VCCI, PwC Seek to Expand Knowledge Cooperation for Sustainable Business

As businesses pay closer attention to corporate governance standards, social responsibility, and sustainable development, the Vietnam Chamber of Commerce and Industry (VCCI) and PricewaterhouseCoopers (PwC) Vietnam recently held a working session to discuss strategic directions for cooperation. The meeting focused on expanding knowledge sharing, professional resources, and surveys of business needs in the context of international integration.

VCCI Vice President Nguyen Quang Vinh at the working session with PwC’s delegation 

At the session held at VCCI headquarters, VCCI Vice President Nguyen Quang Vinh referred to the long-standing partnership between the two organizations, which have worked together on various initiatives related to governance standards, sustainable development, and global economic integration.

“PwC has contributed expertise during many phases of developing VCCI’s programs and initiatives. This provides a foundation for both sides to explore new areas of cooperation that are deeper and more substantive,” Vinh said.

From PwC’s side, Partner at PwC Vietnam Luong Thi Anh Tuyet said Vietnamese businesses are demanding higher-quality data, research, and governance knowledge aligned with international standards. PwC therefore aims to work with VCCI to provide research reports, surveys, and professional materials to help Vietnamese companies strengthen their competitiveness and better align with global standards.

“Knowledge and research sharing is at the core of PwC’s work. We look forward to partnering with VCCI to expand access to these resources across the business community, especially as governance and sustainability standards continue to evolve rapidly,” Tuyet said.

She also spoke about the role of communications in amplifying the value of joint initiatives. Any knowledge products or business assessment tools developed should have clear, transparent structures and be communicated effectively so that businesses can easily access and apply them.

During the session, several new cooperation ideas were raised, including a proposal to research and develop business assessment and ranking tools based on different pillars, including environmental, social, and governance (ESG) factors.

From VCCI’s side, Pham Thai Lai, Director of the Center for Economic Information and Communication under VCCI, said these ideas are still under discussion and further review. VCCI aims to develop initiatives with strong practical application that respond to the needs of businesses and the broader economic community. The discussions go beyond a single proposal and mark the first step in a consultation process to clarify direction, scope, and feasibility when conditions are suitable.

From a strategic perspective, Nguyen Quang Vinh pointed out that the market already has many awards and titles for businesses. If additional assessment or ranking tools are developed, the key requirement is to create meaningful differentiation and avoid overlap with existing programs.

“The issue is not about creating another ranking table, but about clarifying each party’s role and answering a fundamental question: what value does this tool bring to businesses, and how does it help them improve governance and pursue sustainable development?” Vinh said.

He added that concepts such as Corporate Social Responsibility (CSR), sustainable development, or ESG may evolve in terms of models or terminology over time, but fundamentally they all revolve around the role of businesses in creating economic value alongside social responsibility and environmental protection. This serves as the basis for VCCI and PwC to continue discussing future cooperation initiatives.

By Thu Huyen, Vietnam Business Forum