Why Adopt Global ESG Standards in Vietnamese Real Estate Projects?

"In fostering economic growth, we prioritize harmony and balance with the environment, society, and humanity. This synergy forms the foundation for sustainable economic development."

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This is the perspective of ESG Expert Nguyễn Thị Hương Thu, Co-founder and CEO of GreenViet Green Consulting Company, regarding the Vinhomes Green Paradise Can Gio coastal urban development project.

ESG Expert Nguyễn Thị Hương Thu, Co-founder and CEO of GreenViet Green Consulting Company

According to Ms. Thu, the Vinhomes Green Paradise project is planned in accordance with the BREEAM Community standard from the UK. This standard, established in 1990, is the world’s first green building certification system.

Regarding the rationale for applying global sustainability standards to the project, Ms. Thu highlights the standard’s well-structured roadmap. Firstly, BREEAM Community aims to establish best practices and principles for sustainable development across the entire community. When developing in a biodiverse and nature-connected area like this, international standards provide essential sustainable development principles that must be adhered to throughout the project. These are mandatory criteria, and any project seeking certification must provide evidence of compliance with these principles.

The second step in the sustainable development system, as per BREEAM Community, involves detailed regulations. Once mandatory practices and principles are in place for all structures within the area, specific guidelines are introduced. For example, within the overall plan, how are public facilities designed? Which areas are designated for preserving local cultural heritage, allowing visitors to connect with the region’s history?

Crucially, the planning ensures a balanced ratio of green spaces per resident, maintaining harmony with nature. The positioning and design of all buildings are meticulously calculated to meet these planning requirements.

Factors for Evaluating the ESG Score of a Real Estate Project

More specifically, for buildings located close to the sea, international sustainability standards mandate clear guidelines. For instance, even minimal concrete surfaces require a buffer system, such as green belts or drainage channels, to filter rainwater before it reaches the sea, preventing pollution.

Another example is the designated areas for cycling and walking within the planning space. A well-developed green transportation network significantly minimizes environmental pollutants.

Through these sustainable solutions and ideas, focusing on balancing nature, environment, and human needs, the project aims to meet development demands while preserving environmental harmony.

Ms. Thu believes this approach will significantly elevate civilization and the human experience. Sustainability ensures economic growth while minimizing environmental impact. It’s about reducing pollution and leaving the smallest possible footprint on the planet, addressing the environmental aspect (E).

Regarding social responsibility (S), which pertains to community and people, and governance (G), which involves transparent and synchronized data management, Vinhomes Green Paradise employs an AI-powered air quality monitoring system. This ensures optimal health metrics, providing residents with confidence in their living environment.

Furthermore, during project development, contractors are encouraged to use “sustainable materials.” Risk management reports and construction practices are implemented to minimize environmental impact.

Beyond certifications and technology, Vinhomes Green Paradise incorporates deeper elements, such as advanced waste management and recycling systems.

The three pillars (E-S-G) adopted by Vingroup align with international best practices and principles.

Ms. Thu remarks, “In general, effective management of environmental factors like waste, electricity, and water is a fundamental step towards sustainability. Achieving optimal management efficiency depends on operational processes. The project’s conscious effort in this direction is a significant and commendable achievement.”

Hà Lễ

– 08:14 24/10/2025

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