Packaging, plastics & rubber industries poised for green, sustainable growth

In a highly competitive market, the packaging, plastics, and rubber industries in Vietnam are undergoing a significant transformation, driven by automation, production optimization, and sustainable development initiatives.

Ms. Le Thi Nhu Hanh, Standing Vice President of the Vietnam Packaging Association (VINPAS), emphasized that growing demands for quality, environmental sustainability, and cost efficiency pose both challenges and opportunities. These demands encourage innovation and drive competitiveness in the industry.

Mr. Nguyen Van Viet, Chairman of the Vietnam Beer, Alcohol, and Beverage Association (VBA), highlighted the pivotal role of the packaging and plastics-rubber industries in protecting, transporting, and efficiently distributing goods.

He noted that, despite global economic fluctuations, these industries have demonstrated strong growth, signaling a sustainable and promising future. Collaboration and inter-industry support are key to fostering progress, contributing to environmental protection while delivering significant benefits to businesses and communities.

Mr. Tran Viet Anh, Chairman of the Vietnam Waste Recycling Association (VWRA), noted that the rubber industry plays a critical role in Vietnam's economy, with exports valued at $3.5 billion annually.

However, the rapid development of the plastics and rubber sectors has also brought pressing environmental challenges. Increased plastic consumption has led to rising levels of plastic waste and an urgent need for sustainable recycling practices. “This is the time for all parties to join hands to move towards a greener, circular, and more responsible industry,” Mr. Anh stated.

“The effective implementation of Extended Producer Responsibility (EPR) will help the rubber-plastics industry reduce environmental impacts while creating significant opportunities for the recycling sector to thrive,” he said.