- LTP Group opens solar-powered garment factory with the Danish Embassy in Vietnam.
- Factory generates 35% of energy needs, cutting 482 tonnes of carbon yearly.
- Project strengthens Danish–Vietnamese partnership promoting sustainability and innovation.
The Embassy of Denmark in Vietnam and LTP Group – Asia hosted a ceremony to open LTP’s newly upgraded garment factory in Ho Chi Minh City, which includes a contemporary solar power system. The project showcases LTP’s dedication to environmentally friendly manufacturing and illustrates how Danish–Vietnamese collaboration is turning sustainability objectives into concrete advancements.
In recent years, Vietnam and Denmark have developed a strong partnership aimed at common objectives like sustainability, innovation, and inclusive growth. Central to this collaboration is the Green Strategic Partnership, which unites government-level cooperation and active private-sector involvement to expedite Vietnam’s green transition. The Green Strategic Partnership aids Vietnam in realizing its national development objectives and transforming vision into action, encompassing clean energy, health, food safety, and education.
Commerce and eco-friendly investments are fundamental elements of the Green Strategic Partnership. Over 150 Danish firms are presently engaged in Vietnam, offering top-tier knowledge, eco-friendly technologies, and sustainable business approaches to aid the nation’s transition to a low-carbon economy.
LTP Group’s commitment to solar energy exemplifies how Danish companies are actively participating in this shift, minimizing environmental effects while enhancing innovation and long-term competitiveness. LTP demonstrates that it is feasible to achieve business success while simultaneously safeguarding the environment by merging business expansion with eco-friendly solutions. The updated solar system currently generates over 35 percent of the the factory's electricity requirements and contributes to reducing carbon emissions by approximately 482 tonnes each year.
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Danish Ambassador Nicolai Prytz said, “Switching to green energy and sustainable production is not just a necessity. It is a competitive advantage for Vietnam in the global economy. We are proud to see Danish companies like LEGO, Pandora, and today LTP leading the way and proving that responsibility and business success can go hand in hand. This solar-powered factory is a great example of businesses embracing sustainability and the strong partnership between our two countries.”
"By investing in more sustainable garment production, we reaffirm our commitment to caring for people and the planet, building trust through responsible action, and continually striving for improvement," said Lars Mehli Overgaard, general director of LTP Group - Asia. "We’re deeply grateful to the local authorities and long-standing partners in Vietnam and Denmark who make this journey possible."
Amid the intricate climate challenges facing the globe, the Green Strategic Partnership between Vietnam and Denmark remains a prime example of how global collaboration can foster significant progress. LTP’s solar-driven factory in Vietnam underscores the crucial importance of private businesses in promoting environmental and economic advantages, illustrating that significant advancements can be achieved when governments, private companies, and communities collaborate.