Green development and trade opportunities it can bring to Vietnam were the focus of a workshop held in Hanoi on May 27.
Deputy Chief of the Office of the National Committee for InternationalEconomic Cooperation, Trinh Minh Anh, said green growth and developedenvironmental industries will support export by helping products meetstrict requirements of importers worldwide.
He pointedto the fact that most Vietnamese businesses have yet to meetenvironment-related requirements due to weak financial capacity andoutdated technology.
He went on to note that theGovernment should concentrate on research efforts to establish thenational criteria for eco-products and environmental services.
According to Nguyen Huy Hoan, deputy head of the Industry and TradeMinistry's Science and Technology Department, the industry and tradesector aims to reduce greenhouse gas emission by up to 10 percent in2020 compared to 2010 level.
He said this year, theministry will calculate and set targets on emission and energyconsumption reduction for the electricity, chemical fertilizer and steelindustries. The ministry will then build the targets for otherindustries including oil refinery, paper, industrial ceramics, drinksand textiles and garment during the next two years.
The Ministry of Planning and Investment reported that Vietnam will needapproximately 30 billion USD to implement its green growth strategy butthe State budget can only fulfil about 30 percent of the estimated sum.
In a bid to address the financial shortage issue,Nguyen Tuan Anh, deputy head of the Department of Science, Education,Natural Resources and Environment under the Ministry of Planning andInvestment, proposed building a legal framework, boosting the engagementof the private sector and launching pilot green models.
The economic community should enhance their awareness about greenproduction and switch to suitable technology, given the growing demandfor eco-products in both domestic and foreign markets, he stated.
The Institute for Trade Studies & Research in collaboration withthe European Trade Policy and Investment Support Project (EU-MUTRAP)organised the workshop.-VNA
Deputy Chief of the Office of the National Committee for InternationalEconomic Cooperation, Trinh Minh Anh, said green growth and developedenvironmental industries will support export by helping products meetstrict requirements of importers worldwide.
He pointedto the fact that most Vietnamese businesses have yet to meetenvironment-related requirements due to weak financial capacity andoutdated technology.
He went on to note that theGovernment should concentrate on research efforts to establish thenational criteria for eco-products and environmental services.
According to Nguyen Huy Hoan, deputy head of the Industry and TradeMinistry's Science and Technology Department, the industry and tradesector aims to reduce greenhouse gas emission by up to 10 percent in2020 compared to 2010 level.
He said this year, theministry will calculate and set targets on emission and energyconsumption reduction for the electricity, chemical fertilizer and steelindustries. The ministry will then build the targets for otherindustries including oil refinery, paper, industrial ceramics, drinksand textiles and garment during the next two years.
The Ministry of Planning and Investment reported that Vietnam will needapproximately 30 billion USD to implement its green growth strategy butthe State budget can only fulfil about 30 percent of the estimated sum.
In a bid to address the financial shortage issue,Nguyen Tuan Anh, deputy head of the Department of Science, Education,Natural Resources and Environment under the Ministry of Planning andInvestment, proposed building a legal framework, boosting the engagementof the private sector and launching pilot green models.
The economic community should enhance their awareness about greenproduction and switch to suitable technology, given the growing demandfor eco-products in both domestic and foreign markets, he stated.
The Institute for Trade Studies & Research in collaboration withthe European Trade Policy and Investment Support Project (EU-MUTRAP)organised the workshop.-VNA
