Status and Potential of Implementing Circular Economy for Plastic Recycling Business in Craft Villages in Northern Vietnam - A Case Study in Hung Yen Province

Encouraging and promoting the implementation of a circular economy (CE) is crucial for reducing emissions, minimizing production costs, and promoting resource efficiency and circularity. Plastic production and recycling activities are prevalent in craft villages. However, alongside economic benefits, these activities also generate significant environmental concerns. It is essential to investigate CE implementation's status and potential in these businesses to promote enterprises in craft villages to transition to a circular economy. This study assesses the current state of CE adoption by plastic businesses in plastic recycling villages based on the ReSOLVE framework. The research findings indicate that the practices are still at the initial implementation stage and lacking specialized measures for environmental management and practical solutions. The study also identifies the strengths and weaknesses of enterprises in craft villages when transitioning to a circular economy and proposes solutions to promote CE adoption among plastic businesses in craft villages.