{"id":76194,"date":"2024-09-26T14:35:00","date_gmt":"2024-09-26T07:35:00","guid":{"rendered":"https:\/\/neu.edu.vn\/baophapluat-vn-talk-show-responsible-business-contributes-to-building-a-socialist-rule-of-law-state-studio-guest-assoc-prof-dr-nguyen-thuong-lang\/"},"modified":"2024-09-26T14:35:00","modified_gmt":"2024-09-26T07:35:00","slug":"baophapluat-vn-talk-show-responsible-business-contributes-to-building-a-socialist-rule-of-law-state-studio-guest-assoc-prof-dr-nguyen-thuong-lang","status":"publish","type":"post","link":"https:\/\/neu.edu.vn\/en\/baophapluat-vn-talk-show-responsible-business-contributes-to-building-a-socialist-rule-of-law-state-studio-guest-assoc-prof-dr-nguyen-thuong-lang\/","title":{"rendered":"Baophapluat.vn: Talk Show: Responsible Business Contributes to Building a Socialist Rule-of-Law State. Studio Guest: Assoc. Prof. Dr. Nguyen Thuong Lang"},"content":{"rendered":"<div>\n<div>(PLVN) &#8211; According to Assoc. Prof. Dr. Nguyen Thuong Lang, Senior Lecturer at the School of Trade and International Economics, National Economics University (NEU), and Dr. Tran Minh Son (Ministry of Justice), Chairman of the Advisory Council of the PACC International Arbitration Center, although there is no official document yet, Vietnam has devoted attention to and taken steps toward developing and improving legal regulations as part of its efforts to improve policies and laws and promote responsible business practices in everyday life. Vietnam Law Newspaper held a seminar with experts on this issue.<\/div>\n<\/p><\/div>\n<div>\n<p><em>Host: Could our speakers explain how responsible business practices are being implemented internationally?<\/em><\/p>\n<p>Dr. Tran Minh Son: At different times, people view responsible business differently, but they still adhere to at least some fundamental principles. For example, responsibilities related to human rights or environmental protection are among the first fundamental principles.<\/p>\n<p>In addition, countries around the world have applied many other principles, such as principles of competition, scientific principles, consumer protection principles, and taxation principles. Taken together, there are at least seven fundamental principles that are being referenced and applied internationally.<\/p>\n<p>Assoc. Prof. Dr. Nguyen Thuong Lang: In my view, an important dimension has recently emerged: the frequently discussed principle of leaving no one behind. This principle means that development must be inclusive, and we must fully embrace it throughout the process of sustainable development.<\/p>\n<p>Another principle that I consider particularly important is the need to remedy and correct mistakes and shortcomings caused by irresponsible conduct. Previously, simply making the appropriate corrections was enough, but now we may need to do more, even going beyond that scope.<\/p>\n<table>\n<tbody>\n<tr>\n<td><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/image.baophapluat.vn\/w840\/Uploaded\/2024\/feryxqdrei\/2024_09_26\/9c6e99f37525d37b8a34-168.jpg\" alt=\"Overview of the seminar\" width=\"840\" height=\"472\"><\/td>\n<\/tr>\n<tr>\n<td>\n<p>Overview of the seminar<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Host: Dr. Tran Minh Son, what is your view of \u201cresponsible business in Vietnam\u201d from a legal perspective?<\/em><\/p>\n<div>\u00a0<\/div>\n<p>Dr. Tran Minh Son: From a legal perspective, Vietnam does not yet have an official document on the concept of \u201cresponsible business.\u201d<\/p>\n<p>The term \u201cresponsible business\u201d began to appear in legal documents around 2019\u20132020, when we revised and enacted the new Labor Code, the 2020 Law on Enterprises, and other legislation.<\/p>\n<p><em>Host: In Vietnam, how have our State\u2019s <\/em><em>v<\/em><em>iews and <\/em><em>o<\/em><em>bjectives regarding the improvement of policies and laws to promote responsible business practices been developed and implemented recently, Dr<\/em><em>.<\/em><em> Tran Minh Son?<\/em><\/p>\n<p>Dr. Tran Minh Son: In Vietnam, the Government issued Resolution No. 99, the Government\u2019s Action Program for the 2021\u20132026 term, to implement the National Assembly\u2019s Resolution on the five-year socioeconomic development plan.<\/p>\n<p>The Ministry of Justice also advised the Government on developing a proposal for a national action program to improve policies and laws to promote responsible business practices in Vietnam, which the Prime Minister signed and issued in 2023.<\/p>\n<p><em>Host: In implementing the law, how can we ensure that businesses comply with legal regulations on responsible business<\/em><em>, and could both speakers offer their views<\/em><em>?