CORPORATE SOCIAL RESPONSIBILITY OF FDI ENTERPRISES IN PHU THO PROVINCE: INDICATORS, TRENDS, AND LOCAL POLICY IMPLICATIONS
Keywords:
CSR; FDI; Phu Tho; sustainable development; stakeholders.Abstract
This article analyzes the current state of corporate social responsibility (CSR) implementation among foreign direct investment (FDI) enterprises in Phu Tho province during the 2022–2024 period, based on four stakeholder-oriented pillars: (i) labor, (ii) environment, (iii) community, and (iv) customers/partners. Using standardized provincial-level secondary data and calculating the compound annual growth rate (CAGR) for each indicator, the study reveals that compliance with labor safety, social insurance coverage, and training programs show stable improvement trends; adoption of green technologies and renewable energy is rapidly increasing; community contributions are more focused on education, healthcare, and infrastructure; and business transparency as well as consumer rights protection have been strengthened. The article proposes a set of operable CSR indicators at the provincial level, an annual CSR-FDI ranking mechanism linked to conditional incentives, and a data-sharing framework between enterprises and regulatory agencies. A limitation of the study is its reliance on secondary data and the lack of validation of the CSR-performance relationship at the enterprise level. Future research should include enterprise–employee surveys and in-depth case studies to triangulate the results.