Vietnam seeks fresh growth model centered on sustainability

Vietnam's corporate sustainability community is calling for a fundamental rethinking of the country's growth trajectory, emphasizing the need for a shared framework that balances economic expansion with environmental stewardship.

Under the proposed model, the State would establish supportive policies and regulatory frameworks, while local authorities facilitate business operations and investment. Enterprises would serve as catalysts for innovation, with science and technology driving competitive advantage. Civil society participation would ensure accountability and broader stakeholder engagement across the development process.

The sustainability agenda is gaining traction across multiple sectors. Vietnam is exploring expanded use of sustainable aviation fuel to reduce aviation emissions, while Da Nang has joined international sustainable finance networks to attract green investment. The Vietfish 2026 exhibition further underscores sector-wide commitment, showcasing technological advances and sustainable practices in aquaculture and seafood production.

Industry observers suggest the integrated approach reflects growing recognition that long-term competitiveness depends on environmental resilience. By aligning economic objectives with sustainability imperatives, Vietnamese stakeholders aim to position the nation as a responsible regional actor while maintaining growth momentum. Success will require sustained coordination among government agencies, private enterprises, and civil institutions.