Abstract:

Energy service companies (ESCO) have become successful business models, popular in many countries around the world, contributing signi cantly to the expansion of the energy eciency (EE) market and g radually reducing government budget capital by mobilizing more investment participation from the private sector and stakeholders. However, in Vietnam today energy saving services and ESCO market are still limited and facing dicultlity. Among the reasons of the above situation, it mainly is due to the lack of a speci c legal framework and a support on nancial mechanism to develop and implement energy e?ciency projects through the form of ESCO. This article presents the current situation, challenges, opportunities and proposes solutions to promote ESCO activities in Vietnam.