Vietnam’s active participation in sustainable development

Deputy Prime Minister Vu Duc Dam

Deputy Prime Minister Vu Duc Dam made the remark at a business forum on Vietnam’s sustainable development held in Hanoi on February 21.

Deputy PM Dam who is also President of the National Council on Sustainable Development and Competitiveness Capacity said that the Vietnamese Government has adopted a national sustainable development strategy and devised an action plan on sustainable development.

Vietnam is also a staunch and pro-active member in regional and international activities regarding sustainable development.

The Vietnamese Government ardently encourages businesses to pay greater attention to sustainable development by improving competitiveness capacity, boosting administrative reform, creating a proper mechanism for natural resources and human resources allocation.

United Nations (UN) Country Director in Vietnam Pratibha Mehta applauded the Vietnamese business community’s efforts to promote sustainable development and green growth.

She also highlighted the importance of partnership between the business community and the Government under which the Government can issue policies aimed at encouraging business contributions to the sustainable development process.

Doing business along with the poor is also a topic of major concern at the forum. The use of the business model together with the poor will create more market opportunities for low-income earners as private companies are employing more than 50 percent of the world’s low-income earners.

 This year’s forum was held by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnamese Business Council for Sustainable Development and the British Council.

The forum discussed sustainable development initiatives like new business models, the effective use of energy, response to climate change and commune business model initiated by the British Council.