SCIENTIFIC WORKSHOP “ROLE OF ENTERPRISES IN GREEN ECONOMIC DEVELOPMENT” (March 23, 2022)

9/5/2022 6:12:43 PM

On the morning of March 23, 2022, the Vietnam Economic Institute in collaboration with the Ministry of Industry and Trade held a seminar with the theme "The role of enterprises in green economic development". The workshop aims to contribute to the realization of the strategic orientation of the green economy according to the Prime Minister's Decision No. 1658/QD-TTg dated October 1, 2021 and to better define the role of businesses for green economic development.

Attending the Conference, on the guest side, there were Dr. Vu Quoc Tuan – Editor-in-Chief of Business and Commerce Magazine; Dr. Vo Tri Thanh - Director, Research Institute of Brand Strategy and Competition; Assoc.Prof.Dr. Pham Trung Luong – Institute of Environment and Sustainable Development; Mr. Pham Hoang Hai – Head of Partnership Development Committee, Vietnam Business Council for Sustainable Development, VCCI; Ms. Nguyen Thi Hai Binh – General Director of Super Truong Phat Plastic Group Joint Stock Company; Mr. Pham Tien Dung - Economica Vietnam. On the side of the Vietnam Institute of Economics, there was Assoc.Prof.Dr. Bui Quang Tuan - Director, Dr. Le Xuan Sang – Vice President, Dr. Pham Anh Tuan – Vice President and staff of the Institute. In addition, the workshop was attended by delegates from a number of research institutions and other organisations.

(Dr. Le Xuan Sang speaking at the opening of the workshop)

(Dr. Vo Quoc Tuan speaking at the opening of the workshop)

Opening the workshop with the presentation "Draft Action Plan to implement the National Strategy on Green Growth in Vietnam for the period of 2021-2030 with a vision to 2050", Assoc.Prof.Dr. Bui Quang Tuan mentioned the relationship of green growth and green economy; the national strategy on green growth for the period of 2021-2030 with a vision to 2050; develop an action plan to implement the green growth strategy in Vietnam. From that, the following conclusions are drawn: (i) Green economy and green growth is an inevitable trend, which Vietnam cannot fail to implement; (ii) If implementation is required, it is advisable to have an early implementation mindset to have orientation and design from the beginning, to avoid paying the price for intermediate "brown" solutions and missing the opportunity to go along with the project. world; (iii) Implementing a green economy and green growth with commitments to bring net emissions to "zero" is a huge challenge for both the State and businesses and each individual; (iv) The role of the State is to create a tectonic institution, the role of enterprises is to actively implement the transformation from brown to green with technology, digital transformation and modern governance; (v) The responsibility to implement the green economy must be the joint effort of the whole community, there must be linkage and coordination between the stakeholders.

(Assoc. Prof. Dr. Bui Quang Tuan presented at the workshop)

Dr. Vo Tri Thanh in the presentation "Green" enterprises and social responsibility" presented in detail about the market, enterprises, development issues in the economy; typical examples of green, circular production enterprises and some policy issues. Finally, the speaker gave the message that businesses need to learn how to live, how to manage many types of "shocks" (prices, commodity markets, financial-currency, epidemics, natural disasters...); learn how to enhance competitiveness through connectivity in GSCs/GVCs/Production Networks; learn to have a new vision and business strategy that is more efficient and more environmentally friendly.

(Dr. Vo Tri Thanh presented at the workshop)

Presenting a presentation with the topic "Enterprises join hands to eliminate ocean plastic waste from aquaculture activities", Ms. Nguyen Thi Hai Binh presented the current situation of Ocean waste from aquaculture activities, Specifically, the total amount of plastic waste generated from aquaculture activities is estimated at 64,143 tons/year, in addition, the amount of waste from aquaculture infrastructure is estimated at nearly 9,000 tons/year. Therefore, businesses need to participate in propaganda to convert infrastructure materials for aquaculture; Research and propose solutions to use sustainable materials from HDPE and composite to replace materials that cause environmental pollution; Introduce a multi-layer aquaculture model towards both farming and cleaning the environment, minimizing emissions into the marine environment for the purpose of eliminating ocean waste and protecting marine resources.

