Sustainable Development of Environmental Accounting in Enterprises in Vietnam

Environmental accounting is a new and developing field that seeks to find and provide important and necessary information on costs and revenues related to the environment, guiding businesses in making economic decisions, encouraging them to make efforts in using resources effectively, limiting environmental destruction, and changing behaviors towards the living environment. Along with building and perfecting the system of legal documents on environmental protection and promoting the social responsibility of businesses in production and business activities, Vietnam needs to urgently supplement and perfect the law related to environmental accounting with the goal of sustainable development. Environmental accounting is a part of accounting in enterprises, related to information on environmental activities within the enterprise to collect, process, analyze and provide environmental information for internal and external users to make decisions. Furthermore, environmental accounting aims to achieve sustainable development, maintain good relations with the community, and improve the effectiveness of environmental protection activities.