Businesses more aware of CSR: Vietnam Report

Apr 13th at 07:44
13-04-2017 07:44:05+07:00

Businesses more aware of CSR: Vietnam Report

A survey by Vietnam Report JSC revealed today that leading firms in Viet Nam are more aware of the importance of corporate social responsibility (CSR) for their growth and prosperity.

Five CSR issues which received significant attention from firms were business transparency, local community aid, reducing unemployment, environmental protection and career orientation for the youth, according to the survey’s findings.

The major motivation behind businesses’ CSR strategies is to preserve and enhance the brand’s reputation, which accounted for 89.47 per cent of the responses.

Businesses were also more aware that “to give is to receive,” according to Viet Nam Report.

A majority of leading firms agreed that growth and prosperity were vital to their success.

The findings were highlighted at a ceremony held on Wednesday in Ha Noi to announce the top 500 best growth (Fast 500) and top 500 best prosperity (BP500) companies.

2017 is the seventh year in a row that Fast500 has been published and the second year for BP500.

FPT Software topped the Fast500 list, while the Vietnam Military Telecommunications Group topped BP500.

Vietnam Report also announced the top 10 property developers, which included VinGroup, Novaland, Sacomreal, CEO Group and Hoa Binh Group.

For the first time, Vietnam Report officially launched the Top 50 Viet Nam Best Growth and Prosperity at today’s event.

Its report on Viet Nam’s growth and prosperity in 2017 also pointed out that the economy must be transformed in terms of quality and efficiency to improve competitiveness for successful integration and sustainable development.

bizhub



NEWS SAME CATEGORY

Viet Nam treasures ties with Japan: Minister

Viet Nam knows that its relations with Japan are becoming increasingly important in the context of rapid global and regional changes, Minister of Planning and...

Sluggish Q1 puts 2017 growth target beyond reach: report

With first quarter growth in 2017 the lowest in the last three years at 5.1 per cent, the targeted GDP growth of 6.7 per cent this year will be a tough task, a new...

New business efficiency index coming soon

The General Statistics Office of Viet Nam (GSO) is developing a new set of indices to evaluate the development and efficiency of businesses in provinces and cities...

Deputy PM urges faster sale of State capital

In the next round of equitisation, State capital must be sold faster, at higher value, and the enterprises’ corporate governance must further improve, Deputy Prime...

Prime Minister approves golf course project

The Prime Minister has given the green light to a plan on developing the Kim Bang golf project on a total area of 198.24ha in Kim Bang District, Ha Nam Province.

Can Tho city seeks French investment in agriculture

Officials of the Mekong Delta city of Can Tho introduced the local potential and advantages to French companies and called for investment, especially in...

Frequent inspections tire Vietnamese business owners

Despite a government order dictating that authorities only inspect businesses once a year, enterprises in Vietnam are facing repeated inspections that do more harm...

EU investors pump more than $21.56 billion in Viet Nam

As of March, investors from the European Union had injected more than US$21.56 billion into 1,959 projects in Viet Nam, accounting for 7.2 per cent of total foreign...

500 exhibitors to attend Expo 2017

The 27th Viet Nam Expo, scheduled to take place April 19-22 in the capital city, assumes added significance given the “special context” in which it is happening...

Binh Duong records positive export growth

The export turnover of the southern Binh Duong Province touched US$6.36 billion in the first quarter of 2017, a year-on-year rise of 16.1 per cent.


MOST READ


Back To Top