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Volume 07 Issue 04 April 2024

Development of Circular Economy in Agriculture in Hanoi, Vietnam
Tuyen Pham
Tuyen Pham, PhD student at the University of Economics and Business, Vietnam National University, Hanoi, Vietnam
DOI : https://doi.org/10.47191/ijmra/v7-i04-13

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ABSTRACT:

The introduction of circular economy principles into closed production systems is essential to address current socio-economic and ecological challenges efficiently. This approach not only saves costs, creates job opportunities, and fosters economic growth but also promotes the sustainable use of natural resources in agriculture. Transitioning to a circular economy model in agriculture contributes to achieving sustainable development goals. In Hanoi, Vietnam, sustainable agriculture development focuses on integrating natural processes and biological resources to enhance productivity while preserving the environment. Challenges persist in shifting from conventional to organic farming methods due to certification complexities and infrastructure limitations. Despite these hurdles, organic farming adoption is increasing, positively impacting agricultural productivity and biodiversity. The gradual expansion of certified organic agriculture in Hanoi indicates promising strides toward environmental conservation and economic development through a closed-loop agricultural system.

KEYWORDS:

circular economy, agriculture, Hanoi, Vietnam

REFERENCES
1) CREM (2018), Scoping study circular economy Vietnam, Amsterdam, the Netherlands.

2) Documents of the 12th Party Congress of Hanoi City;

3) Environmental Protection Law of 2020; with Article 142 specifying the contents and requirements for sustainable development in Vietnam;

4) Ellen MacArthur Foundation (2012), Towards the circular economy: Economic and business rationale for an accelerated transition;

5) Ellen MacArthur Foundation (2015), Report on Circular economy.

6) Ellen MacArthur Foundation (2016), The New Plastics Economy, Rethinking the Future of Plastics. Ellen MacArthur Foundation, World Economic Forum &; McKinsey Center for Business and Environment.

7) Global Footprint Network (2018), National Footprint Accounts. https://data.footprintnetwork.org

8) K.E. Boulding (1966), The Economics of the Coming Spaceship Earth, In Jarrett, H., Ed., Environmental quality in a growing economy: Essays from the sixth RFF forum, New York: RFF Press pp. 3 – 14

9) J. Kirchherr, D. Reike, and M. Hekkert (2017), "Conceptualizing the circular economy: An analysis of 114 definitions," Resources, Conservation & Recycling 127:221 - 232.

10) OECD (2019). Business Models for the Circular Economy: Opportunities and Challenges for Policy.
Volume 07 Issue 04 April 2024

There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.


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