#Circular Economy
On the afternoon of June 11, the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC), the German Business Association in Viet Nam (GBA), and the Ho Chi Minh City Supporting Industries Association (HASI) jointly organised the Germany–Viet Nam Business Forum 2026 under the theme “Circular economy in manufacturing.”
Making use of abundant agricultural by-products, many businesses, cooperatives and farming households have in recent years stepped up the production of organic fertilisers. This is regarded as an important solution for reducing environmental pollution and greenhouse gas emissions, contributing to the goal of developing a sustainable circular agricultural economy.
Viet Nam attaches importance to strengthening multifaceted cooperation with Norway, as the two sides have favourable conditions to complement each other and expand mutually beneficial cooperation towards green transition and circular economy development, said Minister of Foreign Affairs Le Hoai Trung on February 10.
Each year, coal-fired thermal power plants nationwide generate an average of more than 25 million tonnes of ash and slag. In the past, most of this by-product was disposed of in landfills, causing environmental pollution and wasting resources. Today, thanks to coherent mechanisms and policies introduced by the Government, ministries and sectors, together with the efforts by enterprises, ash and slag have been increasingly being recycled into valuable materials and products.
Following the merger with Hau Giang and Soc Trang, Can Tho City is now home to more than 640 agricultural cooperatives. Many of them have been operating effectively by diversifying products, expanding markets and linking up with businesses for product sale, thereby raising incomes for their members.
While the world continues to struggle with problems of waste and resource depletion, one Vietnamese enterprise has quietly proven a simple truth: when placed in the right hands, waste can become gold.
President and Chief Executive Officer of Japan’s Mitsui & Co Ltd. Hori Kenichi on November 27 reaffirmed Mitsui’s commitment to long-term cooperation and investment in Viet Nam when he met with Prime Minister Pham Minh Chinh in Ha Noi.
The Institute of Viet Nam and World Economy (under the Viet Nam Academy of Social Sciences) held a forum titled “Implementing the Circular Economy in Viet Nam: Policies and Action Linkages” in Ha Noi on November 10.
Many economic sectors in Viet Nam are presented with significant opportunities to transition to a circular economy model. Making use of by-products and recycling waste not only reduces pollution but also opens pathways to sustainable development and increases economic value.
In the context of rapid urbanisation, mounting environmental pressures, and escalating climate change, Ho Chi Minh City is striving to promote the development of a circular economy, laying the groundwork for building a green economy. However, to achieve this goal, the city must implement comprehensive solutions accompanied by bold and breakthrough policies.
Up to 25 teams gathered in Ha Noi on June 25 for the 2025 Plastics Innovation Programme award ceremony, presenting groundbreaking solutions to curb plastic pollution through advanced production and design techniques, reusable products, and circular financial tools.
A two-day APEC workshop has been held in Ha Noi, focusing on supporting small and medium-sized enterprises (SMEs) in the textile and garment industry to transition towards a circular economy.
