CSI 2024: Businesses embrace green transition through technology, innovation

The Corporate Sustainability Index (CSI) Awards 2024 honor leading enterprises in sustainable development, showcasing the remarkable adaptability and innovation of Vietnamese businesses in the green and digital era.

CSI 2024, themed "Businesses Rising in the Green Era," marks the ninth edition of the CSI programme, organised by the Vietnam Chamber of Commerce and Industry (VCCI) in coordination with ministries and agencies. (Photo: VietnamPlus)
CSI 2024, themed "Businesses Rising in the Green Era," marks the ninth edition of the CSI programme, organised by the Vietnam Chamber of Commerce and Industry (VCCI) in coordination with ministries and agencies. (Photo: VietnamPlus)

Hanoi (VNA) – More than 100 outstanding firms were honoured at the CSI awards ceremony on November 29, reflecting Vietnam's robust shift toward green development.

CSI 2024, themed "Businesses Rising in the Green Era," marked the ninth edition of the CSI programme, organised by the Vietnam Chamber of Commerce and Industry (VCCI) in coordination with various ministries and agencies.

Commitment to sustainable development

VCCI Chairman and CSI 2024 Steering Committee Head Pham Tan Cong said the programme aims to recognise businesses excelling in sustainable practices, aligning with government directives. He added that the programme utilises the index as a key evaluation framework.

This year’s programme attracted a diverse network of nearly 500 companies nationwide. Following rigorous screening, 142 finalists were selected. Within the selected businesses, 62% were domestic firms, and 35% were first-time participants. These figures underscore growing awareness and commitment to sustainable development among Vietnamese businesses.

Cong suggested businesses reform operations toward creative, humane, and sustainable models, in order to contribute to social progress and prosperity.

CSI2.webp
VCCI Chairman and CSI 2024 Steering Committee Head Pham Tan Cong speaks at the award ceremony. (Photo: VietnamPlus)

Enterprises pursue sustainable business models that develop stronger resilience to challenges, and are better positioned to seize global opportunities that are often based on a measure of sustainability.

With 153 criteria, including 62% compliance-based and 38% advanced indicators, CSI 2024 provides a comprehensive evaluation of businesses across multiple aspects - economic efficiency, corporate administration, social responsibility, and environmental sustainability.

Notably, CSI 2024 includes more quantitative metrics than in previous years, covering net revenue from climate-impacting activities and investments in sustainability-related plans. While these metrics demand greater efforts, they enable businesses to review resource allocation for sustainable growth.

Progress by domestic firms

The awards spotlighted 100 exemplary companies in manufacturing and trade-service sectors, with the top 10 seeing a balanced representation of domestic and foreign-invested firms. This reflects the progress of Vietnamese enterprises in sustainability—a domain once dominated by FDI firms.

In addition to the main categories, honours were also presented for business initiatives in the circular economy and greenhouse gas reduction, and companies fostering diversity, equity, and inclusion.

CSI3.webp
The awards spotlights 100 exemplary companies in manufacturing and trade-service sectors. (Photo: VietnamPlus)

Nguyen Quang Vinh, VCCI Vice Chairman and Vietnam Business Council for Sustainable Development (VBCSD) Chairman, underscored the crucial role of environmental, social, and governance (ESG) practices in strengthening inner resilience. He also introduced the "CSI Club," a platform for awardees to share experiences, furthering sustainable business practices.

The success of CSI 2024 was bolstered by key partners, including Nestlé Vietnam, Coca-Cola Vietnam, British American Tobacco Vietnam, and SABECO. Established in 2010 under government approval, VBCSD serves as a vital bridge between businesses, State management agencies, and international organisations./.

See more

Local residents and visitors tour and shop at a fair. (Photo: VNA)

Made in Vietnam Fair set to open in Hanoi

The Made in Vietnam Fair will showcase a wide range of products, including industrial and consumer goods, processed foods, agricultural produce and handicrafts, with the participation of distribution systems, e-commerce platforms, digital platforms and digital financial solution providers operating in Vietnam.

2025 a good year for Vietnam’s securities sector: SSC

2025 a good year for Vietnam’s securities sector: SSC

During the year, the SSC made significant progress in improving the legal and policy framework. Institutional work was implemented in a coordinated manner, including the issuance of two decrees, one resolution, seven circulars and three major schemes. At the same time, the regulator strengthened policy dialogue and expanded cooperation with international organisations to support the market upgrade process.

Vietnam shows strong FDI performance in the first 11 months of 2025 (Source: vtv.vn)

Vietnam shifting FDI attraction focus from volume to quality

As production relocation to Southeast Asia accelerates and competition for FDI intensifies, Vietnam faces increasing pressure from regional rivals such as India, Malaysia and Indonesia, which are offering bold tax incentives and developing specialised industrial parks. This reality requires Vietnam to shift its focus from attracting large volumes of capital to drawing high-quality investment, prioritising core technologies, innovation, value chain linkages and higher localisation rates.

Vice Chairman of the Ho Chi Minh City People’s Committee Hoang Nguyen Dinh inspects IUU fishing prevention efforts at Hung Thai Port in Long Hai commune. (Photo: VNA)

Ho Chi Minh City steps up oversight of unqualified fishing vessels

HCM City currently has 4,475 fishing vessels, all of which have been registered and updated on the VNFishbase system. Among them, 4,268 vessels, or 95.37%, have been granted fishing licences, while 207 unqualified vessels are being strictly managed and kept ashore.

Airlangga Hartarto (fifth from right), Indonesian Coordinating Minister for Economic Affairs, and CEO of VinFast Asia Pham Sanh Chau (sixth from right) at the plant opening ceremony on December 15. (Photo: VinFast)

VinFast inaugurates EV plant in Indonesia

The VinFast Subang plant was completed and put into operation just 17 months after groundbreaking, demonstrating the company's rapid execution capability and strong implementation capacity. This is VinFast's fourth operational facility worldwide, and its first plant in Indonesia and Southeast Asia outside of Vietnam.

From early December, major retail chains in Ho Chi Minh City have recorded a noticeable increase in shoppers seeking Tet products. (Photo: VNA)

HCM City businesses ramp up production to meet Lunar New Year demand

From early December, major retail chains in the city have recorded a noticeable increase in shoppers seeking Tet products. Many consumers are taking advantage of promotional programmes to purchase gift items with long shelf lives, such as confectionery, soft drinks and processed foods, well ahead of the holiday peak.

Workers process fish to be tinned for export at KTC Canned Food Factory under Kien Giang Trading JSC. (Photo: VNA)

Vietnam to host seminar on export growth strategies

Vietnam's exports rose 16.1% to 430.2 billion USD in the first 11 months of 2025, while total trade hit 839.8 billion USD during the same period. This strong performance shows that exports remain a key driver of economic growth, boosting Vietnam's standing on the world stage in recent years.

The vessel carrying the 2 millionth TEU arrives at Hai Phong Port. (Photo:VNA)

Hai Phong Port reaches 2-million-TEU milestone

Handling the 2 millionth TEU in 2025 not only demonstrates Hai Phong Port’s operational capacity and the collective efforts of its workforce, but also highlights its increasingly important role in regional and global supply chains, the confidence of shipping lines, logistics firms and the business community, and the effectiveness of policies to improve the investment climate and strengthen maritime infrastructure and services.

Melons labelled with traceability codes on display at the Song Van agricultural produce store in Ninh Binh city, Ninh Binh province. (Photo: VNA)

Tracing origins hindered by fragmented data systems

As the Government accelerates the digital economy, establishing a unified national traceability system has become a crucial move to end data fragmentation and disconnection among ministries, sectors and localities.