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Update news circular economy
Closing the post-consumer plastic loop could bring significant economic and environmental benefits as Vietnam tackles growing plastic waste.
Vietnam's textile and footwear sector targets annual export growth of 7.5–8% from 2021 to 2025, with turnover expected to reach 50–52 billion USD by 2025 and 68–70 billion USD by 2030.
VN considers the implementation of the circular economy an interdisciplinary task and a shared responsibility of society, requiring the involvement of all levels of government, ministries, local authorities, organisations, and individuals.
Prime Minister Pham Minh Chinh on February 20 issued an official dispatch regarding the active and proactive implementation of solutions to promote the circular economy.