Eco-industrial parks vital to achieving net zero emission target by 2050

The development of eco-industrial parks is an effective solution to lower emissions enough to meet the net zero target by 2050 in Vietnam. However, there are still many obstacles, especially in terms of mechanisms.
Nam Cau Kien Industrial Park in the northern port city of Hai Phong is developed in line with eco-industrial park model (Photo: VNA)

Nam Cau Kien Industrial Park in the northern port city of Hai Phong is developed in line with eco-industrial park model (Photo: VNA)

The rapid development of industrial parks in recent times has put great pressure on the living environment of residents, according to Vuong Thi Minh Hieu, Deputy Director General of the Department of Economic Zone Management (DEZM) under the Ministry of Planning and Investment (MPI).

Up to 13% of operating IPs have not built wastewater treatment plants, threatening the health of the surrounding communities, she noted.

Hieu held that sustainable development is no longer a slogan, but has become an inevitable trend that helps enterprises determine their vision and strategic business orientation, thus many localities and IP infrastructure investors consider forming eco-IPs an urgent need to create competitive advantages.

Furthermore, the development of eco-industrial parks and green industrial parks has also become a mandatory requirement to meet green consumption needs and fulfill the commitment at the 26th United Nations Climate Change Conference (COP26) to achieve the goal of net zero emissions by 2050.

By 2030, the country aims for 40-50% of localities to convert existing IPs into eco-IPs and 8-10% of localities have orientations to build eco-IPs right in their plan making.

The Swiss Government has pledged to continue working with the United Nations Industrial Development Organisation (UNIDO) to accompany Vietnam in promoting eco-industrial parks associated with the circular economy in the 2024-2028 period, according to DEZM.

Its project, approved by the MPI in August, replicates the eco-industrial park approach to promote the circular economy in Vietnam and has a total budget of 3.6 million USD, which is sponsored by the Swiss Federal Department of Economic Affairs, Education and Research (EAER). The projected eco-industrial parks are to be transitioned in Hai Phong, Bac Ninh, Dong Nai, Ho Chi Minh City and Long An.

The MPI is coordinating with the World Bank to support the construction of eco-IPs in Binh Duong, carry out water circulation networks for several industrial parks with a high concentration of textile and garment activities in Hung Yen and Thua Thien Hue. The goal is to promote the efficient use of energy in the eco-IPs following the Korean model.

Bruno Jaspaert, Executive Director of the Deep C Industrial Park in Hai Phong, said Vietnam does not have preferential policies specifically for developing eco-IPs, thus it will take time and efforts to build these zones.

The research and development of the Law on Industrial Parks and Economic Zones to ensure the enhancement of international competitiveness of industrial park and economic zone models is one of the key tasks that the MPI will implement together with other ministries, agencies, and localities in the coming time, Hieu said.

According to her, IPs must pioneer changing the direction of development, focusing on promoting the development of eco and green industrial park models. Science, technology, and innovation should be considered a pillar for future development. Focus should be placed on attracting selective investment, and proactively contacting and closely following the world's leading corporations in the industries and fields that Vietnam prioritises./.

Source: VNS
en.vietnamplus.vn

Related News

Latest News

Top Vietnamese leader emphasises fight against wastefulness

Top Vietnamese leader emphasises fight against wastefulness

General Secretary of the Communist Party of Vietnam Central Committee and State President Tô Lâm has written an article, highlighting the fight against wastefulness.
Vietnam’s overseas investment declines in nine months

Vietnam’s overseas investment declines in nine months

Vietnam's overseas investment, including new and adjusted capital, amounted to 189.6 million USD, down 54.5% year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Vietnam-Australia Comprehensive Strategic Partnership develops strongly: Ambassador

Vietnam-Australia Comprehensive Strategic Partnership develops strongly: Ambassador

Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son will pay a visit to Australia and co-chair the 6th Vietnam-Australia Foreign Ministers’ Meeting from October 16-19, at the invitation of Australian Minister for Foreign Affairs Penny Wong.
The economy can achieve the GDP growth target of about 7 percent

The economy can achieve the GDP growth target of about 7 percent

VCN - According to Nguyen Thi Huong, Director General of the General Statistics Office, to achieve the economic growth target in 2024, macroeconomic stability will be an important foundation and it is necessary to continue to maintain exchange rate stability, control inflation, and ensure major balances of the economy.

