The role of digital transformation in the circular economy in Vietnam

Authors

  • Nguyen Hoang Quy

DOI:

https://doi.org/10.59394/JSM.6

Keywords:

Circular economy, digital transformation, role, reality, Vietnam

Abstract

Digital transformation makes an increasingly significant contribution to the circular economic development in Vietnam. Based on the theoretical basis of the circular economy, the combination of circular economic development and digital transformation can bring significant opportunities and benefits. Vietnam has been implementing digital solid transformation, creating a favorable environment to promote circular economic models to be founded and developed. However, there are still several challenges to be resolved to optimize the impact of digital transformation on circular economic development. Based on an analysis of the role of digital transformation in circular economy development, the article proposes some solutions to promote the application of digital transformation in the process of completing and developing the circular economy in Vietnam soon.

Author Biography

Nguyen Hoang Quy

Dr. Nguyen Hoang Quy

National Academy of Public Administration

References

Antikainen, M., Uusitalo, T., & Kivikytö-Reponen, P. (2018). Digitalisation as an Enabler of Circular Economy. Procedia CIRP, 73, p. 45-49. https://doi.org/10.1016/j.procir.2018.04.027.

Bressanelli, G., Adrodegari, F., Perona, M., & Saccani, N. (2018). Exploring How Usage-Focused Business Models Enable Circular Economy through Digital Technologies. Sustainability, 10:639. doi:10.3390/su10030639.

Chau, N.D., Hien, H.T.T., & Thanh, L.T. (2022). Current status of digital transformation in the management of industrial waste towards the circular economy in the southern provinces. Hydrometeorology, 2022, no.EME4 - p.169 - 180.

Government (2020). Decree No. 53/2020/ND-CP on Environmental Protection Fee for Wastewater.

Hedberg, A., & Šipka, S. (2021). Toward a circular economy: The role of digitalization. One Earth, 4(6), p. 783-785. https://doi.org/10.1016/j.oneear.2021.05.020.

Kirchherr, J., Reike, D., & Hekkert, M. (2017). Conceptualizing the circular economy: An analysis of 114 definitions. Resources, Conservation and Recycling, 127, p. 221-232. https://doi.org/10.1016/j.resconrec.2017.09.005

Kristoffersen, E., Blomsma, F., Mikalef, P., & Li, J. (2020). The smart circular economy: A digital-enabled circular strategies framework for manufacturing companies. Journal of Business Research, 120, p. 241-261. https://doi.org/10.1016/j.jbusres.2020.07.044.

Ministry of Natural Resources and Environment (2015). Circular No. 36/2015/TT-BTNMT on Management of Hazardous Wastes.

Party Central Committee (1998). Directive No. 36/1998/CT-TW on Strengthening Environmental Protection in the Period of Industrialization and Modernization of the Country.

Party Central Committee (2020). Resolution No. 55-NQ/TW on Orientation of Vietnam’s National Energy Development Strategy Through 2030 With a Vision Toward 2045.

Pearce, D. W. W., & Turner, R. K. (1990), Economics of natural resources and the environment. Baltimore MD: Johns Hopkins University Press.

Thao, L.P., & Binh, L.D. (2021). The role of digital transformation associated with knowledge management in developing the circular economy model. Industry and Trade Magazine, no. 19 (2021), p. 125 - 132.

Tho, N. D., & Hang, T.T. (2023). Green transformation and digital transformation in the circular economy aim to improve the total factor productivity in Vietnam. Environment, 2023, no.1, p. 4 - 7.

World Bank (2022). A roadmap to stop single use plastic pollution in Vietnam. World Bank. Retrieved July 25, 2022 from https://www.worldbank.org/vi/news/press-release/2022/07/25/a-roadmap-to-stop-single-use-plastic-pollution-in-vietnam .

Further reading:

Clerck, J. (2017). Digitalization, Digital Transformation: The Differences. i-SCOOP.

Khue, V. (2023) Vietnam’s innovation faces many challenges. Vneconomy. Retrieved 2023 June 25 from https://vneconomy.vn/doi-moi-sang-tao-cua-viet-nam-doi-dien-voi-nhieu-thach-thuc.htm.

Long, M. (2019) Minimize waste - Vietnam Packaging Recycling Alliance was established. Cesti. Retrieved 2019 June 25 from https://cesti.gov.vn/bai-viet/CTDS1/giam-thieu-rac-thai-lien-minh-tai-che-bao-bi-viet-nam-duoc-thanh-lap-01009402-0000-0000-0000-000000000000.

Machekhina, O. (2017). Digital of education as a trend of its modernization and reforming. Revista Espacios, 38(40), p. 26-31.

Downloads

Published

21-03-2024

How to Cite

Nguyen Hoang Quy. (2024). The role of digital transformation in the circular economy in Vietnam. Journal of State Management, 31(11), 7–16. https://doi.org/10.59394/JSM.6

Issue

Section

Contents