Vietnam has revised its environmental laws and set an example for a governance based on a circular economy.
Vietnam has taken up the task to replace its linear or take-make-dispose model of development and induce more environmental consciousness and sustainability. Their new model of circular economy is based on three main pillars, involving the “make-use-recycle” model. It effectively promotes waste reduction and promotes lowered resource extraction through reusing, reducing and recycling. The concept of a circular economy runs on using plastics as valuable materials resources to be recycled instead of waste to be accumulated. This is a big step in promoting sustainable development in Vietnam to scale up recycling at a national level. Being an emerging industrial hub, it also has severe environmental issues to deal with, specifically in waste management and plastic pollution. So this step is highly commendable for a developing nation to undertake. With the new policies, they are aiming to reduce about 75 percent of Vietnam’s marine plastic waste by 2030. They will also be eliminating the use of single-use and non-biodegradable plastic bags from all the coastal tourism areas. The government had also demonstrated a strong dedication to adopt sustainable climate change and development at the Conference of the Parties (COP26) with its commitment to attaining net-zero carbon emissions by 2050.
A CSR Initiative of
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Technology is a useful servant, but a dangerous master, it was rightly said. Electronic devices have grown into an inevitable part of our daily lives.
