The seminar on environmental, social, and corporate governance on March 23. (Photo: VNA) The event, held in both online and offline formats, was co-chairedby HCMA Vice President Le Van Loi and the ambassadors of Denmark,Finland, Norway, and Sweden.
In his opening remarks, Loisaid the Nordic countries have obtained considerable achievements in economicgrowth, social welfare, environmental protection, and cultural valuepreservation. They are often viewed as the trailblazers in implementing theSustainable Development Goals. To their investors and organisations,environmental, social, and governance factors have long been recognised as animportant part of investment.
All of these are a valuablesource of reference for countries around the world, including Vietnam, henoted.
Norwegian Ambassador GreteLochen said governments play the key role in making and implementing importantpolicies to achieve green and sustainable economic recovery, which suitsVietnam at this point of time.
High-quality foreign direct investorsare seeking developing and emerging economies but also emphasising the adherenceto ESG principles as they are attaching more and more importance to ESG issuesin efforts to minimise investment risks. Besides, consumers now requireproducts be made in the countries with due attention to ESG, according to the ambassador.
This is highly crucial to anopen and export-oriented economy like Vietnam, whose most important exportmarkets are Europe and the US, the diplomat pointed out.
She added that ensuringsustainable use of energy sources, building social protection policies, andcombating corruption are the tasks in which both the state and private sectorhave an essential role to play.
At the seminar, participants,including experts, scientists, and businesses of Vietnam and the Nordiccountries, shared the view that to secure success, businesses and investorsneed a sustainable and predictable business climate with good governance, cleanenergy, good working conditions, and strong anti-corruption measures, which alsomatches the development policy of Vietnam./.
VNA
