AHK Vietnam - Delegation of the German Industry and Commerce in Vietnam’s Post

CONFERENCE DEVELOPMENT AND IMPLEMENTATION OF POLICIES FOR PROMOTION OF “RESPONSIBLE BUSINESS PRACTICES”    📌 Yesterday, AHK Vietnam participated in the conference "Developing and Implementing Policies for the Promotion of Responsible Business Practices," organized by ProNGO! e.V. and RED Communication as part of the "Win-win for Vietnam" project funded by the EU. The event brought together representatives from #UNDP (#Dzeneta_Mulabegovic & #Huan_Nguyen), businesses #Adidas, #EnBW (#Dr_Lothar_Rieth), local NGOs #ProNGO! (Chau Bui), and numerous civil society organizations (CSO) to advance the discussion on upholding responsible practices in Vietnam's business landscape.   ✅ As #BusinessScout and Project Manager of Sustainable and Climate Resilient Supply Chains, Ms. Huyen Nhu Lanh represented AHK Vietnam to contribute a keynote speech on "Promoting Sustainable Business in Vietnam". From our perspectives, protecting worker welfare and rights is one of the important pillars of the German Supply Chain Due Diligence Act (#LkSG) which is ramping up expectations for mandatory human rights and environmental diligence.   ✅ Several recommendations from AHK Vietnam to foster sustainability in Vietnam could be named:  ✦ Finetune the legal framework: specify responsibility for the product to the manufacturer to be responsible for the life cycle of the product;  ✦ Establish strong penalties to deter violations and strengthen the control mechanism;   ✦ Develop incentives to create motivation for sustainable businesses (e.g., tax incentives);  ✦ Raise public awareness of choosing eco-friendly products.    🤝 Within the event, participants engaged in meaningful dialogue regarding challenges with supply chain mapping, risk mitigation, and Vietnam's climate action progress to promote sustainable business practices. Overall, stakeholders agreed that multi-party cooperation is key to leveraging emerging ESG opportunities while safeguarding human rights, transparency, and the environment as trade and "green" investment in Vietnam continue growing.    🔎 AHK Vietnam is providing German companies and Vietnamese suppliers with consultation related to doing business in line with the #LkSG. Learn more about our project: https://lnkd.in/ge-7MZBe 🤝 Many thanks to ProNGO! and RED Communication for having us and for organizing this remarkable event! #AHKVietnam #Sustainability #HumanRights #PartnerForSuccess

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Dr. Nam NGUYEN

CEO & Climate Advisor

6mo

That's a great

Chau Bui

Doctoral researcher at FAU/Co-founder & Director of Operations at Visible Impact/DAAD Scholar

6mo

Thank you very much to AHK Vietnam and especially Ms Huyen Nhu Lanh for your great support and contribution to the success of this Policy Conference.

Lukas Quang Tran

Director, Global Sustainable Sourcing Solutions Co., Ltd. (GSS) | CSR - ESG - HREDD - Social, Environmental & Ethical Compliance Professional | Supply Chain & Sustainability Senior Advisor, Master Trainer & Event Speaker

6mo

Congrats! I really appreciate all the hard work you’ve put into promoting sustainable business in Vietnam! Huyen Nhu Lanh

Nguyen Ngoc Hien

Principal Lecturer at National Economics University

6mo

You looks great Huyen Nhu Lanh

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