Deputy PM Nguyen Thien Nhan has stressed the need to create a favourable legal environment as well as mechanisms and policies to foster green economic growth in Vietnam.

Nhan made the suggestion at a forum, entitled “Green economy in the context of sustainable development in Vietnam ,” which was held in Hanoi on Dec. 13 by the Ministry of Planning and Investment.

The deputy PM said green economy is a new model, which helps ensure social security and environmental protection, while increasing energy renewal and efficiency.

Meanwhile, Setsuko Yamazak, UNDP Country Director in Vietnam , said a green growth strategy will enable Vietnam to mobilise public and private financial sources and renovate technology, especially within the framework of international agreements and climate change.

UNDP is willing to assist Vietnam in improving the quality of growth, restructuring the economy, protecting the environment and restoring natural resources, the official said.

Delegates to the forum also emphasised the necessity to shift to a green economy and introduced the viewpoints and green economic development models in the world.

They also pointed about difficulties and put forward solutions in terms of policy to help Vietnam build a green economy in the context of sustainable development.

The delegates held that strengthening international cooperation on climate change will help enhance energy efficiency, promote the use of renewable energy, and reduce water and air pollution./.