Vietnam and Japan collaborate for green growth

At the Vietnam-Japan Research Forum on February 15, experts from the Central Institute for Economic Management (CIEM) and the Graduate School of Public Policy, University of Tokyo (GraSPP), shared insights and recommendations on the issue of green growth. 

CIEM's Director Tran Thi Hong Minh emphasized the significance of Vietnam collaborating with other countries to address environmental challenges and climate change. 

The impact of conflicts and climate change risks globally has exceeded the capacity of people and businesses to endure, according to Toshiro Nishizawa from GraPP. 

On the other hand, Professor Sudo Tomonori from Ritsumeikan Asia-Pacific University sees green growth as a feasible solution to guarantee a sustainable future while providing significant economic and social benefits over time. 

The main areas to promote green growth in Vietnam include industry and services, wind power, biomass, solar energy sharing, organic aquaculture, organic farming, organic fertilization, small hydropower, and wooden architecture. 

To support green growth, experts recommend raising awareness and education on the matter. Vietnam's top economic partner, Japan, has great potential for collaboration in the field of green growth. 

The two countries have signed a Low Carbon Growth Partnership Agreement for 2021-2030, with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Indian Ocean-Pacific Economic Framework (IPEF) having cooperation content related to green growth. 

Speakers suggested that Japan and Vietnam have potential for cooperation in the fields of electrical and electronic equipment, wooden architecture, wind power, biomass power, solar power sharing, organic aquaculture, and organic farming.

Source: Tap chi Doanh nghiep Viet Nam