Corporate Social Responsibility on Labour under the European Union - Vietnam Free Trade Agreement and Policy Implications for Vietnam

Abstract

The article provides an in-depth understanding of the commitment to corporate social responsibility (CSR) on labour under the new generation of free trade agreements (FTAs) of the European Union (EU) in general and the Vietnam - EU Free Trade Agreement (EVFTA) in particular. Accordingly, this article clarifies the evolution of CSR commitments in the EU's new generation of FTAs via the EU's foreign and trade policies. On that premise, the article conducts a comprehensive examination of the nature of CSR commitments related to labour in EVFTA. The article also examines current legislation of the EU and its member states. Then, it proposes a variety of policy implications for Vietnam and other developing nations to implement CSR commitments in the context of global sustainable development.