Topic: sustainable development

Events of the past few years have affected Vietnam’s efforts to implement the Sustainable Development Goals.

The Ministry of Natural Resources and Environment has said that Vietnam will apply a roadmap to start to phase out hydrofluorocarbons from 2024 under international commitments, moving towards an 80 per cent reduction in base consumption by 2045. The country will cease importing hydrofluorocarbons by 2040.

According to the Directorate of Fisheries, the orientation in the fisheries industry is to reduce the catch and increase the output of marine aquaculture. To meet the target of seafood export turnover reaching $14-16 billion by 2030, it is necessary to introduce a major change in management along with preferential policies that are strong enough to support a large-scale aquaculture industry.

The “ASEAN Bridge ++” forum, with the theme “Connecting for Sustainable Development”, will be held on September 9 in Ho Chi Minh City. Its goal is to promote trade in the ASEAN++ region, expand opportunities for multi-directional links, and facilitate trade for businesses to develop the region’s economy through business matching events. It also hopes to promote a green circular economy based on sustainable development.

On September 7, while participating in the Eastern Economic Forum in Vladivostok, Russia, via a video-recorded speech, Prime Minister Pham Minh Chinh affirmed that Vietnam has actively participated in multilateral initiatives, including regional and inter-regional economic links, and is ready to make active contributions to economic recovery and sustainable development in the Asia-Pacific.

Mr. Rahul Kitchlu, Program Leader for Infrastructure and Lead Energy Specialist at the World Bank (WB), offered six solutions for Vietnam to achieve green growth and sustainable development. These include improvements in planning energy network expansion and the regulatory framework for procurement, to ensure low-cost renewable energy supply; pouring public investment into the power grid; and promoting electricity transmission and trading between regions.

The Ministry of Agriculture and Rural Development has suggested that it is necessary to strengthen international cooperation in the conservation and sustainable development of national parks. At the same time, national park management need to be creative in attracting visitors, combining tourism and environmental education. The General Department of Forestry is now completing a project on developing eco-tourism, resorts, and entertainment at national parks in the 2021-2030 period.

Mr. Roongrote Rangsiyopash, President & CEO of SCG, tells VnEconomy - Vietnam Economic Times about trends in the circular economy and SCG’s upcoming plans in Vietnam.

Minister of Natural Resources and Environment Tran Hong Ha presented an address at a conference on the circular economy.

On June 25, Mr. Saravoot Yoovidhya, CEO of TCP Group from Thailand announced a strong investment, commitment to sustainable development in Vietnam. Currently, TCP is implementing a program for sustainable management of water resources in Vietnam, Thailand and China. In the future, TCP Vietnam will continue to expand its product portfolio to meet the diverse and constantly changing needs of consumers.