Green Enterprise Award: Key to the World Market

The Green Enterprise Award is the key to passing the WTO’s “green barrier” and helping Vietnamese businesses enter the world market, said Mr. Tran The Ngoc, Deputy Minister of Natural Resources and Environment.

Deputy Minister of Natural Resources and Environment Tran The Ngoc gives the 2006 Green Enterprise Awards to the companies

The environmental barrier, or “green barrier” as it is often called, is an international trade barrier which prevents companies that do not meet strict environmental guidelines from exporting foods and commodities.

The launching of the Green Enterprise Award will help Vietnamese companies to meet these guidelines.

The award is also an answer to the European Union’s new environment law (called Green Law) in which all foreign exporters must guarantee the environmental safety and effective energy usage of their products in order to enter the European market.

Last year, only factories and companies in Viet Nam’s production sector were allowed to be nominated for the award but this year, it is also opened to those in financial and service sectors.

To be eligible for the nomination, domestic factories and companies must have a waste management policy, adequate waste water treatment, waste collection systems, special storage areas for solid and hazardous waste, and they must separate their solid waste facilities from their production lines.

They must also meet standards for fire safety, air quality, illumination, heat, and noise, and most importantly, they must use recycled products.

In addition the eligible companies will need an ISO 14001 certificate for environmental management.

Deputy Minister Ngoc said that the nomination criteria should not be too high for domestic enterprises since they are based on the “green barrier” requirements that have already been established in many countries. Only when Vietnamese corporations manage to meet these requirements will they be able to show their potential to the world, he added.

Once the awards are granted, Vietnamese awardees will be allowed to use the Green Enterprise logo on their products, an effective way to boost their international prestige. Moreover, the awardees will be able to pass through the “green barrier” and have their products successfully exported to foreign markets.

Last year, 13 Vietnamese companies were awarded the Green Enterprise title.

The organizers of this year’s award nominations are the Ministry of Natural Resources and Environment, the HCMC People’s Committee, the HCMC Natural Resources and Environment, and the Sai Gon Giai Phong Newspaper. 

By Ai Van – Translated by Khanh Hong

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