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Business Beat
Business Beat. . A mixed economic performance in the first six months by Viet Nam is cause for more worry than celebration because a drop in both export volumes and foreign direct investment will have a lingering impact on the second half. But an even greater worry for many is the environmental fallout of economic growth. In the name of industrialisation, manufacturers discharge the most polluted substances into rivers, the source of drinking water for millions of people. To cut costs and improve their competitiveness, producers can ignore the most fundamental measures to protect the surrounding environment, even for their own workers. The situation has become so alarming that all recent environment reports by government agencies and international organisations stress that Viet Nam will pay dearly if it did not pay enough attention to environmental issues. A pilot project in Ha Noi to classify 50 food processing and textile businesses according to their effort to protect the environment found 76 per cent not meeting local standards. and this result came after a second survey preceding which the organisers had given a lot of support to help businesses fight pollution. In the first survey, up to 90% of them did come up to scratch in treating effluents. It’s time policy makers took more drastic steps to force manufacturers put the environment before profit. The situation now is that inspectors visit the polluter’s site after neighbours lodge complaints, and things are sorted out for the time being, only to become worse once they leave. Publicising the names of worst violators on the local mass media is a good start. After all, economic growth by itself does not imply development, especially when people suffer from worse living conditions.. ***. ...

25/05/2002

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