Vietnam Materials Marketplace is a cloud-based materials trading system that directs Vietnam’s booming manufacturing industries towards the circular economy. Vietnam is one of the fastest growing countries in Asia, hosting a thriving manufacturing economy and serving as a hub for much of the world’s material flows. But the amount of materials deposited in Vietnam’s landfills is a significant health and environmental challenge. In fact, material production and use drive the largest amount of greenhouse gas emissions globally. The Pathway21 Materials Marketplace takes this challenge head on – helping manufacturers reduce both waste disposal and excessive production through an online, cloud-based marketplace where manufacturers can buy, sell or trade materials and equipment suitable for further or alternative use. This model will move industrial waste up the value chain into its highest and best use, reducing environmental impact and using circular economy principles to grow Vietnam’s economy in a sustainable and resilient way. Through support from The Vietnam Chamber of Commerce and Industry (VCCI) and the United States Business Council for Sustainable Development, the Materials Marketplace will use successful, proven models from other industry hubs around the world to increase efficiencies, reduce costs, and enhance quality of life in Vietnam.
More information about this partnership is available here.