Last updated: Wednesday, March 29, 2017
Vietnam Environmental Industry Development to 2025 ApprovedPosted: Thursday, February 23, 2017
The Prime Minister has approved the Vietnam environmental industry project to 2025 with the aim of developing the environmental industry into an economic sector with significant contributions in the economy by 2025, basically satisfying the demand for domestic environmental protection.
The project targets to develop waste treatment and recycling technologies; environmental pollution analysis, observation, monitoring and control technologies and technologies for sustainable use of natural resources and environmental rehabilitation suited to the conditions in Vietnam and the world trend; and boost the application and commercialisation of technological research and development results.
The project also seeks to develop and manufacture equipment and products basically meeting the demand for domestic environmental protection; and step by step head towards exporting products of competitive advantage. The domestic production capacity is expected to satisfy about 70-80 per cent of the demand for water and wastewater treatment equipment, 60-70 per cent of the demand for solid waste treatment and recycling equipment, 70-80 per cent of the demand for emission treatment equipment, 60-70 per cent of the demand for environmental protection products. About 20-30 per cent of products of the environmental industry is hoped to be exported under the project.