Impact of Circular Economy Practices on Sustainable Performance in Vietnam

Abstract

Purpose - This study attempts to examine the impact of circular economy practices (CEP) on sustainable performance (SP) in enterprises Vietnam, simultaneously assessing the moderating role of enterprises size.

Methodology - The study uses quantitative research methods, which is based on a sample survey of 608 enterprises nationwide. The data is then processed in PLS 4.1 software using the PLS-SEM model to evaluate influence of circular economy practices on sustainable performance.

Findings - The study finds that circular economy practices have a positive impact on sustainable performance. The results also demonstrate the moderating role of enterprise size in evaluating how circular economy practices affect sustainable performance.

Originality - The study provides empirical evidence from plastic firms in the context of emerging countries and Vietnam as the case study.