Faced with challenges related to climate change, energy security, and water resources, all countries are required to innovate their growth models to seize new opportunities towards sustainable development. Among them, green growth is being prioritized by many nations.
Minister of Planning and Investment Nguyen Chi Dung stated that in Vietnam, green growth aiming for economic prosperity, environmental sustainability, and social equity is an imperative choice. This is also an opportunity for Vietnam to become a pioneering country in the region, aligning with global development trends and working towards the commitment of achieving zero net waste by 2050.
“Vietnam has identified green growth as a long-term choice to ensure a balanced goal of reducing total greenhouse gas emissions, alongside the increasingly developing and scaling economy. Green growth must truly be a process of transformation in awareness, in production, consumption, and policy-making mindset. It especially needs specific green transformation solutions based on innovative scientific and technological platforms,” Minister Nguyen Chi Dung emphasized.
Many businesses today have recognized the imperative nature of achieving green transformation goals. Mr. Than Duc Viet, General Director of May 10 Corporation, believes that in key export markets of Vietnam, more and more countries are setting standards for green production. Alongside this trend, consumers tend to care more about environmental protection in addition to product quality and prices. Therefore, green production is a goal that businesses must aim for.
“At May 10 Corporation, we are determined to be a green manufacturer, using green energy and fuel. Secondly, we use products from green sources, such as organic or recycled products. Thirdly, we use green factories for workers’ environments. Currently, we are focusing heavily on the growth rate of using green products, which is increasing year by year,” expressed Mr. Than Duc Viet.
According to recent assessments by the European Commission, the global market scale for green products and services is estimated to exceed USD 5,000 billion and is expected to grow much faster than traditional markets. By 2030, the green economy is projected to create around 24 million new jobs globally. Beyond economic benefits, the green economy also creates opportunities to attract investors strongly in various new sectors, including renewable energy, smart transportation, smart agriculture, green urban development, green construction, and green finance.
Source: Nguyen Hang/VOV1
