Saturday, September 23 2017

VietNamNews

10th Vietnam annual report awards announced

Update: July, 26/2017 - 09:00
Bảo Việt Holdings, HCM Securities Corporation, PAN, DHG and Traphaco are among the 10 winners of the the Best Annual Report Awards, which were announced yesterday in HCM City. — Photo VIR

HCM CITY —  Bảo Việt Holdings, HCM Securities Corporation, PAN, DHG and Traphaco are among the 10 winners of the the Best Annual Report Awards, which were announced yesterday in HCM City.

Five others listed companies that were given the Top 10 prize are Novaland, Vingroup, FPT, Asia Commercial Bank and CotecCons.

This year’s annual report awards was organized by the Vietnam Investment Review (VIR), the two HCM and Hà Nội Stock Exchanges and the assets management firm Dragon Capital.

A total of 50 listed companies received a prize.

Vinamilk, apart from being in the 50 top list, was given the sustainable growth report first prize, while HCM Securities Corporation won the corporate management content prize.

The first Annual Report Awards was organized in 2008, with the participation of only 38 listed companies. Six received awards.

This year, the awards attracted 638 companies with 50 winners.

Lê Hải Trà, executive member of the HOSE and head of the organising board, said that “transparency and protection of the investors’ legal rights are not only the targets of the legal system on securities and securities market, but also the effort under the name of the Annual Report Awards”.

He said transparency awareness of listed companies has continued to improve since the first year of the awards.

VIR’s editor in chief, Lê Trọng Minh, expects to promote the quality of information release to boost the raking of Việt Nam’s market and encourage businesses to employ international practices on corporate management and risk management toward sustainable development.

He also hopes to attract the participation of professional institutions--local and international--in the awards jury so that the awards will be widely recognized by international investors. — VNS

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