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Recommendations for Vietnam’s recycling industry from the EU

Recommendations for Vietnam’s recycling industry from the EU

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.

IFC provides $70 million-package for HDBank to boost climate finance

As Vietnam accelerates efforts to transition to low-carbon growth, IFC is providing a $70 million loan to HDBank – one of the country’s leading banks in climate finance – to increase its funding for renewable energy projects in Vietnam.

Five barriers in boosting the circular economy

Significant challenges remain in terms of gaining widespread buy-in from manufacturers to use of recycled materials instead of virgin raw materials.

Industrial zones in north central reap benefits from labor relocation wave

While provinces, especially in southern Vietnam, are facing a shortage of human resources, other areas such as the north-central region can benefit from the wave of people relocating back to their hometowns.

How companies are transitioning in circular economy

Despite the growing attention to circular economy in the public, the shift to business models seems to progress slowly.

IFC provides $30 million fund to waste-to-energy plant in Bac Ninh

The aim is to increase the province’s waste treatment capacity and reduce its environmental footprint while protecting residents from health risks associated with untreated waste.

eJOY closes seed fundraising round of hundreds of thousand USD

Vietnam-based edtech startup eJOY recently announced the completion of a seed fundraising round of hundreds of thousand USD.

Hayat sets to make Vietnam its hub in ASEAN

The recent launch of Hayat's globally leading diaper brand Molfix in Vietnam carries a $250-million investment in Binh Phuoc to position Vietnam as its regional production hub for Southeast Asia.

Danh Khoi Group ready for real estate market's rebound

After a long social distancing period, Danh Khoi Group is planning to implement a series of projects in the last quarter of the year, ready to get into an important final stretch that makes up for the period of business operations being delayed due to the pandemic.

When rivals have to work together

The efforts of rivals on plastics could speed key changes to benefit both the planet and their bottom lines.

IFC buys into PVI Holdings

After the deal, IFC and major strategic shareholder HDI Global SE will hold more than 54 per cent of the voting rights in PVI Holdings.