According to a study by the World Bank in Vietnam, barriers and
challenges to the implementation of CSR in this country included: 1) Limited
awareness of the concept of CSR; 2) Productivity is affected when to perform
multiple sets of rules of conduct COC (Code of Conduct); 3) Lack of financial
and technical resources to implement CSR standards (especially for small and
medium-sized enterprises); 4) The confusion caused by differential regulation
of CSR and the Labor Code; 5) The domestic regulations affecting the implementation
of the COC (Tran, 2009). In the scope of this article, the writer only mention
the barriers of foreign enterprises when applying CSR in Vietnam, so we can see
that the number 1 and 3 do not really have a significant effect. Among the
barriers, legal status is considered a factor that has a lot of influence, but
until now there are still many limitations and inadequacies. In fact, although
it is regulated by the Code of Conduct Code and other standards, such as
SA8000, WRAP, ISO 14000, GRI … but these standards are not an agreement
between governments or the provisions of international conventions, which is
usually only a binding between importers or exporters themselves, therefore,
there is a lack of nationality and the lack of international norms (Tran,
2009). From there, if violations occurred, either accidentally or deliberately,
complained about each other, it is difficult to arbitrate. In fact, there are
many businesses, one hand still be active involvement of humanitarian and
charity, but on the other hand, continuing business indecently, enlist the
interstices of the mechanisms and market policies issued by the State to make a
profit (Tran, 2009). In recent years, although the public and the media has
frequently reported on violations of environmental pollutants of many
businesses, the authorities of the locality are no measures strong enough to
handle that case, while most businesses are looking for ways and means to evade
responsibility (Tran, 2009. Consequently, genuine CSR entrepreneurs will feel
hesitant and do not want to do their best to show their responsibility to the
society, while the state and regulators do not yet have laws or sanctions to
manage and handle violations, protect their legitimate interests.

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