Green Accounting with Sustainable Development in Vietnam

Green accounting is seen as a vital tool related to environmental impacts on the economy and is considered a direction for transformation towards sustainable development, aiming for green economic growth. It's also a new and long-term approach, aligning with global development trends. Implementing green accounting, particularly environmental accounting, contributes to providing accurate, transparent, complete, and responsible information, thereby improving the corporate image in the eyes of regulators, shareholders, investors, and business partners. However, the application of green accounting in Vietnam still faces inconsistencies in its sustainable development. The article presents some benefits based on the current state of green accounting implementation, identifies several issues, and proposes solutions to encourage the adoption of green accounting for sustainable development.