Evaluate the economic effectiveness of practicing circular economy in agricultural production in Nam Dinh province

Abstract

   The study aimed to assess the economic efficacy of engaging in circular methods of farming in Nam Dinh province. The study conducted statistical research to identify indicators of circular economy and survey manufacturing facilities in the province to determine their level of engagement and the economic efficiency achieved through circular activities. Research findings indicate that using circular economy principles in agricultural production within the province yields cost savings, revenue growth, and enhanced profitability across several areas of production units. The study additionally investigates unresolved issues and presents potential solutions to enhance the promotion of the circular economy in the province.