Vietnamese export enterprises need to soon implement green transformation in production to meet the EU's EGD.

According to the Ministry of Industry and Trade, sustainable development regulations have existed for some time but are now becoming more standardised and mandatory, especially in European markets. Businesses aiming to export to these markets must swiftly and thoroughly prepare to meet green transition requirements.

This transition will help businesses to minimise the risk of exclusion from key export markets, creating opportunities to build sustainable brand and enhance product value while providing access to premium customer segments globally.

It is also a strategic step for Vietnamese enterprises to strengthen their position in the value chain, reduce environmental impacts, improve competitiveness, and contribute to the nation’s standing while fulfilling the government’s global sustainable development commitments.

As per government regulations, over 2,000 domestic enterprises will need to submit greenhouse gas emission reports by March 2025 and develop plans to reduce emissions. However, surveys indicate that only about 10% of these enterprises are currently prepared for this requirement.

Additionally, as of January 1, 2025, Vietnamese businesses exporting agricultural products to certain key markets need to demonstrate that their goods are produced without generating emissions. Furthermore, numerous other green production requirements must be met, and businesses that fail to prepare adequately risk exclusion from these markets.

Thus, in the coming period, Vietnamese enterprises need to proactively study and understand the green standards and requirements of different countries, strengthen their capacity for accessing green financing, and increase the adoption of green technologies to align with sustainable production demands.

Government management agencies should design technical support programmes to enhance the capacity of businesses and associations, thus ensuring compliance with competitive regulations for sustainable development.