Businesses have played an important role in promoting advanced manufacturing technology in an effort to create a green and sustainable economy, the Vietnam Business Forum Magazine (VBF) reported on August 18.

The workshop "Green Business Model Innovation - from Production to Management" recently organised by the Asian Institute of Technology aimed to introduce the green business model, particularly focusing on innovation in helping manufacturers produce cleaner and more friendly-environmental products.

The delegates discussed the need to improve green production criteria. Businesses can access new markets if their products have higher quality and meet the requirements of origin for export products.

Participants noted that in the international integration trend, cleaner production has become one of important strategies. Cleaner production is done by reducing the negative impact throughout the product lifecycle, from design to disposal.

Nguyen Quang Vinh, General Secretary of the Vietnam National Business Council for Sustainable Development (VBCSD) said that clean and green production would enhance the competitiveness of enterprises.
The small and medium-sized enterprises have found hard to successfully apply this production model due to difficulties in capital investment in technology.

Nguyen Van Tuyen, Director of Tien Dat Investment and Service Trading Production Co., Ltd, said that green manufacturers not only benefit themselves but also create sustainable value chain for society. In response to environmental degradation and increasing threat from climate change, many countries in Asia are beginning to transform their economic development pattern towards low carbon emissions. It is the economic development pattern that Vietnam is moving toward.

The Government has also issued several action plans aimed at efficient use of natural resources and all manufacturers are encouraged to adopt cleaner production model. The State also has been building the legal provisions; setting up economic tools; offering support measures; implementing guidelines to build cleaner production project for businesses.-VNA