Sustainable Development In Vietnam Research Articles

Transmission Mechanism of Green Monetary Policy: Practices in some countries and recommendations for Vietnam

Central banks' green monetary policies are crucial for promoting sustainable development and mitigating climate change. Establishing a stable green monetary policy transmission mechanism will create incentives for financial institutions to engage in green activities, ensuring transparency in reporting and monitoring green investment. This article focuses on analyzing the transmission mechanisms of green monetary policy through instruments such as preferential interest rates and the issuance of green bonds, thereby creating favorable conditions for the development of renewable energy projects and clean technologies. The research is based on data from 2020 to 2023 and the experiences of the United Kingdom and Germany, two pioneering countries in the field of green finance. The findings provide assessments of the successes, limitations, and underlying reasons for the implementation of green monetary policy in these two nations. Based on the research results, the article presents recommendations for Vietnam on the application of green monetary policy within its financial system, contributing to environmental protection, minimizing the impact of climate change, and fostering sustainable development in Vietnam.

Cross-country comparative analysis of social policy process: Implications for sustainable development in Vietnam

This study explores how social policy institutions contribute to an "equal and fair society." Using Qualitative Comparative Analysis (QCA) on OECD and EU data, it examines six institutional conditions: election processes, transparency, civil rights, rule of law, executive capacity, and accountability. The findings highlight those strong democratic processes and robust institutional capacity are crucial for equitable outcomes. Vietnam’s socio-economic progress and challenges are analyzed to draw lessons for developing nations, emphasizing institutional reforms to enhance governance, equity, and sustainability. The study offers insights for policymakers to design inclusive and resilient social policies.

The Role of Green Credit in Promoting Sustainable Development in Vietnam: Evidence from Quantile-on-Quantile Regression

Climate change is no longer a challenge for a single nation but a responsibility for the global community. With the looming threat of the "brown economy," sustainable development (SD) has become essential for economies worldwide. Green credit, which includes funding, lending, and other credit methods that account for environmental impact and conservation, plays a crucial role in promoting SD. By adopting green credit, banks can reduce risks associated with polluting industries while supporting sustainability goals. This study examines the relationship between green credit, including credit for agriculture, forestry, and fisheries, and international financial flows for renewable energy in Vietnam from 2012 to 2021. Using Quantile-on-Quantile Regression (QQR), we assess how green credit influences SD at various quantiles, providing a detailed understanding of its impact over time. The results show a positive relationship between international renewable energy support and SD at lower quantiles (0.05 to 0.55), which weakens at higher quantiles. Similarly, credit for agriculture is positively correlated with SD at quantiles 0.05 to 0.3, but this relationship diminishes at higher quantiles. Based on these findings, we recommend that Vietnamese authorities focus on improving capital efficiency and strengthening the oversight of renewable energy projects. Additionally, increasing CA in rural areas with lower SD levels will help promote sustainability in these regions.

Addressing social issues to meet the requirements of sustainable development in Vietnam

In the context of rapid and sustainable development, Vietnam is grappling with many social challenges that necessitate comprehensive and effective solutions. Among the most pressing issues are income inequality, rising unemployment, disparities in access to healthcare and education, and the urgent need to ensure social security for all population segments. To effectively tackle these challenges, Vietnam needs to enhance its social security policies, promote innovation across various sectors, and encourage the active participation of all stakeholders in society. Strengthening state governance is also critical in this endeavor. A pivotal aspect of achieving holistic and sustainable prosperity lies in establishing a robust social development framework that harmonizes economic growth with social progress while prioritizing equity and social advancement. This research employs qualitative and quantitative methodologies to rigorously evaluate existing outcomes, identify underlying limitations, and propose actionable solutions. By addressing these current social issues head-on, the aim is to pave the way for sustainable development in Vietnam, ensuring that growth benefits all members of society and contributes to a more equitable future.

Policy recommendations for digital banking development contributing to sustainable development in Vietnam

Policy recommendations for digital banking development contributing to sustainable development in Vietnam

Retraction Note: Developing green logistic services management to achieve sustainable development in Vietnam: the role of green construction practices, green social awareness and green innovation.

Retraction Note: Developing green logistic services management to achieve sustainable development in Vietnam: the role of green construction practices, green social awareness and green innovation.

