Enterprises distinguished to promote financial transparency

A ceremony to award enterprises with best annual financial records was held in Ho Chi Minh City on June 27 with Sacombank winning the first prize.

The event, the first of its kind so far in Vietnam, aimed to encourage enterprises to strictly follow standard financial recording, said organisers from the municipal bourse HOSE, the Securities Investment newspaper and the Dragon Capital.

Nguyen Anh Tuan, Editor in chief of the Vietnam Investment Review and Head of the Organising Board, said the prize is expected to stimulate professional and transparent reports of enterprises’ financial operations, thus promoting transparency of the national stock exchange.

The second prize went to the Corporation for Financing and Promoting Technology (FPT) while Vinamilk, the Phu My fertilizer company and Hoa Phat group shared the third prize.

VNA

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