Vietnam plastic recycling factory churns out 18,200 tons
Duy Tan recyling factory in Vietnam's southern province of Long An collected and recycled 18,200 tons of plastic waste, equivalent to 1.6 billion plastic bottles, in the first ten months of this year.
During that time, Duy Tan Plastic Recycling JSC exported 9,600 tons of plastic resin products to 12 countries, while 7,100 tons went for domestic use, said Le Anh, director of sustainable development for the company, during the "Green experience tour" at the factory last week.

Plastic waste at Duy Tan Recycling factory in Long An province. Photo courtesy of Vietnam’s Association of High Quality Enterprises.
Vietnam’s Association of High Quality Enterprises and Vietnam’s Business Studies and Assistance Center organized the tour to create an opportunity to share information, knowledge, and practical experience about circular economy models, and green, sustainable economies.
According to information from the company, each year, Vietnam generates 3.3 million tons of plastic waste, of which only 27% is collected and 10% is recycled. Faced with that situation, Duy Tan recycling factory was built on an area of 65,000 m2 with an investment of $60 million. The design capacity is 100,000 tons per year.
Le Anh said the factory meets 90% of the "three no's" standards, which are no emissions, no waste, and no wastewater. In particular, 90% of wastewater after being treated is returned to the production process, while 10% is used for landscaping purposes, and no wastewater is sent to the general treatment system at the industrial zone.
Challenges in collecting plastic waste
Recycled plastic businesses also face many challenges. The cost of products made from recycled plastic is still about 30% higher than that of virgin plastic. Another challenge is that raw materials must meet standards, ensuring that the output meets the strict requirements of purchasing partners.
According to Le Anh, raw materials are often mixed with many impurities and do not meet standards. Substandard classification increases the loss rate in Duy Tan's production process by up to 40–45%, which is the main reason why recycling costs remain high. To reduce waste rates and optimize the production process, Duy Tan is making efforts to purchase qualified waste materials.
Currently, Duy Tan has applied a set of purchasing criteria to more than 100 waste barns in the south, with an output of about 3,000 tons/month. This policy aims to ensure stable output for purchasing partners and create favorable conditions for the transition process and support agents in the process of purchasing plastic scrap materials.
- Read More
Malaysia expected to remain magnet for FDI
Malaysia’s foreign direct investment (FDI) is expected to remain robust in the long term, but there could be repercussions in the short term as investors hold back on their investment decisions amid heightened global uncertainties.
Southeast Asia - Sat, February 15, 2025 | 9:01 pm GMT+7
Laos to build $1.9 bln wind power plant to export electricity to Vietnam
The Lao Government and Chitchareune Construction - a Lao builder will jointly build the 1,200 MW Nong wind power plant, with an investment of $1.9 billion, to export electricity to Vietnam.
Energy - Sat, February 15, 2025 | 8:46 pm GMT+7
Malaysia needs more funding for semiconductor sector
Malaysia needs more funding for the implementation of the National Semiconductor Strategy (NSS) to enhance its competitiveness with neighboring countries, said Penang Chief Minister Chow Kon Yeow.
Southeast Asia - Sat, February 15, 2025 | 4:31 pm GMT+7
Thailand considers easing rules on income from overseas
Thailand’s government is considering easing personal income tax rules for individuals’ overseas income to encourage the remittance of those funds back into the country, said a senior official.
Southeast Asia - Sat, February 15, 2025 | 4:29 pm GMT+7
Nissan to close factory in Thailand
Japanese automaker Nissan has announced plans to close one of its two automobile factories in Thailand this year, following the collapse of merger talks with Honda.
Southeast Asia - Sat, February 15, 2025 | 4:10 pm GMT+7
Vietcombank leads Vietnamese banks in 2024 pre-tax profit
Vietcombank reported a pre-tax profit of VND42.2 trillion ($1.66 billion) last year, ranking as the most profitable Vietnamese lender, according to the Vietnam Banking Association (VNBA).
Banking - Sat, February 15, 2025 | 4:04 pm GMT+7
Vietnam's leading trade firm Hapro appoints new general director
Hanoi Trade Corporation (Hapro), a leading producer and exporter of agricultural produces in Vietnam, has appointed deputy general director Duong Thi Lam as general director, effective from March 1, 2025.
Companies - Sat, February 15, 2025 | 2:18 pm GMT+7
Private Vietnamese lender DongA Bank renamed Vikki Bank
DongA Bank, a private lender in Vietnam, has changed its name to Vikki Bank, with approval from the State Bank of Vietnam (SBV).
Banking - Sat, February 15, 2025 | 10:59 am GMT+7
Korea's SK Group seeks partnerships in LNG-fired power projects in Vietnam
South Korean chaebol SK Group seeks to jointly build LNG-fired power plants in Vietnam and then develop facilities utilizing electricity generated by those power plants.
Energy - Sat, February 15, 2025 | 9:26 am GMT+7
World’s largest shipping line MSC docks at southern Vietnam port
Phuoc An Port, the largest seaport in Dong Nai province, on Thursday welcomed the first ship from MSC, the world’s largest shipping line, opening up significant opportunities for boosting international trade in Vietnam’s southern region.
Economy - Sat, February 15, 2025 | 8:17 am GMT+7
Vietnamese chemical-pharmaceutical industry eyes yearly growth of 8-11% by 2045
Vietnam's chemical-pharmaceutical industry is expected to achieve an annual growth rate of 8-11% by 2045, according to a newly-approved program on the industry’s development until 2030, with a vision to 2045.
Southeast Asia - Fri, February 14, 2025 | 11:28 pm GMT+7
Vietnam PM urges world's food industry leader JBS S.A to invest in livestock farming, meat processing
Brazil’s JBS S.A, the world’s largest meat processing enterprise, should consider investing in livestock farming, meat processing, industrial crops, and coffee processing in Vietnam, said Prime Minister Pham Minh Chinh.
Industries - Fri, February 14, 2025 | 11:08 pm GMT+7
China proposes new initiatives of cooperation with ASEAN
China has unveiled new proposals to boost cooperation with ASEAN in key areas such as maritime cooperation, artificial intelligence, transportation, blue economy, women’s and children’s health, and the environment, towards strengthening the comprehensive strategic partnership between the two sides.
Southeast Asia - Fri, February 14, 2025 | 8:17 pm GMT+7
Honda Vietnam’s motorcycle, car sales decline in Jan
Honda Vietnam's motorcycle sales reached 198,911 units, marking a 12.6% decline from January 2024, while it sold 1,826 cars, a 9.7% decrease year-on-year.
Southeast Asia - Fri, February 14, 2025 | 8:15 pm GMT+7
Vietnam auto sales fall 2% to 18,893 in Jan amid EV trend
Members of the Vietnam Automobile Manufacturers' Association (VAMA), not including VinFast and Hyundai, sold 18,893 units in January 2025, down 2% year-on-year and 40% from December 2024.
Companies - Fri, February 14, 2025 | 4:50 pm GMT+7
China-based Red Board Electronics to invest $110 mln in northern Vietnam
China-invested Red Board Electronics Limited will invest $110 million in Vietnam’s northern province of Ha Nam to manufacture printed circuit board (PCB).
Industries - Fri, February 14, 2025 | 3:25 pm GMT+7