Circular economy – The foundation for Vietnam’s sustainable development

At “Inception Conference to develop National Action Plan for implementing Circular Economy in Viet Nam” on June 28, 2022, Minister of Natural Resources and Environment Tran Hong Ha emphasized, “Circular economy is the solution so that we can continue to firmly believe on the path to sustainable development, along with the green economy and low carbon economy.”

Urgent issues for Net Zero goals and sustainable development

Speaking at the opening ceremony at the “Inception Conference to develop National Action Plan for implementing Circular Economy in Viet Nam”, Minister of Natural Resources and Environment Ha, Tran Hong shared the benefits and importance of the circular economy model, as well as its urgent role in the context of climate change, become worse, Vietnam is working with countries around the world to achieve “zero” net emissions by 2050, as well as the execution of the UN’s Sustainable Development Goals (SDGs).

According to a World Meteorological Organization report published in May 2022, four key climate change indicators, including greenhouse gas concentrations, sea-level rise, ocean heat, and ocean acidification, established new records in 2021. The UN also warns that the earth’s ecosystems are continuing to degrade or change; biodiversity is deteriorating faster than at any other time in human history, impeding the SDGs implementation and exacerbating the challenges of climate change, health, food security, and water resources.

To combat climate change and achieve sustainable development, many countries including Vietnam, made significant commitments at COP26 to reduce greenhouse gas emissions to reach “zero” net emissions by 2050. The emphasis is on transforming the energy structure to prioritize clean and renewable energy.

In this context, the circular economy is seen as the foundation for creating the “golden key” to assist Vietnam in meeting its Net Zero goal, as well as contributing to mitigating climate change and environmental degradation for sustainable development.

Minister of Natural Resources and Environment Ha, Tran Hong said “The need for a more effective economic model of resource usage, climate change prevention, pollution reduction, and environmental deterioration is currently an important issue. That is the circular economy.”

kinh-te-tuan-hoanHa Tran Hong, Minister of Natural Resources and Environment, gave the conference’s opening speech (Image source: VnEconomy)

According to Minister Ha, Tran Hong, circular economic development displays the nation’s responsibility in fulfilling its climate change commitments while improving the economy’s and businesses’ competitiveness. The circular economy model has many benefits, including helping to reduce greenhouse gas emissions throughout the value chain; utilizing used materials rather than spending on processing costs; reducing exploitation and making the most of natural resources; reducing emissions and solid waste into the environment. The circular economy helps reduce business risks and the crisis of product overproduction and resource scarcity; it creates incentives to invest, innovate technology, reduce production costs, and expand supply chains… Simultaneously, society will benefit from lower costs in managing, safeguarding the environment, and reacting to climate change, as well as the creation of new markets, opportunities, and employment, as well as improvements in people’s health.

Many recommendations for developing a circular economy model in Vietnam

Many recommendations were given during the Conference to develop the circular economy model in Vietnam. Caitlin Wiesen, the Resident Representative of the United Nations Development Programme in Vietnam, made four recommendations in particular: Vietnam should frame a program for green economic recovery following the Covid-19 pandemic, with a focus on transforming the economy to circular; promote smart cities and towns; promote sustainable production and consumption; and focus on developing renewable energy to achieve green economic goals.

kinh-te-tuan-hoanRenewable energy should be prioritized for development to meet green economic targets

Meanwhile, Mr. Nghia, Bui Trung, Vice President of the Vietnam Chamber of Commerce and Industry – VCCI, has given five specific short- and long-term recommendations to continue strengthening collaboration between the State, the Government, and Businesses in promoting the circular economy. The recommendations include: (1) developing mechanisms to encourage the transition to a circular economy model; (2) promoting and participating in effective international cooperation in international agreements and commitments on combating climate change and green development; (3) concentrating on building circular economic models in a number of successful sectors and sectors to serve as a basis for dissemination and replication; (4) supporting the approach to public-private partnership investment to mobilize as many stakeholders’ resources as possible; (5) investing in the capacity and role of business representative organizations to enhance their ability to gather and dialogue, comments on improving economic institutions and policies, disseminating legal policies, propagating to raise awareness of the business community about the circular economy, assisting businesses to integrate internationally with high standards…

“Vietnam must establish policies and take real actions to attract and encourage the participation of many economic sectors and communities to promote green development and reduce emissions,” said Mr. Nghia, Bui Trung, Vice President of the VCCI.

On June 28th, 2022, the Ministry of Natural Resources and Environment coordinated with related units and organized the “Inception Conference to develop National Action Plan for implementing Circular Economy in Viet Nam”. The conference is significant since it is the first time a conference on circular economy has been conducted in Vietnam, with numerous international organizations, businesses, and leading experts on this economic model participating.

