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ESG Practices Gain Attention in Vietnam: Key to Corporate Growth

  • Writer: KBC-LINK Editor
    KBC-LINK Editor
  • Sep 30
  • 2 min read

Updated: Oct 14

According to PwC Vietnam’s latest survey, 89% of Vietnamese companies plan to implement ESG (Environmental, Social, and Governance) initiatives within the next 2–4 years, a significant increase from 80% three years ago. Foreign-invested (FDI) companies are taking a leading role, reflecting growing interest in corporate sustainability.

ESG Initiatives
ESG Initiatives

ESG stands for Environment, Social, and Governance, representing a framework for companies to operate sustainably while considering environmental protection, social responsibility, and transparency in management. PwC Vietnam’s “2025 ESG Practices Survey” shows that 89% of surveyed companies plan to commit to ESG initiatives over the next 2–4 years, with only 11% having no plans. More than half of the companies have already started ESG activities, with 71% of FDI companies following international standards.


In contrast, many domestic companies face internal challenges such as strategy development, lack of expertise, and limited systems for measurement and reporting. While listed companies are advancing ESG integration, private companies still have low adoption rates.


Vietnam’s export-driven economy makes compliance with international ESG standards essential for maintaining competitiveness. Companies need to aim for sustainable growth through measures such as redesigning business models, reducing carbon emissions, and digital transformation. PwC experts emphasize that “ESG is not merely about regulatory compliance; it is a critical framework that helps companies prepare for the future through risk management and strategic integration.”

KBC-LINK’s Perspective

In Vietnam, ESG initiatives are likely to directly impact corporate trust and competitiveness. Aligning with international standards can improve operational efficiency, reduce carbon footprints, and strengthen relationships with local partners—creating opportunities for business growth in the Vietnamese market.


As an example, Foamdearing Co., Ltd. from Japan contributes to improving energy efficiency and reducing CO₂ emissions in factories and residential buildings through energy-saving and environmentally friendly products such as their “Kama Insulation Sheet.” Companies like Foamdearing, which proactively address environmental challenges, serve as important models for ESG-driven business practices in Vietnam.


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Edited by: KBC-LINK Editorial Team

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