On the afternoon of November 10, 2023, Hanoi Stock Exchange (HNX) organized the 2023 Annual Business Conference. At the Conference, Hanoi Stock Exchange (HNX) awarded good implementation of information disclosure information and transparency for 10 large-scale public companies on UPCoM and awarded good corporate governance in 2022-2023 to 10 companies listed on HNX.
The conference was attended by Mr. Pham Hong Son - Vice Chairman of the State Securities Commission (SSC); Mr. Pham Van Hoang - General Director of Vietnam Stock Exchange (VNX); Dr. Vo Tri Thanh - Director of the Institute for Brand Strategy and Competitiveness Research; Mr. Nguyen Duy Thinh - Chairman of Hanoi Stock Exchange (HNX); Representatives of leaders of units under the Ministry of Finance, State Securities Commission, HOSE, VACPA... and representatives of about 300 businesses in the market.
The HNX listed market at the end of 2022 had 341 businesses listing stocks and 59 listed corporate bond codes, with a total listed value of 175.58 trillion VND.
In the Top 10 listed companies with best corporate governance in 2022-2023, PVI Holdings (HNX: PVI) is honored to be awarded this award by HNX for the second time.
At the end of the first 9- month of 2023, the entire PVI system successfully completed the revenue and profit targets assigned by General Meeting of Shareholders. Specifically, total consolidated revenue reached 11,867 billion VND, completing 117% of the 9-month plan. Consolidated pre-tax profit reached VND 1,039 billion, completing 148% of the 9-month plan.
As a professional Finance - Insurance institution with an international brand, PVI is a pioneer in applying advanced international practices and standards on Corporate Governance. In parallel with building an advanced corporate governance system by completing the ERM risk management project, PVI is also one of the first companies in Vietnam to implement a project applying international standards IFRS 17 on insurance contracts, expected to be completed and meet the application deadline from 2023 according to regulations.
As a leading company in the field of non-life insurance in Vietnam, PVI Insurance Corporation (100% owned subsidiary of PVI) has the honor of being the first Vietnamese non-life insurance enterprise. and is the only one in Vietnam to be rated A- (excellent) financial capacity by A.M Best.