PVCFC honored in Top 5 listed enterprises in Vietnam ACGS 2024

(Chinhphu.vn) - On July 24, in Kuala Lumpur (Malaysia), Ca Mau Petroleum Fertilizer Joint Stock Company (PVCFC, HOSE: DCM) was officially honored in the Top 5 listed enterprises in Vietnam with the highest governance scores, according to the assessment results of ASEAN Corporate Governance Scorecard (ACGS) 2024 - the region's leading prestigious corporate governance standards.

Mr. Tran Ngoc Nguyen, Chairman of the Board of Directors of PVCFC attended and received the honor of Top 5 listed enterprises in Vietnam with the highest governance scores. Photo: VGP/PD

The prestigious award was presented within the framework of the ASEAN Corporate Governance Awards 2025, chaired by the Securities Commission of Malaysia, the ASEAN Capital Markets Forum (ACMF) and the independent monitoring organization Minority Shareholders Watch Group (MSWG). PVCFC representative, Mr. Tran Ngoc Nguyen, Chairman of the Board of Directors, attended and directly received the award.

Launched in 2011, the ASEAN Corporate Governance Scorecard (ACGS) is a comprehensive assessment system based on five core pillars: Shareholder Rights, Equitable Treatment, Role of Stakeholders, Disclosure and Transparency, and Board Responsibilities.

In 2024, ACGS will evaluate more than 560 largest listed companies from 6 ASEAN countries: Singapore, Malaysia, Thailand, Indonesia, Philippines and Vietnam.

PVCFC is ranked among the leading companies in Vietnam, affirming the advanced management capacity that the company has persistently pursued based on the philosophy of transparency, efficiency and sustainable development.

PVCFC is steadfast in its strategy of sustainable development and comprehensive integration.

ACGS's achievements are the result of a long process of reform efforts and improving the management capacity at PVCFC, from perfecting the governance structure, improving the performance of the Board of Directors, promoting shareholder dialogue to applying international standards such as SASB, ISO, GRI, ESG in a systematic and substantive manner.

PVCFC products strictly comply with regulations on environmental protection and sustainable development. Photo: VGP/PD

This is a milestone that continues the series of outstanding achievements in corporate governance that PVCFC has achieved such as: Top 10 Best Annual Reports by HOSE - HNX (voted by Investment Newspaper); Top 10 Best Sustainable Development Reports; highly appreciated by the International Finance Corporation (IFC) and many international institutions for information transparency and investor friendliness...

The above achievements clearly affirm PVCFC's strategic orientation: taking good governance as the foundation, ESG as the compass and international integration as the inevitable path.

Aspiration to expand the world market

PVCFC's 2025 theme: "A solid foundation - Aspiration to grow - Faster, more efficient" not only demonstrates the spirit of innovation but also reflects the aspiration to reach regional level.

In the context of globalization and increasingly fierce competition, being honored by ACGS is a strategic milestone, creating momentum for PVCFC to increase its reputation with domestic and foreign investors, especially ESG investment funds. At the same time, it strengthens the trust of shareholders and partners, affirms the management capacity according to international standards, thereby enhancing brand value, expanding opportunities for cooperation and cross-border investment. In particular, it creates a solid foundation for M&A strategies, innovation and market expansion.

From the internal strength foundation built steadily through each stage, PVCFC has continuously expanded to affirm its position as a leading listed enterprise and a typical enterprise of Vietnam in the ASEAN and global economic community.

Phuong Dung

Source: https://baochinhphu.vn/pvcfc-duoc-vinh-danh-top-5-doanh-nghiep-niem-yet-viet-nam-acgs-2024-10225072512542639.htm