Kuala Lumpur, Malaysia, July 24th, 2025 - PetroVietnam Ca Mau Fertilizer Joint Stock Company (PVCFC, HOSE: DCM) has officially been recognized among the Top 5 Vietnamese listed companies with the highest corporate governance scores, based on the 2024 ASEAN Corporate Governance Scorecard (ACGS) - the region’s most reputable corporate governance benchmark.
This prestigious award was presented at the ASEAN Corporate Governance Awards 2025, hosted by the Securities Commission Malaysia, the ASEAN Capital Markets Forum (ACMF), and the independent monitoring organization Minority Shareholders Watch Group (MSWG). Representing PVCFC at the event, Mr. Tran Ngoc Nguyen - Chairman of the Board of Directors, attended and personally received the award.
Representing PVCFC, Mr. Trần Ngọc Nguyên – Chairman of the Board of Directors – attended the event and received recognition as one of the top 5 listed companies in Vietnam with the highest corporate governance scores.
A remarkable leap in asean corporate governance standards
Established in 2011, the ASEAN Corporate Governance Scorecard (ACGS) is a comprehensive assessment framework based on five core pillars: Shareholders’ Rights, Equitable Treatment, Role of Stakeholders, Transparency and Disclosure, and Responsibilities of the Board.
In 2024, the ACGS evaluated over 560 of the largest listed companies across six ASEAN countries: Singapore, Malaysia, Thailand, Indonesia, the Philippines, and Vietnam.
PVCFC was ranked among the leading group in Vietnam, reaffirming its commitment to advanced corporate governance, driven by the principles of transparency, efficiency, and sustainable development.
The Cà Mau Fertilizer Plant aims to contribute to the greening of Vietnam's industrial sector.
“This award is not only international recognition of PVCFC’s outstanding governance capabilities but also a strong commitment to our shareholders, partners, and the community - to pursue a path of transparent, responsible, and enduring development,” said Mr. Tran Ngoc Nguyen, Chairman of the Board of Directors, at the ceremony.
A testament to sustainable development and comprehensive integration strategy
The ACGS achievement is the result of PVCFC’s long-term commitment to reform and enhance its governance capacity — from strengthening its corporate governance structure, improving the effectiveness of the Board of Directors, and promoting shareholder engagement, to systematically adopting international standards such as SASB, ISO, GRI, and ESG in a practical and substantive manner.
This milestone continues a series of outstanding corporate governance achievements that PVCFC has accomplished:
- Top 10 Best Annual Reports (awarded by HOSE - HNX - Investment Review)
- Top 10 Best Sustainability Reports
These achievements clearly affirm PVCFC’s strategic direction: strong governance as the foundation, ESG as the guiding compass, and international integration as the inevitable path forward.
PVCFC - A leading vietnamese enterprise on the asean stage
PVCFC’s 2025 theme - “Solid Foundation - Great Aspiration - Faster, More Efficient” - not only reflects a spirit of transformation but also embodies its ambition to rise to regional prominence.
PVCFC with a Solid Foundation – Great Ambitions – Faster, More Efficient.
In the context of accelerating globalization and intensifying competition, PVCFC’s recognition by ACGS marks a strategic milestone, serving as a springboard to:
- Enhance credibility among both domestic and international investors, particularly ESG-focused investment funds
- Strengthen shareholder and partner confidence, affirming PVCFC’s governance capacity in line with international standards
- Elevate brand value, paving the way for expanded cross-border cooperation and investment opportunities
- Establish a solid foundation for future strategies in M&A, innovation, and market expansion
PVCFC elevates its brand value.
PVCFC – A Pioneer in Modern Governance and Sustainable Development. Built upon a resilient foundation forged over each stage of its journey, PVCFC continues to rise, affirming its position as a leading listed enterprise and a representative Vietnamese business in the ASEAN economic community and the global arena.
Ca Mau Fertilizer