SELECTION CRITERIA
AND PROCESS

Award Categories

Top 10
Companies in the Financial Sector
Top 20
Companies in the Non-Financial Sector
Top 10
Companies with the Best Corporate Governance – Large-Cap Group
Top 10
Companies with the Best Corporate Governance – Mid-Cap Group
Top 5
Companies with the Best Corporate Governance – Small-Cap Group
1 First Prize
1 Second Prize
1 Best Greenhouse Gas Management Report
3 Special Awards
Best Overall Reporting

Most Reliable Reporting

Best Presentation
3 Awards
Awarded to 3 most improved listed companies in each main award category
SELECTION PROCESS

Eligible annual reports from the fiscal year under consideration and registered for the awards will go through two rounds: the Preliminary and Final rounds.

Preliminary Round
  • An independent third party evaluates the annual reports of registered listed companies that meet the eligibility criteria.
  • Based on nominations from HOSE and HNX, the Organizing Committee invites four auditing firms – Deloitte, Ernst & Young, KPMG, and PwC to review the Preliminary Round results.
  • Based on the post-review results, the Organizing Committee selects the reports advancing to the Final Round.
Final Round

The Judging Panel evaluates the reports based on the results from the Preliminary Round, the audit reviews, and additional discussions to select the award-winning annual reports in each sector.

SELECTION PROCESS

Participating companies must be part of the VNX Allshare Index. Evaluation is based on reliable information publicly disclosed on the company website, the stock exchange websites (HoSE and HNX), the State Securities Commission website, and the Vietnam Securities Depository, including the Annual Report, Corporate Governance Report, Sustainability Report, Corporate Charter, Governance Regulations, and Shareholders’ Meeting materials.

Preliminary Round
  • An independent third party with corporate governance expertise conducts preliminary evaluations of the governance content in each company’s report using a standard set of criteria.
  • Based on the nominations from this evaluation, the Organizing Committee invites Deloitte, Ernst & Young, KPMG, and PwC to review the Preliminary Round results.
  • Following this review, the Organizing Committee determines the companies with good governance practices for the Final Round.
Final Round

The Judging Panel evaluates companies based on the Preliminary Round results, audit reviews, and discussions to select the award-winning companies in each market-cap group.

SELECTION PROCESS
Preliminary Round

An assessment of the Environmental and Social content is conducted using the same criteria applied to the Annual Report evaluation.

Final Round
  • Companies that meet the minimum score requirements for Environmental & Social content and those with standalone Sustainability Reports are selected for Final Round evaluation.
  • The Sustainability Assessment Group directly scores these reports based on a detailed scoring matrix to identify the award winners.
Evaluation Criteria
Annual Report
Evaluation Criteria

The evaluation criteria are based on the current regulations for the Annual Report format as guided by the Ministry of Finance (Appendix 04 issued with Circular No. 96/2020/TT-BTC dated November 16, 2020).

Sustainability Report
Evaluation Criteria
Corporate Governance
Evaluation Criteria
Contact information

Listing Management Department

Ho Chi Minh City Stock Exchange

Listing Management Department

Hanoi Stock Exchange

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