The Vietnam Business Council for Sustainable Development (VBCSD) under the Vietnam Chamber of Commerce and Industry (VCCI) held a ceremony on November 26 to honour 20 sustainable enterprises in Vietnam.
The Vietnam Business Council for Sustainable Development (VBCSD) honours 20 sustainable enterprises in Vietnam (Photo: VNA)
Hanoi (VNA) – The Vietnam BusinessCouncil for Sustainable Development (VBCSD) under theVietnam Chamber of Commerce and Industry (VCCI) held a ceremony on November 26 tohonour 20 sustainable enterprises in Vietnam.
Thehonoured firms included Vietnam Dairy ProductsJoint Stock Company (Vinamilk), Coca-Cola Beverage Vietnam, Heineken Vietnam, Unilever Vietnam, Herbalife Vietnam,Prudential Vietnam, Joint Stock Commercial Bank for Investment and Developmentof Vietnam (BIDV), Baoviet Holdings, Swiss Poss Solutions Ltd., and Ho Chi Minh City Development Joint Stock CommercialBank (HDBank).
Addressingthe event, VCCI Vice President Vo Tan Thanh said that Corporate SustainabilityIndex (CSI) has been used to evaluate businesses’ operations since 2019, whichwill be applied in a broader scale in 2020.
TheVCCI-developed CSI 2019 has been simplified from 131 criteria to 98 criteria insocio-economic and environmental aspects. As many as 90 percent of the criteriaare about law observation, he noted.
Throughthe CSI, enterprises can systemize the information of their business managementincluding process, management method, production, efficiency, relevant laws and regulations, thus improving and promoting theirsustainable development strategy, said Thanh.
Onthe occasion, the VBCSD also honoured nine outstanding media works onsustainable business development, which were chosen from 100 entries.
TheVBCSD was set up in 2010, aiming to strengthen the close collaboration anddialogue between the business community, the Government and partners to promotesustainable development.
Thecouncil is one of the 69 partners of the global network of the World BusinessCouncil for Sustainable Development, with four major activities ofcommunications for awareness improvement, training, research and internationalcooperation./.
Sustainable development should be put at the core of enterprises’ business strategy if they want to integrate into and rise higher in the global value chains, said General Secretary of the Vietnam Chamber of Commerce and industry (VCCI) Nguyen Quang Vinh.
The top 100 sustainable enterprises in 2018 were announced at a ceremony held by the Vietnam Business Council for Sustainable Development (VBCSD), under the Vietnam Chamber of Commerce and Industry (VCCI), in Hanoi on November 22.
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The Vietnam Business Council for Sustainable Development (VBCSD) honours 20 sustainable enterprises in Vietnam (Photo: VNA) 
