Jul 18, 2024
Vietnam's PET recycling market is poised for rapid growth, driven by strong PET consumption, supportive regulations, and abundant feedstock. Solid waste management in Vietnam has seen a shift towards private sector involvement. Traditionally, municipal solid waste (MSW) was handled by State-owned enterprises (SOEs). However, industrial (ISW) and hazardous waste (HSW) have primarily been managed by domestic and foreign entities due to their higher tipping fees and lower collection costs.