SMEs encouraged to participate in green growth projects

Thu Hang
Chia sẻ
(VOVWORLD) - Consumers demand more in products and services as living conditions improve and Vietnam further integrates into the global economy. Green growth projects help small and medium-sized enterprises conserve resources towards renovation and creativity. Vietnam is on the right track combining environmental protection and sustainable development strategies.
SMEs encouraged to participate in green growth projects - ảnh 1 Wind turbines of Bac Lieu Wind Farm. (Photo: Duy Khuong/VNA)

Statistics from the Central Institute for Economic Management show that 75% of processors in Hanoi consume more energy than the world average. Most of those companies are using old technologies. And many SMEs aren’t fully aware of the importance of energy efficiency.  

Economists have called for a legal framework for energy conservation.

Nguyen Thanh Ha, a specialist working on a low emission energy project, underscored the need to upgrade technologies and use renewable energy.

“We should help SMEs find solutions through technical support to identify ways to save energy. We need to raise the awareness of leaders, managers, and employees and develop a sustainable energy management system,” said Ha.

The Ministry of Planning and Investment has implemented Green Growth Action Plan in 5 Mekong Delta provinces and regional link towards green growth goals and sustainable development goals. The plan aims to turn Ca Mau, Bac Lieu, Soc Trang, Kien Giang, and Hau Giang province into a driver of economic development, social progress, and environmental protection, and ecological diversity.

Local businesses have been asked to improve their capacity in management, credit, job generation, output quality, and the use of new, environmentally friendly materials.

Pham Hoang Mai, Director of the Science, Education, Resources, and Environment Department, said: “We put forth 4 groups of solutions, 3 of which relate to 3 green growth targets – reducing greenhouse gas emissions and practising environment-friendly production and an environment-friendly lifestyle. We think it’s important how the targets are realized. The focus should be on communications to raise public awareness, human resource training, research and development, and international cooperation.”

The Small and Medium-sized Enterprise Development Foundation (SMEDF) is working with the Global Green Growth Institute, and functional agencies to draft a green credit manual for SMEs which provides instructions on norms, conditions, and procedures for enterprises who want to receive the foundation’s support.