Some Solutions to Promote the Circular Economy toward Sustainable Development in Vietnam

Abstract :

The recent global economic growth has reached many significant milestones, however, there is a problem with natural resources shortage and increasing environmental pollution. Circular economic development has become an international trend, especially when the world’s resources are increasingly exhausted, helping to solve the conflict between economic and environmental interests. In the context of international economic integration, Vietnam has signed a lot of new-generation free trade agreements (FTAs) with different countries and economic sectors, including commitments on environmental protection. Hence, adopting the circular economic model in Vietnam is inevitable to achieve sustainable development.