Green economy breeds sustainable development

The Communist Party and the Government of Vietnam have since long ago integrated green economy in their guidelines and policies, which have been turned into actions by sectors and local administrations.
green economy breeds sustainable development

Vietnam focuses on developing renewable energies - Illustrative image (Source: VNA)

Vietnam adopted a national strategy on green growth as early as in 2012, reflecting the country’s political will in the matter.

In 2014, the Government approved a national plan of actions for green growth, which defined key priorities in striving for green growth towards a green economy.

The national action plan focused on the main topics of building institutions and plans for green growth at local level; reducing green house gas emission and promoting the use of clean and renewable energy; developing green production, green lifestyle and sustainable consumption.

It set out 12 groups of activities and 66 key tasks.

In carrying out the plan, ministries and agencies have launched research projects and piloted models of green economy, green industry and green urban areas.

The Ministry of Construction is implementing a project on making cities adaptable to climate change in 2013-2020, including the building of a national database and maps on risks facing urban areas.

The Ministry of Agriculture and Rural Development has deployed several eco-economic models in coastal areas which were designed to adapt to climate change and rising sea levels.

The Ministry of Transport has undertaken three projects to reduce green house gas emission using funds from the national target programme on climate change and green growth in 2016-2020. One of the projects aimed to develop bus services as a means of public transportation during 2012-2020.

At provincial level, several provinces and centrally-run cities have adopted their own plans of action for green growth or integrate the tasks into their plans for economic restructuring. Many have implemented pilot green economic models.

The northern coastal province of Quang Ninh has built its master plan of socio-economic development to 2020 with a vision to 2030 based on the viewpoint of shifting to green economy.

The northern port city of Hai Phong partnered with Japan’s Kitakyushu city to design its green growth plan centred around green ports and green industrial parks.

Meanwhile, Buon Me Thuot city in the Central Highlands province of Dak Lak has chosen sustainable coffee farming as the core of its green growth scheme.

The southern economic hub of Ho Chi Minh City has invested in sustainable urban and transport development towards the goal of becoming a green city.

A step behind other countries in technology, Vietnam can learn from others in applying advanced technologies which are more energy-efficient and generate less polluting emissions.

In addition, the country has benefited from the assistance of many international organisations (the United Nations, the World Bank) and countries such as Denmark, Sweden, Germany, Japan, France and the US in switching to a green economy.

All those factors provide a stepping stone for Vietnam to build a green economy, which is the optimal way to achieve sustainable development for the country.

Source: VNA

Related News

Vietnam - France trade reached nearly US$2.5 billion in the first half of the year

Vietnam - France trade reached nearly US$2.5 billion in the first half of the year

VCN - France is Vietnam's leading trade partner in Europe with bilateral turnover reaching billions of US$/year.
The corporate bond market will be more vibrant in the second half of the year

The corporate bond market will be more vibrant in the second half of the year

VCN - In the first half of 2024, with bond maturity pressure continuing to increase, corporate bond issuance has shown many positive signs compared to the previous year. According to forecasts, businesses' need to borrow and issue corporate bonds will accelerate in the second half of 2024.
The trend of GDP acceleration is increasingly clear

The trend of GDP acceleration is increasingly clear

VCN - In the context of a world economic recovery trend, our country's economic growth in the first six months of 2024 continues to prosper with an increase of 6.42%. This result is higher than the upper target growth rate set in Resolution 01/NQ-CP of the Government, and is considered a positive sign for the growth target for the whole year 2024.
Corporate culture "lighting the way" for sustainable development

Corporate culture "lighting the way" for sustainable development

VCN - The government aims to cultivate and develop numerous business leaders capable of heading strong economic conglomerates by 2030, leveraging their roles to lead and pave the way. To achieve this goal, financial strength alone is not enough; a robust foundation in business culture is essential.

