Vietnam promotes development of eco-industrial parks

Vietnam aims to become a developed country by 2045 and achieve net zero emissions by 2050. It is considered an ambitious goal but also a challenge for a developing country like Vietnam.
Vietnam promotes development of eco-industrial parks ảnh 1Illustrative image (Photo: baotainguyenmoitruong.vn)

Hanoi (VNA) – Vietnam aims to become a developed country by 2045 and achieve net zero emissions by 2050. It is considered an ambitious goal but also a challenge for a developing country like Vietnam.

The development of eco-industrial parks and closed circular production chain are considered effective solutions to contribute to the realisation of the goal.

However, the development of eco-industrial parks is not an easy task when there are many obstacles in terms of mechanism, determination and participation of enterprises.

An eco-industrial park is known as a "community" of businesses that produce and provide services with the goal of developing and protecting the environment at the same time. The standards of an eco-industrial park require a large amount of investment to meet the regulations.

Accordingly, infrastructure must comply with the law, protect the environment and labourers while ensuring basic services. Besides, clean production, efficient use of resources and a minimum of 25% of land for green buildings. Eco-industrial parks must have a mechanism to monitor and manage inputs and outputs, effectively operate resources and emissions.

Pham Hong Diep, Chairman of the Board of Directors of Shinec JSC, the investor of Nam Cau Kien Industrial Park in Hai Phong city, said that the park has over 40% of the land area for parks, trees, public areas, and infrastructure. Currently, all waste water, exhaust gas, dust and waste from factories in the industrial park has been treated and measured by electronic systems and automatically monitored round the clock to ensure a clean and green ecosystem.

According to the chairman, investment in eco-industrial parks will increase the costs by about 30% compared to normal ones. However, the Nam Cau Kien Industrial Park has set a goal that by 2030, it will achieve net zero emissions, forwarding to a model in the same kind which helps to inspire investors nationwide to have a sustainable investment view, investment for the future economic development closely associated with environmental protection, thereby creating many symbiotic ecosystems.

Forming a circular production chain in the industrial park is considered one of the important criteria of an eco-industrial park. At present, many industrial zones find it hard to form a circular production chain, but at Nam Cau Kien, there are three circular production chains and the fourth circular production chain is being built.

In a summary report on the development of industrial parks and economic zones over the past three decades released by the Ministry of Planning and Investment, which has been approved by the Government, by 2030, 40-50% of localities will have plans to convert existing industrial parks to eco-industrial parks, and up to 10% of localities have orientations to build new eco-industrial parks in order to attract investment.

This will greatly contribute to the realisation of the country's net zero commitment by 2050.

Vietnam promotes development of eco-industrial parks ảnh 2Illustrative image (Photo: baodautu.vn)

Now, Vietnam has more than 400 industrial parks, but a few of those industrial parks have plans to convert themselves into eco-industrial parks.

According to economic expert Mai Van Sy, there are many difficulties in the development of eco-industrial parks. There is still no specific incentive mechanism for developing eco-industrial parks, and the investment in eco-industrial parks requires much more significant capital, forcing businesses to make reasonable calculations in terms of profit.

Besides that, while developing an eco-industrial park, planning areas for trees and landscapes from the beginning is essential, he said.

Hoang Tuan Anh, General Director of the Shinec JSC, said the increased investment is one of the difficulties. The development cannot be done if there is no synchronised mindset from the beginning.

Building an eco-industrial park must meet a lot of criteria. Of which, there are some criteria that are difficult to carry out, such as building a circular economic chain. In order to form the chain, many investors and businesses must join hands in developing the chain.

To promote the development of eco-industrial parks and green growth, the Government issued Decree No. 35/2022/ND-CP regulating the management of industrial parks and economic zones.

This decree is expected to create a premise and motivation for the eco-industrial park model playing a positive role in green growth, towards sustainable development goals.

According to Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc, the eco-industrial parks can only really play a positive role in the national sustainable development strategy when they are multiplied with support in terms of policy, technology, finance and information, and close connection between domestic agencies and international organisations.

