Many overseas companies have already shifted their manufacturing to Vietnam, others are considering moving in the near future. All are aware of the attractive push factors among these are cost of doing business, free trade agreements and tax incentives.
On 1 October 2019, DEEP C Industrial Zones and Dow recently completed the first asphalt road enhanced with recycled plastics at a DEEP C industrial zone in Haiphong, Vietnam. The project is a collaboration between Dow and DEEP C to provide innovative solutions to address plastics waste and advance a circular economy in Vietnam.
Over the last few years, Vietnam has shown it is taking industrial sustainability seriously by implementation of eco-industrial park initiatives. While many challenges remain, innovative technology could be the answer to shaping up a smart and green manufacturing ecosystem.
Last week, the Eurocham's FDI Excursion tour brought a delegation of more than 20 members to DEEP C Industrial Zones to explore where we are after 20-year journey in Vietnam and how we’re reaching new horizons to sustainable growth.
The Council of Ministers today approved the EU-Vietnam trade and investment agreements, paving the way for their signature and conclusion. EU Commissioner for Trade Cecilia Malmström and Romanian Minister for Business, Trade and Entrepreneurship Ștefan-Radu Oprea will sign the agreement on the EU’s behalf in Hanoi on Sunday 30 June.
The Vietnamese government has been actively teaming up with the business community to reduce plastic waste by implementing different models of the circular economy, with an aim towards achieving sustainable development.
On May 11, 2019, City of Kitakyushu and DEEP C Industrial Zones (DEEP C) signed a memorandum of understanding on Business Investment in the presence of leaders from Haiphong People’s Committee, Haiphong Economic Zone Authority (HEZA), Haiphong Department of Foreign Affairs, Haiphong Department of Industry and Trade.
With the growing demand for manufacturing and storage facilities which has become more specific and sophisticated, DEEP C continues to expand its ready-built workshop/warehouse project in DEEP C Haiphong I Industrial Zone.
Dow and DEEP C signed a Memorandum of Understanding (MoU) to build the first road using recycled plastics at the DEEP C Industrial Complex in Haiphong City in Vietnam.