Latest News

HCM City annual international travel expo in September

HCM City annual international travel expo in September

The 18th International Travel Expo HCM City (ITE HCMC) will be held from September 5 to 7, according to the city Department of Tourism.
Đồng Nai

Đồng Nai's key export item hopes for recovery

Over the past six months of this year, the province’s footwear exports topped over $2.2 billion, up 8.2 per cent year-on-year. Many footwear producers in the province have won orders from many international brands such as Nike, Adidas, Reebok and Puma.
Rice exports to set record turnover of 5 billion USD in 2024

Rice exports to set record turnover of 5 billion USD in 2024

Rice exports could bring in a record turnover of 5 billion USD this year if the pace of shipment is maintained like at present, according to Vu Tuan Anh, CEO of GLE company, a rice exporter.
4 export markets of tens of billions of dollars

4 export markets of tens of billions of dollars

VCN - By the end of June 2024, the country has four markets achieving export turnover of US$10 billion or more, according to the General Department of Customs.

More News

Difficult for phones to regain No. 1 position in exports

Difficult for phones to regain No. 1 position in exports

VCN - After many years holding the number 1 position in our country's exports, recently, phones and components have lost their position
Indonesia licenses certificates of lobster cultivation for three Vietnamese companies

Indonesia licenses certificates of lobster cultivation for three Vietnamese companies

Three out of the five Vietnamese businesses, which have formed limited liability companies in Indonesia, have been verified and received certificates of lobster cultivation from the Directorate General of Aquaculture, according to Indonesia’s Ministry of Maritime Affairs and Fisheries.
Vietnamese spend nearly 150 trillion VND on online shopping

Vietnamese spend nearly 150 trillion VND on online shopping

Vietnamese consumers spent 143.9 trillion (5.68 billion USD) buying 1.53 million items on five e-commerce platforms in the first half of this year, representing a rise of 54.91% and 65.55% over the same period last year, respectively, according market analysis firm Metric.
Four tens of billion USD export markets

Four tens of billion USD export markets

VCN - According to General Department of Vietnam Customs, by the end of June 2024, Vietnam has four markets achieve export turnover of US$ 10 billion.
Successful digital transformation solutions for wood industry enterprises

Successful digital transformation solutions for wood industry enterprises

VCN - Refraining from rushing, implementing steps gradually, and maintaining a clear vision are the recommendations that experts give to wood industry enterprises for successful digital transformation.
Vietnamese lychee sold well at Costco stores in Australia

Vietnamese lychee sold well at Costco stores in Australia

Lychee, one of Vietnam’s major export fruits, has been sold well at Costco stores in Western Australia and South Australia, according to the Vietnam Trade Office in Australia.
Durian exports forecast to top 3 billion USD in 2024

Durian exports forecast to top 3 billion USD in 2024

Durian exports may surpass 3 billion USD this year, according to Dang Phuc Nguyen, General Secretary of the Vietnam Vegetable and Fruit Association (Vinafruit).
FTA - support to promote pangasius export

FTA - support to promote pangasius export

VCN - The implementation of FTAs ​​always creates favorable conditions for businesses to expand and diversify markets, bringing Vietnamese seafood, including pangasius, to participate deeperly into the global production and supply chain.
Technology increases competitiveness in the logistics race

Technology increases competitiveness in the logistics race

VCN - In the context that the logistics industry in Vietnam is forecast to continue to grow strongly, many businesses are actively applying technology and expanding service chains to take advantage of opportunities and keep pace with the general trend.
Read More

Your care

Latest Most read
HCM City annual international travel expo in September

HCM City annual international travel expo in September

The 18th International Travel Expo HCM City (ITE HCMC) will be held from September 5 to 7, according to the city Department of Tourism.
Đồng Nai

Đồng Nai's key export item hopes for recovery

Over the past six months of this year, the province’s footwear exports topped over $2.2 billion, up 8.2 per cent year-on-year. Many footwear producers in the province have won orders from many international brands such as Nike, Adidas, Reebok and Puma.
Rice exports to set record turnover of 5 billion USD in 2024

Rice exports to set record turnover of 5 billion USD in 2024

Rice exports could bring in a record turnover of 5 billion USD this year if the pace of shipment is maintained like at present, according to Vu Tuan Anh, CEO of GLE company, a rice exporter.
4 export markets of tens of billions of dollars

4 export markets of tens of billions of dollars

VCN - By the end of June 2024, the country has four markets achieving export turnover of US$10 billion or more, according to the General Department of Customs.
Difficult for phones to regain No. 1 position in exports

Difficult for phones to regain No. 1 position in exports

VCN - After many years holding the number 1 position in our country's exports, recently, phones and components have lost their position
Mobile Version