|Overview : |
UNDP Vietnam is seeking for 01 qualified Vietnam based firm/institute/organization for Development of an Investment Screening Instrument to Assess and Classify Responsible Business Investments in Viet Nam
With increased industrialization and FDI, labor and worker’s rights have been highlighted as areas of concern, a notable one is decent living standards for workers in Viet Nam as the average wage in Viet Nam is only one-seventh that of the average across Asia Pacific. This is partly due to the fact that most Vietnamese manufacturing companies participate in the lowest value-added part of the international production chain, hence, competition in this part of the production chain is based primarily on production costs, especially low wages.
In response to the issues above, UNDP Viet Nam began the Responsible Business Project in 2019, as part of UNDP’s project on Business and Human Rights in Asia Pacific. The overall objective of the project in Viet Nam is to advance responsible business practice and implement the UN Guiding Principles on Business and Human Rights, including through responsible investment. Thus, an investment screening instrument to assess and classify responsible business investments (both domestic and foreign direct investments) in Viet Nam to support local authorities when making investment decisions is needed. The instrument aims to support national and regional momentum in upholding responsible business practice. To implement the instrument, UNDP are looking for a Viet Nam-based contractor to develop, pilot then finalize the instrument.
The objectives of this assignment are to:
- Design, pilot and finalize an investment screening instrument to assess and classify responsible business investments for local authorities
- Support decision-making processes of local authorities when screening, accepting, extending and rejecting investments.
- Raise awareness about responsible business and responsible investment at local authorities.
The selection will be based on a competitive basis and will comply with UNDP procurement regulations. Request for Proposal with enclosed TOR and evaluation criteria as well as Submission forms are attached.
Submission deadline: Tuesday, 17 November 2020 (Hanoi time)
Luu Ngoc Diep
304 Kim Ma, Hanoi, Vietnam
Tel: +84 24 38500100
Direct: +84 24 38500200