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advancing technology. It is forecasted that major countries such as the US, EU, China
                  and India will continue to lead in promoting renewable energy development.

                        Developing  smart  and  green  transportation  and  infrastructure:  The  trend  of
                  developing green transportation systems such as electric vehicles, hydrogen-powered
                  vehicles and other zero-emission vehicles will continue to increase. Many major cities
                  around  the  world  have  been  transitioning  to  clean  public  transportation,  as  well  as
                  encouraging people to use bicycles and walk. In parallel, the development of smart and
                  sustainable infrastructure will be a priority, from waste management systems to water
                  networks and smart power supply systems.
                        Strengthening  sustainable  agriculture  and  green  supply  chains:  Sustainable

                  agriculture will also be an area that will receive special attention. Farming techniques
                  that consume less energy, use resources efficiently and protect the environment will be
                  widely  applied.  Green  supply  chains,  with  the  use  of  environmentally  friendly  raw
                  materials and the application of green technologies in production, transportation and
                  consumption, will also thrive, promoting a circular economy.
                        Developing  advanced  technologies  to  support  the  green  economy:  Advanced

                  technologies such as artificial intelligence (AI), blockchain, Internet of Things (IoT),
                  and  big  data  will  play  a  critical  role  in  optimizing  green  processes,  from  resource
                  management to emissions monitoring. These technologies will help improve production
                                                                                                         44
                  efficiency, reduce resource waste, and improve environmental management capacity .
                        International  cooperation  in  the  Sustainable  Development  Goals  (SDGs):  The
                  implementation  of the United Nations' Sustainable Development Goals (SDGs)  will
                  continue to be a top priority for many countries. Countries will strengthen international

                  cooperation to achieve goals such as poverty reduction, combating climate change and
                  protecting biodiversity. This is also an important trend in promoting the global green
                           45
                  economy .
                        4.2. Opportunities and challenges for ASEAN in developing a green economy
                        Opportunities for ASEAN
                        Potential  for  natural  resources:  The  ASEAN  region  has  a  lot  of  potential  for
                  natural  resources  for  the  green  economy,  including  solar  energy,  wind  energy,
                  hydropower  and  biomass.  Vietnam,  Thailand,  the  Philippines  and  Indonesia  are

                  emerging as countries with strong potential to develop renewable energy, especially
                  solar and hydropower.
                        International  integration  and  investment  attraction:  ASEAN  has  been
                  participating in many trade agreements and regional economic partnerships, including
                  agreements to encourage green economic development. This opens up opportunities to
                  attract foreign investment in green projects, especially in the field of renewable energy
                  and clean technology.


                  44  Business greening: No one's problem.
                  Https://www2.deloitte.com/vn/en/pages/financial-services/articles/vn-pov-green-transformation.html
                  45  United Nations Sustainable Development Goals. Https://vietnam.un.org/vi/sdgs



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