Vietnam’s GDP is expected to develop quickly among the ASEAN-5 nations in 2023 and 2024. The nation is positioned to wager on a Circular Economy (CE), a widespread phenomenon for Sustainable Development, because it is pursuing a development path. The main environmental issues are listed in this study, together with observations about the development of laws and noteworthy initiatives in the direction of CE. For example, highlights the roughly 4,000 Recycling Craft Villages, with a particular emphasis on Da Hoi, that inadequately execute a CE. In conclusion, this essay seeks to depict circularity’s future, offer suggestions, and point out prospects and problems. Interviews and event attendance were part of the desk and field research.
Three main conclusions are presented in this research: first, persistent obstacles to achieving circularity in the recycling of craft villages due to limitations in the waste value chain; second, that circularity is necessary to reduce air pollution; and third, budgetary constraints. Policymakers, academics, and Vietnamese and foreign corporations will find this article interesting.