Thursday, May 8, 2025 7:40:27 PM - Markets open
VN-INDEX 1,269.80 +19.43/+1.55%
HNX-INDEX 215.21 +1.80/+0.84%
UPCOM-INDEX 92.98 +0.06/+0.06%
Green e-commerce in Vietnam still faces challenges
vietnamnews - 3/12/2025 10:08:29 AM
 (0 ratings. You must sign in to rate.)

The lack of regulations and businesses’ reluctance to engage in environmental protection efforts have made it difficult for Vietnam’s e-commerce sector to transition to a greener model.

A user shops on Lazada. — Photo tapchitaichinh.vn

While the overall macro policies on environmental protection and sustainable development are creating favourable conditions for green e-commerce, the actual implementation of green transformation still faces numerous challenges.
 
One key obstacle is that policies have yet to link environmental protection requirements, according to the report on the E-commerce Green Index (ECGI), released by a research team from the Việt Nam E-commerce Association (VECOM) and the World Wide Fund (WWF) Việt Nam.
 
Legal documents related to e-commerce rarely include specific environmental protection regulations. Instead, they primarily focus on restricting the trade of certain prohibited or conditionally permitted goods and services.
 
Additionally, there is a lack of coordinated action among stakeholders, including Government agencies overseeing e-commerce, logistics, postal services, environmental management, businesses and consumers.
 
Most online businesses are not actively engaged in environmental protection efforts due to limited awareness, increased operational costs and the absence of clear legal regulations.
 
This situation also affects awareness-raising efforts for businesses and consumers in the green e-commerce sector, which remains fragmented and insufficient.
 
Roadmap for transformation
 
To address these challenges, the research team has introduced the ECGI framework, which sets out criteria and a roadmap for gradually transitioning toward greener e-commerce.
 
The framework is designed to help businesses quickly and comprehensively identify specific environmentally friendly actions. This, in turn, enhances their reputation and business efficiency, especially as consumers are increasingly prioritising brands that demonstrate environmental responsibility.
 
It is structured into six major criteria, comprising 19 sub-criteria. The first group is the commitment to deploy green e-commerce in a sustainable model. In this criterion, the research unit recommends that businesses make a clear commitment to green e-commerce businesses following a sustainable model.
 
The second is goods-related standards. This includes two sub-criteria, which are prohibiting the sale of environmental products banned by law and ensuring compliance with regulations governing restricted and conditionally permitted products.
 
The third group of criteria is order fulfilment services. It encompasses several sub-criteria, including avoiding the use of plastic packaging and materials prohibited by law, limiting the use of plastic packaging and other environmentally harmful materials in order fulfilment, prioritising eco-friendly packaging and managing warehouses and delivery operations sustainably.
 
It is essential to encourage and assist customers in reducing or eliminating the use of single-use plastics, promote low-carbon delivery options and facilitate consumer feedback on businesses’ environmental protection activities.
 
Following are internal green commitments. The research team proposed the need for environmental protection policies, energy saving and the integration of renewable energy sources into their operations.
 
The final group of criteria is researching and implementing green business models. This includes promoting circular economy practices, developing responsible business guidelines for consumer protection in e-commerce and adopting the Corporate Sustainability Index (CSI) for e-commerce enterprises.
 
Việt Nam’s e-commerce market is projected to grow at an average annual rate of over 20 per cent between 2024 and 2030, reaching approximately US$90 billion by 2030, according to VECOM.
 
While this growth brings economic benefits, it also exerts increasing pressure on the environment.
 
The rising volume of plastic waste from packaging and greenhouse gas emissions from delivery operations have surged alongside the sector’s rapid expansion. Addressing these environmental concerns is crucial to ensuring that Việt Nam’s e-commerce industry develops sustainably. — VNS
 
Read original article here
Newer News
15:58 Việt Nam's trade surplus shrinks nearly 60% in first four months of 2025
15:55 Unleashing the power of pioneer enterprises to reshape Việt Nam’s economy
15:53 Vietnamese corporations to advance trade deals with US partners
06/05 Petrol prices decline in latest update
06/05 Việt Nam's manufacturing PMI declines amid tariff announcements
06/05 Agro-forestry-fishery trade surplus $5.2 billion in four months
28/04 Logistics transforms into high-tech service industry
21/04 US tariffs prompt Việt Nam’s supply chain shift
21/04 Việt Nam stays on course for 8 per cent growth despite tariff risks
14/04 EU applies provisional anti-dumping measures on hot-rolled steel imports from Việt Nam
Older News
12/03 Local governments adjust GRDP goals to meet or exceed national growth target
12/03 Vietnam's agricultural exports surge to five-year high
12/03 Soaring hog prices drive stock market gains
12/03 Measures needed to boost business optimism: VCCI
11/03 New regulations ensure higher standards for exported food
11/03 Railway connectivity to enhance China-Vietnam economic, trade collaboration: official
11/03 Vietnam's coffee exports aim for $6 billion milestone
10/03 Draft decrees add new procedures, causing difficulties for businesses: VASEP
10/03 Building momentum for a sustainable future: Việt Nam's dynamic path to economic growth
07/03 VCCI proposes amendment to Special Consumption Tax Law
 
Newsletter Signup
Top Stories
Stock market upgrade expected by September
Stock market starts off May on a positive note as key stocks gain post-holiday
Việt Nam to launch KRX trading system on May 5
Profits, dividends, capital increases and bad debts on agendas of 2025 banking AGMs
Stock market showed weakest Q1 in 3 years
Market Update
Last updated at 3:10:02 PM
VN-INDEX 1,269.80 +19.43/+1.55%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.