| C |
Disclosure and Transparency
|
33/33 |
| C.1 |
Transparent ownership structure
|
5/5 |
| C.1.1 |
Does the information on shareholdings reveal the identity of beneficial owners, holding 5% shareholding or more? |
Yes. Page 137 of the annual report 2024.
|
Annual Report 2024
|
YES |
| C.1.2 |
Does the company disclose the direct and indirect (deemed) shareholdings of major and/or substantial shareholders? |
Yes. Page 137 of the annual report 2024.
|
Annual Report 2024
|
YES |
| C.1.3 |
Does the company disclose the direct and indirect (deemed) shareholdings of directors (commissioners)? |
Yes. Page 172-173 of the annual report 2024. |
Annual Report 2024
|
YES |
| C.1.4 |
Does the company disclose the direct and indirect (deemed) shareholdings of senior management? |
Yes. Page 124 of the annual report 2024. |
Annual Report 2024
|
YES |
| C.1.5 |
Does the company disclose details of the parent/holding company, subsidiaries, associates, joint ventures and special purpose enterprises/ vehicles (SPEs)/ (SPVs)? |
Details on subsidiaries (PPC, KVF), including ownership percentages, are disclosed on pages 66-67 of the 2024 Annual Report. |
Annual Report 2024 |
YES |
| C.2 |
Quality of Annual Report
|
6/6 |
|
|
Does the company's annual
|
|
| C.2.1 |
Corporate objectives |
Yes, page 104-107 of the annual report 2024. |
Annual Report 2024
|
YES |
| C.2.2 |
Financial performance indicators |
Yes, page 111 of the annual report 2024. |
Annual Report 2024
|
YES |
| C.2.3 |
Non-financial performance indicators |
Yes, the trend of employee turnover was reported on page 128 of the 2024 Annual Report. Specifically, the total number of employee resignations in 2024 decreased by 19.05% compared to the same period in 2023. |
Annual Report 2024
|
YES |
| C.2.4 |
Dividend policy |
The Annual Report presented the Company’s dividend policy and projected a 10% cash dividend payout for shareholders in 2025
(Page 191 - Annual Report 2024).
Meanwhile, the 2025 General Meeting of Shareholders approved a 20% cash dividend payout for 2024. |
1. Annual Report 2024
2. Resolutions of AGM 2024
|
YES |
| C.2.5 |
Biographical details (at least age, academic qualifications, date of first appointment, relevant experience, and any other directorships of listed companies) of all directors/commissioners |
Please refer to pages 68-71 of the Annual Report 2024 for detailed information
|
Annual Report 2024
|
YES |
| |
Corporate Governance Confirmation Statement |
|
| C.2.6 |
Does the Annual Report contain a statement confirming the company's full compliance with the code of corporate governance and where there is non- compliance, identify and explain reasons for each such issue? |
Page 168 of the Annual report 2024.
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
|
Annual Report 2024 |
YES |
| C.3 |
Remuneration of Members of the Board and Key Executives
|
4/4 |
| C.3.1 |
Is there disclosure of the fee structure for non-executive directors/commissioners? |
PVCFC has disclosed fee structure, including Salary, remuneration and benefits of each non-executive BOD member through Annual Report 2024, Page 228-229.
|
Annual Report 2024 |
YES |
| C.3.2 |
Does the company publicly disclose [i.e. annual report or other publicly disclosed documents] details of remuneration of each non-executive director/commissioner? |
PVCFC has disclosed details of remuneration, including Salary, remuneration and benefits of each non-executive BOD member through through Annual Report 2024, Page 228-229.
|
Annual Report 2024 |
YES |
| C.3.3 |
Does the company disclose its remuneration (fees, allowances, benefit-in-kind and other emoluments) policy/practices (i.e. the use of short term and long term incentives and performance measures) for its executive directors and CEO? |
- For General Director and members of the Executive Board, remuneration and bonus are taken into account sustainable development factors (To be specific, the 2024 assessment is adhered to the Company’s compliance with legal regulations on environment and society and the effectiveness of implementing ESG - Sustainable Development strategic orientations).
- The weights used as the basis for calculating salaries and bonuses are as follows: (1) Excellent performance: 1.20; (2) Performance: 1.00; (3) No
performance: Salary: 0.80 and Bonus: 0.00.
(page 228 Annual report 2024) |
Annual Report 2024 |
YES |
| C.3.4 |
Does the company publicly disclose [i.e. annual report or other publicly disclosed documents] the details of remuneration of each of the executive directors and CEO [if he/she is not a member of the Board]? |
Yes, please see page 229 of the Annual report 2024. The CEO is also a board member.
