The government has approved a national program to develop Vietnam’s environmental industry through 2030, aiming to make it a pillar of the green transition, circular economy, and climate change response.
The Prime Minister has issued Decision 1894/QD-TTg, approving the national program for the development of Vietnam's environmental industry for the 2025-2030 period. The program affirms that developing the environmental industry is a key component of the nation's overall socioeconomic development strategy. Priority will be given to the industry through incentive policies and support in accordance with the law. Its growth will be based on maximizing available resources and aligning with national industrial development policies.
The program aims to modernize domestic environmental industry enterprises, making them competitive enough to participate in environmental protection activities at national, regional, and international levels. The private sector is identified as the central force and will receive strong support through favorable policies, green credit, and access to technology and markets, with an emphasis on fostering powerful private corporations in environmental technology.
Developing the environmental industry into an independent economic sector. Development will be driven by innovation, modern technology, and digital transformation, linked to expanding the market for environmental goods and services. A priority is to build a database and digital solutions for the manufacturing of environmental equipment and products.
Vietnam aims to establish the environmental industry as an independent economic sector with a significant contribution to the national economy. Specific targets include:
Wastewater Treatment: Develop technology and equipment to meet 70%-80% of domestic demand and for export.
Emissions Treatment: Develop technology and equipment to meet 60%-70% of domestic demand.
Solid and Hazardous Waste Treatment: Develop technology and equipment to meet 50%-60% of collection and transport needs and 60%-70% of sorting and recycling needs.
Environmental Monitoring Equipment: Develop devices to meet 20% of domestic demand.
To achieve these goals, Decision 1894/QD-TTg outlines several key tasks. The government will refine policies and institutions, including developing and publishing standards for environmental industry goods that align with domestic and international technical regulations. Tax policies will be amended to favor environmental goods and promote technology transfer. Harmonized System (HS) codes will also be issued for environmental goods.
The state will enact policies to encourage investment in recycling-focused industrial parks and clusters to serve as a foundation for the industry's growth. Support will be provided to businesses engaged in technology transfer, patent acquisition, and software purchases to develop environmental technologies.
A major focus will be on developing the market for environmental industry goods. To create this market, the government will stimulate demand through procurement orders and direct contracting for domestic enterprises.
Mechanisms will be established to support small and medium-sized enterprises, coupled with a network of environmental industry incubators in industrial parks, high-tech zones, and key training institutions. These incubators will play a crucial role in market formation, especially in the early stages of the innovation chain.
Priority will be given to eco-labeling activities for environmental industry products to promote a sustainable market. Trade promotion and investment attraction activities for the sector will also be organized.
The Vietnamese government views science, technology, innovation, and digital transformation as key solutions. The country will focus on researching and developing waste treatment technologies, particularly from renewable energy industries, based on the principles of reduction, recovery, reuse, and recycling to minimize waste and utilize discarded materials as raw inputs for other economic sectors.