Tackling Childcare: The Business Case for Employer-Supported Childcare in Vietnam

Research and Reports

Since 2017, International Finance Corporation’s series of Tackling Childcare reports spanning Bangladesh, Cambodia, Fiji, India, Pakistan, Myanmar, Sri Lanka, Vietnam, and other countries show that there is a strong business case for employers to meet the care needs of their employees. IFC research shows that family-friendly workplace policies such as childcare, flexible work, and paid leave can enable firms to attract and retain talent, boosting productivity and profits. Childcare provision can enable more working parents, particularly women, to realize their income-earning potential. Research by the World Bank and other organizations has shown that children who have access to high-quality early childhood care and education (ECCE) are more likely to be healthier and more productive as adults. Hence, employer-supported childcare can result in a win-win-win for families, employers, and economies.

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