Going green boosts profits for small businesses in developing countries like Vietnam.
The article explores whether small and medium businesses in developing countries, like Vietnam, benefit financially from going green. By looking at data from Vietnamese SMEs between 2011 and 2015, the researchers found that the impact of adopting environmentally friendly practices on profitability varies across industries and types of firms. This suggests that there are different outcomes for businesses that choose to be more sustainable, which can help shape policies for sustainable business growth in developing nations.