Abstract

Vietnam's listed steel manufacturing companies have expanded significantly in recent years, both in terms of number and size of operation. But the current economic downturn has hurt a lot of firms, leading to losses and even bankruptcies. Businesses in the steel sector continue to have poor business performance, in part because of the overabundance of steel as well as the management team's and the companies' executives' inadequate backgrounds and restricted access to financing sources. Low investment and inexperience in management... On the other hand, the steel manufacturing industry is an industry with a large amount of waste into the environment. For steel manufacturing businesses to develop sustainably, using green accounting tools is a useful solution. The article uses a combination of qualitative research methods and quantitative research to measure factors affecting the application of green accounting. Based on data collection from 13 steel production and trading enterprises listed on the Vietnam stock market by random selection, fake transactions data processing using SPSS26 software. Research results show that there are 3 groups of factors affecting the appliation of green accounting: (1) Factors belonging to Management Agencies, (2) Factors belonging to Professional Associations, (3) Business Factors. Based on the findings of the research, the article proposes solutions to improve the efficiency of green accounting operations in a sustainable development position at listed steel manufacturing enterprises in Vietnam.