Entering its third decade of development, the concept of green chemistry has transformed from a mere theoretical discourse into a crucial instrument in global industrial governance. With exponential market growth projections, this sector has now become the linchpin of global efforts to minimize hazardous waste while fostering innovation in bio-based materials and alternative energy.
Dr. Nguyen Xuan Sinh, an Executive Board member of the Chemical Society of Vietnam, highlighted the fundamental difference between traditional chemistry and green chemistry. According to him, green chemistry focuses on upstream pollution prevention through sustainable process design, in contrast to conventional remediation methods that only perform downstream cleanup after pollution occurs.
The main challenges faced by business operators in this transition are high initial investment costs and limited access to capable eco-friendly technology. Furthermore, the absence of a standardized national benchmark for green product criteria often makes it difficult for companies to determine their technology development roadmap, especially for small and medium-sized enterprises.
With the enactment of Government Decree No. 25/2026/ND-CP, which outlines the 12 principles of Green Chemistry, the industrial sector now possesses a clearer legal framework. Dr. Sinh believes that this legalization will enforce uniform compliance standards for all business entities, both domestic and foreign, while enhancing corporate reputation in an increasingly competitive international market.
Nevertheless, Dr. Sinh emphasized that regulations alone are insufficient. A policy synergy incorporating fiscal incentives, access to green credit, and technical training support for companies is required. The government is urged to swiftly complete the legal framework and provide a supporting ecosystem so that the green industrial transformation can proceed effectively and inclusively across all business scales.
