Vietnam Footwear and Apparel Value Chain Mapping and Circularity Study

In Vietnam, circular economy, waste treatment and recycling had been regulated in the Law on Environmental Protection (LEP) 2020. The recent establishment of Extended Producer Responsibility (EPR) Council to implement the LEP in regulating the importers and manufacturers’ responsibility on waste treatment and recycling, and the introduction of fees collected for different product categories, in particular, synthetic plastic-containing product category (apparel and footwear products included), might help encourage a transformation to a more circular economy. 

This project, which is funded by the International Finance Corporation (IFC), aims at developing a market study to facilitate circular economy practices of the footwear and apparel sector in Vietnam. The primary goal is to find a practical business opportunity for utilizing the circularity of post-manufacturing waste generated by these sectors. Furthermore, the aim is to support the creation of recycling hub(s) or explore other viable engineered solutions that can steer the sector towards a circular approach.

To achieve the objectives of this assignment, conducted activities are setup into three scopes that correspond to the three (3) interim reports: Scope 1 - Detailed post-manufacturing flow analysis of targeted footwear and apparel sectors with value chain mapping and circularity market study; Scope 2 - Targeted regulatory and operational gap analysis, and; Scope 3 – Total Investment Market Size.