Hanoi, April 20 -- Hanoi (VNA) - Vietnam is building a closed-loop "circular economy" ecosystem, with the industrial sector driving the most drastic, sweeping and transformative change.

The transition comes as the global economy is grappling with intensifying pressures from resource depletion, climate change, environmental pollution and the constraints of the traditional linear growth model.

An inevitable path towards green, sustainable growth

The circular economy is no longer just a policy choice. It has become an inevitable trend for delivering sustainable and green growth, sharpening competitiveness at home and abroad, and meeting Vietnam's net-zero emissions target by 2050. It is now a prerequisite to sustain long-term economic exp...