The Government encourages Enterprises to recycle plastics waste

The Government encourages Enterprises to recycle plastics waste

With the fact that 80% of raw materials for manufacturing plastic industry in Vietnam still have to be imported, the Government encourages enterprises to invest in technology to recycle plastic waste in order to minimize the import of scraps.

Vietnam plastic industry needs to focus on recycling plastics

The Government is constantly encouraging enterprises operating in Vietnam plastic industry to invest more in technology to recycle plastic waste. This can help to limit the import of scrap materials and handle well the domestic plastic waste, because Vietnam still has to import 80% of raw materials for service the production of plastics industry despite the growth of 15% - 20% per year.

Mr. Ho Duc Lam, Chairman of Vietnam Plastics Association, said that the growth potential of Vietnam plastic industry is still very large in both export and domestic consumption. However, many plastic production units in Vietnam are mostly dependent on imported materials because Vietnam's plastic recycling industry has not developed yet. According to Mr. Lam's suggestions, the Government should focus on promoting production and trading of recycled products, creating a habit of using and classifying sources to effectively utilize domestic waste resources.

In addition, it is necessary to have environmentally friendly technological solutions in recycling, reusing, or creating biodegradable bio-plastic products for uses. Particularly, Vietnam Plastics Association also encourages plastic recycling enterprises to give top priority to the use of plastic wastes generated domestically.

The need to reduce plastic waste of plastic bags

The Government in recent years has issued many special policies for enterprises to invest in modern technology equipment to recycle waste. If we promote recycling plastics in the country, we can meet 50% of raw materials for plastics production.

Prof. Dr. Nguyen The Chinh, Director of the Institute of Natural Resources and Environment Policy Strategy, said that in order to reduce plastics waste, especially disposable plastic bags to the environment, Vietnam needs to improve the regulation on legal management and control of non-biodegradable plastic bags. At the same time, there must be a policy on tax to limit the use of disposable plastic bags and encourage the production of environmentally friendly plastics bags and other superior substitutes. According to Mr. Chinh, the production capacity of environmentally friendly plastic bags in our country is considered to fix with domestic technologies; however, it has not competed with the prices of the hard-to-decompose plastic bags which are popular today yet.

Deputy Ministe Vo Tuan Nhan said that the top priority in current environmental management policy in Vietnam is recycling and reusing waste in general and recycling plastics waste in particular. In addition to the opportunities of the government's incentive policies and the demand for raw materials of the plastics industry for enterprises, some challenges for them will include ensuring environmental standards through investment in modern machinery and technology and the observance of environmental law provisions.

PLASTECH Vietnam, The International Exhibition & Conference on Machinery, Equipment, Technology and Materials of Plastics Industry anually held in Vietnam, is an ideal place for connecting, enhancing and expanding businesses. Please come to visit PLASTECH Vietnam 2019, which will take place from 26th – 28th June 2019 at Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City.