Digital transformation, creating suitable designs and recycling clothes are now proving to be important target activities for the garment and textile industry towards a circular economy and sustainability.
The Ho Chi Minh City Department of Science and Technology held a working session with delegates from Nordrhein-Westfalen State (Germany) about internationalizing startup activities and commercializing scientific research results from universities.
The Vietnamese Government is prioritizing climate change responses, green economy, sustainable development in its action programs. Therefore, businesses are advised to adapt to these concepts for their own growth.
The Ministry of Natural Resources and Environment has just issued its official letter No. 5727 to people's committees of provinces and cities, ministries, and agencies on organizing activities in response to the global campaign 'Make the world cleaner' in 2022.
Vietnam has been increasingly embracing the green transition and circular economy to make efficient use of its resources to boost economic growth, according to Nguyen Hoa Cuong, deputy head of the Central Institute for Economic Management (CIEM).
More than 90 percent of domestic enterprises have had activities to convert to the circular economy model in various degrees, according to the result of a survey by the Vietnam Business Council for Sustainable Development (VBCSD) announced in early October this year, showing a positive signal in Vietnam's roadmap towards a circular economy.
In the context that natural resources are increasingly exhausted, the promotion of recycling and reuse of wastes, by-products, and defective products in the production and processing process is a measure to save costs and protect the environment effectively. Recycled wastes not only contribute to reducing input materials but also limiting output gas emissions.
To limit the depletion of natural resources, environmental pollution, and the amount of generated waste, many countries around the world have introduced several trade barriers in order to realize a circular economy. Of which, many countries are currently the main export markets of Vietnam. This has forced Vietnamese enterprises to change to adapt and maintain export market share.
A public-private partnership agreement on building the circular economy in plastic waste management in Vietnam has been signed for the first time by the Ministry of Natural Resources and Environment (MONRE), Dow Chemical Vietnam Limited Company, SCG Group, and Unilever Vietnam International Co. Ltd on February 19.