Page 10 - Layout 1

COVER STORY

PHOTO: CusHman & Wakefield VieTnam

t seems that the majority of Viet-
I
namese enterprises are still focus-
A FRAMEWORK cial success rather than taking a more
ing on business growth and finan-
FOR THE FUTURE appropriate look at Environmental, Social,
and Governance (ESG) criteria. However,
there are increasing numbers of enterprises
that are now aware of the needs and
Observers and stakeholders share their thoughts with values of applying ESG to their business
VET on the increased focus on Environmental, Social, for sustainability. Certain enterprises are
and Governance (ESG) criteria. integrating ESG criteria into their business
activities, but most are still in the early
stages, and enterprises with higher ESG
integration will have better financial per-
formance, talent retention, customer loy-
alty, and long-term value creation.
According to the survey results in Grant
Thornton’s International Business Report
(IBR), the leading reasons why enterprises
in Vietnam in the mid-market are priori-
tizing sustainability also expresses the roles

8 | VIETNAM ECONOMIC TIMES | JULY 2022 www.en.vneconomy.vn