Specializing in cassava starch products, the Hung Duy Company was faced with a post-production waste problem. “Large production volumes lead to massive wastewater and solid waste, which, traditionally, was discharged directly into the environment,” said Le Huu Hung, the company’s chairman. For many years, this problem had cost his business a large amount of money on environmental treatment and transportation of chemicals. In 2018, Hung Duy’s board of management decided to invest in a technological line for waste treatment, costing VND400 billion ($17.3 million) for each factory. This accounted for up to 10 percent of the firm’s revenue, but Hung said “it would have long-term benefits for the environment and the surrounding communities.” Vo Tan Thanh, vice president of the VCCI. Meanwhile, at Tomeco Corporation, the sustainability strategy has emphazised the human factor. “Tomeco considers human resources the central element for development. We want to grow our internal strengths and quality goals first,” said Vu Thuy Quynh, the company’s Deputy General Director. For many years now, Tomeco has followed the Japanese corporate model of making continual improvements to product quality and focusing on sustainable development. This has meant both upgrading human resources and applying new technologies to create competitive, energy-efficient… Read full this story
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