Top Recycling Companies in Vietnam

Vietnam's recycling industry has been growing rapidly over the past few years, driven by favorable government initiatives, increasing environmental awareness, and a growing economy. With a population of nearly 100 million people and a GDP growth rate of 6.5% in 2022, the country has become an attractive destination for recycling companies from around the world.

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CompanyHeadcountContactDescriptionDecision Maker
THANH PHU PLASTIC PACKAGING COMPANY21 +84 28 3756 0163
info@thanhphupack.com

Thanh Phu Plastic Packaging was established in 1992 with a staff of 20 members and is now a 600-member strong company with two state-of-the-art facilities located in Ho Chi Minh and Long An province, Vietnam. We are an integrated flexible packaging manufacturer with in-house extrusion, printing, lamination, slitting and bag-making capability. Since 2013, we have made a commitment to manufacturing fully recyclable packaging without sacrifice on performance and quality. Our vision towards zero waste is being realized by continuous investment on high-end recycling system for in-house PIR usage, rain water reclaim system, and the beginning of the solar generated power. In 2016, Veloflex™ by Thanh Phu was commercialized. It is a Certified fully recyclable mono-material PE film which performs favorably compared to traditional mixed material non-recyclable structures. All of the Veloflex™ structures, including our innovative registered matte coated varieties, are FDA compliant, Interseroh Cer…

BEWATER™4 +84 28 4458 1350
global.customer_service@bewatertoo.com

Our mission is to eliminate single-use plastic bottles by making water better. beWater™ is an eco-friendly, socially sustainable, and convenient to enjoy alternative to single plastic bottled water that is available today - not something that has to be developed, built, nor requires an investment to implement. A brand of Unlimited Beverage Inc.

GPS PLAS4 +84 774 833 230
contact@hrk-group.com

Since 2017 GPS PLAS factory in Ho Chi Minh City Vietnam is the pioneer in the development of biodegradable and compostable biopolymer resins. GPS PLAS factory has a unique vertical integration and expertise from raw material production to finished flexible film packaging. Today’s circular economy has two major trends: recycling material and biodegradable/compostable. Recycling is good to limit our use of resources, but today less than 5% of plastic packaging and single use items are recycled creating each year over 150 million tons of plastic waste that pollutes the environment and poison everything. GPS PLAS focuses on developing real alternatives that will return safely to the environment in a short period of time. GPS PLAS team is committed to its mission to limit plastic waste and will support all projects as much as possible with raw materials technology or finished products to guarantee the right solution is available.

EVOLVE MOBILITY9 +84 28 7300 2476
info@evolvemobilityintl.com

Evolve Mobility is the newest, freshest start-up in Vietnam aimed at disrupting a very traditional industry. Started by entrepreneurs with a combined total of 30 years industry experience and additional experience in the fin-tech industry, insurance, e-commerce and digital marketing -we are the fresh approach that people have been looking for. Just like more traditional players we network with reputable moving companies all over the world to ensure that we offer complete global coverage and smooth end to end care. Started by entrepreneurs with a vision to make moving different, kinder and environmentally responsible. We believe that moving is part of an ever unfolding journey of life rather than an isolated incident peripheral to our clients journeys. We are recycling warriors in partnership with Karta.VN and use only 100% recycled boxes. We believe in being socially responsible and financially support reputable charities in Vietnam. At time of launching Evolve Mobility services inc…

THUNG NHAM ECOTOURISM ZONE - NINH BINH6 +84 91 290 08 87
sales@thungnham.com

The rich tropical symphony of Thung Nham will guarantee you total rejuvenation of the body and mind... The abundant Nature on display – including the largest natural bird garden in Northern Vietnam, along with the intriguing cave system consisting of both dry and wet caves – is jaw dropping, naturally. However, Thung Nham has more to offer – the opportunity to learn about the local culture and way of life – manifested through the history and fictional narrative simultaneously woven into the landscapes, the tangible cultural heritage, and the local culinary practices. From recycling waste to grow our own organic food products to conserving birdlife and using sustainable construction materials, Thung Nham is doing our part to protect the environment and reduce our carbon footprint... You won’t leave Thung Nham Resort the same person as when you arrived. Whether that’s because you are more relaxed and have cast off all the stresses of life, or whether you have led a healthy lifestyle w…

OASIS ASSSOCIATION6 +84 93 000 66 09
info@oasis.org.za

OASIS ASSOCIATION Our mission to empower mean, women and children with intellectual disabilities to realise their fullest potential and become as independent and productive as possible. To reach this mission, Oasis is providing work opportunities for adults with intellectual disability in our Recycling Project as well as development programmes for children with profound/severe intellectual disabilities.

