International Journal of Advanced Multidisciplinary Research and Studies
Volume 3, Issue 5, 2023
Social Responsibility at Vietnamese State-Owned Commercial Joint Stock Banks
Author(s): Vu Thi Kim Duong, Do Thi Duyen, Dao Thi Thu Hoai
Abstract:
The study was conducted to evaluate the current situation of social responsibility implementation at Vietnamese state-owned commercial joint stock banks. With data collected from annual reports and financial reports of Vietnam State-owned Commercial Joint Stock Banks for the period 2018 to 2022 and using qualitative research methods, the study was conducted. on 4 aspects: economic social responsibility, responsibility to employees, business ethical responsibility and responsibility to the community. Research results show that in the period from 2018 to 2022, Vietnamese state-owned commercial joint stock banks face many difficulties in business operations due to the impact of the epidemic but still focus on implementing social responsibility. The Association approved increased economic targets over the years, preferential policies for workers, fully implemented tax payment responsibilities to the State, and increased funding for social security activities. Based on the research results achieved, the research team proposes a number of solutions to improve social responsibility at Vietnam's state-owned commercial joint stock banks in the coming time.
Keywords: Vietnam State Commercial Joint Stock Bank, Social Responsibility, Social Responsibility in the Banking Sector
Pages: 1253-1258
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