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Foreign businesses seek investment in eco-industrial parks in Vietnam
23 Jun '22
1 min read
Pic: Shutterstock
Foreign investors seeking to invest in industrial parks in Vietnam want infrastructure along with environmental protection. With a rise in focus on circular economy, domestic and foreign firms want eco-industrial parks in the country that can reduce waste and promote sustainable growth. Several such parks now are operating without wastewater treatment plants.
Eco-industrial parks would help manufacturers overcome non-tariff barriers after Vietnam joined international trade agreements.
These issues were recently discussed at a conference on ‘Developing eco-industrial parks towards the goal of reducing net emissions to zero’ organised by Mekong ASEAN magazine in Haiphong City, a Vietnamese English-language daily reported.
Vietnam is gradually transforming its development model towards sustainability under the National Green Growth Strategy.
Transitioning from traditional industrial parks to eco-industrial parks requires support from many stakeholders, not a decree, it was concluded.
Fibre2Fashion News Desk (DS)
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