Continue support for scaling up Vietnam’s eco-industrial parks: official
Capacity building and strong coordination play a significant role in advancing the government’s green growth and circular economy agenda, a government official said Friday.
Le Thanh Quan, director general of the Department of Economic Zones Management under the Ministry of Planning (MPI) and Investment and national director of the Eco-industrial Park Intervention in Vietnam project, was speaking at the project’s closing ceremony in Ho Chi Minh City.
The project was funded by the Swiss State Secretariat for Economic Affairs (SECO) and implemented by the United Nations Industrial Development Organization (UNIDO) in collaboration with the MPI.
Quan emphasized the project’s role in advocating the eco-industrial park approaches, aligning with national strategies such as the National Green Growth Strategy for 2021-2030, circular economy and achieving net zero emissions by 2050.
He proposed continued support to scale up eco-industrial parks in the future, the development of an information system for eco-industrial park evaluation, certification and monitoring, and the establishment of a mechanism for public private dialogue.

Le Thanh Quan, director general of the department of Economic Zones Management, Ministry of Planning and Investment, national project director of Eco-industrial Parks Intervention in Vietnam, speaks at the project’s closing ceremony, Ho Chi Minh City, April 12, 2024. Photo by The Investor/Vu Pham.
Sibylle Bachmann, head of cooperation at the Swiss embassy, also stressed the crucial role of the project in enabling sustainable and prosperous industrial development in Vietnam.
With support from the Eco-Industrial Park Program, Vietnam has put in place relevant regulations and decrees on industrial solid waste management, wastewater reuse, and recycling. The aim of upcoming project support provided by Switzerland through UNIDO will be to put these policies into practice, she said.
She also highlighted the importance of policies that enable the adaptation of innovative technological solutions related to circular economy models and leverage private sector’s commitment to green investments.
In addition, the program is developing Eco-Industrial Park standards and indicators based on international best practices, which will serve as an essential tool for monitoring the performance of industrial parks, she added.
Five years, five provinces
The Eco-industrial Park Intervention in Vietnam (GEIPP-Vietnam) project, with a total budget of $1.82 million, was piloted from 2020 to 2024 in five localities: HCMC, Can Tho, Dong Nai, Danang and Hai Phong.
The industrial parks selected for project intervention were the Amata Industrial Park, Deep C Industrial Park, and Hiep Phuoc Industrial Park. In addition, technical support was provided to the industrial parks involved in a previous UNIDO project: the Tra Noc 1&2 Industrial Parks and the Hoa Khanh Industrial Park.
The project aimed to demonstrate solutions for improving economic, environmental and social efficiency of the industrial sector and integrate development regulations into relevant mechanisms and policies.
MPI and UNIDO collaborated to support the transformation of existing industrial parks into eco-industrial parks, resulting in significant 603 resource efficiency and cleaner production (RECP) solutions identified.
Of these, 217 were implemented by 88 enterprises, leading to substantial savings of VND69.2 billion ($2.9 million) per year through reduced energy, resources and materials consumption, not to mention a reduction of 8,910 tons of CO2/year.
The eco-industrial parks (EIP) transformation has resulted in economic, social and environmental efficiency and mobilized large resources from the private sector for green industrial solutions. It has also ensured energy security and sustainable development, constituting an efficient climate change mitigation and adaptation response.
Hoang Anh Phu, from the MPI's Department of Economic Zones Management and the project coordinator, said that the industrial parks, including Deep C in Hai Phong city, Amata in Bien Hoa city (Dong Nai province) and Hiep Phuoc in HCMC, have made significant progress in deploying the eco-industrial park model.
However, additional support and appropriate mechanisms (including financial ones) are needed to replicate this model, he added.
Phuc said the IPs where the project was implemented were moving closer to the goal of transitioning to eco-industrial parks, with many improvements in industrial park management, economy, society, and environment.
The level of compliance with the criteria of the International Framework for Eco-industrial Parks for all pilot industrial parks has increased over the last five years. However, despite the improvements, no industrial park has fully met requirements for an international standard eco-industrial park, he added.
- Read More
Major Vietnamese broker SHS to double charter capital
Saigon-Hanoi Securities Corporation (SHS) plans to issue 894 million shares to increase its charter capital from VND8.13 trillion to VND17.07 trillion ($667.6 million), making it one of the top three securities firms in term of charter capital.
Companies - Wed, March 26, 2025 | 8:30 pm GMT+7
Elon Musk company okayed to pilot Starlink satellite internet service in Vietnam
Vietnam has allowed the U.S.'s SpaceX to pilot Starlink low-orbit satellite internet service in the country on a pilot basis until January 1, 2031.
