Fostering connections and partnerships within the plastic circular ecosystem in Vietnam is an important step towards promoting sustainability. This ecosystem comprises businesses, non-governmental organizations, government agencies, researchers, and individuals in the community. Each partner plays a vital role in driving plastic circular solutions, from collection and sorting to recycling and reuse.
The “2024 Plastic Circular Innovation Solutions” program promotes innovation from individuals and organizations nationwide in developing plastic waste recycling technology.
While the current plastic waste management system in Vietnam has limitations, especially in operationalizing Extended Producer Responsibility (ERP), it also presents opportunities for businesses and organizations to contribute to refining the legal framework and creating breakthrough solutions for a circular economy.
To facilitate plastic circular solutions, the public-private collaboration has implemented various legal and financial incentives to encourage businesses and communities to engage in recycling and reuse activities.
The “2024 Plastic Circular Innovation Solutions” program was established to identify, promote, and recognize innovative solutions from individuals and organizations across the country in developing plastic waste recycling technology. This program also aims to address plastic waste issues and support the implementation of EPR regulations. It serves as a platform for initiatives to seek market and investor opportunities.
Top 20 ideas in the 2024 Plastic Circular Innovation Solutions competition
The program has provided comprehensive consulting, training, and technical support from experts, enabling the participating teams to effectively implement and scale their solutions. It also connects these teams with potential investors and financial institutions. Additionally, the projects have the opportunity to pitch their solutions to investors, enhancing their capital mobilization and receiving necessary support to minimize risks and increase their chances of market success.
Online training session for the Top 20 teams by the National EPR Council Office – Ministry of Natural Resources and Environment, BSI Group, Unilever Vietnam, and Britcham
During the training for the top 20 teams of the 2024 Plastic Circular Innovation Solutions program, representatives from the National EPR Council Office, BSI Group, Unilever Vietnam, and Britcham shared practical knowledge and insights on recycling standards. This helped the teams enhance their projects and better prepare for the upcoming competition round.
In-person training for the Top 20 teams with enterprise representatives
At this training session, Ms. Ly Kim Chi, a Sustainability Expert from BSI Group, provided valuable insights into international and domestic standards related to recycling and plastic materials. This topic generated a lot of interest from the participating teams, who actively engaged with their questions.
Additionally, Ms. Phuong Ha, representing the National EPR Council Office, shared crucial information about EPR, financial support policies, and specific guidelines related to the Environment Protection Fund and Law. The training also offered a valuable opportunity for the teams to gain practical insights from Unilever’s plastic recycling operations through a presentation by Ms. Nur Evvira Sabrina, Sustainable Plastic Procurement Management Expert, coordinated by Ms. Vo Luong Binh Nguyen, Head of Sustainable Development at Unilever Vietnam.
“We are honored to receive positive feedback from the participating teams in the training session,” said Ms. Vo Luong Binh Nguyen, Head of Sustainable Development at Unilever Vietnam. “As a member of the organizing committee, I hope that the 2024 Plastic Circular Innovation Solutions program will serve as a launchpad for creative ideas in the plastic circular field, opening up opportunities for projects to develop and implement effective solutions.” Unilever Vietnam also looks forward to the support of experts, financial institutions, and investors in realizing these ideas and promoting the sustainable development of the plastic industry.
Ms. Vo Luong Binh Nguyen – Head of Sustainable Development at Unilever Vietnam
The “2024 Plastic Circular Innovation Solutions” program is a collaborative effort between the Ministry of Natural Resources and Environment, Unilever Vietnam, the British Business Association (BritCham), and the Vietnam Science and Technology Entrepreneur Fund (SVF). The competition attracted over 100 project entries, and after rigorous screening, training, and selection processes, the Top 20 teams were chosen. The final round of the competition is expected to take place in September 2024, where the Top 5 most outstanding and effective initiatives in collecting, sorting, and recycling plastic packaging waste suitable for the Vietnamese market will be honored.
The most extensive bribery case ever in Thanh Hoa: Numerous suspects prosecuted for “Giving and Receiving Bribes”
The Provincial Security Investigation Agency (PSIA) of Thanh Hoa province announced on January 31st that it has made the decision to initiate a prosecution against 23 individuals in connection with the offenses of “Accepting bribes” and “Giving bribes” as stipulated in Article 354(3) and Article 364(2) of the Criminal Code.
Accelerating disbursement of the 120 trillion VND credit package for social housing
Deputy Prime Minister Trần Hồng Hà has recently issued directives regarding the implementation of the 120,000 billion VND credit package for investors and buyers of social housing, workers’ housing, and projects for the renovation and construction of apartment buildings.
“Prosecution of government officials, land registration officers, and tax department employees in the largest bribery case ever”
The Thanh Hoa Police Investigative Agency has initiated legal proceedings against 23 individuals involved in the crimes of “Bribery” and “Receiving bribes”. This is the largest bribery case in terms of the number of suspects ever discovered and apprehended by the Thanh Hoa Police.
Mobile World achieves revenue of VND118,000 trillion: TVs, tablets, and phones all decrease by 10% – 50%, while one product grows in both quantity and revenue.
Mobile World Investment Corporation (MWG) has recently announced its 2023 business results. According to the report, the company’s consolidated revenue reached over 118 trillion Vietnamese dong, equivalent to 89% of the revenue in 2022.
Vietnam’s Irresistible ‘Specialty’ That China Desperately Wants to Revive: Highly Popular from the US to Asia, Bringing in Millions of Dollars
Vietnam is one of the largest exporting countries in the world, along with China and the Philippines.
