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Set of criteria for green growth statistics to be applied from Dec. 15

The Ministry of Planning and Investment’s circular on a set of criteria for green growth statistics will come into effect on December 15.
Set of criteria for green growth statistics to be applied from Dec. 15 ảnh 1At a wind and solar power farm in Ninh Thuan province. (Photo: VNA)
Hanoi (VNA) – The Ministry of Planning and Investment’s circular ona set of criteria for green growthstatistics will come into effect on December 15.

Thesecriteria serve as a basis to monitor and evaluate the implementation of theNational Green Growth Strategy for the 2021-2030 period, with a vision to2050 while encouraging economic entities, especially businesses, to catch up withgreen trends.

The set of criteria comprise 72 indicators arranged into fourgoals of the strategy, from reducing greenhouse gas emissions to reflecting thelevel of "greening" in economic sectors. It was built basing on references fromthe Organisation for Economic Cooperation and Development (OECD), the WorldBank (WB), and the Global Green Growth Institute (GGGI).

They are applied to agencies, organisations and individuals thatprovide, produce and use statistical information regarding green growth.

A quick survey conducted by the Vietnam Chamber of Commerce and Industry(VCCI) in August showed that 88-93% of respondents either have never heard ofor only have a vague awareness of the European Union’s prominent green policiesrelated to Vietnam's exports. Notably, the rate of entrepreneurs, staff andemployees in businesses who are well-informed about the European Green Deal wasonly at 4%, significantly lower than other surveyed groups.

Dr. Vo Tri Thanh, former Deputy Director of the Central Institute for Economic Management (CIEM),said proactively embracing comprehensive and synchronous green transformationcould bring numerous opportunities to Vietnamese businesses, not only in theEU market but also in other developed markets that are taking similar actions,such as the US, the UK, Japan and Australia. The effort initially requires significant investment, but it could help firms reduce costs and improve business efficiency in the long term./.
VNA

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