Vietnam promotes circular economy in waste recycling
Many businesses in Vietnam have developed circular economy models, focusing on waste-to-energy and producing building materials from the ash and slag of thermal power plants.
Regarding difficulty in the development of a circular economy, experts said Vietnam is confronted with many challenges relating to institutional capacity and infrastructure. While thermal power plants release large amounts of ash and slag, non-fired brick plants face difficulties in purchasing these materials in the long-term, they noted.
Shortcomings in waste collection, transportation, and processing make it difficult to gather materials for waste-to-energy. Securing investment in advanced technology is also a challenge.
