Companies welcome common standards as Vietnam prepares CO2 rules

HO CHI MINH CITY -- No matter the industry, private companies tend to resist government regulation. But this tendency is beginning to change when it comes to environmental rules.

From Coca-Cola to garment company Thanh Cong Textile, businesses operating in Vietnam are talking up the role of the state in driving policy, hoping the government will set more rules to weed out companies that profit from environmentally damaging activities.