NUTRITION TECHNOLOGIES84
info@nutrition-technologies.com

Nutrition Technologies manufacture and supply sustainable animal feed ingredients and biofertilisers, using a unique combination of biotechnology and Black Soldier Fly Larvae (BSFL) to recycle nutrients from agricultural and food processing by-products. Their insect-based products help feed the growing agriculture and feed industries around the world. These products are suitable for application in pet food, livestock and aquatic feed, and have a range of proven functional benefits which improve the animals’ health and growth. They use a combination of beneficial microbes and Black Soldier Fly Larvae using a zero-waste production model to grow their insects, which are reared on clean and traceable agro-industrial by-products. They have developed their own tropical production system which is not only low cost to build and operate, but also uses minimal energy and is a zero-waste process. This low-energy model means that the company benefits from a very low cost of production, but with …

STAVIAN TALENT17

Founded in 2009, with the vision to become the leading industrial, multi-national Fortune Global 500 company. Stavian Group is committed to achieving sustainable development, contributing to the national and global community development and demonstrating social and environmental responsibilities. Our product and services such as Chemical & Petrochemicals, Paper, High-Tech Materials, Recycling & Circular Economy, Logistics, Industrial Park Development, Venture Capital, Industrial Metal... Stavian Group extends to over 100 countries and territories, serves more than 14,000 global customers and partners. The group operates through nearly 30 offices and 40++ warehouses globally, with a workforce of nearly 2,000 employees domestically and internationally. In 2022, the group recorded approximately $2 billion in revenue. Prestigious Company ranked Top 22 largest chemical distributors in the world and the Top 6 largest chemical distributors in Asia - the Pacific region (according to ICIS r…

RECYCLE ONE6 +84 368 279 921
info@recycleone.vn

Enabling Circular Economy Recycle One builds and develops systems that affect all actors in the value chain of the circular economy - One connection, multi-platform - Solution to most existing problems of the recycling industry in Vietnam

WINKING SEAL BEER CO.™ LIMITED GROUP6 +84 28 4458 1350
hello@winkingseal.com

Winking Seal Beer Co.™ Limited is a lifestyle craft beverage group that has created two iconic craft beer brands, super-sexy Sundowners™ Hard Seltzers, and eco-friendly beWater™, supported by Unlimited Beverage Inc., our industry-leading distribution platform. Recently recognized as South East Asias Best Craft Beverage Company 2022 by the prestigious LUXlife Group, we started our Company on a dare over beers in Ho Chi Minh City in 2016 with our name inspired by our co-founder’s childhood stuffed animal, a seal who lost an eye through years of love. Half a decade in, our small group of faux-boho, business-savvy, craft beverage lovers has grown and delivered on that dare by creating a resilient beverage ecosystem with strategic partnerships, including Fortune 500 Ball Corporation, leading sustainability and ESG organizations, government agencies, and deep connections with the worlds largest hospitality groups from the InterContinental Hotel Group to the Accor Group, Hyatt, and many oth…

LETS DO IT! HANOI8 +65 8056 2203
info@worldcleanupday.org

Let’s Do It! Hanoi is a part of Let’s Do It! Vietnam in Let’s Do It! World Network. Established in June 2018, through cleanup - the main activity, Let’s Do It! Hanoi sets the goals to raise people’s awareness of the current situation of the environment, especially waste issues and littering carelessly into the environment. Besides, Let’s Do It! Hanoi also aims to alleviate the “trash blindness” situation and limit the waste amount in the environment by encouraging people to take practical actions such as reducing using single-use plastic, putting waste at the right places, proper sorting waste, and recycling waste at home. Therefore, the environmental situation can be improved.

PRO VIETNAM10 +84 28 3535 5998
info@provietnam.com.vn

PRO Vietnam is a coalition of leading FDI and Vietnamese companies having high prestige from consumer goods, packaging, retail, and import industries, and especially a common responsibility: make Vietnam Green, Clean, and Beautiful by promoting a circular economic model through more accessible and sustainable packaging collection and recycling process. This is an important pillar in the 3R principle (Reduce, Reuse, Recycle). PRO Vietnam was founded in Ho Chi Minh City on June 21, 2019. PRO Vietnam marks the first time that competing businesses are collaborating in Vietnam to collectively work on improving the environment of Vietnam. As leading brands in Vietnam which interact thousands of employees, millions of consumers and customers, and billions of products launched every year, companies in this coalition understand that while packaging helps to solve one problem, they can contribute to another. This is especially so, where there is inadequate waste management and a lack of recycli…

WASTE2GREEN2 +84 222 3616 886
info@waste2green.vn

♻️ Smart recycling technology: Coming soon! 🌿 Go green & protect the environment every day!

