Deputy Prime Minister Tran Hong Ha speaks at the forum. (Photo: VNA) To contribute to achieving sustainable developmentgoals (SDGs) and fulfilling Vietnam’s relevant commitments, more investmentsshould be made in nature-based solutions to enhance ecosystem services, reducegreenhouse gas emissions, increase resilience to climate change, and create newopportunities for innovation and growth, he said.
Apart from big firms, small-and medium-sizedenterprises, which are considered the backbone of the national economy, should play arole in sustainable development, the Deputy PM stressed.
He suggested domestic enterprises study and put in placeregulations and criteria for sustainable development, promote the environmental,social, and governance (ESG) practice in business administration, join environmentalprotection efforts, and optimise achievements of the Fourth Industrial Revolutionand digital transformation to serve sustainable development.
The Deputy PM also affirmed the Government’s strong commitment to building a favourable legal environment for businesses to complete the SDGs.
With a strategic vision, the Party and the State have identified policies and roadmaps to perfect mechanisms, policies and laws on green economy, low-carbon economy and circular economy towards net zero emissions, he stressed.
The Government always listens to opinions of the business community and focuses on policies and pilot models for the Just Energy Transition Partnership (JETP) in an effort to create an “ecosystem” of the renewable energy industry.
The Government will issue more mechanisms and policies on enhancing green economy and circular economy, and supporting businesses in technology transformation and research and development centre building, while promoting personnel training with new mindset of taking people as the subject, centre, momentum and resources of development, he said.
Vice Chairman of the Vietnam Chamber of Commerce andIndustry (VCCI) and Chairman of the Vietnam Business Council for SustainableDevelopment (VBCSD) Nguyen Quang Vinh provided updates on global sustainablebusiness trends.
He stressed that the success of businesses shouldinclude their adaptation, resilience and recovery amid unprecedentedchallenges, as well as sustainable interests of the community, the society andthe environment.
Vinh also suggested businesses change value and supplychains towards sustainability.
The forum, jointly held by the VCCI and VBCSD, broughttogether more than 300 delegates, who discussed such issues as the circulareconomy, low carbon emissions, green supply chain, biodiversity preservation, andsustainable energy transition, among others./.
VNA
