Vietnam recycling fees to take effect in 2024

Going green: A worker sweeps trash inside a packaging factory in Ho Chi Minh City. According to the Vietnam Plastics Association, Vietnamese enterprises would save roughly 15% of their costs if they recycle between 35% and 50% of their plastic waste. — AFP

HANOI: The Natural Resources and Environment Ministry is developing a legal document to specify fees for recycling products and packages, which is expected to be applicable in 2024.

Under the Law on Environment 2020 and the governmental Decree No. 8, the recycling of products and packages will be mandatory for those who import or produce batteries, tyres, lubricants and packaging as of Jan 1, 2024.