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Published May 4, 2022 | Version v1
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Vietnam's transition to an ecological economic model in a new context

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In Vietnam, the linear economic development model no longer fits the new context - one in which natural resources are depleting at an alarming rate and environmental quality is deteriorating. Eco-economic development, which promotes sustainable development while also protecting the environment, has become a pressing need and an unavoidable trend in the process of social development. The Communist Party of Vietnam's 13th Congress prioritizes sustainable economic development by resolving the conflict between economic growth and environmental protection in an amicable manner. Concretization and successful implementation of ecological economy applications are critical in the new context and are a top priority in national development policy.

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