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Economics

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LEGO originated green production

Yesterday of November 3, LEGO - a Danish toy-manufacturing corporation officially kicked off the construction of a factory at VSIP Industrial Park III in Binh Duong. The project has a total investment of more than USD 1 billion with just one special thing: the first carbon neutral factory among 6 LEGO factories in the world aka a green project of solutions to green production reducing greenhouse gas emissions, contributing to protecting the living environment.

Green production is a growing trend and is expected to grow strongly in the coming time. Therefore, green production will help businesses anticipate new consumption trends, creating significant growth in business operations. As evidenced by the recent years, many businesses have promoted the creation of brand value and improvement of business efficiency by building trust with consumers in commitments on social and environmental responsibility for the health of consumers. In particular, in the context of the current complicated and unpredictable COVID-19 epidemic, green production helps businesses overcome difficulties to maintain stable operations, and create a basis for businesses to develop stably.

Green production is also a factor that facilitates enterprises to participate in the value chain as one of the important criteria for them to choose partners. However, to have a green production is not an easy matter, requiring businesses and consumers to jointly solve to same problems. Green production not only brings practical economic values, but also opens up golden opportunities for businesses, especially in the context that the global economy is moving towards a green growth economy.

The construction of a green production can only succeed by the joint of efforts of enterprises from strategic orientation to investment and implementation solutions. Not only does it put the mon the runway of advantages in the domestic market, green production also helps businesses be certified with green certificates and international standards. Green production is considered as the entry ticket for enterprises to penetrate the markets, especially in demanding markets in the context and inevitable. As the matter of fact, Vietnamese enterprises will form a solid basis to implement green production, contributing to building a green and sustainable growth economy.

Reported by Nhat Huy – Translated by Vi Bao

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