Vietnam listed company awards 2019 honours 34 winners
Vietnam listed company awards 2019 honours 34 winners
The winners of the Vietnam Listed Company Awards (VLCA) 2019 were announced in the evening of November 27 in Ho Chi Minh City.The Vietnam Listed Company Awards 2019 was concluded with 34 excellent companies honoured in three categories: outstanding annual reports, corporate governance awards, and sustainability reporting awards. The awards were announced after the competition of the Vietnam Annual Report Awards was held, which has accompanied the growth of Vietnam’s capital market and listed firms in the Vietnamese stock market.
The awards were jointly organised by Vietnam Investment Review (VIR), the Hanoi Stock Exchange (HNX), and the Ho Chi Minh City Stock Exchange (HSX), with solo support from Dragon Capital Group.
The awards this year recorded refinements in the voting criteria, as well as positive changes in the general quality of sustainability reports and corporate governance standards.
According to Le Hai Tra, in-charge of HSX's Board of Directors and head of the Organising Committee, the transparency of information disclosure, improving corporate governance and sustainable development toward integration into the capital market of the region and the globe is a long and arduous journey which needs to draw in the full-hearted participation of multiple sectors, especially from the leaders of companies.
“The Vietnam Listed Company Awards has always been consistent in its aim and accompanied companies in an effort to improve their and the whole Vietnamese stock market’s prestige,” Tra said.
Le Trong Minh, editor-in-chief of VIR cum co-chairman of the the Organising Committee, said that the Vietnamese stock market will have an opportunity to upgrade and integrate deeper into the regional and global financial markets if more companies are capable to build up their internal capacity, adopt transparency standards, and apply sustainable development standards while learning the value of community responsibility.
“The Vietnam Listed Companies Awards 2019 one more time proves that the Vietnamese stock market is not short of well-developed companies who thirst for long-term development. If only companies paid more attention to mass communications, professionalism, and the building of their images and showed off their desire to develop, they would surely receive a lot more trust from investors and attract far more resources to realise the aspiration to develop the stock market and the whole country,” Minh said.
According to Dominic Scriven, chairman of Dragon Capital – the solo sponsor of the award – the world's investment institutions have been moving their assets and capital to green and clean investments to reaffirm their commitment to collaborate with governments and partners to fight against climate change, one of the most urgent challenges facing humanity.
He added that Dragon Capital highly appreciates the efforts of companies in actively providing more important and useful information about governance and sustainable development, especially those pioneeris who are announcing their carbon emissions index and contributing to reducing greenhouse gas emissions.
This was the 12th edition of the Vietnam Listed Companies Awards. The award has contributed to encouraging and supporting Vietnamese listed companies to upgrade their professionalism, transparency, and information disclosure to investors toward effective governance and sustainable development.
