CORPORATE GOVERNANCE

In 2024, at the Annual Forum (AF7) of the Vietnam Institute of Directors (VIOD), PVCFC was honored in the Top 50 “Pioneering Enterprises Committed to Improving Vietnamese Corporate Governance - VNCG50”. PVCFC continues to practice good corporate governance, showing that the Company’s governance activities have been and are in the right direction, integrating ESG standards with corporate governance towards the goals of sustainable development.

In 2024, PVCFC received notable awards on corporate governance at the Vietnam Listed Company Awards (VLCA), to be specific:

  • Top 10 large-cap companies with best corporate governance
  • Enterprises with Corporate governance beyond compliance
  • Enterprises with the Most reliable sustainability repor
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PVCFC commits to comply with corporate governance regulations in Vietnam and aims to comply with the good practices introduced in the 2023 ASEAN Corporate Governance Scorecard. In 2024, PVCFC fully complied with the regulations on corporate governance in Vietnam. The Company’s governance activities are stipulated in the Charter and the Internal Regulations on Corporate Governance, including basic regulations on roles, rights and structures of parties involved in corporate governance such as General Meeting of Shareholders, Board of Directors, Committees under BOD, Supervisory Board, Executive Board, etc.; how the Company is overseen (control environment) including issues such as risk management, internal control, internal audit, independent audit, etc.; and principles and mechanisms for assessment and rewards, etc. For details of regulations and rules, please see the Company’s website at Investor Relations.