Back
 LCE  Vol.7 No.1 , March 2016
Green Economy Development in Vietnam and the Involvement of Enterprises
Abstract: Vietnam has become increasingly integrated into the global economy since its accession to the WTO in 2007, which is not only beneficial, but also detrimental. Membership was almost immediately followed by the 2008 global financial crisis which, along with Europe’s escalating public debt, dramatically slowed Vietnam’s, at that time, rapidly developing economy. To mitigate the persisting effects of that economic shock and facilitate growth sufficient to the needs of its citizens, Vietnam is obligated to reevaluate the sustainability of its “brown economy” and develop strategies toward the adoption of a “green economy” growth model. Vietnam is fortunately located in a region that has been experiencing dramatic economic development and with its neighboring countries, many advantageous social and legal conditions for the development of a green economy. Yet, Vietnam’s economy persists in being driven by a brown growth model which is characterized by reliance on raw materials production, the consumption of unsustainable quantities of fossil fuels and natural resources and burgeoning environmental pollution. This paper provides a nation-level analysis of green technology development in Vietnam by using the data from the National Office of Intellectual Property to analyze the extent to which green technology constitutes technology use in Vietnam. Vietnamese enterprises were interviewed to gain insight and data regarding the development and renovation of green technology. Given this situation, an assumption is made that initial growth in greening the economy is primarily driven by enterprises. Greening economy can start from technology renovation and it was hypothesized that such renovation would have been due to both knowledge-based labor and outside support. It was also hypothesized that green economy can be pushed under the outside pressure on Vietnamese enterprises. This paper was designed to test these hypotheses.
Cite this paper: Thuy Ngoc, H. and Tu Anh, N. (2016) Green Economy Development in Vietnam and the Involvement of Enterprises. Low Carbon Economy, 7, 36-46. doi: 10.4236/lce.2016.71004.
References

[1]   UNIDO (2012) Toward Green Growth through Green Industry Development in Vietnam.
http://www.unido.org/fileadmin/user_media_upgrade/Worldwide/Offices/ASIA_and_PACIFIC/vn_Green_ Growth_Through_Green_Industry_Development_in_VietNam_June2012.pdf

[2]   Allen, C. (2012) A Guidebook to the Green Economy, Issue 3: Exploring Green Economy Policies and International Experience with National Strategies. UN Division for Sustainable Development.

[3]   Nguyen, T.H., et al. (2010) Preliminary Study on Sustainable Low-Carbon Development towards 2030 in Vietnam. Asia-Pacific Integrated Model Team, GCOE on Human Security Engineering for Asian Megacities-Kyoto University in Corporation with National Institute for Environmental Studies.

[4]   Tuan, N.A. (2013) Policies and Solutions for Renewable Energy Development in Vietnam.
http://www.ievn.com/tin-tuc/Chinh-sach-va-giai-phap-thuc-day-phat-trien-nang-luong-tai-tao-o-viet-nam-5-1029.aspx

[5]   Rogall, H. (2011) Nachhaltige Okonomie-Okonomische Theorie und Praxis einer nachhaltigen Entwicklung.

[6]   Earthsummit (2012) Principles for the Green Economy: A Collection of Principles for the Green Economy in the Context of Sustainable Development and Poverty Eradication.

[7]   OECD (2011) Towards Green Growth: A Summary for Policy Makers. OECD, Paris.

[8]   UNEP (2011) Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication. UNEP, Nairobi.

[9]   UN (2012) Working towards a Balanced and Inclusive Green Economy: A United Nations System-Wide Perspective.

[10]   UNESCO (2011) From Green Economies to Green Societies. UNESCO, Paris.

[11]   UNEP (2010) Green Economy-Developing Countries Success Stories. UNEP, Nairobi.

[12]   Stern. N. (2007) The Economics of Ecosystems and Biodiversity: Mainstreaming the Economics of Nature: A Synthesis of the Approach. Conclusions and Recommendations, TEEB.

[13]   Robins, N., et al. (2010) Green Austerity Hits the UK. HSBC Global Research, Climate Change, London.

[14]   OECD (2011) A Green Growth Strategy for Food and Agriculture-Preliminary Report. OECD, Paris.

[15]   UNEP (2010) Green Economy: Driving the Green Economy through Public Finance and Fiscal Policy Reform. UNEP, Nairobi.

[16]   Stephenson, J. and Upton, S. (2010) Strategies for Green Growth: Framing and Issues. OECD.

