The Vietnam Chamber of Commerce and Industry and the Vietnam Ministry of Planning and Investment launched their P4G National Platform in July 2018 at the National Conference on Sustainable Development, emphasizing Vietnam’s commitment to green growth. At the conference, Vietnam discussed the importance of advancing public-private partnerships and improving productivity and competition to affect sustainable growth. Vietnam currently hosts P4G partnerships that will focus on improving investment in water infrastructure, promoting efficient energy consumption, and implementing circular economy principles in Vietnam’s booming manufacturing sector.
In addition to its sustainability objectives, Vietnam hopes to balance green growth with social equity. Vietnam will also involve its ministries in P4G platform components, such as trade, transportation, construction, and the circular economy. As Vietnam’s high economic growth progresses, sustainable practices will enable Vietnam to move toward becoming an upper middle-income country. Vietnam is eager to convene multiple sectors and international organizations as it pursues the sustainable development goals.