E ISSN: 2583-049X

International Journal of Advanced Multidisciplinary Research and Studies

Volume 3, Issue 6, 2023

Attract Foreign Investment to Develop Green Industry in Vietnam

Author(s): Dinh Thi Chien


Traditional industry that has been developing for decades has revealed limitations such as: Environmental pollution, high energy consumption, labor intensive use, low competitiveness, productivity, and value creation efficiency have not been achieved. High... This characteristic is placed in the trend of industrial development, global supply chains, the goal of reducing greenhouse gas emissions, green growth, and circular economy, which requires transformation. To create competitive advantage, production efficiency, industrial product value, and environmental protection. Green industry is an industry approach that applies recognized methods, strategies and tools to decouple industrial production growth from increased resource use and environmental impacts. negative impacts on the environment with the following contents: (1) Ensuring the security of natural resources by reducing pressure on already scarce resources such as water, raw materials and fuel; (2) Contribute to climate change mitigation and adaptation through reducing greenhouse gas emissions from energy and energy activities; (3) Better environmental management, ensuring industrial and chemical safety in business operations through the development and use of environmental goods and services and (4) Promoting the expansion of product development environmentalization. This article studies the theory of green industry, benefits and challenges in green industry development, gives lessons from some countries developing green industry in the world, and analyzes the current situation of attracting investment capital. Abroad and provide solutions to develop green industry in Vietnam in the coming time.

Keywords: Climate Change, Green Industry, Foreign Investment Capital, Reducing Emissions

Pages: 1120-1124

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