Representatives from Japanese enterprises shared their experience in carrying out social responsibility during a workshop held in Hanoi on July 14.

According to Yoshiro Kudo, Vice Chairman of the Japanese Council on Life-Innovation, being socially responsible means making business decisions based on the sustainable growth of other companies and people’s wellbeing; not for quick profit. Hence, a healthy market economy will be built through self-improvement of business ethics.

Japanese firms are contributing to economic development in Vietnam based on the mutually beneficial ties between the two countries, he said.

A representative from Japan’s Ministry of Economy, Trade and Industry shared 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