SACOMBANK joins over 30 enterprises recognized with VNCG50, affirming governance standards following international best practices

Ms. Pham Thi Thu Hang (Independent Board Member of SACOMBANK) represented the Bank in receiving the VNCG50 Standard Certificate at the event.

Specifically, at the 8th Annual Corporate Governance Forum (AF8), organized by the Vietnam Institute of Directors (VIOD) with the partnership of the International Finance Corporation (IFC), the Swiss State Secretariat for Economic Affairs (SECO), the State Securities Commission, the Vietnam Stock Exchange, the HCMC Stock Exchange, and the Hanoi Stock Exchange, SACOMBANK was one of over 30 listed companies in Vietnam to achieve the VNCG50 standard.

Officially announced in 2024, the VNCG50 criteria set was developed by VIOD, based on the Corporate Governance Principles of the Organization for Economic Co-operation and Development (OECD) and the ASEAN Corporate Governance Scorecard (ACGS). Its aim is to comprehensively evaluate and elevate the governance capacity of Vietnamese listed companies, especially in the context where the State is creating new growth drivers for the private economy and the Vietnamese stock market is being upgraded by FTSE Russell to the Secondary Emerging Market status.

VNCG50 serves as a vital reference framework for Vietnamese enterprises to identify their governance maturity level, close the gap with regional countries, and aim for the ASEAN Asset Class status – a group of enterprises with outstandingly high ACGS scores, highly rated for transparency standards, reputation, and profit index. This enables businesses to have sufficient governance capacity and readiness to welcome development opportunities and new capital flows, estimated to reach up to USD 6 billion over the next three years.

SACOMBANK's governance system has been recognized for meeting many crucial criteria of the scorecard, including information transparency; protecting the legitimate rights of shareholders and investors; good control over corporate operations; enhancing risk management and compliance with domestic and international legal regulations; and a commitment to sustainable development.

This title also follows SACOMBANK’s series of achievements in investor relations, as the Bank was previously honored in the Top 3 listed companies with the most favored IR activities in 2025, belonging to the Financial Large Cap group at the IR Awards. The recognition from independent and reputable organizations shows that SACOMBANK is synchronously building its operating ecosystem—information disclosure, risk management, and sustainable development—establishing firm trust with shareholders and investors.

Sharing at the event, Ms. Pham Thi Thu Hang (Independent Board Member of SACOMBANK) stated: “The VNCG50 title is a testament to the internal governance strength that SACOMBANK has continuously consolidated, especially throughout the restructuring journey. We view good governance as the core competence that shapes the comprehensive development of the Bank, helping SACOMBANK build long-term trust with the market. This result motivates us to continue raising governance standards, accelerating digital transformation, strengthening risk management, and preparing for the new demands of both the domestic and regional markets.”