(Mrs. Nguyen Thi Hai Binh presented at the workshop)

Assoc.Prof.Dr. Pham Trung Luong presented in detail the perception of tourism development in the direction of green growth, the current situation of tourism development in the direction of green growth (TTX) and the problems posed for the development of green tourism in the field of tourism. Thesis "Development of tourism towards green growth: Some theoretical and practical issues in Vietnam". Accordingly, in order to develop green tourism, it is necessary to coordinate with stakeholders including state management agencies, businesses, tourists as well as the community.

(Assoc. Prof. Dr. Pham Trung Luong presented at the Workshop)

Continuing the program of the seminar, Mr. Pham Hoang Hai presented the presentation "The current status of the circular economy model of the FMCG industry in Vietnam". According to the results of surveys and desk research, 90% of enterprises have converted to a circular economy model, but 82% of them have converted at the primitive and intermediate levels. jar. The challenges presented are due to the fact that the pressure for transformation is not strong enough to make changes, the incentive mechanism for conversion is limited and inadequate, and there is a lack of appropriate information and models. The digital economy brings many opportunities as well as challenges to Vietnamese businesses, so it is necessary to overcome the limitations and challenges so that businesses can better transform.

(Mr. Pham Hoang Hai presented at the Workshop)

The relationship between corporate social responsibility (CSR) and green economy; Corporate social responsibility for the environment in terms of economy, law, humanity and in the context of climate change; a number of models and initiatives to implement social responsibility of enterprises for the environment such as forestry enterprises to strengthen the provision of forest environmental services, drip irrigation technology and convert production objects to save water and produce The production of unburnt lightweight concrete bricks was specifically presented by Mr. Pham Tien Dung in the presentation "Enterprises carry out social responsibility for the environment in a green economy".

(Mr. Pham Tien Dung presented at the Workshop)

Finally, the presentation on "Businesses recovering from COVID-19 in a green and resilient direction" by Dr. Ha Huy Ngoc. In the presentation, the speaker presented the green recovery trend in some countries around the world; Investment trend in green recovery in the corporate sector in Vietnam after the impact of the COVID-19 pandemic. From there, make some recommendations to the Government as well as to businesses to promote green recovery investment in the private sector.

(Dr. Ha Huy Ngoc presented at the Workshop)

In the discussion, Dr. Vu Quoc Huy shared and suggested the diagram of the model of the mass economy, the policies of countries on the mass economy, and the shortcomings and limitations of Vietnam's economic policy. Besides, Dr. Vu Quoc Huy wishes to have more research and actions to continue implementing the mathematical economy at a national scale.

(Dr. Vu Quoc Huy commented at the workshop)

Dr. Le Xuan Sang said that there are five groups of factors affecting the role and responsibility of enterprises in green economic development, namely supply group, demand group, technology factors, capital and the sustainability of the legal framework. From these factors, Dr. Le Xuan Sang raised open-ended questions to further improve the role and effectiveness of businesses in green economic development.

(Dr. Le Xuan Sang commented at the workshop)

Dr. Vo Tri Thanh believes that it is necessary to increase community awareness about green growth and strengthen the linkage of the Government, businesses and communities in the green transition process. In addition, it is necessary to have measurement criteria to evaluate the "real picture" of the green economy, the participation of businesses and the level of knowledge economy of Vietnam.

(Dr. Vo Tri Thanh commented at the seminar)

In the closing part, Assoc.Prof.Dr. Bui Quang Tuan summarizes a number of preliminary points including (i) It is necessary to review the opportunities and challenges of Vietnam in green transformation, green economic development, and economic development; (ii) The State plays an important role in the development of the green economy; (iii) Enterprises need to make more efforts in the transition from “brown” to “green”; (iv) There should be close coordination among actors involved in the green transition. Finally, Assoc.Prof.Dr. Bui Quang Tuan sincerely thanked the delegates for taking the time to attend and give their comments and suggestions for the Workshop.

(Assoc. Prof. Dr. Bui Quang Tuan speaking at the closing of the workshop)

The conference was a great success.