Implementation Of Ilo Convention No. 159 Ensuring the Labor Rights and Employment of Persons with Disabilities in Sustainable Development in Vietnam

Implementation Of Ilo Convention No. 159 Ensuring the Labor Rights and Employment of Persons with Disabilities in Sustainable Development in Vietnam

How to Exploit Patents for Innovation? Green Future and Sustainable Development in Vietnam

How to Exploit Patents for Innovation? Green Future and Sustainable Development in Vietnam

Digital financial inclusion, financial stability, and sustainable development: Evidence from a quantile‐on‐quantile regression and wavelet coherence

AbstractThe current research examines the influence of digital financial inclusion (DFI) and financial stability (FS) on sustainable development in Vietnam through a dataset spanning during 2004–2022. Non‐parametric methods, such as quantile regression, Granger tests in different quantiles, and wavelet analysis were employed to elucidate the effect of different quantiles of FS and DFI on various quantiles of sustainable development. Our primary contribution lies in integrating three research domains to examine the relationships among all three factors simultaneously, all within the framework of one of the biggest developing economies. Our findings exhibit the strongly positive influence of FS and DFI on sustainable development in Vietnam across various quantiles and frequencies. This suggests that FS and DFI support the transition of country toward sustainable development.

Developing Science, Technology, and Innovative Creativity to Meet the Requirements of Sustainable Development in Vietnam: Current Situation and Solutions

Developing Science, Technology, and Innovative Creativity to Meet the Requirements of Sustainable Development in Vietnam: Current Situation and Solutions

Integrating land quality in peri-urban agriculture for sustainability and green revolution in Vietnam

Agricultural Land Use Systems (LUS) contributes to Green Revolution (GR) and sustainable development in Vietnam, however, the GR exerts a dual impact-both positive and negative-on agricultural LUS in suburban regions. Land Quality Indicators (LQI) is integrated into the Pressure-State-Response (PSR) model to assess agricultural LUS across four landscapes in a peri-urban area of Hanoi capital city (Vietnam). The selected 75 indicators are subject to elimination based on the distinct natural and social contexts prevalent in each landscape. The findings indicate that primary pressures impinging upon agricultural LUS are dwindling irrigation water, escalating erosion resulting from cultivation, inadequate agricultural infrastructure, price imbalances, and pollution from industrial parks and craft villages. An amalgamation of traditional and high-tech solutions is recommended to enhance the quality of organic produce and foster stronger connections between suburban and urban. Integrating LQI into the PSR framework supplants conventional assessment methods, paving the way for more effective sustainable land use planning in peri-urban areas in the foreseeable future.

Corporate governance for sustainable development in Vietnam: Criteria for SOEs based on MCDM approach.

This research explores the nexus between corporate governance and sustainable development, focusing on State-Owned Enterprises (SOEs) in Vietnam. Recognizing the pivotal role of SOEs in the national economy, this study employs a Multi-Criteria Decision-Making approach (MCDM) to assess and enhance the corporate governance frameworks of these entities. First, the Data Envelopment Analysis (DEA) model is employed to identify the most qualified prospective SOEs firms based on several quantitative criteria. Then, the spherical fuzzy analytic hierarchy process (SF-AHP) model is used to identify priority weights for a given set of qualitative criteria, the Evaluation based on distance from average solution (EDAS) model is implemented to rank enterprises in the SOEs sector. To validate the proposed models, a case study conducted within the Vietnamese electric power industry is utilized. The MCDM methodology integrates diverse factors such as business management, corporate social responsibility, and corporate governance shareholder to construct a comprehensive evaluation framework. By applying this approach, the study aims to identify the key drivers and barriers influencing corporate governance practices within Vietnamese SOEs. The study's findings illustrate the efficacy of the suggested approach in evaluating corporate governance performance, providing valuable insights for policymakers, corporate leaders, and stakeholders involved in shaping the governance landscape of SOEs in Vietnam. By aligning corporate governance with sustainable development principles, the research aims to contribute to the ongoing discourse on responsible business practices, offering practical recommendations to enhance the performance and resilience of SOEs in the pursuit of long-term socio-economic and environmental sustainability.

Factors affecting legal services' quality: The case of an emerging economy

Vietnam is a rapidly developing country associated with changes in socio-economic activities, especially both public and private services. The service industry is making a practical contribution to economic growth and is gaining a great position. To help a society develop harmoniously, the economy must satisfy people's ability to access services, especially basic services such as education, healthcare, legality, transportation, security and safety. The aims of the study are to estimate factors affecting legal service quality, and based on the survey in three provinces in Vietnam: Lam Dong, Dak Lak, Gia Lai and through quantitative analysis, the research results show that there are five factors that positively affect service quality, which are: (1) government; (2) head of the unit; ⁠(3) influencer; (4) opinions of people around; and (5) organizations and individuals providing services. The research results also discuss some solutions to increase service quality and sustainable development of Vietnam in the coming time.

