Tuesday, September 2, 2025 10:51:20 PM - Markets open
VN-INDEX 1,682.21 +1.35/+0.08%
HNX-INDEX 279.98 +3.35/+1.21%
UPCOM-INDEX 111.00 +0.38/+0.34%
SABECO joins PRO Vietnam, strengthens its green credentials
vietnamnews - 8/14/2024 10:11:05 AM
 (0 ratings. You must sign in to rate.)
Saigon Beer-Alcohol-Beverage Corporation (SABECO) has officially joined Packaging Recycling Organisation Vietnam (PRO Vietnam) with an aim of fulfilling the company’s Extended Producer Responsibility (EPR), working towards a shared goal for all businesses in the industry.
 
 
Larry Lee, SABECO's Deputy General Director delivered a speech at the ceremony. Photo courtesy of SABECO
 
Saigon Beer-Alcohol-Beverage Corporation (SABECO) has officially joined Packaging Recycling Organisation Vietnam (PRO Vietnam) with an aim of fulfilling the company’s Extended Producer Responsibility (EPR), working towards a shared goal for all businesses in the industry.
 
In addition, the participation would also help SABECO contribute to shaping a practical and effective EPR regulation that suits the market context in Việt Nam.
 
 
PRO Vietnam announced the new membership of eight new companies which are all leaders in consumer goods, imports and recycling. Photo courtesy of SABECO
 
At a ceremony on Tuesday in HCM City, PRO Vietnam announced the new membership of eight new companies including Thuận An Paper Trading Services Joint Stock Company, Interfood Shareholding Company, SABECO, Vietnam Soy Milk Company (Vinasoy), C.P. Việt Nam Livestock Corporation, HEINEKEN Vietnam Brewery Limited Company, CARLSBERG VIETNAM Breweries Ltd and Pramac Joint Stock Company.
 
These new member companies are all leaders in consumer goods, imports and recycling. With the addition of these eight new members, PRO Vietnam now has a total of 30 members - three times the number it had when it was founded in 2019. This event was a great opportunity for new members to meet, share experiences and build strong connections within the PRO Vietnam community. It also highlights the alliance’s commitment to advancing packaging collection and recycling efforts, working towards a greener, cleaner and more beautiful Việt Nam in the future.
 
 
Sabeco has recycled beer bottles to adhere to Extended Producer Responsibility (EPR) regulations. — Photo courtesy of Sabeco
 
A representative from SABECO said: “As the leading corporation in Việt Nam, we are committed to supporting the country’s socio-economic development and bringing values to SABECO and all relevant stakeholders. To reinforce our commitment, SABECO relentlessly apply world-class practice in manufacturing and operation, and it includes initiatives that follow the ESG principles. SABECO acts on urgent environmental issues and undertake green transition to replenish vital national resources and ensure sustainable business growth.”
 
 
A road in the southern province of Khánh Hòa, illuminated under the Light up the Rural project. Photo courtesy of SABECO
 
SABECO's sustainable development strategy focuses on maintaining balanced progress across the ESG pillars: Environment, Social, and Governance. SABECO is committed to advancing its ESG strategy by identifying and evaluating key topics that impact stakeholders in production and business development activities, alongside setting ESG priorities and goals.
 
With the efforts, SABECO has been honoured with many awards, among outstanding enterprises for employees, the Top 100 sustainable businesses in Việt Nam 2023, outstanding taxpayers for the period 2020-22, top 20 annual reports 2023 (non-financial companies), Top 12 board of directors committed to corporate governance best practices, Top 50 best listed companies in Việt Nam 2023, Việt Nam Glory Award and outstanding enterprises for employees.
 
2024 marks the first year of Extended Producer Responsibility (EPR) implementation in Việt Nam. PRO Vietnam Packaging Recycling Joint Stock Company, part of the Việt Nam Packaging Recycling Alliance, has officially been recognised by the Ministry of Natural Resources and Environment as the first authorised organisation for packaging recycling in the country.
 
In response, PRO Vietnam is actively working on collection and recycling initiatives to meet the EPR requirements set by its members. For 2024, PRO Vietnam aims to collect and recycle approximately 70,000 tonnes of various types of packaging, enhance public awareness through communication efforts, support packaging waste collection, and assist workers in the collection field.
 
As a leading non-profit organisation committed to advancing sustainable packaging recycling, PRO Vietnam will continue to collaborate with the government to ensure effective EPR implementation. The organisation will also foster partnerships with relevant stakeholders to promote innovative solutions for packaging waste collection and recycling, contributing to a greener, cleaner and more beautiful Việt Nam. — VNS
 
 
Read original article here
Newer News
25/08 CMC OpenAI expects to serve Vietnamese with top-tier reliability, data security
25/08 VPS calls for extraordinary shareholder meeting amid market surge
20/08 Vinamilk milks top spot as world’s most promising dairy brand
15/08 SHB posts 59 per cent jump in Q2 profit, accelerating growth
04/08 Coteccons ends FY2025 with $1.3 billion backlog, 32% jump in construction projects
29/07 Private enterprises to be a driving force behind VN's brands
28/07 VIC: Vingroup seeks shareholder approval for business expansion
11/07 HPG: Hòa Phát reported 5 million tonnes in sales during first half of 2025
11/07 Nearly 1,500 household businesses converted into enterprises in six months
07/07 VJC: Vietjet appoints new managing director
Older News
14/08 Processed industrial exports rise by 15.4% in seven months
14/08 TNH: Report insider transaction
14/08 VTO: Report insider transaction
14/08 Sacombank honoured as Best Company to Work for in Asia and ‘Most Caring Company’
14/08 TNH: Report affiliated person trade
14/08 HCD: Report on change of ownership of major shareholders
14/08 BVH: Notification affiliated person trade
14/08 VNM: Report affiliated person trade - Platinum
14/08 VNM: Notification affiliated person trade - Platinum
14/08 TCL: Report on change of ownership of major shareholders - America LLC
 
Newsletter Signup
Top Stories
Banks focus on increasing charter capital in second half of year
From pioneer to leader: Việt Nam's stock market hits 25-year milestone
New tax plan could discourage stock investment: insiders
MoF proposes 20% tax on capital gains from securities and equity transfers
HNX halts new stock listings in exchange restructuring
Market Update
Last updated at 3:10:01 PM
VN-INDEX 1,682.21 +1.35/+0.08%
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.