Green exports: The inevitable trend of global trade

Green export with the purpose of greening products will help customers in foreign markets have more sympathy for the products of businesses.

Many of Vietnam’s important import markets have set stricter environmental regulations for imported goods, implementing high tax rates on products with large carbon emissions.

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Vietnam has issued guidelines and policies to encourage the development of a green, circular, and environmentally friendly economy. Many industries and businesses have proactively grasped trends and made strong changes in the production chain to meet standards for green production, green export, and sustainability, contributing to improving competitiveness. competition and position of Vietnamese export goods in the international market.

Textile and garment is an industry with a green development ratio in production of over 50%; The goal is to reach over 70% by 2023. Businesses have invested in infrastructure, environment, renewable energy… related to water supply, wastewater and water treatment. Most enterprises in the garment, yarn, weaving and dyeing industries have achieved the standards in Vietnam’s Environmental Law.

To export long-term to the European market (EU), textile and garment enterprises need to develop specific goals and business strategies that take into account carbon emission reduction. Accordingly, it is necessary to increase the use of materials originating from nature, recycled materials, and design products in a circular direction; promote the application of modern technology; Focus on building a management apparatus, monitoring and complying with regulations on reducing greenhouse gas emissions.

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In fact, applying modern technology to the production chain without using toxic chemicals, implementing energy saving programs and reducing industrial emissions has helped textile and garment enterprises create sustainable products. Consumer friendly and environmental protection. In addition, the business also focuses on producing products from organic and recycled materials to meet the needs and tastes of consumers in the green economy and circular economy trends.

According to Thời báo Ngân hàng.

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