On November 16, 2023, Vietnam Circular Economy Forum 2023: “Develop the National Action Plan on Circular Economy in Viet Nam (NAPCE)” was held in Hanoi by the Ministry of Natural Resources and Environment. VB4E is pleased to be one of the partners of the Forum.

The forum had the participation of Government Leaders, ministries/sectors, development partners, private sector and CSOs. The goal of the Forum is to discuss the roadmap for implementing circular economy in Vietnam to achieve the goals of the Nationally Determined Contribution (NDC).

Two members of VB4E, TH Group and INTRACO Company, participated in two thematic sessions presenting on (1) Implementing ESG in TH Group’s development strategy and (2) Carbon market potential in Vietnam: A case study in the energy sector.

Director of Sustainable Development of TH Group, Ms. Hoang Thi Thanh Thuy, shared her thought: “Applying ESG in development strategies and circular economy models – green economy as one of the components of sustainable development is the direction of TH Group since its establishment. Currently, with the Government strengthening legal frameworks towards environmental protection and green growth together with consumer trends which increasingly support environmentally friendly brands and products, TH is very happy to have more support and companionship on this difficult but inevitable path.”

At the third thematic session in Vietnam Circular Economy Forum 2023, Mr. Hoang Anh Dung – Director of INTRACO Vietnam, shared the experience of a leading carbon credit developer and provider in Vietnam through its project implemented to award energy-saving stoves, helping the company convert 4.5 million carbon credits annually. Currently, Intraco has agreed to provide free energy-saving stoves and water filtration equipment to poor households in villages across Vietnam. Up to now, the first kitchen project successfully implemented in Vietnam has achieved an impressive number which is about 850,000 energy-saving stoves and 364,000 water filtration devices have been delivered to people.

In addition, VB4E also displayed CE model products from VB4E members and partners such as Keep Viet Nam Clean, VSF, Lagom, DHI, CRES in the CE exhibition.