SMEs show limited engagement in circular economy

Vietnamese small- and medium-sized enterprises (SMEs) have showed their limited participation in circular economy for both subjective and objective reasons, mostly related to resources, awareness, capacity and vision for benefits of circular economy, said Director of the Institute for Circular Economy Development (ICED) Asso. Prof. Dr. Nguyen Hong Quan.

From an efficiency perspective, the impact of circular economy comes more slowly and is not as strong as expected, he said, adding that financial, sci-tech, education and training, and communication support policies for circular economy remain limited while there is a lack of coordination between policy-making agencies, businesses and sci-tech institutions.

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