CL TRADING7 +84 832 907 951
sales@cltrading.org

We have established ourselves in the line of recycling, waste management and steelworks. In the last 26 years, we live by the standards of delivering efficient and effective quality results. With this, we have been able to have consistency as to returning clients. As a rising leader in the business, we are confident that we can provide the quality for your waste management needs. We have partnered with dozens of small and big businesses, throughout the Western Province. We are committed to improving the customer experience through convenience, the accuracy of orders, and timely delivery and pick-ups.

WASTE GO GREEN0 +84 870 956 282
info@wastegogreen.co.za

As trusted experts in the recycling and management of waste and other metals, Waste Go Green manages its customers’ unwanted equipment in a responsible, environmentally conscious way. We reduce and reuse before recycle. Regarding e-waste our primary goal is to refurbish, repair and reuse as much as possible for the electronics and computers we collect.

SOLARGREENSA (PTY) LTD1 +84 813 314 887
ed@solargreen.co.za

Solar Green is a full service solar consultancy, installation and Photo Voltaic firm, specialising in Solar Water Heating and PhotoVoltaic (PV) across the Cape Peninsular. Our skilled team work closely with customers to achieve cost effective, reliable renewable energy solutions. We manage the design and installation of off-grid and grid tied renewable energy systems from 5kWp domestic DIY applications to multi-Mega Watt commercial installation. PhotoVoltaic modules take one day to install, they run in silence, and require little maintenance. Our panels and installers are fully accredited and certified with all the professional bodies. We only use quality products. Our core values of integrity, client satisfaction, innovation and intellect differentiate us from our competitors. All our systems come with a 5-10 yr warranty. Solar Green is fast, friendly because we keep the process simple. We offer technical advice about the best product offerings. We provide a written quotation…

FAST WASH & VALET0 +84 845 500 227
info@fastwash.co.za

Fast Wash & Valet is a small, family owned car wash with a team of dedicated, well trained and professional staff! Right when Cape Town was hit with a major drought and water crises, Fast Wash & Valet was born – an off the grid, efficient car wash that takes every opportunity to Save drinking water! We came up with, designed and built OUR very own water recycling system, that cleans, sanitizes and filters grey water from a laundry next door – this water is plumbed through our main tap hardlines as well as our HIGH pressure washer! The water that we have used to wash our customers cars, is then drained away and NOT re-used.. keeping all grease, sand and oil away from the cars to come! We took every obstacle that stood in our way with the water shortages we were facing in Cape Town, and came up with a way to serve our customers in a healthy and water saving way! Our staff have been well trained and are professionals when it comes to cleaning and restoring your cars cleanliness to a …

IBAG1 +84 774 833 230
contact@hrk-group.com

iBAG is HRK Group brand for all our eco-friendly flexible packaging made at our factory. Leading the green revolution in Vietnam, iBAG is part of the handful names promoting alternative to traditional flexible packaging. Our innovations and high-quality products allow us to offer many great solutions to a large range of industries. Our target is to produce alternatives to all plastic films packaging and single use items following our partners requirements and assist green minded companies in their green transition. We are manufacturing retail bags, vacuum bags, rolls bags, garbage bags, film rolls for auto-packing lines, agricultural mulch film… We don’t only produce the finish products, but with our engineer we control the raw material production and quality to insure the best solution for each application. The plastic pollution crisis is our motivation to develop our products as plastic packaging and single use items are the main source of plastic waste from our everyday lives. Pl…

PETCO, THE SOUTH AFRICAN PET PLASTIC RECYCLING COMPANY (PRODUCER RESPONSIBILITY ORGANIZATION)19 +84 860 147 738
info@petco.co.za

PETCO is South Africa’s national industry body accountable for managing the PET plastic industry’s Extended Producer Responsibility (EPR). Incorporated in 2004, our mission is to grow the collection and recycling of PET bottles, after consumer use, on behalf of our members. Our efforts are financed by grants and mandatory EPR fees, paid by producers on every tonne of raw material they place onto the South African market. We work with the whole PET value chain – from resin producers through to the converters, bottlers, brand owners, retailers, importers and consumers. And with everyone playing their part, our role of EPR promotes the integration of environmental costs associated with PET products throughout their life cycles into the market costs of the products. Level 4 B-BBEE status with 100% procurement recognition level as measured on the adjusted scorecard. EPR Registration Number: 19/7/5/P/PRO/20210517/001. PRO registration number: 19/7/12.

