Netherlands, UNDP team up to accelerate circular economy in Viet Nam
VGP - The Embassy of the Netherlands and the United Nations Development Program (UNDP) on Tuesday jointly announced "Accelerate Circular Economy for Business (ACE-Biz) project designed to foster circular economy in Viet Nam's private sector.
The project aims to contribute to Viet Nam's low-carbon and circular development by transforming business through formulating circular guidelines, delivering capacity-building programs, fostering technology transfer, and demonstrating the certification scheme to promote exchanges of secondary materials and reusable goods through an online marketplace.
It will be jointly implemented by the Ministry of Industry and Trade, the Ministry of Natural Resources and Environment, and the private sector partners and academia from Viet Nam and the Netherlands, Nam Cau Kien Industrial Park, NX Filtration Company and Saxion University of Applied Sciences.
The project will facilitate the development of comprehensive technical guidelines, enabling enterprises to integrate circular design principles and adopt circular industrial wastewater models.
Besides, it will offer tailored capacity-building programs, equipping Vietnamese businesses with the knowledge and skills to demonstrate green production methods and reduce environmental pollution through circular economy practices.
The collaboration aims to drive tangible change and establish a solid foundation for sustainable economic growth by nurturing a network of circular economy champions in the private sector.
Notably, a significant demonstration component of the project involves establishing a close–loop model for circular industrial wastewater.
This model will prove the economic viability of circular industrial wastewater treatment, inspiring and encouraging the adoption of similar models in other regions and industries.
"Together, we will leverage our expertise, resources, and networks to support Vietnamese businesses in transitioning towards a more sustainable and circular economy, thereby contributing to a greener future," stated Kees van Baar, the Netherlands Ambassador to Viet Nam.
"By combining our knowledge and experience, we can drive transformative change and empower businesses to adopt sustainable practices, leading to a more resilient and prosperous future for Viet Nam," said Ramla Khalidi, UNDP Resident Representative in Viet Nam./.