Industries - Wed, March 26, 2025 | 5:18 pm GMT+7
Danish toymaker Lego to open $1.3 bln Vietnam plant next month
Denmark's Lego will officially open its factory in VSIP III Industrial Park in Vietnam's southern province of Binh Duong on April 9.
Industries - Wed, March 26, 2025 | 4:18 pm GMT+7
Top Singaporean firms earn high incomes in Vietnam
Singapore is the second-biggest foreign investor in Vietnam, with over $84 billion in registered investment capital as of end-January and many prominent investors raking in high incomes.
Companies - Wed, March 26, 2025 | 3:45 pm GMT+7
Vietnam, Singapore ink significant deals in Hanoi
Vietnamese Prime Minister Pham Minh Chinh and his Singaporean counterpart Lawrence Wong on Wednesday witnessed the signing of many cooperation deals between agencies and enterprises of the two countries.
Economy - Wed, March 26, 2025 | 2:51 pm GMT+7
Vietnam's major policies are reshaping economic development
Major policies are reshaping Vietnam's approach to economic development, which focuses on science, technology, and private enterprises, said a leader at the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Wed, March 26, 2025 | 12:11 pm GMT+7
PM okays over $10 bln urban area project in central Vietnam
The over VND260.3 trillion ($10.16 billion) Cam Lam New Urban Area project in the south-central province of Khanh Hoa has received in-principle approval from Prime Minister Pham Minh Chinh.
Real Estate - Wed, March 26, 2025 | 8:58 am GMT+7
S Korea's KIM Fund raises stake in Vietnam's marine transportation firm VIPCO
South Korea’s KIM Fund has increased its stake in Hai Phong city-based Vietnam Petroleum Transport JSC (VIPCO, HoSE: VIP) to 2.73%, making it the latter’s second-largest shareholder.
Companies - Wed, March 26, 2025 | 8:30 am GMT+7
Vietnam, Singapore seek cooperation chances in semiconductor industry
The Vietnam Trade Office in Singapore, in collaboration with the Singapore Semiconductor Industry Association (SSIA), organized a hybrid seminar on Monday to introduce Vietnam's potential, advantages, and development strategies for the semiconductor industry.
Southeast Asia - Tue, March 25, 2025 | 10:55 pm GMT+7
OV intellectuals in UK suggest blueprint for Vietnam’s int’l financial hub ambition
Vietnam can rise as a major international financial centre, both regionally and globally, with a strategic vision that highlights transparency, a skilled workforce, modern infrastructure, robust financial markets, and strong international branding, the Vietnam Intellectual Society in the UK and Ireland (VIS) told visiting Vietnamese Permanent Deputy Prime Minister Nguyen Hoa Binh in a recent meeting.
Southeast Asia - Tue, March 25, 2025 | 10:55 pm GMT+7
Vietnam Deputy PM discusses financial center development with ECB
Vietnam's Standing Deputy Prime Minister Nguyen Hoa Binh on Monday met with representatives of the European Central Bank (ECB) to discuss plans for the establishment of financial centers in Vietnam, as part of his working visit to Germany – the final stop in his European tour.
Southeast Asia - Tue, March 25, 2025 | 10:52 pm GMT+7
Indonesia keeps commitment on energy transition
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto on Monday affirmed that the U.S. decision to pull out of the Just Energy Transition Partnership (JETP) will not impact the other partners' commitment to it.
Southeast Asia - Tue, March 25, 2025 | 10:35 pm GMT+7
Malaysia’s electric vehicle sales surge
Malaysia’s automotive industry is gaining momentum, with electric vehicle (EV) sales soaring over the past two years and continuing to rise in 2025, driven by both domestic and international manufacturers.
Southeast Asia - Tue, March 25, 2025 | 10:23 pm GMT+7
Japan turns to Vietnam, Indonesia to tackle truck driver shortage
Logistics and transportation companies in Japan have begun recruiting foreign nationals as drivers now that their industries qualify for a special employment visa amid a severe labor shortage.
Southeast Asia - Tue, March 25, 2025 | 10:19 pm GMT+7
Malaysia expected to achieve economic growth of 4.5-5.5% in 2025
The Malaysian economy is projected to expand between 4.5% and 5.5% in 2025, underpinned by resilient domestic demand and ongoing investment activity, despite external uncertainties, according to the country’s central bank Bank Negara Malaysia (BNM).
Southeast Asia - Tue, March 25, 2025 | 10:10 pm GMT+7
Singapore’s core inflation falls in Feb
Singapore’s core inflation declined for the fifth straight month in February after falling sharply in January as most spending categories saw smaller year-on-year price increases.
Southeast Asia - Tue, March 25, 2025 | 10:01 pm GMT+7