|
Annual Report 2024 |
YES |
| C.4 |
Disclosure of related party transactions (RPT)
|
2/2 |
| C.4.1 |
Does the company disclose its policy covering the review and approval of material RPTs? |
Yes, the company has a separate policy to manage related party transaction (Regulations on minitoring conflicts of interest and related person transactions). Also in the Annual report 2024, the company disclosed how they manage conflict of interest including related party transaction on page 194&231. |
1. Annual Report 2024
2. Regulations on minitoring conflicts of interest and related person transactions
|
YES |
| C.4.2 |
Does the company disclose the name, relationship, nature and value for each material RPTs? |
Page 231 of the Annual report 2024 disclosed the details of related party transactions during the year. |
Annual Report 2024 |
YES |
| C.5 |
Directors and commissioners dealings in shares of the company
|
1/1 |
| C.5.1 |
Does the company disclose trading in the company's shares by insiders? |
The Company, in 2024, received no information about other insider trading (page 230 Annual report 2024) |
Annual Report 2024 |
YES |
| C.6 |
Mechanisms for employee participation should be permitted to develop.
|
2/2 |
|
|
Where the same audit firm is engaged for both audit and non-audit services |
|
| C.6.1 |
Are the audit and non-audit fees disclosed? |
PVCFC has disclosed the audit and non-audit fees through Annual Report 2024, Page 183.
|
Annual Report 2024 |
YES |
| C.6.2 |
Does the non-audit fee exceed the audit fees? |
Non-audit fee does not exceed the audit fees (Annual Report 2024, Page 183).
|
Annual Report 2024 |
YES |
| C.7 |
Medium of communications
|
4/4 |
| |
Does the company use the following modes of communication? |
|
| C.7.1 |
Quarterly reporting |
The company published it’s quarterly financial report on website |
Financial report
|
YES |
| C.7.2 |
Company website |
PVCFC has set up company website
|
Website |
YES |
| C.7.3 |
Analyst's briefing |
Yes, the company has disclosed the periodical analysis of Securities Company.
In addition, the company also published its monthly operational update for investors/shareholders
|
Link
Link
|
YES |
| C.7.4 |
Media briefings /press conferences |
Yes, the company has disclosed the periodical analysis of Securities Company.
In addition, the company also published its monthly operational update for investors/shareholders
PVCFC also quoted the media coverage on the company in the website
|
Link
Link
Link
|
YES |
| C.8 |
Timely filing/release of annual/financial reports
|
3/3 |
| C.8.1 |
Are the audited annual financial report / statement released within 120 days from the financial year end? |
PVCFC has disclosed the audited annual financial report 59 days from the financial year end.
PVCFC's financial year end at 31/12 annually
PVCFC has disclosed its Audited Annual Financial report FY 2024 on 28/02/2025
|
Audited consolidated financial statements 2024
|
YES |
| C.8.2 |
Is the annual report released within 120 days from the financial year end? |
PVCFC has disclosed the Annual report within 79 days from the financial year end.
PVCFC's financial year end at 31/12 annually
PVCFC has disclosed its Annual Report FY 2023 on 19/03/2025 |
Annual Report 2024
|
YES |
| C.8.3 |
Is the true and fairness/fair representation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company? |
PVCFC's BOD has affirmed the true and fairness representation of the annual financial report FY 2024.
The Executive Board is responsible for ensuring that proper accounting records are kept, which disclose, with reasonable accuracy at any time, the consolidated financial position of the Company and that the consolidated
financial statements comply with Vietnamese Accounting Standards, accounting regime for enterprises and legal regulations relating to consolidated financial reporting. The Executive Board is also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of frauds and other irregularities.
The Executive Board confirms that the Company has complied with the above requirements in preparing these consolidated financial statements.
|
Audited consolidated financial statements 2024 |
YES |
| C.9 |
Company website
|
6/6 |
|
Does the company have a website disclosing up-to-date information on the following: |
|
| C.9.1 |
Financial statements/reports (latest quarterly) |
PVCFC has disclosed the latest quarterly financial report for the 1st quarter of year 2025
|
Q1.2025 Consolidated Financial Statements |
YES |
| C.9.2 |
Materials provided in briefings to analysts and media |
Yes, the company has disclosed the periodical analysis of Securities Company.
In addition, the company also published its monthly operational update for investors/shareholders
|
1. Research-analyst
2. Other-information-disclosures
|
YES |
| C.9.3 |
Downloadable annual report |
PVCFC has disclosed the Downloadable Annual Report 2024 through PVCFC's Website
|
Annual Report 2024 |
YES |
| C.9.4 |
Notice of AGM and/or EGM |
PVCFC has disclosed the notice and documents for AGM 2025 separately well before the meeting
|
Shareholders' meeting |
YES |
| C.9.5 |
Minutes of AGM and/or EGM |
The minutes of the AGM/EGM are fully disclosed on the Company's website under the section “Shareholders' meeting”
|
Shareholders' meeting
|
YES |
| C.9.6 |
Company's constitution (company's by-laws, memorandum and articles of association) |
Company charter is published on website |
Charter of PVCFC |
YES |
| C.10 |
Investor relations
|
1/1 |
| C.10.1 |
Does the company disclose the contact details (e.g. telephone, fax, and email) of the officer / office responsible for investor relations? |
PVCFC has disclosed the contact details for investor relations through PVCFC's Website
Investor Relations
Contact: Do Thanh Hung
02903819000_ext 570
Mobile: 0913897704
ir@pvcfc.com.vn
This is also disclosed in page 21 of the Annual Report 2024
|
Website
Annual Report 2024
|
YES |