Policies to support interest rates, green credit, encourage investment in clean technology, energy saving... are gradually creating a legal corridor and resources for businesses to transform production and business models towards sustainability.
A noteworthy point is that green production not only helps businesses become "environmentally friendly", but is increasingly becoming a prerequisite for accessing preferential capital sources, participating in the global supply chain and maintaining export markets. When major markets such as the EU, USA, and Japan apply emission standards, traceability, and carbon footprints, businesses that do not green will soon be eliminated from the game.
From an economic perspective, green transformation does not reduce competitiveness, but on the contrary, helps businesses increase added value. Using energy more efficiently, reducing resource waste, optimizing production processes not only reduces long-term costs but also enhances brand image.
However, to take advantage of the State's support policies, businesses must proactively improve internal strength, standardize dossiers, financial transparency, improve corporate governance and build long-term development strategies associated with green goals.
That is the "travel ticket" for businesses to access green credit, sustainable investment funds and domestic as well as international support programs.
On the State's side, to make green transformation substantive, institutional improvement is a key factor.
A clear, feasible set of green business criteria, suitable to the actual capacity of the economy, will help avoid the situation of "formal green", and at the same time create motivation for businesses to transform in a methodical and progressive manner.
Green transformation cannot be imposed by administrative orders, but requires companionship, support and risk sharing between the State and businesses.
Green economy is also not just a story of large corporations. Small and medium-sized enterprises, a force accounting for a large proportion of the Vietnamese economy, if supported in technology, finance and consulting, can completely participate in this process.
At that time, green transformation will no longer be a burden, but become an opportunity for restructuring, improving resilience and more sustainable development against global fluctuations.
In the new era, the path ahead for Vietnamese businesses is green, transparent and sustainable growth.
