VMRF and Van Loi Aluminium Company Unite for Export Tax Exemption Petition Conference

November 12, 2024 – At Van Loi Company Offices

The Vietnam Metal Recycling Forum (VMRF) and Van Loi Aluminium Company joined forces to host a significant conference on November 12, 2024, focused on the critical issue of export tax exemptions for remelted metal products derived from hazardous waste processing. This event attracted strong engagement from the metal recycling sector, with more than 21 companies participating to discuss strategies and collaborate on a petition to government authorities.

Aims of the Export Tax Exemption Petition for the Metal Recycling Industry

The conference, held at the Van Loi Aluminium headquarters, offered a platform for VMFR members to unite over a shared vision for the industry. The primary agenda centered on raising a formal request for tax exemptions to alleviate financial pressures on companies that process hazardous waste into remelted metals—a valuable recycling initiative that reduces environmental impact. Exempting these companies from export taxes could incentivize sustainable practices and propel the industry toward a more robust future.

Unified Support and the Importance of Collaboration in Metal Recycling

A significant consensus emerged among participants, underscoring the collective desire to advocate for policies that recognize and support environmentally responsible practices within the metal recycling sector. VMFR’s proactive stance at the conference reinforced its commitment to advancing the interests of its members, further establishing itself as a key facilitator and advocate within the recycling industry.

VMRF’s Role as a Leader and Advocate in the Metal Recycling Sector

VMRF envisions a stronger, more cooperative community of metal recycling companies,” a VMRF representative stated. “We believe that by joining together, we can drive progress not only for our individual companies but for the industry as a whole.”

Conclusion

The forum highlighted the vital role of collaboration within the metal recycling sector, with participants emphasizing that unified efforts could lead to more effective advocacy and greater impact on government policy. VMRF’s leadership and coordination at this event underscore its commitment to fostering a supportive environment for its members, enhancing industry-wide development, and promoting sustainable recycling solutions.