The Ministry of Natural Resources and Environment and the United Nations Development Programme (UNDP) officially launched the Viet Nam Circular Economy Hub as part of the conference. The Viet Nam Circular Economy Hub was established in collaboration with the Ministry of Natural Resources and Environment and the UNDP, with assistance from the Norwegian, Finnish, and Dutch embassies.

Vu Phong Energy Group

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循环经济 越南可持续发展的基础

在 2022 年 6 月 28 日举行的“制定越南实施循环经济国家行动计划启动会议”上,自然资源和环境部长 Tran Hong Ha 强调,“循环经济是解决方案,我们可以继续坚信 可持续发展的道路,以及绿色经济和低碳经济。”

净零目标和可持续发展的紧迫问题

在“制定越南实施循环经济国家行动计划启动会议”开幕式上,自然资源和环境部长陈洪分享了循环经济模式的好处和重要性,以及其迫切需要 在气候变化的背景下,越南的作用变得更糟,越南正在与世界各国合作,到 2050 年实现“零”净排放,以及执行联合国可持续发展目标 (SDGs)。

根据世界气象组织2022年5月发布的报告,温室气体浓度、海平面上升、海洋热量、海洋酸化等4个关键气候变化指标在2021年创下新纪录。联合国还警告说,地球的生态系统正在 继续退化或变化; 生物多样性的恶化速度比人类历史上任何时候都快,阻碍了可持续发展目标的实施,并加剧了气候变化、健康、粮食安全和水资源方面的挑战。

为应对气候变化和实现可持续发展,包括越南在内的许多国家在 COP26 上做出了重要承诺,即到 2050 年将温室气体排放量减少到“零”净排放量。重点是转变能源结构,优先考虑清洁和可再生能源。

在此背景下,循环经济被视为打造“金钥匙”的基础,以帮助越南实现其净零排放目标,并有助于缓解气候变化和环境退化以实现可持续发展。

自然资源和环境部长 Ha, Tran Hong说 “需要一种更有效的资源利用经济模型、预防气候变化、减少污染和环境恶化是当前的一个重要问题。 那就是循环经济.”

kinh-te-tuan-hoanHa Tran Hong, 自然资源与环境部部长致会议开幕词(图片来源:VnEconomy)

据部长介绍 Ha, Tran Hong, 循环经济发展体现了国家在履行气候变化承诺的同时提高经济和企业竞争力的责任。 循环经济模式有很多好处,包括有助于减少整个价值链的温室气体排放; 利用使用过的材料,而不是花费在加工成本上; 减少开采并充分利用自然资源; 减少排放和固体废物进入环境。 循环经济有助于降低商业风险,降低产品生产过剩和资源稀缺的危机; 它创造了投资、创新技术、降低生产成本和扩大供应链的激励措施……同时,社会将受益于管理、保护环境和应对气候变化以及创造新市场的成本降低, 机会和就业,以及人们健康状况的改善。

在越南发展循环经济模式的许多建议

会议期间提出了许多建议,以发展越南的循环经济模式。 联合国开发计划署驻越南代表凯特琳·维森特别提出了四项建议:越南应在 Covid-19 大流行之后制定绿色经济复苏计划,重点是将经济转变为循环经济; 推广智慧城市和城镇; 促进可持续生产和消费; 重点发展可再生能源,实现绿色经济目标。

kinh-te-tuan-hoan应优先发展可再生能源以实现绿色经济目标

同时, Mr. Nghia, Bui Trung, 越南工商会副会长 – VCCI 提出了五项具体的短期和长期建议,以继续加强国家、政府和企业之间在促进循环经济方面的合作。建议包括:(1)制定机制,鼓励向循环经济模式过渡; (二)在应对气候变化和绿色发展的国际协议和承诺中促进和参与有效的国际合作; (三)着力在一些成功的行业和领域建立循环经济模式,作为推广和复制的基础; (4) 支持公私合作投资的方式,以尽可能多地调动利益相关者的资源; (5) 投资于企业代表组织的能力和作用,以增强其聚集和对话的能力,就改进经济制度和政策提出意见,宣传法律政策,宣传提高企业界对循环经济的认识,协助企业以高标准融入国际…

“越南必须制定政策并采取实际行动来吸引和鼓励许多经济部门和社区的参与,以促进绿色发展和减少排放,”说 先生. Nghia, Bui Trung, VCCI 副总裁.

2022年6月28日,自然资源与环境部会同有关单位组织召开了“制定越南实施循环经济国家行动计划启动会议”。 此次会议意义重大,因为这是越南首次举办循环经济会议,众多国际组织、企业和该经济模式的领先专家参加了会议。

作为会议的一部分,自然资源与环境部和联合国开发计划署(UNDP)正式启动了越南循环经济中心。 越南循环经济中心是在挪威、芬兰和荷兰大使馆的协助下,与自然资源和环境部以及联合国开发计划署合作建立的。

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