LACP International Award for World's Best Report
In this year's season, Bao Viet is proud of many important awards, especially the prestigious Platinum Award in the Finance - Insurance industry (Best reports within its industry: Platinum Award) for both the Annual Report and the Sustainable Development Report.
At the same time, