The Effect of Corporate Social Responsibility Factor on the Sustainable Development of Industrial SMEs: A Case Study in Hanoi-Vietnam

Implementing social responsibility activities (CSR) towards sustainable development (Sustainable Development) is one of the issues that businesses pay special attention. The study selected research scope in Hanoi, Vietnam. Applying qualitative and quantitative methods to evaluate the influence and the degree of influence of the corporate social responsibility factor on the sustainable development of industrial small and medium enterprises (SMEs) in Hanoi, Vietnam. The study carried out a survey of 182 industrial SMEs allocated according to different business sectors and territories in Hanoi. The research results showed that the social activities of enterprises have a positive influence on the sustainable development of industrial small and medium-sized enterprises in Hanoi, besides other factors such as: Conscious innovation; Finance; Human resources; Local support policies and the manufacturing. Objectives of the study: This study aims to evaluate the impact of corporate social responsibility factors on the sustainable development of small and medium industrial enterprises in Hanoi, among other factors such as: Manufacturing technology; Business’s resource enterprises; Innovation; Local support policies. Keyword—Sustainable Development; Industrial SMEs; Social Responsibility