Vietnam’s Trade Ministry Proposes Green E-Commerce Law

Vietnam’s Trade Ministry Proposes Green E-Commerce Law

HANOI, Feb 13 (NNN-VNA) – The Ministry of Industry and Trade (MoIT), has proposed a new green e-commerce law, to encourage businesses to apply green technology and increase consumer awareness of sustainable consumption, it was reported yesterday.

The proposal was made, given the context that the rapid development of Vietnam’s e-commerce industry has caused many environmental problems, especially waste from packaging, order fulfillment and online food deliveries, according to Vietnam E-commerce Association (VECOM).

VECOM predicted that the amount of plastic waste from Vietnam’s e-commerce activities might be up to 800,000 tonnes in 2030.

The ministry proposes that, businesses need to invest more in technology and innovate business processes, to meet new standards, especially regarding green e-commerce.

For people, product prices may increase due to the cost of applying environmental standards and improving infrastructure.

The ministry believes that the policy on developing e-commerce in a green and sustainable direction will achieve the best economic benefits and social impacts.– NNN-VNA

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