1. Overview of the 2026 Plastics Market Context As we move through 2026, the global and Vietnamese plastics industries are no longer operating under the traditional linear “Take-Make-Dispose” model. The strict enforcement of the Global Plastics Treaty and the Carbon Border Adjustment Mechanism (CBAM) has transformed plastic from a cheap commodity into a product heavily…
Category Archives: Recycling News
News, Recycling News
H&M Subsidiary Plans $1 Billion Investment in Fabric Recycling Complex in Binh Dinh
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Syre Group plans to invest $1 billion to build a fabric recycling complex in Binh Dinh, aiming to make Vietnam the first global hub for circular, high-tech textile and garment production. During a meeting with Prime Minister Pham Minh Chinh on April 23, Ms. Susanna Campbell, Chairwoman of Sweden’s Syre Group, stated that the group…
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Decision 1894/QD-TTg (September 4, 2025) — Approving the Vietnamese Environmental Industry (EI) Development Program for the 2025–2030 period. Decision 1894/QD-TTg marks an important milestone in transitioning Vietnam’s recycling and environmental treatment sector towards industrialization, standardization, and clear incentive policies (forming recycling zones/clusters, issuing HS codes, setting domestic supply rate targets, and supporting technology transfer). However,…