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The Road to Circular Economy in Vietnam: The Policy Review of Vietnam Green Growth Strategy

In: Contemporary Economic Issues in Asian Countries: Proceeding of CEIAC 2022, Volume 2

Author

Listed:
  • Chinh Cong Tran

    (Vietnam National University)

  • Giang Thi Huong Nguyen

    (Vietnam National University of Agriculture)

Abstract

Vietnam green growth strategy (VGGS) is an important policy toward circular economy. The joint statement of ASEAN leaders held in Hanoi in April 2010 on sustainable recovery and development has encouraged green growth, including long-term investment in sustainable development and sustainable use of resources to diversify and ensure the adaptability of the economy. The strategy has been one of the top priorities since officially promulgated through decision (Decision No., 1393/QD-TTg Dated Sept 25, 2012, on the Approval of the national green growth strategy of Vietnam, 2012). The strategy concentrates on four important fields, including reduction of greenhouse gas emissions, green production, green lifestyle and sustainable consumption, and green transformation process. This chapter aims to analyze the institutional developments, implementation as well as limitations of the VGSS.

Suggested Citation

  • Chinh Cong Tran & Giang Thi Huong Nguyen, 2023. "The Road to Circular Economy in Vietnam: The Policy Review of Vietnam Green Growth Strategy," Springer Books, in: An Thinh Nguyen & Thu Thuy Pham & Joon Song & Yen-Ling Lin & Manh Cuong Dong (ed.), Contemporary Economic Issues in Asian Countries: Proceeding of CEIAC 2022, Volume 2, pages 263-280, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-0490-7_16
    DOI: 10.1007/978-981-99-0490-7_16
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