Green economy as an opportunity for Vietnamese business in renewable energy sector

Abstract

Green or green economy development is a new trend in the process of restructuring the economy due to the effects of climate change as well as rising sea levels and the impact of the global economic recession. In December 2011, the climate change conference in South Africa with 194 participating countries agreed to set up a Green Climate Fund and take new steps to reduce greenhouse gas emissions after 2020. Currently, the biggest concern of the world community is climate change, to mitigate and adapt to climate change, countries are making efforts, one of the basic factors to have. by the low-carbon economy or the green economy, besides the green economy, the exhaustion of fuel sources is due to meeting most of human energy needs, so the research and use New renewable energy sources such as wind, solar, geothermal or biomass energy are an essential need. In this paper, author refers to green economy and some key causes to promote the development of renewable energy, opportunities for Vietnamese businesses. Moreover, author also sets out the main reasons that hinder the development and exploitation of renewable energy sources in Vietnam.