Tiếng Việt
In Ho Chi Minh City, Bioway Vietnam and the DAS Alliance, represented by the ASEAN Carbon Credit Exchange Joint Stock Company (CCTPA) – part of CT Group, and the Vietnam ASEAN Hydrogen Club (VAHC), have signed a Memorandum of Understanding (MoU).
The goal of this partnership is to develop innovative technology solutions related to R&D (Research and Development) for new methods to manage greenhouse gases, as well as to test and implement strategies for reducing greenhouse gases at Bioway Vietnam’s microbial organic fertilizer production facilities. Based on the project results, the parties will share knowledge on best practices and technical expertise related to inventory and emission reduction techniques.
Bioway Vietnam, CCTPA, and VAHC leaders commemorated the signing ceremony with a photo.
In the context of globalization and the urgency of creating sustainable agriculture, converting organic agricultural by-products into organic fertilizer is a significant challenge. Traditional methods of producing organic fertilizers are often lengthy and not highly effective.
However, BIOWAY Vietnam has contributed to changing organic fertilizer production methods by exclusively acquiring the Bioway AT-6H high-speed fermentation technology from the United States. This technology, developed by scientist Yang Kuo Hua after more than 30 years of research and experimentation, isolates and discovers bacteria from volcanic regions under the ocean with high-temperature fermentation capabilities up to 180ºC.
Unlike many other fermentation bacteria, this strain decomposes organic matter at 70ºC and reproduces rapidly. After the A-T bacteria decompose the organic matter, a large amount of nutrients is released.
When the microbial organic fertilizer containing this bacteria is applied to the soil, the A-T bacteria continue to develop and rapidly decompose plant and animal residues in the soil, improving soil structure and fertility while the released nutrients enhance plant growth.
Bioway AT-6H is the most advanced and fastest organic microbial fertilizer production technology in the world, completing the process in just 6 hours. This technology allows the production of organic fertilizer from organic agricultural by-products in a short time without environmental pollution, contributing to environmental protection and sustainable development, aligning with some current agricultural planning and projects in Vietnam. BIOWAY Vietnam holds exclusive rights to the Bioway AT-6H technology in Vietnam, Laos, Cambodia, and Australia.
Starting in October 2023, the 27 EU member countries have implemented carbon taxes on imported goods through the Carbon Border Adjustment Mechanism (CBAM), marking a significant step in environmental and international trade management.
This is not just an initiative by a few countries but is becoming a global trend, with many other countries and regions in the Americas and Asia also considering adoption. This creates an urgent requirement for Vietnamese businesses to quickly adapt to international environmental standards to protect the environment and enhance competitiveness.
However, participating in and implementing carbon credit projects remains a relatively new field for Vietnam. The interest and participation from businesses are limited, necessitating support from advisory bodies and detailed guidance on the carbon credit verification and registration processes to improve accessibility and implementation effectiveness.
The ASEAN Carbon Credit Exchange Joint Stock Company (CCTPA) – part of the CT Group, is the first company in Vietnam to initiate a carbon credit exchange, actively adapting to international environmental trade policies while striving towards a low-carbon economy with outstanding development speed.
The Vietnam ASEAN Hydrogen Club (VAHC) was established as a platform to connect policymakers, scientists, researchers, project developers, financial investors, and climate change funders to form a hydrogen community in Vietnam and the ASEAN region.
Through VAHC, members, government and non-governmental agencies, hydrogen energy advocates, technology providers, and investors can meet and share resources such as human capital, land, technology, finance, construction, supply, and consumption of hydrogen at national and regional levels.
The collaboration between Bioway Vietnam and the DAS Alliance marks the beginning of a joint effort in participating in domestic and international projects and programs aimed at increasing awareness of greenhouse gas reduction, supporting each other in accessing carbon markets (carbon credits), participating in key projects, and promoting best practices in Vietnam’s agricultural sector in the near future.
