Fostering the Growth of the Social Impact Business sector in Viet Nam
“Fostering the Growth of the Social Impact Business Sector in Viet Nam” (the “study”) is the largest study on the social impact business (SIB) sector in Viet Nam undertaken to date. Findings are taken from 492 survey responses, interviews with 62 individuals representing various stakeholder groups, through one-on-one interviews or focus groups, and three multi-stakeholder consultative workshops.
The study provides an overview of the ecosystem and the current state of the SIB sector in Viet Nam, together with challenges and opportunities, to produce key recommendations to grow the sector. Practical guidance targeted at SIBs in growing their enterprise is also included to share the advices and insights taken from consultation with SIB sector leaders.
The main objective of the study is to catalyse the development of business activities toward addressing pressing social and environmental challenges, and ultimately toward the achievement of the UN Sustainable Development Goals (SDGs)1. The study was conducted in the context where there is a need to map the SIB sector in Viet Nam, which is recognised as an invaluable driver for positive social and environmental change, in order to design interventions to support the Government of Viet Nam in achieving the SDGs by 2030.
The study aims to apply a wider understanding of the SIB sector to map and understand the huge potential of the sector from across a varied spectrum of organisations and models, all connected by their mission to solve social or environmental issues.