grid Development Project in Vietnam" from the 3rd phase after 2022, there will be an increasing need to improve the IT and telecommunications infrastructure to serve the growth of the distribution grid, along with the development of decentralized power plants.
As part of ASEAN, Energy Storage System (ESS) opportunities in Asia could receive a medium to long- term boost under the ASEAN Plan of Action and Energy Cooperation (APAEC) Phase II (2021–2025). Particularly in Vietnam, to address the redundancy of solar power generation during peak times, Battery Energy Storage Systems (BESS) have been considered for application in renewable energy projects. This is evident in the Prime Minister’s orientation: to install 300MW of BESS systems by 2030. Recently, Vietnam’s first grid-connected battery storage system has been integrated by AMI AC Renewables collaborated with Honeywell in Khanh Hoa, featuring a short-duration BESS with a 15 MW output and 7.5 MWh capacity. These developments shine as a key trend for the future of the power industry in Vietnam and Southeast Asia in general.
HVACR Vietnam draws the attention of a large number of trade visitors in the region (Photo: HVACR Vietnam 2023)
As part of the “Global Cooling Pledge” for COP28, Vietnam is fast-tracking policies and incentives to cut energy consumption and curb greenhouse gas emissions. The Ministry of Planning and Investment reports that by mid-2023, around 563 industrial zones were planned across 61 of 63 provinces, with 397 already established and 292 in operation. In this scenario, adopting sustainable HVAC systems that boost energy efficiency in large-scale buildings is more than just a trend—it's a vital move toward meeting environmental goals and advancing sustainability.