Ho Chi Minh City, July 24, 2019 – Sustainability has become a key development priority in Vietnam to ensure the country’s long-term socio-economic success as well as enhance national competitiveness. The Vietnam Government has demonstrated solid commitment to sustainable development and the United Nations’ Sustainable Development Goals (UN SDGs) by taking concrete actions to follow the 2030 National Agenda for Sustainable Development.
Understanding the vital role of the business community in implementing the Government’s 2030 Agenda for Sustainable Development, the Vietnam Chamber of Commerce and Industry (VCCI) – Vietnam Business Council for Sustainable Development (VBCSD) together with the Ministry of Natural Resources and Environment (MONRE) organized a workshop titled “Circular Economy plays an efficient role in supporting intersectional growth”. The workshop took place today in Ho Chi Minh City with the participation of the leadership of Institute of Strategy and Policy on Natural Resources and Environment – MONRE, VCCI – VBCSD and over 60 businesses.
The workshop centered around the concept of circular economy and how to apply this model into business operations. While a traditional linear economy allows manufacturers to take natural resources to make products and services, then production and consumption waste simply ends up in landfill or natural systems such as the ocean; a circular economy is a sustainable alternative to this model. In a circular economy, manufacturers keep resources in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of each service life. Applying circular economy practices helps to minimize waste, drive greater resource productivity, address resource security/scarcity issues and supports a more competitive economy for Vietnam.
According to Accenture Strategy research, a circular economy can unlock up to USD 4.5 trillion of value and millions of jobs in the global economy by 2030.
“While the idea of circular economy has started to become popular in Vietnam, its practical application is still very limited, especially for small and medium enterprises,” said Mr. Nguyen Quang Vinh, Secretary General of VCCI & Vice Chairman cum Secretary General of VBCSD, “I hope that the workshop today will help the business community in Vietnam understand the vital role of circular economy and encourage them to apply this model to their operations. Best practices of other businesses such as the ones shared today by HEINEKEN Vietnam can be good examples for those who are still wondering where and how they should get started to be circular.”
At the workshop, HEINEKEN Vietnam – the Most Sustainable Company in Vietnam (in manufacturing sector) in 2017 and 2018 – shared their circular economy practices and how the company not only reduces but also seeks to create value from waste to benefit society and the environment. This includes:
HEINEKEN Vietnam shared a prime example of how a circular economy approach can create value for the society and environment while at the same time supporting business growth. In 2018, HEINEKEN Vietnam pioneered a program to recycle over one ton of Tiger Beer bottle caps and to use those caps to create the iron to build a new bridge for the community in the Tien Giang province. This program not only helps to encourage recycling and reducing waste, but also provides vital infrastructure for the community and is beneficial to Tiger Beer, one of the leading beers in Vietnam.
Following the success of the project in Tien Giang, this campaign has been expanded across Vietnam with another bridge being completed in An Giang province this September and Ho Chi Minh City at the beginning of 2020.
“We hope that our best practices will show other businesses how circular economy principles can be applied to any business with an innovation mindset. Moreover, our own experience has proved that a circular economy model is not only a great way to optimize our operations but also to enhance our competitiveness,” said Mr. Matt Wilson, Corporate Affairs Director, HEINEKEN Vietnam.
In 2018, HEINEKEN Vietnam proactively promoted the circular economy approach amongst the business community in Vietnam by holding circular economy workshops for 20 VBCSD members and providing sustainability workshops for 100 of its suppliers.
----------------------------------------------------------About VCCI – VBCSD
VBCSD was approved for establishment by the Government at the Official Letter No.6334/VPCP-KGVX dated 8th September 2010 and was officially launched on 17th December 2010 as a business-led organization with the mandate to promote the active role and strong advocate of business community on the implementation of the Strategic Orientations for Sustainable Development in Vietnam, to facilitate the sharing of experience and good practices, and to strengthen the close coordination and dialogue among business community, the Government and civil organizations for sustainable development. VBCSD is a partner in the global network of World Business Council for Sustainable Development (WBCSD). For more information, please visit vbcsd.vn or follow @VBC4SD on Facebook.
----------------------------------------------------------About HEINEKEN Vietnam
HEINEKEN Vietnam is a subsidiary of HEINEKEN, the world’s most international brewer. Originated in the Netherlands, this family-owned business with a history of over 150 years brews and distributes over 300 beer & cider brands in more than 190 countries.
HEINEKEN Vietnam was established in 1991 and operates six breweries in Hanoi, Da Nang, Quang Nam, Ho Chi Minh City, Vung Tau, Tien Giang and nine sales offices across Vietnam.
From humble beginnings with only 20 employees in Vietnam, HEINEKEN Vietnam is now the second largest brewer in Vietnam with more than 3,500 employees. HEINEKEN Vietnam makes a significant annual economic contribution to Vietnam, amounting to approximately 0.9% of the nation’s total GDP.
In Vietnam, HEINEKEN produces and distributes Heineken, Tiger, Amstel, Larue, BIVINA, Sol, Desperados, Affligem and Strongbow cider.
In 2017 and 2018, HEINEKEN Vietnam was recognized as the most sustainable company in Vietnam by the Vietnam Chamber of Commerce and Industry (VCCI) and as a best place to work in Asia by HR Asia Magazine, one of Asia’s leading publications for HR professionals.
More information about HEINEKEN Vietnam is available on HEINEKEN Vietnam’s website: http://heineken-vietnam.com.vn/
----------------------------------------------------------For more information, please contact:
Ms. Nguyen Van Anh Head of Communications Heineken Vietnam Brewery Limited CompanyTelephone: +84 28 3822 2755Email: NguyenVan.Anh@heineken.com