Green growth’s necessary inevitability

(VOV) - It is essential for Vietnam to approach green growth and build green economy to pursue sustainable development goals.

Deputy Minister of Planning and Investment Nguyen The Phuong says the country is faced with a number of challenges in implementing the 2011–2015 socio-economic development plan and the 2011–2020 socio-economic development strategy, particularly in protecting macroeconomic health, environmental preservation, and social welfare.

To achieve the goal, Vietnam must improve the quality of growth, avoid middle income traps and defend itself against the potentially devastating impacts of climate change.

Macroeconomic Policy

Vietnam is confronting the repercussions of environmental degradation and industry’s reckless natural resource management, unbalanced labour development,, and a rural and urban area wealth gap. Unchecked urbanisation wreaks environmental havoc and can even increase poverty.

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Despite noting Vietnam’s specific green growth targets, a World Bank representative recommends that the country focus specific goals such as green growth plans at local levels and strengthening the capacity for institutional supervision of the strategy’s implementation.

Ministries, departments, legislators, and the private sector should coordinate with each other during the implementation process.

Pham Hoang Mai, Head of the Ministry of Planning and Investment’s Department for Science, Education, and Natural Resources, says Vietnam’s national green growth strategy looks to 2050 and targets low carbon growth, green production, and green lifestyles. It sets Vietnam on the path towards carbon usage reductions and greenhouse gas emission minimisation and amelioration.

Experts believe the universal acceptance of green growth guidelines is an inevitable long-term sustainable economic development trend.

Deputy Head of the Ho Chi Minh City Deputies Delegation Tran Du Lich says promoting green growth is an effort to reclaim what has been lost in the drive towards development.

Successfully fostering low-carbon industries and clean technologies is very difficult. Green economic restructuring rests heavily on the effectiveness of Government, ministry, and department macroeconomic policies.

Environmental protection

Quang Nam province is one of Vietnam’s green growth leaders. Provincial authorities are consolidating the ecological credentials of Hoi An and Sapa’s green tourism models and sustainable management of the Republic of Korea’s Suwon and green urban development of the US’s Portland.

Quang Nam People’s Committee Chairman Le Phuoc Thanh says the province will soon boast a completed action plan tailored to a green growth roadmap.

Quang Nam will host a green growth forum every two years to evaluate the progress made along this roadmap and adjust the province’s course if developments demand it.

Hanoi has a green growth strategy implementation plan for the 2011–2020 period that will require the united efforts of its citizens and governing institutions.

Hanoi is also targeting rapid and sustainable development, environmental protection, and climate change adaption. It wants to push advanced industry and green technology to 42–45 percent of gross regional domestic product (GRDP), reduce greenhouse gas emissions by 8-10 percent from 2010 levels, increase urban green tree coverage to 10–12 sq.m per person, and secure universal access to safe water. All businesses are encouraged to embrace environmentally friendly technologies and all industrial and processing zones are required to meet waste water treatment system standards.