Vietnam to Revolutionize Waste Management with South Korea-Inspired Circular Economy Plan
Vietnam is poised to transform its waste management system, drawing inspiration from South Korea's successful shift towards a circular economy. The new approach aims to convert waste into resources, reduce treatment costs, and generate economic opportunities.
The plan involves creating a comprehensive criteria framework based on five main groups: policy and law, engineering and technology, finance and investment, education and behavior change, and monitoring and evaluation. This framework will help Vietnam move away from overcrowded landfills, which often cause social conflicts.
Key aspects include encouraging waste sorting at the household level through clear source classification and collection criteria, and applying circular economy principles. An online platform will connect households to treatment plants and provide real-time waste data updates, ensuring the system's transparency and effectiveness.
Vietnam also plans to implement a 'paid rubbish bag' system, reinvesting revenues into the recycling industry and infrastructure development. This, along with an economic and policy framework focusing on direct incentives and the 'polluter pays' principle, will support the transition.
To reduce waste at the source, a framework for source reduction and circular design is proposed, with clear standards for packaging and product design. A circular economic framework for recycling, recovery, and treatment will create the highest value from waste, with state support for the recycling industry and expansion of the secondary raw material market.
By learning from South Korea's experience and implementing these frameworks, Vietnam expects to revolutionize its waste management system, creating a more sustainable and efficient model that benefits both the environment and the economy.
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