Companies receive the Viet Nam Listed Company Awards at a ceremony in HCM City on Wednesday. — VNS Photo

The 2019 Viet Nam Listed Company Awards were presented in the three categories of best annual report, best sustainable development report and best corporate governance in HCM City on Wednesday.

In its 12th year, the annual awards were begun by the HCM City Stock Echange (HOSE), the Ha Noi Stock Exchange (HNX) and Vietnam Investment Review. They aim to reward good reporting practices by listed companies and bring Viet Nam closer to overseas capital inflows.

This year the number of companies with high scores doubled, demonstrating the great progress made in corporate governance, according to the organisers.

After two rounds of assessment by HNX, HOSE, audit companies including KPMG, PwC, Ernst&Young and Deloitte and independent experts, dozens were selected for the awards.

In the best annual report category, 25 companies were chosen, 10 in the large-cap and five in the mid-cap groups. They include The PAN Group, Bao Viet Group, Hau Giang Pharmaceutical Company, Traphaco and Hoa Binh Construction Group, Nova Group.

For corporate governance, five winners were selected in three categories. They include The PAN Group, Digiworld Joint Stock Company, Traphaco Joint Stock Company, Nafoods Group, and Everpia Joint Stock Company.

Five companies were chosen in the sustainable development report category.

Le Hai Tra, head of the organisation board, said: “Providing transparent information, improving corporate governance and achieving sustainable development to integrate with global and regional capital markets is the long-term goal.” — VNS