To grow sustainably and keep up with the worldwide trend of green consumption, Vietnamese companies must encourage the green transformation of their production and export processes.
Speaking at the Vietnam Export Promotion Forum 2023, which focused on green export promotion and was organized by the Department of Trade Promotion (Ministry of Industry and Trade) in coordination with the Swiss Import Promotion Program, on November 24, in Hà Nội, was Deputy Minister of Industry and Trade Đỗ Thắng Hải. The forum's objectives are to explore workable solutions for green export and development as well as helpful solutions that help companies satisfy import market demands.
Hải stated in his introductory speech that the ideas of green export and green growth were not novel. Green growth, green development, and the circular economy have gained popularity around the world as viable approaches to lowering greenhouse gas emissions and bolstering economic stability as we move closer to carbon neutrality and sustainable development.
One of the key responsibilities in Việt Nam's 10-year socioeconomic development strategy 2021–2030, the Goods Import and Export Strategy to 2030, and the National Strategy on Green Growth for 2021–2030 timeframe, vision to 2050, is, according to the Deputy Minister, green and sustainable development. In the meantime, numerous industrialized nations have implemented more stringent environmental laws for imported commodities, as the EU's Carbon Border Adjustment Mechanism (CBAM); Farm
In the meantime, a number of developed nations have implemented more stringent environmental laws pertaining to imported commodities. Examples of these laws include the EU's Farm to Fork Strategy, EU's Circular Economy Action Plan, EU Biodiversity Strategy for 2030, and EU Carbon Border Adjustment Mechanism (CBAM).