CSR Award 2012 has caught the attention and interest of many Vietnamese entrepreneurs, enterprises and the entire business community. Vietnam Business Forum excerpts remarks by top businesspeople regarding this issue.
Ms Truong Thi Thanh Thanh, Director of FPT - Ho Chi Minh
At its annual strategy meetings, FPT Corporation introduces its CSR strategy and protects it like it defends business strategy. Previously, economic entities only cared about how to make most profit, but now all understand that we cannot have a developed economy in a volatile society and devastated environment. Therefore, business leaders must always ensure the harmony of three factors: Profit, People and Planet (3P) in the company’s business strategy. When we become a leading technology company in Vietnam, we care about sustainable development. Accordingly, the corporation thoroughly carries out the 3P strategy. Since the FPT Strategy Conference in 2011, FPT has been clearly aware that its individual acts of goodwill produced significant results. Thus, with its position, FPT determines to employ its core values, technology, to support the development of the society. FPT always spares a part of its profits to improve material and spiritual life of the employees and a part for social activities and comply with environmental protection regulations and environmental protective initiatives.
Mr Huynh Van Long, Director of Bao Long Co., Ltd.
In recent years, CSR is integrated into the company’s business strategy and becomes a condition for the company to develop, enhance and maintain competitive advantages because, apart from good reputation, the company also gets other benefits such as improved labour relations, reduced labour accidents, decreased employee turnover, increased labour productivity and strengthened loyalty of employees to the company. Not only making effort in business development, Bao Long puts a premium on social responsibility and considers it an obligation to the community. “Corporate social responsibility not only means doing charity but, higher than that, it is the responsibility to the community and humanity". Bao Long always highly values the human element as it is considered the most important resource for its development. Every year, Bao Long contributes a lot to pro-poor funds, natural disaster victims and humane campaigns and activities well as.
Ms Vu Thi Thuan, Chairwoman of Traphaco Joint Stock Company
The CSR Award is an important, practical and significant honour. I think that if we have a lot of businesspeople and enterprises engaged in social responsibility, the campaign will go nationwide. In many developed countries, social welfare is huge, they can pay unemployed staffs. Vietnam is still poor, particularly now, and people tend to tighten their belts. So, who will give a helping hand if entrepreneurs and businesses do not act as a vanguard? These honouring activities will make companies still ignorant of CSR think again. I hope more companies will join forces in this work.
Mr Nguyen Duc Tin, General Director of Loc Ninh Rubber Ltd., Co. (LORUCO)
In the current context of economic upheaval, in addition to business performance objectives, LORUCO always demonstrates its corporate social responsibility to its employees as well as localities with its business presence. The leadership always sees that CSR plays an important role to the development of LORUCO in particular and Vietnam in general. To speed up and strengthen social responsibility, in addition to employment and environment criteria, the company also takes care of other aspects like social security, especially transportation systems, schools, clinics, hospitals, and charity.
Mr Le Phuoc Vu, Chairman of Hoa Sen Group
CSR Award will be the driving force for businesses to strive for better working conditions and living standards of employees, protect the environment, and encourage employees to participate in this process. These in combination contribute to the group’s prestige and facilitate enterprises to improve competitiveness in the process of international economic integration.
The company constantly equips employees with best knowledge and practices to bring their individual potential into full play. We find that as we take responsibility, sharing in empathy with society, and we are aware of our corporate responsibility to the working environment, social environment, and general climate environment of the region as well. Hoa Sen not only makes steel, but also is involved in many community development activities, making it a powerful and friendly brand name. For that reason, the Annual General Meeting of Shareholders decides to set aside 1 per cent of net profit for charitable activities. Currently, the group has been recognised as a national brand - a brand associated with popular identity, shared social responsibility, consumer and public trust. People love, trust, purchase and use Hoa Sen’s products, and Hoa Sen will have better conditions to perform social responsibility for the social community.
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