Green transformation, joining the global supply chain

The Vinh Long Business Association recently held a workshop on “Approaching standards, greening key industries”. Thereby, it affirmed that the green transformation trend is inevitable to deeply and widely integrate into the global market and supply chain.

The Vinh Long Business Association recently held a workshop on “Approaching standards, greening key industries”. Thereby, it affirmed that the green transformation trend is inevitable to deeply and widely integrate into the global market and supply chain.

Green transition is the inevitable choice. Illustration photo

Greening key industries

In the context of the global market increasingly prioritizing sustainable values, greening is not only a trend, but also a condition to maintain and enhance competitiveness.

Mr. Tran Van Duc - Chairman of Ben Tre Business Association, Chairman of the Board of Directors, General Director of Benico said that Ben Tre has a developed coconut industry and Vietnam is one of the 5 countries with the largest coconut acreage and the 5th largest output in the world, with total export turnover reaching over 1.1 billion USD by 2024.

Vinh Long has a coconut growing area of nearly 117.3 thousand hectares, accounting for nearly 60% of the Mekong Delta, with an output of 58%. Currently, ESG (environmental, social and governance) standards and market trends in the coconut industry are posing many challenges but will bring many benefits.

“ESG is not only a competitive advantage but is becoming a prerequisite for coconut products to access demanding export markets such as the EU, US, Japan, Korea, etc.

In addition, it also helps businesses maintain stable orders, avoiding the risk of losing market share in the global supply chain. At the same time, it helps businesses mobilize investment capital effectively, access technical support and improve innovation capacity," said Mr. Duc.

In addition, ESG implementation helps businesses identify, measure and effectively manage risks such as climate change, supply chain disruptions, changes in import-export policies or effective dispute resolution. This can be considered the foundation for the coconut industry to develop sustainably in an ecological, fair and long-term effective direction.

Established in June 2025, Lac Dia Sustainable Agriculture Cooperative has identified its strategic goal as providing carbon credits, aiming towards Vietnam's Net-Zero goal by 2050, by applying a circular economic model to native coconut trees, creating multiple values, adapting to climate change, and reducing emissions.

According to Mr. Tran Anh Thuy - Chairman of Ben Tre Young Entrepreneurs Association, Chairman of the Board of Directors, General Director of Phu Le Joint Stock Company, the Cooperative currently has 56 members, including 3 companies and 53 individuals who voluntarily contribute capital for production and business, all of whom are local people. Thanks to that, the 3 economic, social and environmental factors are developed in harmony, creating a healthy and sustainable community.

“The coconut area is formed to bring sustainable tourism opportunities such as ESG study tours, community ecotourism, bringing green livelihood opportunities to local people. Meanwhile, green education and startup platforms, summer camps or playgrounds on sustainable development for students. For the local community, training, transfer and awareness raising activities within the cooperative and for the community on circular economy, emission reduction, carbon credits. Especially the integration of technology, traceability, towards the product journey from “garden to table”, measuring absorbed CO₂ and establishing carbon credit profiles, ESG reporting according to international standards... will promote the development of the coconut industry” - Mr. Thuy shared.

Technological innovation, improving green production processes

According to Mr. Nguyen Tuong Nam - Chairman of Vinh Long Business Association, the association always promotes green transformation in enterprises. In which, it organizes training courses, seminars; cooperates with experts, consultants, investors as well as introduces typical green enterprises, recommends green transformation policies.

Currently, the Provincial Business Association strengthens business linkage - green business development; Leading Business Club - Typical Brand of Vinh Long province, promotes business linkage; approaches greening standards of the rice industry; greening the ceramic industry;...

According to Mr. Nam, green production will help businesses apply new standards, innovate technology, improve production processes in an environmentally friendly direction, meet technical barriers, and integrate deeper into the global value chain.

At the same time, it helps businesses proactively change their thinking, gradually improve their management capacity, innovate their production and business models, both protect the environment and enhance the national brand, for a sustainable economic development...

It can be said that approaching green standards for key industries is a topical, practical and strategic topic in the context of green economy and sustainable growth becoming inevitable global trends.

Currently, the merger of the three provinces of Vinh Long, Ben Tre and Tra Vinh into the new Vinh Long province will open up a larger development space, but also pose an urgent need to restructure industries, link regions, and especially green the key industries, comprehensively green the production-consumption process to effectively use resources and adapt to climate change.

According to the Department of Industry and Trade, in recent times, the province has focused resources and prioritized support for industries such as coconut, ceramics, renewable energy... aiming to reduce emissions, increase added value and expand export markets.

However, looking directly at reality, most production facilities are still small-scale, with outdated technology, not meeting international standards, and having difficulty accessing global supply chains that are increasingly strict on ESG, low carbon, traceability, etc. According to Mr. Tran Van Duc, regarding ESG standards, many businesses currently have limited awareness because ESG is not yet mandatory.

Furthermore, there are still no specific policies and guidelines for the industry. At the same time, there are limitations in financial, human and technological resources. In addition, the industry structure is fragmented, making it difficult to implement ESG synchronously, lacking resources, tools and enforcement mechanisms.

Mr. Tran Quoc Tuan - Standing Member of the Provincial Party Committee, Director of the Department of Industry and Trade said that green transformation is not a choice, but an inevitable path. The industry and trade sector will implement a number of orientations for development in the field of green economy.

In particular, it will support enterprises in greening production, prioritizing support for clean technology innovation projects, energy saving, supporting the construction of low-carbon value chains, and international standard raw material areas.

“With many solutions, we try to connect businesses with the ESG standard system, green trade, digital transformation. We determine that if we do not accompany businesses, it will take a long time for businesses to reach the finish line.

Therefore, the industry and trade sector will advise the Provincial Party Committee and the Provincial People's Committee to pay attention to investing in infrastructure, logistics and ecological industrial parks. Survey and select the construction of environmentally friendly industrial clusters, because this is an inevitable trend" - Mr. Tuan said and added: The industry and trade sector will promote the connection of "4 houses", technology transfer, close connection between enterprises, institutes, schools and local authorities.

At the same time, invite experts with vision and planning capacity, international organizations to advise on greening strategies to help the province develop faster in this field.

According to the European Commission (EC), ESG strategy is the process of planning a business's development based on three basic pillars - E (Environmental), S (Social), and G (Governance).

Article and photos: KHANH DUY

Source: https://baovinhlong.com.vn/kinh-te/202507/chuyen-doi-xanh-gia-nhap-chuoi-cung-ung-toan-cau-0ef09b4/