Vietnam and South Korea cooperate for a resource recycling industrial park project.

Vietnam's Ministry of Agriculture and Environment and South Korea's Ministry of Environment are jointly accelerating progress on a resource recycling industrial park project.

This information was revealed during a meeting between Deputy Minister of Agriculture and Environment Le Cong Thanh and Mr. Kim Young Ki, Acting President of the Korea Environmental Industry & Technology Institute (KEITI), on March 5.

Deputy Minister Thanh expressed sincere gratitude to the Korean government and KEITI for supporting the Ministry of Agriculture and Environment in developing and implementing environmental protection policies and projects, notably the Extended Producer Responsibility (EPR) regulations. To implement EPR, promote the circular economy, and recycling activities, Vietnam greatly needs to learn from the experiences of countries like South Korea.

During the meeting, Mr. Kim stated that Korea has been implementing EPR for a long time and is ready to share its experience with Vietnam to shape a circular economy in waste management.

Previously, in July 2024, the Vietnamese Ministry of Natural Resources and Environment (now the Ministry of Agriculture and Environment) and the Korean Ministry of Environment signed a memorandum of understanding on cooperation in establishing a Resource Recycling Industrial Park project.

The goal is to build a resource recycling industrial park in Vietnam to promote the recycling industry and the circular economy through investment activities, technology exchange, promotion of the use of renewable energy, and improvement of the welfare of workers involved in the recycling industry, aiming for sustainable development and contributing to the achievement of environmental goals.

"To quickly implement this project, Korea has sent EPR experts to coordinate with provinces and cities to conduct surveys before the two ministries carry out specific activities," said Mr. Kim.