At the conference to kick off the National Action Plan on circular economy, UNDP Viet Nam resident representative Caitlin Wiesen shared some recommendations for Vietnam to drive forward a circular economy for net zero.
The success of deposit-return system operation in some European countries recommends that Vietnam can apply the model to boost the circular economy in the future, especially when the informal waste collection workforce reduce.
Having modern technology and high-skilled labour, Duy Tan Plastic enters the high risk recycling industry with high confidence.
Mondelēz Kinh Do affirms it is willing to cooperate with other companies to find solutions that benefits environment, aiming at realizing circular economy model.
HSBC Vietnam recently gave Dong Hai Joint Stock Company of Ben Tre (DOHACO) a VND200 billion short term green trade loan, further expanding its green strategy in the paper manufacturing.
After a long time was constrained by Covid-19, PRO Vietnam’s pilot activities will be stimulated this year.
Companies in different economic sectors has shown a strong shift towards sustainable development, paving the way towards the realisation of Vietnam's net zero targets by 2025.
Hoang Duc Vuong, head of the Recycled Plastics Unit at the Vietnam Plastics Association, stresses that in a good circular economy model, the design of product packaging must be suitable for the goals of collection and recycling, not only in treatmeant progress.
Vietnamese businesses has prepared for Extended Producer Responsibility (EPR) implementation very early, even before when the Law on Environmental Protection 2020 was approved.
The business community will be a main driver in economic transformation towards more green and sustainable one.