According to Dao Phan Long, an expert in the mechanical engineering industry, in order to accelerate the process of gaining net zero emission in industrial parks, it is necessary to soon concretise preferential policies for eco-industrial parks in Decree 35/2022/ND-CP. At the same time, the State should have some special incentives for enterprises or investors who develop or convert eco-industrial parks successfully./.

VNA

See more

The Vietnamese delegation attends the conference. (Photo: VNA)

Vietnam announces priorities for APEC Finance Ministers’ Process 2027

The priorities are strengthening capital markets to mobilise private capital for innovative businesses, promoting data-driven finance to improve access to capital for micro, small and medium-sized enterprises (MSMEs), diversifying financial resources for development, and enhancing the capacity of young people in the financial sector.

The seminar marking 30 years of Vietnam’s securities industry in Hanoi on October 21 (Photo: VNA)

Vietnam steps up stock market reforms following FTSE Russell upgrade

As of September 30, 2026, the stock market’s capitalisation reached 10.3 quadrillion VND (398.2 billion USD), equivalent to 80.2% of estimated GDP in 2025. The number of investor accounts rose from around 3,000 in 2000 to nearly 14.1 million or 13.8% of the population at the end of September 2026, exceeding the target of 11 million accounts by 2030.

In the first eight months of 2026, Vietnam-Belgium trade increases 4.7% year-on-year to 3.1 billion USD. (Illustrative photo: VNA)

Vietnam, Belgium expand cooperation, tap trade, investment potential

The official visit to Belgium by General Secretary of the Communist Party of Vietnam Central Committee and President To Lam is expected to provide fresh impetus for cooperation in trade, investment, science and technology, innovation, high-quality human resources training, logistics and green growth.

A view of the World Trade Center Binh Duong New City in Binh Duong ward, North of Ho Chi Minh City. (Photo courtesy of the WTC BDNC)

Vietnam to host the 2027 WTCA Global Business Forum

By hosting the 2027 WTCA GBF, Vietnam will strengthen its position as a preferred destination for diversified manufacturing, and will allow it to develop further the technology, skills and industrial ecosystems required for its next stage of growth.

Minister of Finance Ngo Van Tuan (left) and Erin Browne, US Under Secretary of the Treasury for International Affairs, at their meeting in Hong Kong (China) on October 20, 2026. (Photo: Ministry of Finance)

Vietnam, US seek to promote financial cooperation

Erin Browne, US Under Secretary of the Treasury for International Affairs, spoke highly of Vietnam’s proposed priorities and affirmed that the US Department of the Treasury stands ready to work closely with Vietnam to translate them into detailed action plans.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam, Danish King Frederik X and delegates at the Vietnam–Denmark Business Forum in Copenhagen on October 20. (Photo: VNA)

Top Vietnamese leader attends Vietnam–Denmark Business Forum

The Vietnamese leader stressed that Vietnam seeks not only investment capital but also advanced technologies, expertise, modern management practices, research and development (R&D), high-quality human resources and stronger links between foreign investors and domestic businesses. He called on Danish enterprises to contribute their experience, resources and reputation to these efforts.

Unloading imported containers from China, transported by the vessel BBG Nan Ning Bo Run, at Can Tho Port (Photo: VNA)

New market opportunities for businesses to make breakthroughs

The Politburo’s Resolution No. 27-NQ/TW, dated August 28, 2026, on regional development and the organisation of national development space in the new period is seen as a fundamental solution to this problem. By reorganising economic space around functional areas and development corridors, the resolution opens up opportunities to restructure supply chains, ease logistics costs and create fresh momentum for substantive breakthroughs across the business community.

Vinh Long Business Association and HKBAV sign a MoU on cooperation (Photo: VNA)

Tay Ninh, Vinh Long court stronger partnerships with China's Hong Kong

Tay Ninh and Vinh Long each have distinct strengths and opportunities, while Hong Kong offers international connectivity, financial capacity, logistics capabilities and professional services. Pairing them would open practical opportunities in trade, investment, food processing, infrastructure and supply chains.