According to Yoshiro Kudo, Vice Chairmanof the Japanese Council on Life-Innovation, being socially responsiblemeans making business decisions based on the sustainable growth of othercompanies and people’s wellbeing; not for quick profit. Hence, ahealthy market economy will be built through self-improvement ofbusiness ethics.
Japanese firms are contributingto economic development in Vietnam based on the mutually beneficial tiesbetween the two countries, he said.
Arepresentative from Japan’s Ministry of Economy, Trade and Industryshared that if enterprises include responsibility in their strategies,it will become their strength.
He continued to note that the duty ought to be part of business management, not just humanitarian activities.
The Central Institute for Economics Management (CIEM) organised the workshop.-VNA