FPT Corporation (HOSE: FPT) and Vinamilk, or the Vietnam Dairy Products Joint Stock Company (HOSE: VNM), were both recognized in the prestigious categories of Non-Financial Large Cap with the Most Favorite IR Activities by Investors 2024 and Non-Financial Large Cap with the Most Appreciated IR Activities by Financial Institutions 2024.
Non-Financial Large Cap, referring to non-financial businesses with a market capitalization of over VND 10,000 billion, encompasses enterprises outside the banking, insurance, and securities sectors. |
For FPT, this marks the third consecutive year of earning the trust of investors and financial institutions. Meanwhile, Vinamilk has been honored at the IR Awards for nine years (2011-2024), a remarkable achievement.
The Non-Financial Large Cap category with the Most Favorite IR Activities by Investors 2024 also recognized PNJ, or Phu Nhuan Jewelry Joint Stock Company (HOSE: PNJ). This is the first time PNJ has been acknowledged in the IR Awards since its listing.
MWG, or Mobile World Investment Joint Stock Company (HOSE: MWG), a leading retailer, was honored in the category of Non-Financial Large Cap with the Most Appreciated IR Activities by Financial Institutions 2024.
Ms. Mai Thi Lan Anh, Director of Communications of FPT Corporation, receives the certificate of recognition for FPT in the category of Non-Financial Large Cap with the Most Favorite IR Activities by Investors 2024.
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Mr. Hoang Duc Minh, Head of Investor Relations of FPT Corporation, receives the certificate of recognition for FPT in the category of Non-Financial Large Cap with the Most Appreciated IR Activities by Financial Institutions 2024.
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Mr. Dong Quang Trung, Head of Investor Relations of Vinamilk, receives the certificate of recognition for VNM in the category of Non-Financial Large Cap with the Most Favorite IR Activities by Investors 2024.
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Ms. Nguyen Thi Quynh Tram, representing Vinamilk, receives the certificate of recognition for VNM in the category of Non-Financial Large Cap with the Most Appreciated IR Activities by Financial Institutions 2024.
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Mr. Be Phuong Hung, Senior Investor Relations Expert at PNJ, receives the certificate of recognition for PNJ in the category of Non-Financial Large Cap with the Most Favorite IR Activities by Investors 2024.
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Mr. Trieu Thanh Thinh, Head of Sustainable Development Department at MWG, receives the certificate of recognition for MWG in the category of Non-Financial Large Cap with the Most Appreciated IR Activities by Financial Institutions 2024.
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IR Awards 2024 aims to acknowledge and celebrate the achievements of listed companies with the best IR practices in 2024. Over the past 14 years, the program has witnessed an increasing emphasis on IR activities among Vietnamese enterprises. This is evident in the comprehensive survey of information disclosure practices on both stock exchanges in the past year, with up to 60% of companies meeting the information disclosure standards, a significant increase from the 50% rate of the previous three consecutive years and the highest rate ever recorded.
In the next round, companies must meet quantitative criteria related to IR activities, corporate governance, and financial transparency to be nominated for the IR Awards and advance to the final round.
The final round involves a voting process for the IR Awards, conducted separately for two categories: Favorite by Investors and Appreciated by Financial Institutions. The voting is organized according to four market capitalization groups: Financial Large Cap, Non-Financial Large Cap, Mid Cap, and Small Cap.
For the Favorite by Investors category, investors cast their votes online through the program’s voting system. The public voting criteria revolve around three pillars: transparent business operations, effective IR activities targeting the public, and an efficient leadership that safeguards shareholders’ rights.
The Appreciated by Financial Institutions category is evaluated through a confidential scoring process. The evaluation criteria comprise seven pillars: information disclosure quality, IR website, financial communications, corporate governance and IR strategy, IR events, IR practices toward financial institutions, and equity issuance.
36 financial institutions served as members of the IR Awards 2024 Voting Council, contributing their expertise to the evaluation process.
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Over 14 seasons of recognition, the IR Awards program has established itself as a trusted platform that celebrates the achievements of outstanding enterprises in investor relations. It serves as a benchmark for affirming the right direction in corporate governance strategies and the superior effectiveness of investor relations practices. This is acknowledged by both the buy-side and sell-side of the capital market, as evidenced by the consensus in voting from financial institutions and the broader investing community.
The Most Investor-Beloved Listed Company: HDBank
On September 24, 2024, HDBank (stock code: HDB) was voted as the “Listed Company in the Large-cap Finance Sector with the Most Favorite Investor Relations Activities” according to the results announced at the IR Awards 2024 by Vietstock, the Vietnam Association of Financial Executives (VAFE), and Fili Magazine.
The Ultimate IR Excellence Accolade: FPT’s Double Victory Streak Continues
On September 24, 2024, FPT was recognized as a Top 3 Enterprise in the Large-Cap Group in the non-financial sector with the most beloved IR activities by investors and as a Top 3 Enterprise in the Large-Cap Group in the non-financial sector with the most appreciated IR activities by financial institutions at the Awards Ceremony for Listed Companies with the Best IR Activities (IR Awards 2024). IR Awards is a prestigious award honoring listed companies that has been held annually for over a decade (2011 – 2024), jointly organized by Vietstock, the Vietnam Association of Financial Executives (VAFE), and the electronic Finance and Life Magazine (FiLi).
“Vinamilk and FPT: A Strategic Alliance for Comprehensive Financial Management Transformation with Tech-Driven Solutions”
On September 11, 2024, Vinamilk, Vietnam’s leading dairy company, listed on the Ho Chi Minh Stock Exchange (HOSE: VNM), and FPT Corporation, a renowned technology enterprise, proudly announced the official launch of the FPT CFS system. This innovative solution is designed to revolutionize financial reporting by offering a comprehensive approach to financial statement closure and consolidation.
“Vinamilk and FPT Collaborate to Elevate Financial Management with Tech-Driven Solutions”
Vinamilk and FPT Corporation recently joined forces to unveil the FPT CFS – a comprehensive financial reporting solution. This innovative system promises to revolutionize the way businesses manage their financial operations, with a particular focus on streamlining the complex process of ledger closure and financial report consolidation. The official launch event marked a significant step forward for both companies, showcasing their commitment to harnessing technology to drive efficiency and progress.