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.
Shifting to green economy and green growth will help businesses increase their competitiveness and catch up with trends on the domestic and foreign markets.
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.
Over recent years, lots of initiatives related to waste classification and collection based on smartphone applications have been developed in Vietnam, aiming at increasing the efficiency of this activity.
Extended producer responsibility (EPR) and carbon credits are market-based environmental protection tools that put financial returns as the engine for sustainable change.
After a long time was constrained by Covid-19, PRO Vietnam’s pilot activities will be stimulated this year.
Significant challenges remain in terms of gaining widespread buy-in from manufacturers to use of recycled materials instead of virgin raw materials.
Managing used plastic as a valuable resource provides a sound business case for scaling up recycling and other plastic circularity efforts, while promoting sustainable economic development, according to IFC – World Bank study.
The efforts of rivals on plastics could speed key changes to benefit both the planet and their bottom lines.
Education is an effective method to change people's awareness of environment, leading to more resources to applying circular economy model.
