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social impact

SIBs in Việt Nam: challenges, opportunities, and the way forward

SIBs in Việt Nam: challenges, opportunities, and the way forward

Ramla Khalidi, UNDP Resident Representative in Việt Nam, spoke with Việt Nam News reporter Lê Việt Dũng about the evolving SIB sector and its role in addressing social and environmental challenges in the country.
First-ever White Book on Social Impact Business launched

First-ever White Book on Social Impact Business launched

The White Book on Social Impact Business in Việt Nam was developed within the framework of the project “Leveraging Việt Nam’s Social Impact Business Ecosystem in Response to COVID-19” (ISEE-COVID).
Nurturing Social Impact Business paves the way to sustainable development

Nurturing Social Impact Business paves the way to sustainable development

SIBs make up only 4 per cent of the private sector in Việt Nam, but they play a crucial role in achieving Sustainable Development Goals.
Social impact businesses need favourable policies to hold ground

Social impact businesses need favourable policies to hold ground

Viet Nam had around 22,000 SIBs in 2018, accounting for 4 per cent of the total number of companies in the country.
Social impact businesses in dire need of support

Social impact businesses in dire need of support

Lack of capital, information, business management capacity and a sustainable market for their products were among the major challenges faced by social impact businesses (SIBs) in Viet Nam, said policymakers and international experts.
Environment needed to promote impact business

Environment needed to promote impact business

The social impact business (SIB) model aims to minimise environmental and social damage through balancing the 3P pillars – Profit, People and Planet.
New COVID-19 adaptation programme for social impact businesses

New COVID-19 adaptation programme for social impact businesses

The number of COVID-19 cases in Viet Nam is decreasing but the adverse effects of COVID-19 on the businesses, especially those led by the vulnerable groups, are still prolonged and damaging.
‘Impact investing in VN creates social impact, financial growth

‘Impact investing’ in VN creates social impact, financial growth

Investors, business and finance leaders took part in a discussion in HCM City on Nov 16 on impact investing, which intends to a positive social impact alongside financial returns.