Vietnam’s demand for investment in environment remains huge
Vietnam needs more preferential policies to attract foreign investors in the environment as the country’s demand for investment in the field is huge, but the capacity of domestic businesses remains limited, heard a seminar in Ho Chi Minh City on May 9.
A waste treatment system in Ho Chi Minh City (Source: VNA)
HCM City (VNA) – Vietnam needs more preferential policies to attractforeign investors in the environment as the country’s demand for investment inthe field is huge, but the capacity of domestic businesses remains limited,heard a seminar in Ho Chi Minh City on May 9.
Nguyen Viet Thang, deputy head of theVietnam Environment Administration’s Department of Science Technology andInternational Cooperation, said that Vietnam needs 93 trillion VND (4.07billion USD) to produce environmental equipment by 2020, and the figure willrise to 222 trillion VND (9.7 billion USD) by 2030.
Among 357 Vietnamese firms operating in thisfield, 22 percent want to invest in environmentally friendly technology.
However, the environmental industry has met onlyabout 3 percent of demand for urban waste water treatment, 15 percent of demandfor solid waste treatment and 14 percent for hazardous waste, Thang noted.
Director of the Republic of Korea’s BusanEnvironmental Corporation Seo Hye Sook said the corporation will help Koreanenterprises if they want to invest in Vietnam in the environment.
She also invited Vietnamese businesses toattend an exhibition on environmental technologies to be held in Busan inSeptember to seek investment cooperation.
According to the Ministry of NaturalResources and Environment, the Vietnamese Government has issued manypreferential policies to boost the production of environmentally-friendlyproducts, and the application of environmentally-friendly technologies intransport infrastructure, energy, waste treatment and agriculture.
Vietnam also increased administrative finesto up to 2 billion VND (87,700 USD) per violation act to force enterprises toshift to environmentally-friendly production.
Specifically, investors in the field canenjoy preferential policies on tariff on import of equipment and productiontechnology, and reduction or exemption of corporation tax.-VNA
VNA
Related News
Politburo member Pham Minh Chinh, President of the Vietnam-Japan Friendship Parliamentarians’ Group, hosted a reception in Hanoi on May 4 for Japanese Deputy Minister of Environment Arata Takebe, who is also Deputy Secretary-General of the Japan-Vietnam Parliamentary Friendship Alliance.
A seminar discussing the application of nanotechnology in treating aquaculture waste took place in the Mekong Delta province of Ben Tre on May 7.
Domestic and foreign scientists along with over 600 students from universities in Hanoi gathered in Hanoi on May 8 for a dialogue on climate change adaptation.
Vietnam has set coping with this weather change a pressing task. A dialogue was held in Hanoi on May 8 where the youths learnt how to deal with impacts of climate change.
More tourists now choose national parks as their destinations, which is a positive signal but also exerts pressure on ecosystem and environment.
According to the Department of Forestry and Forest Protection, as of May 12, more than 1,350 communes and wards nationwide were under the highest forest fire warning of Level 5, while 294 others at Level 4.
To support conservation efforts, the national park has invested in a comprehensive system of breeding enclosures, quarantine areas, reproductive research facilities, wastewater treatment systems and surveillance cameras.
The climate resilience and sustainable infrastructure project in Lang Son consists of two main components, focusing on sustainable infrastructure and environmental improvement; and technical assistance and capacity building, with AFD experts expected to train project management officials and local agencies in disaster response and climate adaptation.
Beyond helping Hai Phong tackle environmental issues, Eco Hopia's primary objective is to transfer advanced technologies to Vietnam, enabling local partners to master them and contribute to the sustainable development of the country's agricultural sector.
The number and activity of tropical cyclones and depressions over the East Sea, internationally known as the South China Sea, and their direct impacts on mainland Vietnam are expected to be comparable to the multi-year average. The long-term average over the East Sea is 5.2 typhoons, with 1.9 making landfall.
Launched in 2021 with funding from the Norwegian people through WWF-Norway and WWF-Vietnam, the “Hue – Plastic Smart City in Central Vietnam” project aims to help Hue protect rivers, wetlands and coastal ecosystems from plastic pollution while building the city into a model plastic-reduced urban area in central Vietnam.
The Bac Lieu Forest Protection Unit under the provincial Forest Protection Sub-Department said that it had completed procedures to transfer and release the animal into its natural habitat.
Initiatives on biodiversity finance, carbon credits, public – private partnerships, nature-based tourism, and private sector investment are creating more opportunities to increase resources for ecosystem conservation and restoration, said an official.
Vietnam has established a network of 180 terrestrial and marine nature reserve covering more than 2.67 million hectares. These sites are being further strengthened to improve ecological connectivity, restore habitats and conserve endangered species. Forest cover remains stable at over 42%, contributing to water protection, climate adaptation and carbon absorption.
The animals included two masked palm civets, four stump-tailed macaques, and seven rhesus macaques. All belong to Group IIB under Circular No. 85/2025/TT-BNNMT issued by the Ministry of Agriculture and Environment on the management of endangered, precious and rare species, as well as the implementation of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).
The animal was identified as a clouded monitor (Varanus nebulosus), weighing approximately two kilograms and measuring around 70 centimetres in length. The species belongs to Group IB — a category of endangered and rare forest wildlife species given the highest level of protection in Vietnam, with all forms of commercial exploitation and use strictly prohibited.
The stump-tailed macaque, scientifically known as Macaca arctoides, is classified as a rare and endangered species under Group IIB in Vietnam’s regulations on endangered wildlife management.
Ho Chi Minh City aims to push urban green coverage above 1 sq.m per person by 2030, while stepping up greenhouse gas reduction initiatives on the way to Net Zero by 2050.
Designed to process 2,000 tonnes of waste per day and generate 45MW of electricity for the national grid, the project is the first high-tech waste-to-energy plant in southwestern Hanoi, where large-scale solid waste treatment facilities have long been lacking.
The figure includes losses of 6.7 billion VND in Cao Bang province and 3.5 billion VND in Dak Lak province, while Quang Ninh and Thanh Hoa provinces have yet to report estimated damages.
The three turtles, each weighing around 1.5 kilogrammes with shells measuring about 25 centimetres long and 20 centimetres wide, are green sea turtles. They were accidentally caught in fishing nets and found drifting at sea near Con Co waters on May 16 by fisherman Bui Dinh Thuy in Cua Viet commune during a fishing trip.
In the central province of Dak Lak, violent rainstorms with strong winds and lightning injured one person and damaged 27 houses, one of which collapsed entirely. Seven houses suffered severe damage and 13 had roofs ripped off in Ea Kar commune.
The Hanoi People’s Committee organised Green Transition Day 2026 on May 16 under the theme “Green Transition - A Driver for Vietnam’s New Growth Model.”
Amid the scorching dry season in the dipterocarp forests of Buon Don, mahouts from the Dak Lak centre for elephant conservation, wildlife rescue, and forest protection management trek alongside elephants in search of water and food, while tending to their health.
On average, the East Sea records about 11–13 storms and tropical depressions each year, with 5–6 making landfall. This year, fewer than 11 systems are forecast to form, with fewer than five expected to directly impact the mainland.