This is the first year of EPR implementation in Việt Nam, and the hope is to create a change in the process of promoting the circular economy. In 2021 nine enterprises, TH Group, Coca-Cola, FrieslandCampina, La Vie, Nestle, Nutifood, Suntory PepsiCo, Tetra Pak, and Universal Robina Corporation established the Packaging Recycling Organisation Việt Nam. In October 2023 La Vie Limited Liability Company signed a memorandum of understanding for a waste-plastic collection and recycling co-operation programme with DUYTAN Plastic Recycling. DUYTAN Plastic Recycling has invested US$60 million in a plastic recycling plant that used Bottle to Bottle technology. The factory is now among the five most modern and largest that recycle plastic in the world.
Source: Viet Nam News January 22, 2024 13:05 UTC