Page 12 - Layout 1

COVER STORY

KEEPING IN STEP

As both are inexorable trends around the world, green growth and sustainable
development not only present challenges but also opportunities for countries,
localities, and businesses that are quick to adapt.

TUYEN MY Reports

he trend towards green growth and by the Ministry of Foreign Affairs and Tap tainable development, requiring a harmonious
sustainable development has become Chi Kinh Te Vietnam (VnEconomy) - Viet- combination of socio-economic development
T more widespread as Vietnam imple- nam Economic Times on April 8 in Ho and environmental protection. Vietnam soon
ments its five-year socio-economic devel- Chi Minh City, just prior to the latter’s identified green growth as the path towards
opment plan and socio-economic restruc- Golden Dragon Awards ceremony. sustainable development and has made every
turing in the 2021-2025 period. “The new context also poses many urgent effort to implement the SDGs.
requirements that the world as well as Viet- Its policy on green growth is reflected
BEYOND FDI ATTRACTION nam need to pay attention to, or else negative in the National Green Growth Strategy
To fulfill the goals set by the National consequences will directly affect the recovery for the 2011-2020 period and vision to
Assembly (NA), gathering resources and process and the quality of growth and devel- 2050, in Decision No. 1393/TTg dated
transitioning to a green growth model opment,” he went on. “The circumstances September 25, 2012, and the National
amid the safe and flexible adaptation to provide major motivation for us to be deter- Green Growth Action Plan for the 2014-
and effective control over the Covid-19 mined and to accelerate the transition from 2020 period in Decision No. 403/TTg
pandemic are the main long-term solutions awareness to action and to ceaselessly act dated March 20, 2014. In particular, green
that will help build the country’s economic to achieve the goals set.” growth is defined as growth based on a
resilience and sustainable development, The UN set eight Millennium Develop- process of changing the economic growth
Mr. Ta Dinh Thi, NA Deputy and Vice- ment Goals (MDGs) in the early 2000s, and model, restructuring the economy to take
Chairman of the NA’s Committee on Sci- by 2015 had identified 17 Sustainable Devel- advantage of comparative advantages,
ence, Technology and Environment told opment Goals (SDGs). Green growth is iden- improving the efficiency and competitive-
the Vietnam Connect Forum 2022, held tified as an important component of sus- ness of the economy through research and

10 | VIETNAM ECONOMIC TIMES | MAY 2022 www.en.vneconomy.vn