The event was held in conjunction with the 2024 Annual Listed Companies Conference with the attendance of leaders from the State Securities Commission of Vietnam (SSC); stock exchanges, Vietnam Securities Depository (VSD), and representatives of nearly 300 listed companies, securities companies, fund management companies, and other financial institutions in the market.
Over the years, VietinBank’s annual report has continually enhanced in both form and substance. The report’s content is carefully curated and presented scientifically and consistently, offering a comprehensive overview and conveying VietinBank’s messages to partners, customers, shareholders, and the community. In 2024, VietinBank was again recognized in the “Top 10 Best Annual Reports in the Financial Sector” category. Notably, this year, VietinBank was also awarded the “Outstanding Improvement in Annual Report” award, acknowledging the bank’s efforts in enhancing transparency, innovating, and aligning its annual report with international standards.
Referring to global practices, VietinBank’s 2023 annual report further enhanced its content, providing more information related to business operations and ESG practices to ensure transparency, comprehensiveness, and completeness. In addition to complying with domestic regulations on information disclosure and annual reporting, VietinBank prioritized the implementation of the GRI (Global Reporting Initiative) standards of the Global Reporting Initiative for Sustainable Development and the ASEAN Corporate Governance Scorecard, aligned with the 17 Sustainable Development Goals of the United Nations. These are internationally recognized advanced standards for sustainable development reporting.
Ms. Pham Thi Thanh Hoai – Member of the Board of Directors of VietinBank, received two awards: “Top 10 Best Annual Reports in the Financial Sector” and “Outstanding Improvement in Annual Report”
The 2023 annual report of VietinBank, themed “Shaping the Digital Era,” conveys a message about the bank’s ongoing comprehensive digital transformation journey. VietinBank recognizes that digital transformation is an inevitable trend and is linked to a shift in mindset, culture, business models, work methods, and operations. With the foundation already established and the comprehensive digital transformation journey underway, VietinBank is confident in achieving a breakthrough to realize its aspiration to become one of the leading multi-functional and modern banks in Vietnam, reaching out to the region and the world.
VietinBank’s 2023 Annual Report with the theme “Shaping the Digital Era”
Recognizing the annual report as a bridge and a tool to connect the bank with its stakeholders and an effective communication channel with customers, VietinBank will continue to research and implement initiatives to continuously improve the quality of its annual reports, affirming consistency in its governance practices and keeping up with international standards and practices on sustainable development.
These awards are a testament to the recognition by regulatory authorities of VietinBank’s relentless efforts in embracing advanced governance practices, transparency, and sustainable development, creating sustainable and long-term value for partners, customers, shareholders, and the community.
Unlocking the Double Transition: Navigating the Financial Packages
International investment funds and banks have piqued their interest and are offering tangible financial packages to encourage Vietnamese businesses to embark on the dual transition. However, the lack of a clear legal and policy framework to assess green projects is hindering the disbursement of these much-needed green funds.
EVNGENCO3: Top 20 Annual Reports for Non-Financial Sector in 2024
On November 16, 2024, at the Listed Companies Forum and Awards Ceremony for the 2024 Enterprise Listing Contest, Power Generation Corporation No. 3 JSC (Stock Code: PGV) was honored to receive the Top 20 Best Annual Report award in the non-financial sector category.
“Vietbank’s Endeavor for Capital Increase: A Commitment to Sustainable Growth”
The State Securities Commission (SSC) has confirmed receiving the necessary documents for Vietbank’s (VBB on UPCoM) stock dividend issuance, aiming to boost its charter capital by VND 1,428 billion. With this capital increase, Vietbank’s charter capital will rise to VND 7,139 billion. This crucial step of finalizing the procedures with the SSC empowers Vietbank to strengthen its financial capabilities and lay the groundwork for expanding its nationwide network.
The Government Directs the State Bank of Vietnam to Finalise the Plan for SCB’s Resolution by December
The government has instructed the State Bank of Vietnam to promptly finalize and submit to the competent authority a proposal for the mandatory transfer of the remaining banks under special control. They have also been tasked with finalizing a handling plan for the Saigon Commercial Joint Stock Bank (SCB) by December 2024.