State and corporate social responsibility in Vietnam

Corporate Social Responsibility (CSR) appeared in Vietnam about 20 years ago in connection with the beginning of the process of international integration. Multinational companies such as Toyota, Honda, Nestle, Unilever, etc. became the initiators of CSR in the country. Later, some Vietnamese enterprises, especially large export companies, realized the need to integrate social responsibility into a business strategy, considering it as a means of access to the world market. Nevertheless, in Vietnam there is a significant part of enterprises that have not paid attention to this problem due to insufficient knowledge of the role and nature of social responsibility. Most business executives either consider social responsibility to be a heavy burden or identify it with charity. This article both discusses the progress in the implementation of CSR in Vietnam in connection with the growing role of the state, and analyzes the experience of some Asian countries to be used in this area.

social responsibility, corporate social responsibility, business strategies, the role of the state, charity, international integration