Việt Nam News

Soaring raw material prices coupled with delays in shipping due to the COVID-19 pandemic significantly pushed up steel prices recently, according to the Ministry of Industry and Trade.

Limitations in environmental protection at industrial zones and medical waste treatment at hospitals as well as shortcomings in imported-scrap management in the 2016-2018 period have been highlighted after the State Audit of Việt Nam (SAV) conducted recent environmental audits.

Việt Nam had a trade deficit of more than US$1 billion with Australia last year, one year after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) came into effect.

Treating waste is not an easy task in Việt Nam. A start-up has chosen for itself the tough job of connecting various parties for treating waste. Việt Nam News speaks with Hải Bình, founder of Revival Waste, to ask him how his company works and about his ideas for treating waste.

More than 3,800 plastic waste containers have piled up for more than 90 days at Việt Nam’s three major ports of Hải Phòng, Vũng Tàu and HCM City’s Cát Lái, according to the latest report by Việt Nam Customs.

The number of waste containers sitting abandoned at Vietnamese ports had fallen sharply this year, according to a report released on Monday by the General Department of Customs.

The amount of scrap imported into Việt Nam is likely to rise considerably, the Ministry of Finance has warned.

 Only 350 of over 3,000 scrap containers stuck at Cát Lái Port in HCM City had been opened and handled so far this year, said Nguyễn Hữu Nghiệp, deputy head of the city’s Customs Agency.

Mexico and Canada will be promising markets for Việt Nam’s wood and furniture products when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in early 2019, according to the Ministry of Industry and Trade.