Policies needed to encourage e-commerce to embrace circular economy
Shippers are delivering parcels. By 2030, plastic wastes in e-commerce is predicted to amount to 800,000 tonnes. — Photo baotainguyenmoitruong.vn |
HÀ NỘI — Việt Nam needs to develop solutions to encourage fast-paced e-commerce to embrace circular economy and reduce the dumping of plastic wastes towards protecting the environment.
A recent report on plastic wastes from e-commerce by Việt Nam E-Commerce Association pointed out that e-commerce is growing rapidly with an average annual growth rate of more than 25 per cent, resulting in an increase in the use of plastic packaging which are negatively affecting the environment.
The online retailing market of Việt Nam was estimated at US$17.3 billion and online food delivery market at $1.4 billion.
The report estimated at around 332,000 tonnes of packaging were consumed in e-commerce in 2023, of which 171,000 tonnes were plastic. By 2030, plastic wastes in e-commerce is predicted to amount to 800,000 tonnes.
Carton boxes and plastic bags are poplar packaging used by sellers to pack orders on e-commerce platforms.
Especially, around 90 per cent of merchants in the clothing, fashion, and accessories industry use plastic packaging. Foam and air-bubble nylon foam are used in 30 per cent and 35 per cent of parcels. Most orders are packed with plastic tape.
Plastic bags are popularly used in online business, from e-commerce platforms, websites or social media platforms.
Nguyễn Thanh Hưng, a representative of Việt Nam E-Commerce Association, pointed out three reasons for sellers preferring plastic packaging to carton boxes.
First, plastic packaging is cheaper and has lower shipping fees thanks to its light weight. Products are often overpacked to reduce possible damage during transportation. In addition, Việt Nam has not had any regulations on environment protection standards of packaging in e-commerce. The rate of recycling of packaging in e-commerce is very modest.
According to Nguyễn Hữu Tuấn from Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade, to encourage e-commerce to embrace circular economy, it is necessary to have the participation of the State management agencies, consumers, e-commerce businesses and logistics together with enhancing communication to raise awareness.
Tuấn said the focus should be on developing policies to recognize green e-commerce business and sustainable e-commerce model together with developing standards for packaging towards prioritizing the use of recycled materials.
There should be policies to encourage sellers to apply environmentally friendly solutions in their business.
See also
Recent hike in domestic airfare in compliance with regulations aviation authorities
07:00 | 14/05/2024 Economy
VN ranks second in the world in cryptocurrency ownership rankings
06:00 | 14/05/2024 Economy
Hà Nội to implement cashless payment for administrative procedures starting June 1
07:00 | 13/05/2024 Economy
VN develops a contingent of competent entrepreneurs
10:00 | 12/05/2024 Economy
Key economic pillars show positive growth
08:00 | 12/05/2024 Economy
US puts brakes on investigation into steel rolls imported from Việt Nam
11:00 | 10/05/2024 Economy
See more news
Quảng Ninh maintains first place at 2023 PCI and PGI
07:00 | 10/05/2024 Economy
Vietnam’s economy to grow 5.5 percent in 2024: WB’s report
06:00 | 10/05/2024 Economy
VN adds over 110,000 new securities accounts in April, bringing total to 7.7 million
08:00 | 09/05/2024 Economy
Heat of price war shows no sign of cooling down
06:00 | 09/05/2024 Economy
Merger of two railways to be completed by the end of this year
11:00 | 08/05/2024 Economy
Retail sales, services revenue up 8.5 per cent in four months
06:00 | 08/05/2024 Economy
60 Vietnamese solar companies investigated for anti-dumping in US
06:00 | 08/05/2024 Economy
Central beach city to lure investment from potential partners
06:00 | 07/05/2024 Economy
Banks strengthen information security systems
06:00 | 06/05/2024 Economy
Agro-forestry-aquatic product exports post trade surplus of US$4.74 billion in four months
06:00 | 05/05/2024 Economy
Vietnam should not miss opportunities to attract FDI
08:00 | 14/05/2024 FDI
Việt Nam's wood industry strives to match sustainable wood demands
07:00 | 14/05/2024 Industry