Understanding Factors of Households' Circular Economy Adoption to Facilitate Sustainable Development in an Emerging Country

A shift from a linear economy to a circular economy can help participants (i.e., enterprises and households) to cut expenses, stabilize supply chains for the long term, and lower manufacturing and operating costs. Although the circular economy can benefit both the economy and the environment, this topic has still been under-studied in developing countries. More specifically, there has been little known about conditions and/or barriers for stakeholders in adopting a circular economy. In this regard, the authors conducted a study among Vietnamese households to improve the understanding of the factors (both drivers and impediments) of a circular economy adoption. Specifically, the authors employed a questionnaire-based survey approach to collect data from 473 households operating in the agricultural sector in the Red River Delta, Vietnam. The PLS-SEM method was performed to unravel the complicated relationship between circular economy adoption, organizational innovation, and income of agricultural households. The results showed that the adoption of circular economy is widely influenced by many factors in Vietnam. For example, technology has a negative impact on the level of circular economy adoption while policy and regulation, management, customer, and society have the opposite effect. Furthermore, organizational innovation played a fully mediating role between circular economy adoption and households’ income. The results of the study offer many policy implications for supporting and increasing the households’ circular economy adoption for further sustainable development in Vietnam and beyond.

Driving forces of forest cover rehabilitation and implications for forest transition, environmental management and upland sustainable development in Vietnam

Driving forces of forest cover rehabilitation and implications for forest transition, environmental management and upland sustainable development in Vietnam

Renewable Energy Consumption, Energy Efficiency, Trade, Economic Development and FDI on Climate Change in Vietnam

This study aimed to investigate the impact of green energy consumption, energy efficiency, foreign direct investment, economic growth, and trade (import and export) on greenhouse gas emissions( GHG) in Vietnam between 1990 and 2019. This study investigates the long-term cointegration relationship to find out the impact of renewable energy consumption, energy efficiency, trade, economic development, and foreign direct investment on climate change in Vietnam. The research results show a long-term relationship between the above variables and the reduction of greenhouse gas emissions. These findings highlight the profound importance of renewable energy consumption for ecologically sustainable development in Vietnam and serve as an important resource for other countries worldwide. world when it comes to ecological security. This study recommends the use of environmentally friendly and energy-saving technologies, the use of renewable energy to mitigate climate change and the implementation of the most recent government policies to neutralise greenhouse gas emissions to achieve sustainable development goals.

Making universal education a priority for sustainable development: The EU, Vietnam and education

AbstractThis article highlights the need to bring education to the forefront of EU policies to promote sustainable development in Vietnam. The EU is increasingly concerned with promoting sustainable development worldwide. It does this in its aid policies, and since 2010, it has included in its trade agreements provisions on labour, environmental and gender rights. But what about education rights? This article analyses the role of the EU and the Vietnamese government in the field of education. It argues that both actors could pay more attention to education, and in particular to the problem of unequal access to education for poor and minority children in Vietnam. To improve educational opportunity, both direct funding for the system and contextual support for students are needed. In remote and poor areas, Vietnam and the EU should provide increased salaries for teachers to reduce corruption, funding to support families, local social enterprises and improved local infrastructure. The article ‘double‐decenters’ the study of European foreign policy by (1) focusing first on education policy issues in the targeted state and then on EU policy and (2) listening not only to the government but also the citizens of Vietnam.

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

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.

The Current Issue of Sustainable Development for Construction Contractors in Vietnam

Sustainable development is a development that can meet current needs without affecting or harming the ability to meet the needs of future generations. In other words, sustainable development must ensure efficient economic development, social equity, and environmental preservation. Research on sustainable development and sustainable development in the construction industry is a valuable theoretical and practical topic. This article focuses on clarifying several issues related to sustainable development, the impacts of the construction industry on three aspects of sustainable development in Vietnam, and also highlights the current status of sustainable development practices among construction contractors in Vietnam, along with some solutions for sustainable development by construction contractors in Vietnam today.

Developing green logistic services management to achieve sustainable development in Vietnam: the role of green construction practices, green social awareness and green innovation.

The selection of suitable logistic service providers is essential while making strategic decision for sustainable business. Green logistic service management is the one that incorporates sustainable practices in whole operation cycle in order to maintain product quality, timely deliveries and satisfied customers. This also helps in the prevention of products from further waste that is quite necessary in the context of emerging economies. Thus, in order to assess its effectiveness, the study proposes a framework which emphasizes that the simultaneous role of green logistic services management, green construction, green innovation, and green social awareness helps in achieving sustainable development in Vietnamese context. The outcomes revealed that the green logistic services management, green construction practices, and green innovation helps to achieve sustainability in transportation industry of Vietnam due to positive linkage. The results also exposed that the green social awareness significantly moderates among green logistic services management, green construction practices, green innovation, and sustainable development of transportation industry in Vietnam.