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Vietnam Today

PM chairs National Conference on Sustainable Development 2019

Released at: 14:22, 13/09/2019

PM chairs National Conference on Sustainable Development 2019

Photo: Ngoc Lan

Conference on September 12 in Hanoi discusses promoting a circular economy, expanding the PPP model, and improving human resources.

by Ngoc Lan

The National Conference on Sustainable Development 2019, themed “For a More Sustainable Development Decade”, was held on September 12 in Hanoi to discuss promoting a circular economy, expanding the public-private partnership (PPP) model, and improving human resources towards enhancing national competitiveness and sustainable development.

The conference was chaired by Prime Minister Nguyen Xuan Phuc and attended by Deputy Chairwoman of the National Assembly Tong Thi Phong, Deputy Prime Minister Vu Duc Dam, and over 700 representatives from the public and private sectors, NGOs, and international organizations.

Speaking at the conference, Prime Minister Phuc said the major participation of experts, businesses, and leaders affirmed that sustainable development is both an urgent need and an inevitable trend in the process of social development. “During its 30 years of renovation, Vietnam has simultaneously implemented many measures to promote sustainable development and recorded many important achievements, such as a stable macroeconomy,” he said. “Vietnam’s economic growth has been maintained at a high level and its quality raised.”

Deputy Prime Minister Dam affirmed that Vietnam has made great efforts to achieve the Millennium Development Goals and seen many results that are greatly appreciated by the international community. “Vietnam has also always shown a strong commitment to achieving the goals under the UN’s 2030 Agenda for Sustainable Development,” he said. “The government has issued a national action plan for sustainable development with 115 targets and integrated them into all policies and action plans.”

Dr. Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) and Chairman of the Vietnam Business Council for Sustainable Development (VBCSD), said that in order to better attract resources from the private sector for socioeconomic development as well as help the successful implementation of the Sustainable Development Goals, it is necessary to have solutions to promote PPPs, such as amending the Law on Investment to include the investment form and management agencies changing their oversight and capacity building methods to facilitate PPP investment.

While in a traditional linear economy manufacturers take natural resources from the extraction of raw materials to make products and services before discarding waste in either landfills or oceans, a circular economy is a sustainable alternative. In a circular economy, manufacturers minimize negative environmental impacts by using innovative measures to maximize the life cycle of all resources used. At the conference, Heineken Vietnam’s showed that its circular economy not only reduces waste but creates value from waste.

Mr. Matt Wilson, Corporate Affairs Director at Heineken Vietnam, said sustainability is a core part of its purpose and long-term vision. “We hope we can encourage more businesses in Vietnam to think of their own sustainable development journey and how they can apply circular economy strategies to reduce waste and preserve scarce natural resources,” he added.

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