(Photo: Vinamilk)
According to the Vietnam Chamber of Commerce and Industry (VCCI), 90% of Fast-Moving Consumer Goods (FMCG) enterprises in Vietnam have shifted toward the circular economy, including food and non-alcoholic beverage big brands such as Nestlé, Coca-Cola, and Vinamilk have joined this movement. However, the adoption of most enterprises is still in the early stages or at the intermediate level.
Nguyen Quang Vinh, Deputy Chairman of VCCI, has stated that the performance of circular economy applications in enterprises with foreign investments is considered better. This is more obvious for large enterprises that focus on the international market, as this market applies a higher environmental responsibility standard for suppliers.
