150 participants join seminar about circular agriculture

150 participants join seminar about circular agriculture

The co-organisers were SNV Vietnam, the Australian Embassy, and the Institute of Strategy, Policies of Natural Resources and Environment under the Ministry of Natural Resource and Environment. The event was a forum for businesses to share their experiences with livestock farms, and also an opportunity to expand domestic and international markets.

Representatives of ministries, agencies, international organisations, and livestock companies discussed the status of livestock development and the potential of biogas development in Vietnam, the environmental pollution control policy framework in Vietnam, and the implications to livestock wastes/sectors, advantage and difficulties of commercial farms in implementing environmental policy and regulars.

In addition, the other subjects shared at the conference were the waste management model for Circular Agriculture in pig commercial farms, suitable livestock wastewater treatment technology for farms, and bio-fertiliser based on the pig manure model for commercial farms.

Phung Duc Tien, Deputy Minister of Agriculture and Rural Development said, “In the Livestock Development Strategy for the period 2022 - 2030, with a vision to 2045, developing the livestock industry and livestock waste treatment is one of five priority projects.”

“Localities need to focus on implementing new directions for livestock development towards a circular economy to ensure effective livestock development, at which we need to focus on reusing livestock waste, resolving environmental pollution, reducing greenhouse gas emissions, converting green energy. These changes will contribute to the formation of low-emission agriculture to achieve the government's net-zero goal by 2050.”

Nguyen Thi Quynh Huong, senior advisor at SNV Vietnam introduced the bio-energy for circular agriculture initiative.

“The initiative combines a series of activities, such as setting up QA/QC and verification system, installation of B-generators at farms, awareness raising seminar and capacity building and establishment of carbon credit trading market for farm livestock sub-sector,” Huong said.

“The outcomes of the initiative will help to create employment, save from electricity generation, improve livelihoods of the local people, reduce fossil fuel-based electricity demand in farms and reduce reliance on energy-intensive extraction of mineral fertilisers.”

The project targets reducing CO₂, NO₂, and CH₄ emissions by displacing electricity generation from the grid or fossil fuel as well as avoidance of CH₄ emissions from livestock manure.

150 participants join conference om circular agriculture

On the sideline of the seminar, there was an exhibition with the participation of 14 small- and medium-sized enterprises providing biogas generator services, equipment and products for wastewater treatment, and organic fertilisers, in collaboration with renewable energy solutions.

State bank's new circular facilitates lending to real estate projects The State Bank of Vietnam (SBV) and the banking system always create favourable conditions to support real estate businesses and the property market to develop strongly and sustainably, said Pham Chi Quang, Director of the SBV’s Monetary Policy Department.

New circular facilitates loan access: central bank The State Bank of Vietnam (SBV) has said its new circular has enabled clients to better access credit loans, thus ensuring a fresh supply of capital for production and business.

Robust strategy can aid circular economy Vietnam’s ambition to build a circular economy will be backed by a national action plan, with specific criteria for businesses to join and apply related solutions.

Businesses becoming active in the circular economy From tech innovations to EU regulation, there are lots to think about when it comes to the circular economy. On the sidelines of the Ho Chi Minh City Economic Forum organised from September 13-17, Melissa MacEwen, sustainability and circular economy director for PwC in Asia-Pacific, gave VIR’s Bich Ngoc her assessment of the circular economy and its implications for Vietnam.

Businesses ready for challenges on circular economy transformation The circular economy is a strong development trend in countries around the world, including Vietnam, entailing myriad benefits for the environment, economy, and society. Experts, however, assume that besides favourable factors, the transition to a circular economy faces multiple challenges.