Support private enterprises to do sustainable business

 Support private enterprises to do sustainable business

The overall goal of the Program is to sustainably develop private sector enterprises, ensuring a close, reasonable and harmonious combination between economic efficiency and social responsibility, protection of natural resources and the environment, contributing to the accomplishment of Vietnam's 17 sustainable development goals by 2030.

Mobilizing social resources, gradually developing an ecosystem to support sustainable business enterprises, actively contributing to creating jobs, improving living standards for low-income and disadvantaged people, environmental protection and response to climate change in Vietnam.

Supporting about 10,000 businesses to develop sustainably

The program strives to, by 2025, raise awareness of the private sector business community about the role, meaning and importance of sustainable business; fostering and raising awareness and qualifications of cadres, civil servants and public employees to meet the needs of support, advice and management on sustainable business.

Support to develop at least 10 tools and solutions to measure, evaluate and recognize sustainable business enterprises; thereby supporting about 10,000 businesses in the private sector to do sustainable business; contribute to achieving energy saving of 5.0 - 7.0% of total national energy consumption; increase labor productivity by about 7%/year on average.

Forming a database and developing an ecosystem to support sustainable business enterprises.

Building typical successful sustainable business models to spread and encourage businesses to develop sustainably; attract legal resources, especially from the business community, to implement initiatives towards sustainable business.

Scope and audience              

"Program to support businesses in the private sector to do sustainable business for the period 2022 - 2025" will be implemented nationwide in the period from 2022 to 2025.

The target audience is private sector businesses that conduct sustainable business (sustainable business enterprises).

Organizations promoting sustainable business development: research institutes, universities, non-business units, enterprises, organizations with legal status that carry out activities to support and promote sustainable business enterprises .

Ministries, central agencies; People's Committees of provinces and centrally run cities (provincial People's Committees) and attached units; associations and organizations tasked with implementing the Program's activities.

The program will implement 3 main activities: Developing a sustainable business support ecosystem; supporting sustainable business enterprises; Program management activities.

Supporting businesses to build sustainable business strategies and plans

Enterprises that are evaluated and recognized as a sustainable business enterprise are supported with the following contents:

- Support consulting, training, including direct training activities at enterprises on strategy formulation, model design, sustainable business plans; personnel; finance, production, sales, marketing, internal management and other contents related to production and business activities of the enterprise.

- Support domestic and foreign intensive training and coaching on the application and development of sustainable business models.

- Technology support includes: searching, selecting, decoding and transferring technologies suitable for enterprises; apply technical standards and regulations; costs of inspection, calibration, testing and measurement of product and service quality; intellectual property consultancy, exploitation and development of intellectual property; advice on choosing digital transformation solutions.

- Support the cost of renting and buying digital transformation solutions; testing, perfecting products, sustainable business models.

- Support consulting on accessing finance, calling for investment capital.

- Support in communication, trade promotion, market expansion for sustainable business products and services of enterprises: support for successful registration of accounts to sell products and services on trading floors international electronics; support the cost of maintaining accounts on domestic and international e-commerce platforms; support cost of venue rental, design and staging of booths, transportation of display products, travel expenses, expenses for accommodation and meals for representatives of enterprises participating in trade fairs and exhibitions domestic and foreign.

Sustainable business enterprise is a small and medium-sized enterprise that is supported by the state budget to implement the above contents according to the highest level of support specified in the Law on Support for Small and Medium-sized Enterprises and the decrees guiding the Law.