Plastic exporters interested in converting to recycling technology

VCN - The Vietnamese plastics industry is facing major challenges in terms of plastic waste and recycling needs. Secretary General of the Vietnam Plastics Association Huynh Thi My (pictured) shared important information about the transformation in production of plastics enterprises to meet increasing export demands.
Vietnam’s plastics industry to reduce dependence on imported raw materials Vietnam’s plastics industry to reduce dependence on imported raw materials
Opportunities to develop a smart and sustainable packaging industry Opportunities to develop a smart and sustainable packaging industry
Import turnover of raw materials for textiles, footwear, and plastics reaches tens of billions of dollars Import turnover of raw materials for textiles, footwear, and plastics reaches tens of billions of dollars
Secretary General of Vietnam Plastics Association Huynh Thi My
Secretary General of Vietnam Plastics Association Huynh Thi My

How do you evaluate the transformation activities of Vietnamese plastic enterprises in recycling in recent times?

In recent times, the plastics industry has had many changes in terms of plastic waste polluting the environment, so we pay great attention to technological equipment to process plastic scrap after use released into the environment.

The transition to recycling and sustainable production technologies has become urgent to meet the requirements of green development.

At the same time, businesses are focusing on using new materials produced from waste materials from the agricultural sector.

At the 2024 International Plastics Exhibition held this year, many businesses introduced recycling products and technologies.

This will be a good opportunity for Vietnamese businesses to approach, choose and invest in their production, serving export orders in the coming time with strict standards from the world market.

We must use a certain amount of recycled plastic in finished products. This is a mandatory requirement set by European countries and Vietnamese enterprises must comply with when exporting goods to these markets.

How is the ability of Vietnamese enterprises to meet the strict requirements from foreign markets, madam?

Speaking of standards, for enterprises specializing in exporting goods, they must proactively learn about new standards of newly issued countries, although these regulations are not yet available in Vietnam.

In recent times, leading Vietnamese plastic export enterprises have proactively grasped and implemented the requirements of their partners. We must comply to be able to export sustainably.

From the above reality, not only leading enterprises, we hope that medium-sized enterprises must also proactively grasp and gradually approach to have steps to prepare in the coming time, to be able to meet the world's regulations on plastic waste, as well as recycled plastic products; meeting the packaging requirements for exported products, especially packaging for the food industry. Currently, exported recycled plastic and rubber products are being favored in many countries around the world. Therefore, Vietnamese enterprises need to focus on changing technology to meet the increasing demands of the market.

During the transition, what difficulties do plastic exporting enterprises encounter and what solutions are there to overcome them, Madam?

With the continuous innovation of countries around the world as well as domestic policies, plastic enterprises are mostly small and medium-sized enterprises, they encounter many difficulties because they do not have enough resources to follow new regulations.

Therefore, to support businesses, we often organize seminars and training conferences to update new policies for businesses.

On that basis, businesses need to take steps to prepare for this approach to comply well with the environmental policies that have been put in place.

Although affected by the global economic situation, stimulus policies and business support activities have contributed to maintaining the growth rate of the Vietnamese plastics industry. Regarding financial policies, the Government still has many issues to worry about, so plastic enterprises must be self-reliant in their production and business.

Vietnam's plastics industry is facing major challenges in terms of plastic waste and recycling needs. The transition to sustainable recycling and production technologies is urgent to meet the requirements of green development.

Currently, export markets are becoming more stringent in terms of environmental factors, requiring carbon credits and recycling technologies. This forces domestic plastics enterprises to adapt and improve, in order to avoid broken orders, in the context of increasingly fierce competition.

Can you share about the Association's activities in supporting members in sustainable development?

In the role of the association, in recent times, we have had many working sessions with agencies, ministries, branches, international organizations, especially the Ministry of Natural Resources and Environment.

We have developed and contributed to environmental protection regulations, including a very new point, Decree 08 regulating the responsibility of manufacturers and importers (EPR). This is a powerful tool to support the development of the recycling industry.

In the coming time, Vietnam will form a strong recycling industry to update and invest in modern technologies to serve the domestic market as well as export orders.

In addition, we coordinate with ministries and branches to build product designs to ensure that products after disposal must be beneficial and serve the purpose of collection and recycling.

That is one of the important development goals to contribute to building the plastic industry into one of the industries developing a circular economy and sustainable development.

Thank you!

By Lethu (recorded)/Quynhlan

Related News

The way for Vietnamese goods in the e-commerce race

The way for Vietnamese goods in the e-commerce race

VCN - The strong development of e-commerce systems, logistics, and the influx of foreign goods has caused domestic retail businesses to face challenges in terms of price and service speed.
Exporting via e-commerce: Hesitation leads to missed opportunities

Exporting via e-commerce: Hesitation leads to missed opportunities

VCN - Cross-border e-commerce has emerged as a critical export channel, expanding market access for Vietnamese products. However, micro, small, and medium-sized enterprises (MSMEs) in Vietnam face numerous difficulties and challenges in accessing and adopting cross-border e-commerce.
7 key export groups bring in US$234.5 billion

7 key export groups bring in US$234.5 billion

VCN - From the beginning of the year to November 15, the whole country has seven export groups with a turnover of US$10 billion or more.
Agricultural and food businesses benefit from green production

Agricultural and food businesses benefit from green production

VCN- Investing in production processes that meet sustainability and environmental protection standards early on has put agricultural and food processing enterprises in a ready position as soon as the market are in demand.