<\/em><\/p>\n<p>Assoc. Prof. Dr. Nguyen Thuong Lang: I think we need to create a \u201csoft\u201d mechanism for businesses to make their own declarations, disclosures, and self-assessments in the form of a white paper or a prospectus on responsible business practices.<\/p>\n<div>\u00a0<\/div>\n<p>We should also develop a set of indicators to assess whether a business operates responsibly. In the long term, there should be an ecosystem that fosters responsible business, which businesses can voluntarily and proactively register to join.<\/p>\n<p>We also need to place these activities under international oversight to obtain perspectives from both within and outside the country.<\/p>\n<p>Dr. Tran Minh Son: The State needs mechanisms to encourage implementation. Second, administrative procedures must be minimized and must not become barriers preventing businesses from fulfilling their social responsibilities.<\/p>\n<p>Next, we need to develop a set of international and sector-specific standards, because different sectors will have different standards for responsible business practices.<\/p>\n<table>\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/image.baophapluat.vn\/w840\/Uploaded\/2024\/feryxqdrei\/2024_09_26\/e03319b2f564533a0a75-7935.jpg\" alt=\"Leaders of Vietnam Law Newspaper and the program production team present flowers to thank the speakers\" width=\"840\" height=\"472\"><\/td>\n<\/tr>\n<tr>\n<td>\n<p>Leaders of Vietnam Law Newspaper and the program production team present flowers to thank the speakers<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>One group that I consider extremely important and that we must not overlook is business representative organizations. These organizations serve as a bridge between businesses and state regulatory agencies in implementing responsible business practices.<\/p>\n<p>Businesses must first and foremost pay attention to awareness of responsible business practices. The larger a business is and the more workers it employs, the greater the need to raise this awareness among everyone from its leaders and managers to its staff and employees.<\/p>\n<div>\u00a0<\/div>\n<p>Second, we must strengthen training and professional development so that officers and employees thoroughly understand legal regulations and businesses\u2019 responsibilities in this regard. Without a thorough understanding, we may inadvertently violate the law.<\/p>\n<p><em>Host: Thank you to our experts!<\/em><\/p>\n<div>\n<div>\n<div><a href=\"void(0);\">Produced by Son Hai &#8211; Vu Quang &#8211; Nghia Dung &#8211; Nguyen Yen<\/a><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Link: <a href=\"https:\/\/baophapluat.vn\/talkshow-kinh-doanh-co-trach-nhiem-gop-phan-xay-dung-nha-nuoc-phap-quyen-xhcn-post526664.html\">https:\/\/baophapluat.vn\/talkshow-kinh-doanh-co-trach-nhiem-gop-phan-xay-dung-nha-nuoc-phap-quyen-xhcn-post526664.html<\/a><\/p>\n<p class=\"neu-mt-notice\"><em>This is an automated translation. If you notice any errors, please contact the Department of Communications, National Economics University at <a href=\"mailto:phongtruyenthong@neu.edu.vn\">phongtruyenthong@neu.edu.vn<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(PLVN) &#8211; According to Assoc. Prof. Dr. Nguyen Thuong Lang, Senior Lecturer at the School of Trade and International Economics, National Economics University (NEU), and Dr. Tran Minh Son (Ministry of Justice), Chairman of the Advisory Council of the PACC International Arbitration Center, although there is no official document yet, Vietnam has devoted attention to and taken steps toward developing and improving legal regulations as part of its efforts to improve policies and laws and promote responsible business practices in everyday life. Vietnam Law Newspaper held a seminar with experts on this issue. Host: Could our speakers explain how responsible business practices are being implemented internationally? Dr. Tran Minh Son: At different times, people view responsible business differently, but they still adhere to at least some fundamental principles. For example, responsibilities related to human rights or environmental protection are among the first fundamental principles. In addition, countries around the world have applied many other principles, such as principles of competition, scientific principles, consumer protection principles, and taxation principles. Taken together, there are at least seven fundamental principles that are being referenced and applied internationally. Assoc. Prof. Dr. Nguyen Thuong Lang: In my view, an important dimension has recently emerged: the frequently discussed principle of leaving no one behind. This principle means that development must be inclusive, and we must fully embrace it throughout the process of sustainable development. Another principle that I consider particularly important is the need to remedy and correct mistakes and shortcomings caused by irresponsible conduct. Previously, simply making the appropriate corrections was enough, but now we may need to do more, even going beyond that scope. Overview of the seminar Host: Dr. Tran Minh Son, what is your view of \u201cresponsible business in Vietnam\u201d from a legal perspective? \u00a0 Dr. Tran Minh Son: From a legal perspective, Vietnam does not yet have an official document on the concept of \u201cresponsible business.