BackSociety » Development » Society » Environment » Environmental Problems Likely to Hamper Vietnam's Future Economic Growth

According to a new report by Vietnam's National Center for Socio-Economic Information and Forecast (NCIF), the country's economic growth is being hindered by a host of environmental hiccups, including air pollution and the lack of waste management at industrial zones.

Dang Duc Anh, head of the Forecast and Evaluation Department, told VnExpress that both natural and manmade environmental problems will take 0.6% off Vietnam’s annual GDP from now until 2020. He added that unless there are policies to increase public awareness of climate change and encourage local businesses to protect the environment, sustainable development is out of reach for the country.

In the realm of environmental protection, 2016 was one of Vietnam's worst years in recent history. Last April, Taiwanese firm Formosa made national headlines for dumping untreated industrial waste into the sea, causing an estimated 70 tons of dead fish to wash ashore over more than 200 kilometers of the coastline in Central Vietnam.

Apart from the marine disaster, which affected five separate provinces, major urban hubs like Saigon and Hanoi also continue to suffer from severe airborne pollution. This is because Vietnam’s industrial zones still rely heavily on the exploitation of natural resources and low-tech assembly to amass growth.

Each year, 44,000 Vietnamese die due to air pollution, according to research by the World Health Organization. Many others are afflicted with respiratory problems, as the air they breathe on a daily basis is chock-full of smog and fine particulate matter.

Tran Dinh Thien, director of the Vietnam Economic Institute, shared with the news source that by prioritizing energy-saving industries, Vietnam’s economic growth might have a better outlook in future.


Related Articles:

[Video] Hanoi's Pollution Heading Toward Airmaggedon

Poor Urban Zoning, Traffic the Main Causes of Saigon's Noise Pollution: Research

Asia's Megacities Face Development Trade-off


Related Articles

in Environment

163 New Species Discovered in Southeast Asia: WWF Report

Good news for Southeast Asia's wildlife enthusiasts: scientists just announced that, in 2015, they discovered 163 new species in the Greater Mekong region.

in Environment

5ha of Coastal Protection Forest Destroyed by Solar Power Project: 'It Was an Accident'

While carrying out site clearance for a solar power project in Binh Dinh Province, workers unlawfully destroyed a large swath of local coastal protection forest.

in Environment

Air Pollution Is Costing Vietnam's Economy $10.8–13.6bn a Year, Research Shows

Air pollution has been a daily annoyance for many Saigoneers, but how does this urban ailment translate into economic terms?

in Environment

Another Hoàn Kiếm Turtle Dies in Hanoi, Setting Back Conservation Efforts

It’s reported that a “Hoàn Kiếm turtle” living in Hanoi has died, further impeding efforts by conservationists to keep the species from extinction.

in Environment

As Infrastructure Lags Behind, Saigon's Poorest Hardest Hit by Worsening Flooding

In April this year, in the first downpour of southern Vietnam’s rainy season, the narrow rented room where Mã Thị Diệp and her children were staying in Hồ Chí Minh City was inundated by knee-high wate...

in Environment

Award-Winning Children's Book on Conservation to Release Sequel Tomorrow

Saving H'non: Chang and the Elephants, a sequel to the critically acclaimed children’s book by Trang Nguyễn, is scheduled to hit shelves on June 11 following the success of Saving Sorya: Chang and the...

Partner Content