Foreign businesses seek investment in eco-industrial parks in Vietnam

23 Jun '22

1 min read

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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.

ALCHEMPro News Desk (DS)

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