Economically sustainable development is fast, safe and quality development. Economically sustainable development requires the development of an economic system in which the opportunity to access resources is facilitated and the right to use natural resources for economic activities. economy is shared equally. The focus here is on creating common prosperity for everyone, not just focusing on bringing profits to a few, within the allowable limits of the ecosystem as well as without infringing on the rights of the people. basic human.
Aspects of sustainable economic development include a number of basic contents:
First, gradually reduce the consumption of energy and other resources through saving technology and changing lifestyles;
Second, changes in consumption demand do not harm biodiversity and the environment;
Third, equality in access to resources, living standards, health services and education;
Fourth, hunger eradication and absolute poverty reduction;
Fifth, clean technology and industrial ecology (recycling, reusing, reducing waste, recreating used energy).
An economy to be considered sustainable needs to meet the following requirements:
First, there is high GDP growth and GDP per capita. High-income developed countries still have to keep the growth rate, the poorer the lower-income countries, the higher the growth rate must be. Developing countries in the current conditions need GDP growth of about 5% per year to be able to see signs of sustainable economic development.
Second, GDP structure is also a criterion for assessing sustainable economic development. Only when the share of industry and services in GDP is higher than that of agriculture can growth be sustainable.
Third, economic growth must be highly efficient growth, not accepting growth at all costs.
The Government of Vietnam has stated in the Resolution of the 13th National Congress of the Communist Party of Vietnam dated February 1, 2021, the country’s development orientation for the 2021-2030 period is in the direction of economic development as a prerequisite. The new economy follows the circular and sustainable trend in association with environmental protection, especially emphasizing not to trade off the environment for economic development. Environmental issues have become increasingly concerned with economic development, we build and develop the country, but how can we still preserve natural values for our children in the future.
For the past 10 years, all over the world have been focusing on researching the concept of circular economy model, sustainable green development, organic agriculture, 4.0 technology applied in industry and agriculture, energy renewable energy, combating climate change, etc.
Immersed in the development trend of the world and the country, we have focused on research for many years and cooperated with leading partners in the circular economy from Germany, the Netherlands, and Finland. , Switzerland, France, Japan … to implement projects on circular economy in Hau Giang province: “Agri-industrial complex producing and processing rice, rice straw associated with renewable energy in Nhon Nghia commune A, Chau Thanh A district” and “The complex of organic agriculture (Growing elephant grass – livestock) associated with renewable energy in Tan Phuoc Hung commune, Phung Hiep district” was recognized in the Resolution of the Provincial Party Committee. period 2021 – 2025. Vision to deploy 36 complexes in the period of 2025 – 2030, turning Hau Giang into a miniature Netherlands.
Project brief: The goal of developing a biomass plant material area, a closed cycle complex, not creating waste, the products of the former factory will be the input materials for the next plant in the cycle. combination. The process from one input material, going through a combination to produce biomass electricity, fertilizer, clean water, fresh beef, organic mushrooms, rice, agricultural by-products.
At THD Vietnam, we aim to develop the region’s economy, building areas of raw materials, organic animal feed, clean land and advanced technologies to create a beautiful green environment. In line with the spirit of the Government’s resolution on economic development, without sacrificing the environment, the environment is always important.