273 SC6 leads to the second highest economic growth level of all scenarios, significantly positive impacts on employment, and ensures security of food, water, and energy, while controlling CO2 emiss[.]
273 SC6 leads to the second highest economic growth level of all scenarios, significantly positive impacts on employment, and ensures security of food, water, and energy, while controlling CO2 emission risks Other development pathways for Vietnam (i.e., SC1, SC2, etc…), while providing limited positive results in specific domains – overall, produce inferior socio-economic and security outcomes The inter-linkages among the energy–food–water sectors, and how these linkages impact socio-economic progress and the environment will be critical inputs for policymakers as they consider alternative policy choices for the future 8.1.5 Policy implications and trade-offs While the estimates of socio-economic and environmental impacts, and energy-foodwater security impacts are useful for strategic planning in Vietnam, yet they are insufficient for designing efficacious long-term policies for food, water, and energy resources The design of such policies – it is contented - will require sharper insights into the trade-offs between multiple domains, i.e., economic, social, environmental and political Such trade-offs will enable the policy makers to weight the implications of their policy choices and select policies which will provide best outcomes The analysis in this research provides insights into the nature of synergies and trade-offs that policymakers need to confront when developing future strategies If the Vietnamese government considers a development pathway that can leverage all the advantages while overcoming the cross-sector impacts as shown in SC2, SC3, SC4, and SC5, the country can experience a significant improvement in all economic sectors and achieve strong GDP growth, creating more employment while ensuring the security of energy, food, and water over the long term In comparison with the continuation of BAU, each scenario reflects distinctive overall advantages despite specific cross-sectoral negative impacts The SC6 scenario however presents the best option where policies would be expected to result in higher economic security and suitable investment conditions with a considerable reduction in CO2 emissions Still, this pathway will have some critical challenges that need to be addressed For example, to achieve GDP growth of 6.92% per year, Vietnam will need to procure investments for technological transformation and industrialisation, while ensuring public transparency in investment efficiency To achieve high levels of