Korean Consulate General in HCM City Park Noh Wan delivers opening speech for the 5th CSR Awards. — VNS Photo Hoang Ha

HCM CITY (Biz Hub) — Eight South Korean businesses operating in Viet Nam were honoured yesterday with Corporate Social Responsibility (CSR) Awards for their contributions to socio-economic development in Viet Nam.

The fifth annual Corporate Social Responsibility awards ceremony for South Korean enterprises in Viet Nam was co-organised by the Korean Trade-Investment Promotion Agency (KOTRA), the Republic of Korea's Ministry of Trade, Industry and Energy (MOTIE), and Viet Nam's Ministry of Planning and Investment.

The awardees included Hyosung Vietnam Limited Company, Hanwha Life Insurance Vietnam, Shinhan Bank Vietnam, Sung Bu Vina Co, Ltd, Infac Vina Co, Ltd, Four Seasons Vina Co, Ltd, PTV Co, Ltd, and Eins Vina Co, Ltd.

This year, five of eight awards went to small- and medium-sized enterprises, while in the last several years they were given to big corporations.

The awards to SMEs this year show that they have acknowledged their social responsibility through practical and meaningful community activities, including improving the working environment, saving energy, and contributing to social security.

Besides creating jobs for local residents, this year's awardees engaged in a number of successful CSR activities.

Eins Vina Co, Ltd gave periodic support for an orphanage; Four Seasons Vina Co, Ltd, and PTV Co, Ltd gave scholarships to local schools; Hyosung Vietnam Limited Company and Shinhan Bank Vietnam took part in traditional cultural preservation activities; and Infac Vina Co, Ltd built a waste water treatment plant. — VNS