\u201d The term \u201cresponsible business\u201d began to appear in legal documents around 2019\u20132020, when we revised and enacted the new Labor Code, the 2020 Law on Enterprises, and other legislation. Host: In Vietnam, how have our State\u2019s views and objectives regarding the improvement of policies and laws to promote responsible business practices been developed and implemented recently, Dr. Tran Minh Son? Dr. Tran Minh Son: In Vietnam, the Government issued Resolution No. 99, the Government\u2019s Action Program for the 2021\u20132026 term, to implement the National Assembly\u2019s Resolution on the five-year socioeconomic development plan. The Ministry of Justice also advised the Government on developing a proposal for a national action program to improve policies and laws to promote responsible business practices in Vietnam, which the Prime Minister signed and issued in 2023. Host: In implementing the law, how can we ensure that businesses comply with legal regulations on responsible business, and could both speakers offer their views? Assoc. Prof. Dr. Nguyen Thuong Lang: I think we need to create a \u201csoft\u201d mechanism for businesses to make their own declarations, disclosures, and self-assessments in the form of a white paper or a prospectus on responsible business practices. \u00a0 We should also develop a set of indicators to assess whether a business operates responsibly. In the long term, there should be an ecosystem that fosters responsible business, which businesses can voluntarily and proactively register to join. We also need to place these activities under international oversight to obtain perspectives from both within and outside the country. Dr. Tran Minh Son: The State needs mechanisms to encourage implementation. Second, administrative procedures must be minimized and must not become barriers preventing businesses from fulfilling their social responsibilities. Next, we need to develop a set of international and sector-specific standards, because different sectors will have different standards for responsible business practices. Leaders of Vietnam Law Newspaper and the program production team present flowers to thank the speakers One group that I consider extremely important and that we must not overlook is business representative organizations. These organizations serve as a bridge between businesses and state regulatory agencies in implementing responsible business practices. Businesses must first and foremost pay attention to awareness of responsible business practices. The larger a business is and the more workers it employs, the greater the need to raise this awareness among everyone from its leaders and managers to its staff and employees. \u00a0 Second, we must strengthen training and professional development so that officers and employees thoroughly understand legal regulations and businesses\u2019 responsibilities in this regard. Without a thorough understanding, we may inadvertently violate the law. Host: Thank you to our experts! Produced by Son Hai &#8211; Vu Quang &#8211; Nghia Dung &#8211; Nguyen Yen Link: https:\/\/baophapluat.vn\/talkshow-kinh-doanh-co-trach-nhiem-gop-phan-xay-dung-nha-nuoc-phap-quyen-xhcn-post526664.html This is an automated translation. If you notice any errors, please contact the Department of Communications, National Economics University at phongtruyenthong@neu.edu.vn.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[724],"tags":[],"class_list":["post-76194","post","type-post","status-publish","format-standard","hentry","category-economic-information","post-no-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/posts\/76194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/comments?post=76194"}],"version-history":[{"count":0,"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/posts\/76194\/revisions"}],"wp:attachment":[{"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/media?parent=76194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/categories?post=76194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neu.edu.vn\/en\/wp-json\/wp\/v2\/tags?post=76194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}