For nearly four decades of reform, Vietnam’s private sector has become a key driver of growth, contributing about 45% of GDP, 33% of state budget revenue, and accounting for 97% of all enterprises.
A delegation of more than 50 Nepalese businesses, led by Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), recently visited the Vietnam Chamber of Commerce and Industry (VCCI) in Hanoi as the two countries celebrated 50 years of diplomatic relations.
The Vietnam Chamber of Commerce and Industry (VCCI), in collaboration with the Vietnam Business Council for Sustainable Development (VBCSD), held the Announcing Ceremony of Sustainable Companies in Vietnam 2025 under the theme “A New Chapter in the Green Era,” marking ten years of the Corporate Sustainability Index (CSI) program, which recognizes and honors companies that practice responsible business.
Resolution 68 of the Politburo places private enterprises at the center of Vietnam’s transition to a green, circular, and sustainable economy, fully aligned with the country’s development goals and international commitments.
As Vietnam has pledged to achieve net-zero emissions by 2050 at the 26th United Nations Climate Change Conference of the Parties (COP26), sustainable development and ESG (Environmental, Social, and Governance) practices are no longer optional but essential for business survival.
In an era where economic growth is no longer the sole measure of prosperity, the world is shifting toward a development model rooted in sustainability. The Global Risks 2025 report by the World Economic Forum (WEF) highlights that the top five global risks are all linked to climate change, corporate governance, and supply chain instability.
The 2025 Program on Benchmarking and Announcing Sustainable Companies in Vietnam (CSI 2025 Program), organized by the Vietnam Chamber of Commerce and Industry (VCCI), marks its 10th consecutive year of implementation under the government’s direction.
In recent years, Vietnam has introduced key policies to advance green economic growth and promote ESG (Environmental, Social, Governance) practices, aiming for sustainable development and net-zero emissions by 2050.
Major policies, specific initiatives, and sustainable development support models have been strongly implemented, creating favorable conditions for businesses to actively integrate, adopt ESG practices, and transition to green and circular business models.
Entering a new phase with many challenges, sustainable business has become the key for enterprises to remain resilient and expand.
During the official visit to Algeria on November 19, 2025, Prime Minister Pham Minh Chinh and his Algerian counterpart Sifi Ghrieb witnessed the signing of several important cooperation documents, including a memorandum of understanding (MoU) between the Vietnam Chamber of Commerce and Industry (VCCI) and the Chamber of Commerce and Industry of Algeria (CACI).
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