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VietCycle’s desire to raise the level of scrap collection

Vietcycle want to connect and support more scrap collectors, and even create their own representative organization that can ensure their legal rights like other professions.

Urgent need to prepare for mandatory collection and recycling tools

PRO Vietnam's representative stated it is urgent to evaluating projects and other pilot models on waste collection and recycling from now to 2024 to choose the right one to be replicated, aiming at implementing the EPR policy tool.

Firms pushed to switch to sustainable packaging

As more consumers become aware of environment safety and the concept of circular economy becoming more influential in Vietnam, enterprises need to switch to packaging that meets sustainability requirements and is easily recyclable to stay competitive.

Key factors promote effective EPR tool

Developing a modern, standard waste collection, recycling and treatment system is key requirement to effectively implementing the EPR tool, helping businesses save on the cost.

New law enforces polluter-pays principle

The Environmental Protection Law 2020 introduces a new perspective on solid waste management as polluter-pays principle, reflected in policy instruments such as extended producer responsibility (EPR), waste charge by volume.

How will the contribution fee for the compulsory collection and recycling tool be used?

According to Phan Tuan Hung, director of the Legal Department under the Ministry of Natural Resources and Environment, the contribution fee for the collection, recycling and treatment of hazardous waste is mandatory for the purpose of encouraging businesses to adjust their product design as well as their production and business methods toward an environmentally beneficial direction.

Coca-Cola ready to deploy EPR for plastic packaging

Coca-Cola Vietnam expects to eliminate 2,000 tonnes of new plastic in Vietnam annually by introducing bottles made from 100 per cent recycled PET plastic.

EPR and carbon credits giving financial momentum to environmental protection

Extended producer responsibility (EPR) and carbon credits are market-based environmental protection tools that put financial returns as the engine for sustainable change.

Private sector acts to protect environment

2022 marks the first year the revised Law on Environmental Protection (LEP) 2020 came into effect, and also the first year Vietnam has lots of drastic actions to realise its commitments to bring net emissions to zero at COP26.

Mondelēz Kinh Do ready to shake hand with others for environment

Mondelēz Kinh Do affirms it is willing to cooperate with other companies to find solutions that benefits environment, aiming at realizing circular economy model.

Stock indexes
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95.92 0.3 0.31
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