Sustainability-oriented supply chain finance in Vietnam: insights from multiple case studies

Abstract

Research shows that supply chain finance (SCF) is an efficient set of methods for reducing financing costs and improving financing efficiency. This paper studies how newly introduced sustainability-focused SCF programs can promote both sustainable development and supply chain sustainability for firms in Vietnam. Given the scarcity of research on SCF and supply chain sustainability in Vietnam, this study adopts the multiple case methodology based on six supply chain buyers which have introduced sustainability-focused SCF programs in Vietnam. Data were collected from 32 in-depth interviews with supply chain managers and business leaders in six case firms. By comparing empirical findings through cross-case analyses, the number of drivers, barriers, and current propositions regarding sustainability practices of companies that employ sustainability-oriented SCF programs in Vietnam are investigated. Our research delivers valuable practical implications by highlighting key designed concepts of the newly introduced sustainability-oriented SCF programs in Vietnam. It also contributes to supply chain sustainability literature by addressing a number of propositions regarding the engagement in sustainability-oriented SCF programs and the development of supply chain sustainability in Vietnam.