Recent hike in domestic airfare in compliance with regulations aviation authorities
07:00 | 14/05/2024 Economy
Việt Nam’s largest high-speed ship service from HCM City to Côn Đảo launched
07:00 | 14/05/2024 Society
VN ranks second in the world in cryptocurrency ownership rankings
06:00 | 14/05/2024 Economy
Multimedia
The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status
16:49 | 13/05/2024 Lifestyle
HCM City: top spot in Việt Nam for slow travel lovers
09:00 | 13/05/2024 Tourism
The Anam Cam Ranh named among Vietnam’s best family hotels
06:00 | 11/05/2024 Vietnamese Brands
Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List
07:00 | 11/05/2024 Lifestyle
The hidden cafes of Hà Nội
06:00 | 11/05/2024 Tourism
Law on Telecommunications hoped to promote development of new telecoms services
06:00 | 13/05/2024 Policy
2024 Land Law to draw real estate investment, increase social housing supply
06:00 | 11/05/2024 Policy
Việt Nam welcomes US' reviews of Việt Nam market economy status
09:34 | 10/05/2024 Policy
New law on industrial parks proposed to lure in high quality investment capital flow
06:00 | 09/05/2024 Policy
Việt Nam's wood industry strives to match sustainable wood demands
07:00 | 14/05/2024 Industry
Mechanical supporting industry needs long-term solutions
06:00 | 14/05/2024 Support industries
More support for domestic automobile industry
08:09 | 13/05/2024 Support industries
Germany helps Việt Nam to decarbonise steel industry
06:00 | 12/05/2024 Industry
Vietnam should not miss opportunities to attract FDI
08:00 | 14/05/2024 FDI
New wave of Chinese investment
06:00 | 12/05/2024 FDI
Vietnam attractive destination for Dubai enterprises: Forum
09:04 | 11/05/2024 FDI
Vietnam ready to embrace green investment
06:00 | 11/05/2024 Investment
Biometric verification ensures safer money transfers
17:23 | 13/05/2024 Finance-Banking
State Treasury raises over 890 million USD worth of G-bonds in April
07:10 | 11/05/2024 Finance-Banking
Tax sector sees 10.7% rise in State budget revenue in four months
06:00 | 09/05/2024 Finance-Banking
MoF refuses to cut import tax for some materials of animal feed production
09:36 | 07/05/2024 Finance-Banking
HCM City boosts efforts to manage canal pollution
06:00 | 13/05/2024 Environment
Finland-funded climate change adaptation projects reviewed
06:00 | 12/05/2024 Environment
Hà Nội’s wastewater project to undergo trial operation
06:00 | 11/05/2024 Environment
PM orders intensified carbon credit supervision
06:00 | 09/05/2024 Environment
Full cyber stream ahead Bắc Giang focuses on digital society development
06:00 | 11/05/2024 Science - Technology
35 localities piloting four-wheel EVs for tourists, despite no official legal regulations
07:00 | 09/05/2024 Science - Technology
2024 VinFuture Prize records 1,469 nominations
06:00 | 07/05/2024 Science - Technology
HCM City: Centre for Fourth Industrial Revolution to debut in September
06:00 | 05/05/2024 Science - Technology
Việt Nam’s largest high-speed ship service from HCM City to Côn Đảo launched
07:00 | 14/05/2024 Society
Central Highlands to become renewable energy hub
08:58 | 13/05/2024 Society
Hà Nội needs more than $55 billlion for urban railway network
06:00 | 11/05/2024 Metropolis
Major measures to develop Southeastern region
08:57 | 10/05/2024 Society
Largest made-in-Vietnam bulk carrier launched
17:07 | 13/05/2024 Vietnamese Brands
The Anam Cam Ranh named among Vietnam’s best family hotels
06:00 | 11/05/2024 Vietnamese Brands
Kim Sơn sedge weaving named as intangible cultural heritage
06:00 | 09/05/2024 Vietnamese Brands
Habeco, northern beer Industry icon, reports largest quarterly loss in four years
06:00 | 07/05/2024 Vietnamese Brands
The Hải Phòng Red Flamboyant Festival celebrated the city's special UNESCO status
16:49 | 13/05/2024 Lifestyle
Nguyễn Dynasty Urns in Huế make it to the UNESCO Memory of the World List
07:00 | 11/05/2024 Lifestyle
European Literary Days focuses on gender
06:00 | 09/05/2024 Lifestyle
“The Road to Dien Bien Phu” full of emotion
14:59 | 07/05/2024 Lifestyle
Mysterious 'floating' lake discovered in Quảng Bình
16:54 | 13/05/2024 Tourism
HCM City: top spot in Việt Nam for slow travel lovers
09:00 | 13/05/2024 Tourism
The hidden cafes of Hà Nội
06:00 | 11/05/2024 Tourism
Vietnamese Ethnic Culture and Tourism Village hosts numerous activities in May
07:00 | 09/05/2024 Tourism