Foreign investors interested in waste treatment in HCM City
Several Finnish businesses have expressed their desire to work with Vietnam Waste Solutions Co., Ltd. (VWS) in converting waste into renewable energy during their recent trip to VWS’s Ho Chi Minh City-based Da Phuoc waste treatment complex.
Representatives of the Finnish businesses (Source: VNA)
Hanoi (VNA) – Several Finnish businesseshave expressed their desire to work with Vietnam Waste Solutions Co., Ltd.(VWS) in converting waste into renewable energy during their recent trip to VWS’sHo Chi Minh City-based Da Phuoc waste treatment complex.
Petri Peltonen, Finnish Deputy Minister of Economic Affairs and Employment,said he believes that collaboration will help produce more solutions to treatwaste and create renewable energy, meeting sustainable development requirements.
He noted that as a big and populous city, HCM City needs more cutting-edgetechnologies to facilitate waste treatment and renewable energy creation.
The Finnish firms were interested in advanced technologies used in the complex,which handles up to 5,000 tonnes of waste a day.
Kevin Moore, VWS Managing Director, said the companyplans to treat unsorted waste that contains impurities in order to collectorganic waste. This waste will be processed at an incineration plant with anoutput of 1,000-1,500 tonnes per day. Only the leftover after incineration(about 5 percent of the mixed waste) will be buried in landfills.
VWS will build transfer stations thatlink the Da Phuoc waste treatment complex in the city with the Green TechnologyPark, also invested by the company in the southern province of Long An, using bargesthat form a closed system. The project is scheduled to be completed by 2020.
Recently, 42 experts from the Korea Association of Waste to EnergyTechnology (KAWET) also visited the Da Phuoc wastetreatment complex.
Yongseung Yun, KAWET President, said the visit will serve as a basis for themto study, evaluate and plan for investment in the environmental sector inVietnam, especially in waste treatment.-VNA
The People’s Committee of Ho Chi Minh City has submitted a solid-waste treatment plan to 2025 to the Ministry of Construction, which will seek approval from the Government.
Owners of landfills in the city will have to open them for periodical monitoring by people, said Le Van Khoa, Vice Chairman of HCM City’s People’s Committee.
The Korean Institute of Industrial Technology (KITECH) wants to study cooperation opportunities in the Mekong Delta city of Can Tho to build waste treatment plants.
Finnish companies will continue to invest in the development of Southeast Asia, including Vietnam, particularly in the conversion of waste to power, according to Finpro, the national trade promotion office of Finland.
Vietnamese import-export firm NewTech and Singapore’s Wah Lee Tech have signed a Letter of Intent (LoI) on the construction of a medical waste treatment plant in Vietnam.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.