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Assessment of Barriers to Development Eco-Industrial Parks in Vietnam

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

Author

Listed:
  • Hai Nguyen-Thi

    (VNU University of Economics and Business
    Vietnam National University)

Abstract

The key to sustainable development is to create a “green economy” that includes all three sectors: industry, people, and government. Therefore, there is an urgent need to develop and implement sustainable eco-industrial parks. However, the transformation orientation from traditional industrial zones to eco-industrial parks in Vietnam is still very new and faces many barriers. This study assesses the barriers affecting the development of eco-industrial parks in Vietnam using the analytical hierarchy process (AHP). The results show that the relative impact on environmental barriers is the largest (0.378), followed by organizational barriers (0.324) and technological barriers (0.298). This result implies that policymakers need to improve regulations and procedures as well as support resources for industrial zones, at the same time, emphasizing the need to raise awareness about the sustainable value of industrial zones and establish long-term partnerships with NGOs.

Suggested Citation

  • Hai Nguyen-Thi, 2023. "Assessment of Barriers to Development Eco-Industrial Parks in Vietnam," 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 21-37, Springer.
  • Handle: RePEc:spr:sprchp:978-981-99-0490-7_3
    DOI: 10.1007/978-981-99-0490-7_3
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