LOREM-GROUP PTY LTD0 +84 849 078 717
info@lorem-group.co.za

Lorem Group specialize in the manufacturing, supply, installations & exporting of Safety and Waste Management Equipment : We have the right solutions for you! We have the following variety of equipment on offer, > For traffic calming: Speedbumps, Speedhumps, Metal domes, instant express roll up bumps, rubber pyramid & concrete pyramid bumps, > Temp & Permanent traffic control or redirection in aid of obstructing vehicles & pedestrians : UV resistant cones, safe hit posts, safe hit bollards, flexible bollards, concrete bollards, steel bollards, galvanized guard rails, concrete barriers, waterfilled barriers, rubber parking stops & concrete parking stops > For the restriction of un authorized parking : Wheel clamps & parking reservation locks > For better access control : Expanding barriers and manual boom gate systems > For effective waste / litter management / recycling : Concrete litter Bins, Metal swing bins, plastic recycling bins, st…

Top Recycling Companies in Vietnam

Key Statistics from 2022

According to the General Statistics Office of Vietnam, the recycling industry is one of the top-performing sectors in the country, with a growth rate of 11.2% in 2022. The industry's total revenue was estimated at USD 2.5 billion, accounting for 0.5% of Vietnam's total GDP. Moreover, the sector employed over 35,000 workers in 2022, making it an important contributor to the country's employment.

Factors Contributing to its Growth and Success

The Vietnamese government has been actively promoting the development of the recycling industry through various initiatives. One such initiative is the establishment of favorable policies and regulations for recycling companies, which have helped to attract foreign investment and promote the industry's development. The government has also invested in recycling infrastructure, including waste collection systems and recycling plants, which has facilitated the growth of the industry.

In addition, increasing environmental awareness among consumers and businesses has led to greater demand for recycled materials, particularly in the packaging and construction industries. Vietnam's growing middle class is also becoming more environmentally conscious, driving demand for sustainable products and practices.

Industry Growth and Comparison to Previous Years

The recycling industry in Vietnam has experienced significant growth over the past decade. In 2010, the sector's total revenue was only USD 0.5 billion, while in 2022, it reached USD 2.5 billion, a fivefold increase. The industry's growth rate has also been impressive, with an average annual growth rate of 17.5% between 2010 and 2022.

Key Trends

One of the key trends in the recycling industry in Vietnam is the increasing adoption of new technologies, such as automation and digitalization. These technologies have enabled companies to increase efficiency, reduce costs, and improve quality. In addition, the industry is witnessing a shift towards more sustainable practices, with companies investing in renewable energy sources and reducing their carbon footprint.

Another trend is the increasing importance of circular economy principles, which encourage the reuse and recycling of materials to reduce waste and pollution. Vietnam has become an important destination for companies promoting circular economy practices, with increasing investment in research and development and talent development.

Challenges

Despite its growth and success, the recycling industry in Vietnam faces several challenges. One of the main challenges is the lack of reliable waste collection systems and recycling infrastructure, particularly in rural areas. In addition, the industry is facing increasing competition from low-cost recycled materials from other countries, such as China.

Another challenge is the need to educate consumers and businesses about the benefits of recycling and sustainable practices. While awareness is increasing, there is still a need for greater public education and engagement.

Future Outlook

The future outlook for the recycling industry in Vietnam is positive, with continued growth expected in the coming years. The Vietnamese government has set a target of 95% of urban solid waste being collected and treated by 2025, which would require significant investment in recycling infrastructure and waste management systems.

To achieve this goal, the government is focusing on promoting the development of the recycling industry, investing in infrastructure, and enhancing public education and awareness. The government has also signed several free trade agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), which are expected to boost the industry by increasing trade and investment.

In addition, the industry is likely to benefit from the increasing demand for recycled materials, driven by the growing awareness of environmental sustainability and the circular economy. The packaging and construction industries are expected to be key drivers of this demand, as they seek to reduce their carbon footprint and promote sustainable practices.

The industry is also likely to face new challenges and opportunities in the future, including the adoption of new technologies, the need for greater investment in infrastructure, and increasing competition from other countries. Companies that can adapt to these changes and leverage new technologies are likely to succeed in the future.

Conclusion

The recycling industry in Vietnam has become an important sector of the country's economy, with significant growth and potential for the future. The industry has benefited from favorable government initiatives, increasing environmental awareness, and a growing economy. However, the industry also faces several challenges, including the lack of reliable waste collection systems and recycling infrastructure, and increasing competition from other countries.

The industry is expected to continue to grow in the future, driven by new technologies, increasing demand, and government initiatives. To remain competitive, companies will need to invest in research and development, promote innovation, and adopt sustainable practices. With the right strategies and investments, the recycling industry in Vietnam can continue to thrive and contribute to the country's economic and environmental development.

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By Melissa Goh
Published on 31 May 2023