Corporate governance vietnam

  • What government owned companies are in Vietnam?

    State-owned companies play an important role in a number of key sectors.
    For instance, Vietnam Electricity, Petrovietnam and Vincomin account for around 87% of the country's total electricity supply.
    State-owned firms also account for around 84% of the retail fuel market..

  • What is the current political situation in Vietnam?

    EXECUTIVE SUMMARY.
    The Socialist Republic of Vietnam is an authoritarian state ruled by a single party, the Communist Party of Vietnam, led by General Secretary Nguyen Phu Trong, President Nguyen Xuan Phuc, Prime Minister Pham Minh Chinh, and Chairman of the National Assembly Vuong Dinh Hue..

  • Among the companies, the ten on top comprise PetroVietnam, Samsung Electronics Vietnam Th\xe1i Nguyên, Viettel, Vietcombank, Techcombank, PetroVietnam Exploration Production Corp, BIDV, Military Bank, Agribank, and VP Bank.
  • For most sectors and business lines, Vietnam requires no minimum capital requirements.
    However, the registered capital will be assessed by The Department of Planning and Investment for whether it is adequate to cover the expenses of the business until it generates enough revenue to cover its costs.
In complying with the Enterprise Law (National Assembly, 2005, amended in 2014 and then 2020), the typical governance structure of a Vietnamese joint-stock company follows a two-tier model and consists of four governance bodies: (i) a general meeting of shareholders (GMS); (ii) a board of directors (BOD); (iii) a chief
It argues that corporate governance is a newly introduced concept but has become increasingly important in Vietnam, especially by the introduction of the new 
This review assesses the corporate governance framework of the Viet Nam state-owned sector relative to the OECD Guidelines on Corporate 

How can Vietnamese regulatory agencies improve the quality of corporate governance reports?

Within this context, Vietnamese regulatory agencies acknowledge the importance of financial and non-financial information on annual reports and corporate governance reports (CGR) so they deploy several actions to improve the quality of annual reports and disclosure level of corporate governance reports (CGR)

What are the principles of corporate governance in Vietnam?

The Vietnam Corporate Governance Code is divided into 5 areas consisting of 10 principles and sub-principles

The arrangement of the principles takes into account the relevance and priority of the current issues in the corporate governance performance of Vietnamese companies

2 Control environment 3 Disclosure and transparency 4

Why do Vietnamese companies have a charter?

The Enterprise Law 2005 gives power and discretion to companies to decide their internal corporate governance matters through a constitution; nonetheless, most Vietnamese companies, in practice, have a charter with the exact requirements, quorum, and ratios as prescribed by the Law (Minh & Walker, 2008 )

The authors explained two reasons for this


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