The seminar on sustainable business model (Source: VNA)
Hanoi (VNA) – Experience in building sustainable business model, a prerequisite condition for enterprises to maintain their competitive edge, was shared at a seminar in Hanoi on May 10.

The event forms part of the “Tomorrow is green” campaign initiated by the Embassy and Consulate General of the Netherlands with the aim of building a sustainable and prosperous future.

Doan Duy Khuong, Vice President of the Vietnam Chamber of Commerce and Industry (VCCI), pointed out that a slew of Vietnamese firms have found it hard to pursue sustainable business due to the shortage of capital and mechanisms as well as low administration capacity.

Therefore, he said, the sharing of experience in this field is crucial as it contributes to raising businesses’ awareness of social responsibilities, gearing towards environmentally friendly production activities.

At the seminar, many companies that are taking the lead in sustainable business presented their achievements as well as challenges they have to face in this regard.

Tran Vu Hoai, a representative from Unilever Vietnam, said his company targets safe products, effective water treatment and people’s higher living standards.

Participating businesspeople questioned policy makers, economists and researchers about issues relating to construction and growth model. They also consulted domestic and foreign organisations about how to overcome obstacles in running business.-VNA