Journal of Legal, Ethical and Regulatory Issues (Print ISSN: 1544-0036; Online ISSN: 1544-0044)

Abstract

Corporate Social Responsibility on Environmental Protection in Vietnam

Author(s): Sang Phamthihuyen, Huong Tathithu

Environmental protection is the top priority on socio-economic development of policy-making since the environment is a core condition to ensure the sustainable development of all nations. In order to maintain a successful result in business activities, firms must not only make profits, but also fully implement corporate social responsibility on environmental protection, according to the perspective of sustainable development. However, due to a variety of objective and subjective factors, the implementation of corporate social responsibility on environmental preservation in Vietnam has received insufficient attention and has encountered numerous challenges. This study aims to research and systematize current legal and theoretical issues on corporate social responsibility in terms of environmental protection in order to contribute to promoting sustainable development in general and corporate social responsibility on environmental protection in particular. Simultaneously, this study used that theoretical foundation to assess the existing situation and identify limitations and obstacles in the implementation of corporate social responsibility for environmental protection in Vietnam in recent years. As a result, the goal of this research is to suggest ways to improve the current state of corporate social responsibility in Vietnam with regard to environmental preservation.

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