[17]   Tuan, B.Q. (2011) Exploitation and Usage of Green Energy in Vietnam. International Conference Proceeding “Green Growth Strategy in Korea and Implications for Vietnam”, Eastern North of Asia Study Institute.

[18]   Thuan, N.Q. and Trung, N.X. (2012) Green Economy in the Renovation of Growth Model and Restructure of Vietnamese Economy in the Coming Period. Workshop “Spring Economic Forum 2012: Vietnam Economy 2012: Aggressive Start-Up for the Restructure of the Economy”, The National Assembly Committee, Danang, 7-8 April 2012.

[19]   Hai, N.N., Huy, N.T. and Hien, P.M. (2013) Conditions for Green Economy in Vietnam. Workshop Proceeding “Green Economy Development based on Interlectual Property Exploitation: Problems Raised”, Foreign Trade University, Hanoi, December 2013.

[20]   Hao, D.H. (2014) Industrial Suggestion for Environmental and Economical Protection.
http://cantho.gov.vn/wps/wcm/connect/sotnmt/sub+site/sitemenu/linhvucquanly/linh+vuc+khoa+hoc+ cong+nghe/cong+nghe+xanh-loi+giai+cho+bai+toan+bao+ve+moi+truong+va+kinh+te

[21]   Nguyen, H. (2014) Doanh nghiep nho và vua Viet Nam: Tang suc manh “bó Dua”.
http://www.vietnamplus.vn/doanh-nghiep-nho-va-vua-viet-nam-tang-suc-manh-bo-dua/260411.vnp

[22]   Cuong, T.T., Sang, L.X. and Anh, N.K. (2008) Vietnam’ Small and Medium Sized Enterprises Development: Characteristics, Constraints and Policy Recommendations. In: Lim, H., Ed., SME in Asia and Globalization, ERIA Research Project Report 2007-5.

[23]   Kuzets, S. (1962) Inventive Activity: Problems of Definition and Measurement. In: National Bureau of Economic Research, The Rate and Direction of Inventive Activity, Princeton University Press, Princeton.

[24]   Sanders, B.S. (1962) Some Difficulties in Measuring Inventive Activity. In: National Bureau of Economic Research, The Rate and Direction of Inventive Activity, Princeton University Press, Princeton.

[25]   Grabowski, H. (1967) The Determinants and Effects of Industrial Research and Development. Ph.D Dissertation, Princeton University, Princeton.

[26]   Bezanson, K. (2000) A Science Technology and Industry Strategy for Vietnam. A Document Prepared as Part of UNDP/UNIDO Project DP/VIE/99/002: Vietnam-Contribution to the Preparation of the Socio-Economic Development Strategy to the Year 2010, UNIDO.

[27]   National Science Foundation (1956) Science and Engineering in American Industry. National Science Foundation, Washington DC.

[28]   Grabowski, H. (1966) The Determinants and Effects of Industrial Research and Development. Econometric Research Program, Research Memorandum No. 82, Princeton University, Princeton.

[29]   Rand, J. and Tarp, F. (2007) Characteristics of the Vietnamese Business Environment: Evidence from a SME Survey in 2005. Component 5-Business Sector Research, Business Sector Program Support, CIEM, DoE, ILSSA.

[30]   Ba, L.X., Hao, T.K. and Thang, N.H. (2006) Vietnam’s SMEs in the Context of Economic Intergration. Politics Publishing House, Hanoi.

[31]   Nguyen, N.Q. and Ngoc, H.T. (2014) Exploitation and Commercialization of Inventions towards Green Economy. Journal of Business and Economics, 5.

[32]   Luo, X. and Bhattacharya, C.B. (2006) Corporate Social Responsibility: A Fresh Perspective in Theory and Practice. Journal of Business Ethics, 82, 213-231.

[33]   ILO (2011) Skills for Green Jobs: A Global View, Synthesis Report Based on 21 Country Studies. ILO, Geneva.

[34]   Noip (2014) National Gazettes 2008. 2009, 2010, 2011, 2012, 2013, Feb 2014.

[35]   The Ministry of Science and Technology (2013) Survey on Invention Commercialization Market.

[36]   Quat, P.H. (2014) Patent Exploitation Situation. Workshop “Green Economy Development Based on Intellectual Property Exploitation: Arising Problems”, Hanoi, March 2014.

[37]   Japan Patent Office (2010) Outline of Accelerated Examination and Accelerated Appeal Examination.
http://www.jpo.go.jp/cgi/linke.cgi?url=/torikumi_e/t_torikumi_e/outline_accelerated.htm

[38]   United States Patent and Trademark Office (2012) Green Petition Report Summary.

 
 
Top