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BUSINESS REPORT

Price to pay I use packaging crafted from recycled
n developing eco-friendly logistics, enter-
prises in the sector have been urged to

materials or others that readily decompose
in natural settings. This and other moves
Many packaging companies are willing to aim to cultivate an environmentally-conscious
play their part in recycling efforts but cost business environment and foster sustainable
manufacturing practices.
and practicality are pressing concerns.
Vietnam has set forth an ambitious
By PHUONG THAO objective of embracing 100 per cent envi-
ronmentally-friendly packaging by 2025,
a goal that holds promise through coop-
erative efforts between government bod-
ies, businesses, and communities.
However, businesses face the ever-
present challenge of balancing cost and
output in increasing the presence of prod-
ucts with recycled packaging on shelves.
Green products often face pricing barriers,
and are typically 10-30 per cent more
expensive than conventional counterparts.

Inexorable
trend
Mr. Ly Hoang Hai, General Director
of the Eurofins Sac Ky Hai Dang Co.,
Ltd., a member of the Eurofins Scientific
Group, believes that products consumed
in domestic and export markets face
scrutiny not only in regard to quality but
also in aesthetics, safe packaging, and
adherence to Vietnamese and global stan-

30 Vietnam Economic Times May 27, 2024 en.vneconomy.vn