Vietnam’s Green Industrial Era Begins with $1 Billion Recycling Investment
At MDGTrade.com, we’ve long championed a future built on sustainable trade, green logistics, and responsible manufacturing. Now, Vietnam is taking a bold step in that very direction.
In a groundbreaking move during the Vietnam–Sweden Business Forum in Stockholm, the province of Binh Dinh awarded an investment certificate to Swedish firm SYRE Impact AB for a $1 billion textile recycling plant—a milestone moment for the country’s transition into circular industry.
Investor: SYRE Impact AB (Sweden)
Location: Binh Dinh Province, South-Central Vietnam
Capital Investment: USD 1 billion
Focus: Converting textile waste into PET plastic pellets
Annual Capacity: 150,000 to 250,000 metric tons
Timeline: Construction starts in 2025; full operations by 2029
This facility will be one of Vietnam’s largest textile recycling initiatives, addressing one of the industry’s most pressing sustainability challenges: post-production waste.
At MDGTrade, we recognize this investment as more than a singular project—it’s a signal. A signal that Vietnam is ready to lead the Asia-Pacific region in green industrialization.
Circular Economy Acceleration
Turning textile waste into high-grade PET pellets sets a precedent for closed-loop manufacturing. The project is expected to reduce environmental impact and support Vietnam’s ESG commitments.
Downstream Opportunities
The recycled PET output can power a new class of eco-friendly products—from packaging to textiles—creating a scalable supply source for exporters, manufacturers, and logistics providers.
Provincial Innovation and Incentives
Binh Dinh’s active support for green projects opens doors for other eco-focused ventures. This presents an attractive model for investment, partnership, and replication across Vietnam.
This investment validates MDG’s vision: enabling global trade that doesn’t come at the expense of the environment. As suppliers and buyers increasingly demand sustainable sourcing, MDG is uniquely positioned to:
Connect buyers with eco-certified suppliers
Facilitate export logistics for green-certified products like coconut husk pallets, recycled materials, and biodegradable packaging
Build cross-border alliances with firms sharing ESG values
We view this as the beginning of a new chapter in Vietnam’s trade development—one where economic growth aligns with planetary stewardship.
Vietnam’s $1B recycling initiative is not just about waste conversion. It’s about future-proofing its industrial base, empowering local economies, and attracting climate-conscious investments.
At MDGTrade.com, we are proud to support and amplify efforts like these. As your trusted trade partner in sustainable sourcing and export, we are committed to building the networks, products, and systems that power the next generation of green global commerce.
Want to explore eco-friendly products or green logistics solutions?
Contact MDG — let’s shape a cleaner trade future together.
