Domestic businesses are striving for green growth basing on three pillars of standardisation, digitalisation, and commercialisation, said a representative from the Business Association of High-Quality Vietnamese Products at a seminar on Vietnamese high-quality products and opportunities to success in the green economy in Ho Chi Minh City on March 14.
HCM City(VNA) – Domestic businesses are striving for green growth basing on threepillars of standardisation, digitalisation, and commercialisation, said arepresentative from the Business Association of High-Quality VietnameseProducts at a seminar on Vietnamese high-quality products and opportunities tosuccess in the green economy in Ho Chi Minh City on March 14.
The representativecalled on the business community to define clear missions, visions and implementation methods on the foundation of sustainable developmentprinciples, while working towards the green and circular economy by optimising the wholelife cycle of raw materials, forming a new value chain, and increasing thecompetitiveness of Vietnamese products.
Vu Thi Kim Hanh, President of the association said that this year, after 27years of implementing the High-Quality Vietnamese Goods Programme, theassociation will design new activities towards green growth.
A report jointlyconducted by the association and the Business Studies and Assistance Centre(BSA) showed that many green startups have successfully entered foreign markets in Europe, the US, the Republic of Korea and Japan.
Nguyen Hoang Linh,Vice Director of the Directorate for Standards, Metrology and Quality under theMinistry of Science and Technology underlined the need for a system of greenstandards in the green economy. He advised enterprises and businessassociations to update their production strategy and choose a suitable standardsystem to meet the demands of consumers inside and outside the country.
Economist Pham Chi Lan said that now that Vietnam has made strong commitments inimplementing green growth, the business community should actively improve theircapacity and drive consumers towards the green consumption direction.
Associations should assist businesses in multiplying green development models, turning them into a commontrend and a criterion for the recognition of high-quality products.
Vice Chairman of theVietnam Chamber of Commerce and Industry Vo Tan Thanh said that many policiesand mechanisms have been designed to encourage enterprises to transformtheir production using clean and renewable energy./.
Vietnam needs to step up the approval of big projects and those supporting green growth in order to achieve the target of carbon neutrality by 2050, according to Kazuo Kusakabe, Chief Representative of Toshiba Asia Pacific Pte Ltd in Hanoi.
The Cuu Long (Mekong) Delta Rice Research Institute (CLRRI) is working on improving specialty rice varieties and developing specialised rice-growing areas with high commodity value, in association with building trademarks for rice products in regional localities.
A workshop seeking ways to build a high-quality Vietnamese coffee chain associated with green growth and sustainable development was held in the Central Highlands province of Dak Lak on March 12 within the framework of the eighth Buon Ma Thuot Coffee Festival.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Illustrative image (Source: VNA) 
