Single-use plastic substitutes

Single-use plastic products we use one minute but take up to 500 years to decompose, especially plastic straws. Vinastraws brings environmentally friendly products to consumers, spreading the message of environmental protection, raising everyone's awareness in using single-use plastic products.

Ranking 20
Current valuation
Current price of 1% equity $10,501,000 SW
Equity can be sold 96.97%
Ownership structure

Trần Thanh Hiếu 1.0%

Nguyễn Thị Oanh 1.0%

Đỗ Thị Trang 1.0%

Vũ Khánh Hỷ

Vũ Khánh Hỷ 0.01%

Bùi Hòa 0.01%

Andrea Plawutsky 0.01%

Đỗ Thị Hương Thảo 96.97%

Project number: 0333- Single-use plastic substitutes
Our members
Mentor: Mrs. Phan Hong Giang 
Representator: Mrs. Hoang Lan Anh
- Mrs. Do Thi Huong Thao
- Ms. Hoang Thuong Uyen
Our members
The reason for forming the project
We all know that a large amount of waste from single-use plastic is increasing day by day, while their use-time is only a few minutes and the lifespan is up to 1000 years.
Only plastic straws used today:
·         In the US, according to statistics, there are millions of plastic straws thrown away every day: 
·         A resort on the island of Hawaii used more than 800,000 straws in 1 year
·         AccorHotels in the US and Canada used up to 4.2 million straws a year.
·         In the UK, an estimated 4.4 billion plastic straws are thrown away every year.
·         In Asia, Anatara and AVANI hotel chains alone consume 2.49 million straws a year.
Not to mention the kinds of plastic bags, spoons, knives, forks, food containers, and so on. 
In Vietnam, the plastics problem is becoming uncontrollable. So what do we need to do?
Plastic waste
·         In Vancouver, Canada, from April 2020, single-use plastic is officially banned.
·         The UK government has planned to ban the distribution and sale of single-use plastic products in the UK between October 2019 and October 2020.
·         As of July 1, 2020, Seattle is the first US city to ban plastic straws, plastic rods, and stirrers.
·         In Europe: The European Union (EU) decided to ban single-use plastic items such as straws, forks, knives, and cotton swabs from 2021.
·         In Australia: Since March 1, the South Australian state government has banned certain single-use plastic items such as straws, knives, forks, and spoons. Individuals who violate this regulation will be fined 315 AUD (about 244 USD).
·         San Francisco's Board of Supervisors has approved a proposal to ban plastic straws in the city.

 Our Values
Our products include Cereal straws, bamboo products, coconut products. Our main product is cereal straws, a small product that shows our love for the environment.
The products are very convenient, easy to use, environmentally friendly, and health care.
Mother Teresa said: "Not all of us can do great things. But we can do small things with great love"
We want to send this message to people. Please care about our environment. Change the habit of using single-use plastic for a green future.
Our products
What did Vinastraws do?

In May 2019, we started our project with a 1000 m2 ISO 22000-2018 factory in Kim Thanh district, Hai Duong province. Currently, we have 2 production lines, with a closed production process from input materials to finished products.
We have ISO 22000-2018 certificate and FDA certificate to export to USA.
- From May 2019 to November 2019 is the time when we design, install workshops and research products.
- In December 2019, we launched the finished product and sent samples to a number of countries such as Sweden, Korea, USA, UK....
- April 2020 we export the first shipment to Belgium.
_ After April 2020, we have exported many more shipments to the US, UK, Korea, Czech....
- In July 2020, we provided 1 agent in Vietnam to bring straws into Vinpearl's system so far.
- In addition, we also provide other coffee chains, restaurants, and small hotels.
- Our products have been well received by customers through re-orders.
Currently, we reach customers through 2 channels online and offline both at home and abroad.
 In addition to marketing for sales, we also organize experience sharing sessions with students. Hopefully, the love of the environment, the habit of using green products will be a bridge for young people for a green future.

Students with green products
Our products are selling well on domestic e-commerce sites such as tiki, shopee, lazada, sendo and international e-commerce sites such as amazon, esty, ec21...
Online store
Our goals: 
· Become the leading brand of straws in Vietnam and the world.
· Create and supply more and more products that can completely replace single-use and many-time plastic products.
Spreading green lifestyle, raising people's awareness of environmental protection.
                                       JOIN US TO PROTECT THE ENVIRONMENT 
                                                BECAUSE ENVIRONMENT IS LIFE
                                 Http:// or Http://