Circular economy practices are believed to have substantial benefits for the sustainable development of enterprises (Photo: VNA)Hanoi (VNA) – A breakout session on circulareconomy was held on September 24 as part of the Vietnam CorporateSustainability Forum 2020.
The event, organised by the Vietnam BusinessCouncil for Sustainable Development (VBCSD) under the Vietnam Chamber ofCommerce and Industry (VCCI) and the Green Growth Sector Committee of EuroCham,was attended by about 100 delegates in person and over 300 others online.
Opening the workshop, VCCI Chairman and VBCSDCo-Chairman Vu Tien Loc said the transition to a circular economy will helpguarantee the security of raw material supply, respond to climate change,promote innovation, enhance competitiveness, and create new job opportunities.
Encouraging Vietnamese businesses to adoptcircular economy practices is one of the key priorities of the VBCSD-VCCI, henoted, adding that the VBCSD-VCCI launched an initiative in 2018 to assistfirms in this regard as it realised such practices’ substantial benefits forthe sustainable development of enterprises as well as the realisation of thenational action programme to carry out the 2030 Agenda for SustainableDevelopment.
Participants were updated on circular economypolicies in Vietnam, circular economy principles in construction, andexperience in applying the circular economy model by some outstandingbusinesses and organisations like PRO Vietnam, Vinamilk, Siam City CementVietnam, and BASF Vietnam.
The Vietnam Corporate Sustainability Forum isthe most important annual dialogue promotion activity of the VBCSD-VCCI.
This year’s event focuses on sustainablecorporate governance, circular economy promotion in response to climate change,and public-private partnership, which are also major issues needing to be dealtwith to boost inclusive and sustainable socio-economic growth in 2021-2030.
Opinions at breakout sessions will be consideredto be submitted to the forum’s plenary session slated for November 2 andreported to the Government./.
VNA
