Vietnam Corporate Sustainability Forum 2015

 Deputy Prime Minister Vu Duc Dam urged businesses to pay greater attention to sustainable development amid deepening global integration and growing competition at the Viet Nam Corporate Sustainability Forum 2015 held yesterday in Ha Noi.
 
The forum, jointly held by the Viet Nam Chamber of Commerce and Industry (VCCI) and the British Council, updated businesses on new sustainability themes and trends, and discussed models and solutions for such development.
 
Dam said that Viet Nam's business community needs a vision to establish and maintain a stable socio-economic development for the country, warning that many firms had yet to pay adequate attention to the issue.
 
 
Businesses should know their strengths and bring their advantages into play to secure a firm foothold in the market and develop their businesses. They should also actively seek new ways to benefit from global sustainability trends, he urged.
 
 
"Improving the business climate is critical for sustainable economic development," Dam said at the forum, adding that factors that lead to fair competition and access to resources must be encouraged.
 
 
Dam emphasised the Government's commitment to supporting the business community improve in productivity, competitiveness and sustainable development, as demonstrated by the promulgation of Resolution 19.
 
 
Experts at the forum pointed out that an advantageous business environment was one, among many, key factors needed to create a harmony between growth and sustainable development. They added that other important components are human factors such as social and environmental issues.
 
 
Vorapong Vorasuntharosoth, co-chairman of the Viet Nam Business Council for Sustainable Development (VBCSD), stressed the need to develop a measurement tool to track the efforts of businesses in sustainable development, quoted by the Voice of Viet Nam.
 
 
He added that VBCSD was planning to build a set of indices for sustainable corporate development that are in line with Viet Nam's political and social situation, as well as international benchmarks for concerned parties in business, government, investment and the public.
 
ASEAN General Secretary Le Luong Minh, stressed the role of business in building a sustainable ASEAN economic community, adding that through social responsibilities, businesses could contribute to and enhance sustainable development, social welfare, social equality and environment sustainability. — VNS

Other News

Dow Starts Up Key Polyols Production Facility in Thailand

New facility to support Asia demand in key growth markets for versatile polyurethane chemistry

"Dialogue at work Vietnam" Project

Starting from post-course feedbacks and assessments from trainees and basing on the actual needs of international purchasers, VBCSD and IEH joined hands to launch the Dialogue@Work Vietnam Project in 11 months, starting from January to November 2015.

VBCSD develops the Corporate Sustainability Index

The Corporate Sustainability Index (CSI) is developed as a gauge of corporate values based on sustainable development criteria in the fields of economy, environment and society, and a tool to record measured items and manage changes for the sake of better corporate sustainability.

Action2020 in Southeast Asia Project's meeting

On 10th of March, representatives of six Business Councils for Sustainable Development (BCSDs) from Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam participated in the meeting of the Action 2020 in Southeast Asia (SEA Action2020) Project in Bangkok, Thailand. At this meeting, the deputies introduced their Councils’ sub-projects under the umbrella of SEA Action 2020 and updated the progress of those sub-projects.

5 ways to apply natural capital valuation in your business

Natural capital is a new way for business to think of the environment — a way that overcomes the current disconnect between economic growth and nature

CSR Next-Gen Forum: Breakthroughs for inclusive and sustainable growth in Asean

Focused on finding “breakthroughs for inclusive and sustainable growth in ASEAN post 2015”, the ASEAN Next-Gen Corporate Social Responsibility Forum was held at the Laguna Resort in Bali, Indonesia from 3-7 February, with ASEAN Secretary General Le Luong Minh and Indonesian Coordinating Minister for Human Development and Culture Puan Maharani as guests of honour.

VBCF pledges nearly USD nine million to 21 Inclusive Business ventures

Following the award of USD 2.5 million to the first eight companies in October 2013, VBCF has decided to invest an additional funding of USD 6.5 million to 13 innovative and inclusive business ventures in three focus areas, including agriculture (42%), low carbon growth (33%), infrastructure and basic services (25%)

Improving productivity-based competitiveness - The challenge of Vietnam's economy

Low productivity is the main factor hampering competitiveness - the key to economic growth. Vietnam is at risk of being left behind in the economic development race if its productivity disadvantages are not addressed.

The meeting between VBCSD and DPM Vu Duc Dam

Every six month, VBCSD is honored to have a meeting with the Deputy Prime Minister cum Chairman of the National Council for Sustainable Development and Competitiveness Improvement.

Low Carbon Economy Index 2014 | 2 degrees of separation: ambition and reality

This year, the Low Carbon Economy Index (LCEI) is being launched in the run up to the critical series of international climate meetings and negotiations that are kicking off in New York, then moving on to Lima and Paris by December 2015.