More News

Vietnamese Prime Minister holds talks with Chinese Premier

Vietnamese Prime Minister holds talks with Chinese Premier

Vietnamese Prime Minister Pham Minh Chinh held talks with Chinese Premier Li Qiang after hosting an official welcome ceremony for the latter in Hanoi on October 13 morning.
China ready to step up multi-sectoral cooperation with Vietnam: Chinese media

China ready to step up multi-sectoral cooperation with Vietnam: Chinese media

The ongoing official visit to Vietnam by Chinese Premier Li Qiang has been widely covered by major Chinese news and press agencies, including Xinhua and People’s Daily.
Vietnam striving to reach year-end GDP target

Vietnam striving to reach year-end GDP target

Vietnam has navigated the first three quarters of the year through a complex and unpredictable global landscape, compounded by significant natural disasters at home.
Vietnam, UK foster auditing cooperation

Vietnam, UK foster auditing cooperation

The State Audit Office of Vietnam (SAV) wishes to foster cooperation with the National Audit Office (NAO) of the UK, especially in the fields of specialised auditing, information technology application in auditing activities, and human resources training, stated Auditor General Ngo Van Tuan at his recent meeting with British Comptroller and Auditor General Gareth Davis in London.
Vietnam’s economy bounces back in post-typhoon period

Vietnam’s economy bounces back in post-typhoon period

Vietnam’s economy has recovered quickly despite external uncertainties and extensive damage caused by Typhoon Yagi, which has greatly affected all socio-economic activities and people’s lives.
PM urges implementation of 3 digital strategic breakthroughs

PM urges implementation of 3 digital strategic breakthroughs

Prime Minister Pham Minh Chinh on October 12 stressed the need to promote three strategic breakthroughs of digital institutions, digital infrastructure, and digital human resources to enable Vietnam to catch up with other nations, advance, and thrive in the new era.
Vietnamese, Australian PMs agree to strengthen cooperation in various fields

Vietnamese, Australian PMs agree to strengthen cooperation in various fields

The PMs also agreed to further instruct ministries and agencies of the two countries to effectively implement the cooperation agreements.
WTO highlights Vietnam’s role in restructuring of global supply chains

WTO highlights Vietnam’s role in restructuring of global supply chains

The World Trade Organisation (WTO) on October 10 released its Global Trade Outlook and Statistics, in which it affirms Vietnam and Mexico have emerged as “connecting” economies – stepping in as the source for many products - in the restructuring of global supply chains that serve the US market.
Vietnam

Vietnam's economy remains growth momentum

VCN- According to Mr. Nguyen Ba Hung, Chief Economist of the Asian Development Bank (ADB), public investment will play a key role in economic recovery and growth in 2024. Fiscal measures to support growth and public investment are key policy solutions to stimulate growth year- end months.
Read More

Your care

Latest Most read
Top Vietnamese leader emphasises fight against wastefulness

Top Vietnamese leader emphasises fight against wastefulness

General Secretary of the Communist Party of Vietnam Central Committee and State President Tô Lâm has written an article, highlighting the fight against wastefulness.
Vietnam’s overseas investment declines in nine months

Vietnam’s overseas investment declines in nine months

Vietnam's overseas investment, including new and adjusted capital, amounted to 189.6 million USD, down 54.5% year-on-year, according to the Ministry of Planning and Investment’s Foreign Investment Agency.
Vietnam-Australia Comprehensive Strategic Partnership develops strongly: Ambassador

Vietnam-Australia Comprehensive Strategic Partnership develops strongly: Ambassador

Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son will pay a visit to Australia and co-chair the 6th Vietnam-Australia Foreign Ministers’ Meeting from October 16-19, at the invitation of Australian Minister for Foreign Affairs Penny Wong.
The economy can achieve the GDP growth target of about 7 percent

The economy can achieve the GDP growth target of about 7 percent

According to Nguyen Thi Huong, Director General of the General Statistics Office, to achieve the economic growth target in 2024, macroeconomic stability will be an important foundation
Vietnamese Prime Minister holds talks with Chinese Premier

Vietnamese Prime Minister holds talks with Chinese Premier

Vietnamese Prime Minister Pham Minh Chinh held talks with Chinese Premier Li Qiang after hosting an official welcome ceremony for the latter in Hanoi on October 13 morning.
Mobile Version