Submitting regulations on eco-industrial parks for Government's consideration
An expert group conference on eco-industrial parks (EIPs) in Vietnam was organised by the Ministry of Planning and Investment and the UN Industrial Development Organisation (UNIDO) in the central province of Quang Nam on September 29.
The Ministry of Planning and Investment (MPI) will include basic regulations on EIPs in some draft decrees to be submitted to the Government for consideration later this year.
During the meeting, many participants said the EIP is a new model in Vietnam and has not been stipulated in any legal document. Basically, an EIP has cleaner production processes with updated technologies to promote energy efficiency.
To establish EIPs, it is necessary to set higher standards for greenhouse gas emissions and waste treatment and encourage the use of recycling and energy reuse technologies.
As June 2016, Vietnam had 321 industrial parks and export processing zones. They housed over 6,600 FDI projects and 6,200 domestically invested projects with a combined capital of over 105 billion USD and 693 trillion VND (31 billion USD).
Director of the MPI’s Economic Zone Management Department Tran Duy Dong said that enterprises in industrial parks account for more than 50 percent of industrial production value and 53 percent of export revenue of Vietnam annually.
However, industrial activities are posing numerous challenges to the environment and human health. Up to 16 percent of operational industrial parks haven’t had wastewater treatment plants, and 20 percent of industrial waste is hazardous.
Therefore, building EIPs is critical to improving production efficiency and environmental protection, he said.
The MPI is working with the UNIDO to implement a 4.5 million USD project on carrying out the EIP initiative for sustainable industrial zones in Vietnam. The project is piloted in the industrial parks of Khanh Phu (Ninh Binh province), Khanh Hoa (Da Nang city), and Tra Noc 1 and 2 (Can Tho city).
During the meeting, many participants said the EIP is a new model in Vietnam and has not been stipulated in any legal document. Basically, an EIP has cleaner production processes with updated technologies to promote energy efficiency.
Illustrative image
|
As June 2016, Vietnam had 321 industrial parks and export processing zones. They housed over 6,600 FDI projects and 6,200 domestically invested projects with a combined capital of over 105 billion USD and 693 trillion VND (31 billion USD).
Director of the MPI’s Economic Zone Management Department Tran Duy Dong said that enterprises in industrial parks account for more than 50 percent of industrial production value and 53 percent of export revenue of Vietnam annually.
However, industrial activities are posing numerous challenges to the environment and human health. Up to 16 percent of operational industrial parks haven’t had wastewater treatment plants, and 20 percent of industrial waste is hazardous.
Therefore, building EIPs is critical to improving production efficiency and environmental protection, he said.
The MPI is working with the UNIDO to implement a 4.5 million USD project on carrying out the EIP initiative for sustainable industrial zones in Vietnam. The project is piloted in the industrial parks of Khanh Phu (Ninh Binh province), Khanh Hoa (Da Nang city), and Tra Noc 1 and 2 (Can Tho city).
13:47, 2024/04/01
Vietnam, China intensify cooperation on green growth, digital economy
The scope of cooperation includes not only investment but also technology transfer, employee training, and the exploration of other markets.
22:03, 2024/01/18
Hanoi's green industrial parks attract investment
Hanoi's industrial and commercial sector has been focusing on green growth - a trend that catches investors' attention.
22:11, 2023/02/10
Vietnamese, Singaporean firms ink agreements to bolster economic relations
Singapore’s FDI into Vietnam in 2022 amounted to nearly US$6.46 billion, making it the largest foreign investor for that year.
14:32, 2022/09/24
Thang Long Industrial Park urged to streamline administrative procedures for manufacturers
Hanoi continues to promote the attraction of foreign investment capital for socio-economic development.
08:32, 2022/09/12
Vietnam leads top choice for global investors: Cushman & Wakefield
Vietnam is considered an attractive investment destination and a dynamic, open economy with a high growth rate in the world.
17:20, 2022/03/07
Vietnam-Singapore III Industrial Park to be built in Binh Duong this month
The industrial park will prioritize both high-tech tenants and labor-intensive industries such as apparel and footwear.
- Vietnam Prime Minister approves three industrial parks
- Recruitment demand of foreign manufacturers surges in 2021
- New industrial project expected to lure high-tech investment in Thai Binh
- Vietnam draws US$6 billion in FDI to industrial and economic zones in H1
- Strong FDI brings gold for Vietnam’s industrial zone developers
- Foreign investment fuels industrial real estate in Vietnam