Circular economic development in Vietnam

Authors

  • DANG HOANG VU
  • DO THE SON
  • HOANG THI THU HOAI
  • VU THI CAM TU
  • VU THI HANH THU

Keywords:

Circular economy, resource depletion, environmental pollution, climate change, Vietnam

Abstract

 In Vietnam, economic activity has so far been mainly based on the traditional approach, which is linear economy. This is also the basic cause leading to the shortage of natural resources and especially causing serious environmental pollution. In order to realize rapid and sustainable development, to harmoniously deal with the relationship between economic growth and environmental protection, to "do not trade off" economic growth with environmental pollution and degradation, to switch to an eco-friendly economy. circular economy is the right direction. However, this transformation requires seizing the opportunities and accepting the challenges that need to be overcome. The article analyzes opportunities and challenges of circular economy development and proposes solutions to promote circular economy development for Vietnam in the coming time.

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Published

2021-10-30

How to Cite

VU, D. H. ., SON, D. T. . ., HOAI, H. T. T. . ., TU, V. T. C. . ., & THU, V. T. H. . . (2021). Circular economic development in Vietnam. The Journal of Contemporary Issues in Business and Government, 27(5), 569–576. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2005

Issue

Vol. 27 No. 5 (2021): The journal of contemporary issues in business and government

Section

Articles

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