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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.

Sustainability trends urge firms to move more quickly

Shifting to green economy and green growth will help businesses increase their competitiveness and catch up with trends on the domestic and foreign markets.

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.

New way of waste classification and collection in new era

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.

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.

Main goals of PRO Vietnam in 2022

After a long time was constrained by Covid-19, PRO Vietnam’s pilot activities will be stimulated this year.

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.

Inefficient plastics recycling costs Vietnam up to $3 billion each year

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.