Vietnam to establish industrial environmental index

The Ministry of Planning and Investment has called for the implementation of an industrial environmental index in Vietnam, according to Le Thanh Quan, head of the ministry's department of economic zone management.

Quan said the establishment of environmental standards in more than 400 industrial parks and 18 economic zones across the country is to play a significant role in resolving environmental issues, reducing waste and achieving sustainable development. The ministry has been gathering data and feedback in preparation to set up the country's industrial environmental standards.

He said it is in line with the global trend to promote sustainable industrial development among developed countries including Japan, South Korea and Switzerland.

The implementation of the index is also part of a national development strategy on green growth for the 2021-2030 period with a vision to 2050, as well as Vietnam's commitment to reduce solid waste to zero by 2050 in accordance with the 2021 United Nations Climate Change Conference (COP26).

"The ministry encourages industrial parks to start preparing for the transition to environmentally friendly industrial production in the near future," Quan added.

The index, according to the ministry, is to be modelled based on international frameworks for building and operating environmental-friendly industrial parks and Vietnam's environmental standards.

A representative from the United Nations Industrial Development Organisation (UNIDO) said the index should be built to suit Vietnam's characteristics to ensure its successful implementation and practicality.

Vuong Minh Hieu, the department's deputy head, said industrial parks and economic zones played an important role in attracting foreign and domestic investment, creating jobs and economic development.

"However, there have been concerns over the environmental impacts in recent years as a result of rapid industrialisation including water pollution, air pollution and harmful waste." Hieu noted it's time the country made the transition to greener industrial production and sustainable development.

Nguyen Tram Anh from UNIDO said science and technology should be at the core of the transition with the government providing a solid legal framework and policy incentives to speed up the process.