Page 90 - Ebook HTKH 2024

there is an effective risk monitoring and control mechanism among related parties to
ensure maximum benefits of investors and businesses participating in green stock

investment. Experience in G7 countries shows that they pay the most attention to energy
saving and using alternative energy to limit the use of fossil energy, by increasing the
use of solar energy, with over 22 cities producing and using solar panels. In Korea, they
issued policies to increase waste reuse, manufacture and use of solar batteries, predict
climate change and carbon storage.
(5) Complete the Project “Developing Vietnam's carbon market”, in which it is
necessary to build and complete regulations on establishing a carbon credit exchange
and a financial management mechanism for carbon market operations; regulate activities

connecting the domestic carbon credit exchange with regional and world carbon
markets; regulate the implementation of carbon credit exchange and offset mechanisms.
Experience in Thailand shows that they have built a measurement, reporting and
appraisal system for the voluntary carbon market to establish load limits and allocate
credits to factories in the system.
(6) Raise awareness for all communities about the importance of green growth and

green economy towards sustainable development. First of all, it is necessary to increase
propaganda to the community about the role and necessity in producing and consuming
clean, green products to protect the environment as well as recycling waste into raw
materials contributes to building a green economy. On the other hand, local authorities
should strongly communicate the importance of consuming green products to people;
At the same time, implement program projects to stimulate consumption of green
products to improve environmentally friendly consumption habits.

(7) Focus on synchronous development of green economy resources such as
natural resources, science and technology and human resources. With natural resources,
it is necessary to use them reasonably and economically, especially exploiting and using
renewable energy sources such as solar, water and wind energy effectively. With science
and technology, technological innovation is now considered a decisive tool for countries
building a green economy and this is also a measure to cut costs caused by waste. It is

especially necessary to focus on investing in high technology, green and clean
technology, such as renewable energy technology, toxic substance treatment
technology,... However, to accomplish this, the economy must have high-quality human
resources; This is the core element of research, creativity, development and application
of high, green and clean technology into production. Therefore, it is necessary to have
training and skills improvement programs to prepare the workforce and management for
the process of building a green economy towards sustainable development.
(8) Build and develop a green economy always needs support from the

Government. It is necessary to complete the legal framework on green consumption or
implement preferential investment policies in industries and fields that apply clean
technology to production to contribute to promoting the development of the green goods
market. For example, the Government can influence market participants through

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