Latest News

Forum seeks to boost Vietnam-China agro-forestry-fisheries trade

Forum seeks to boost Vietnam-China agro-forestry-fisheries trade

A forum was held in the northern border province of Lang Son on December 3 to seek ways to enhance the agro-forestry-fisheries trade between Vietnam and its neighbour China.
Meetong recycling standards - reducing emissions, increasing competitiveness

Meetong recycling standards - reducing emissions, increasing competitiveness

VCN - Currently, the rate of domestic enterprises applying recycling standards in production is not high, mainly in large enterprises and FDI enterprises, while this is becoming one of the standards for exporting to key markets.
Accelerating official fruit and vegetable exports to China

Accelerating official fruit and vegetable exports to China

VCN - Vietnamese businesses must update and meet China's increasingly stringent food safety requirements.
Wood exports likely to top 16 billion USD this year

Wood exports likely to top 16 billion USD this year

The wood sector expects to earn 15.5-16 billion USD from exports this year, given a nearly 21% growth rate to 13.18 billion USD in the first 10 months.

More News

Vietnam’s manufacturing stalls on weak export activities

Vietnam’s manufacturing stalls on weak export activities

The Vietnamese manufacturing sector remained in growth territory in November but overall business conditions improved to a lesser extent than in the previous month as slower rises in output and new orders were recorded, according to the S&P Global.
Sustainable production, anticipating the pepper market

Sustainable production, anticipating the pepper market's price increase cycle

VCN - Pepper and spice exports are facing positive prospects as the price increase cycle begins to return. The pepper and spice industry is implementing many activities to promote sustainable production and improve quality to seize market opportunities.
Imports of textile and footwear materials soar amid robust industry growth

Imports of textile and footwear materials soar amid robust industry growth

VCN - Vietnam's appetite for raw materials in the textile and footwear sectors surged to new heights, with China firmly holding its position as the dominant supplier.
Agricultural product exports poised for record-breaking year

Agricultural product exports poised for record-breaking year

Vietnam’s agricultural product exports are on track to achieve an unprecedented milestone, with projected revenue reaching 60-61 billion USD this year, up 7-8 billion USD compared to 2023.
Binh Duong posts 10 billion USD in trade surplus this year

Binh Duong posts 10 billion USD in trade surplus this year

Binh Duong province is projected to achieve a record trade surplus of 10 billion USD this year, reaffirming its role as a leading economic hub in southern Vietnam.
US trade policy is expected to be "stricter", what should businesses do?

US trade policy is expected to be "stricter", what should businesses do?

VCN - As the global supply chain becomes increasingly complex and the predicted “stricter” changes from the Trump administration in early 2025, Vietnamese businesses must make changes to optimize opportunities and operate effectively in the supply chain.
Virtual booths open new doors for Vietnamese farm produce in China

Virtual booths open new doors for Vietnamese farm produce in China

Vietnamese agricultural products will be distributed directly to Chinese consumers through major e-platforms and social media, offering opportunities for enterprises to expand their market presence and enhance export potential.
Vietnam’s exports to the Philippines surge nearly 24% over 10 months

Vietnam’s exports to the Philippines surge nearly 24% over 10 months

VCN - Data from the Vietnam Trade Office in the Philippines, citing the Export-Import Department under the Ministry of Industry and Trade, revealed that Vietnam’s total export turnover to the Philippines reached US$5.22 billion in the first 10 months of 2024. This marks a 23.9% increase compared to the same period in 2023.
How will seafood exports to the US be affected after the US election?

How will seafood exports to the US be affected after the US election?

VCN - Mr. Donald Trump was re-elected as the President of the United States. The special trade policies of the United States under Mr. Trump can create both opportunities and challenges for Vietnam's seafood exports in the time to come.
Read More

Your care

Latest Most read
Forum seeks to boost Vietnam-China agro-forestry-fisheries trade

Forum seeks to boost Vietnam-China agro-forestry-fisheries trade

A forum was held in the northern border province of Lang Son on December 3 to seek ways to enhance the agro-forestry-fisheries trade between Vietnam and its neighbour China.
Meetong recycling standards - reducing emissions, increasing competitiveness

Meetong recycling standards - reducing emissions, increasing competitiveness

Currently, the rate of domestic enterprises applying recycling standards in production is not high, mainly in large enterprises and FDI enterprises, while this is becoming one of the standards for exporting to key markets.
Accelerating official fruit and vegetable exports to China

Accelerating official fruit and vegetable exports to China

Vietnamese businesses must update and meet China's increasingly stringent food safety requirements.
Wood exports likely to top 16 billion USD this year

Wood exports likely to top 16 billion USD this year

The wood sector expects to earn 15.5-16 billion USD from exports this year, given a nearly 21% growth rate to 13.18 billion USD in the first 10 months.
Vietnam’s manufacturing stalls on weak export activities

Vietnam’s manufacturing stalls on weak export activities

The Vietnamese manufacturing sector remained in growth territory in November but overall business conditions improved to a lesser extent than in the previous month as slower rises in output and new orders were recorded, according to the S&P Global.
Mobile Version