OECD guidelines for multinational enterprises on responsible business and their applicability in Vietnam

Abstract

During the process of conducting investment activities in host countries, multinational enterprises, with their wide scope of operations, can have adverse impacts on society, the environment, human rights, etc. Therefore, the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct, issued in 1976 and regularly reviewed, have been used as an effective tool to regulate the responsible business conduct of these companies. By analysing the content, the implementation and the evaluation of the Guidelines, this article provides an analysis of their applicability in Vietnam.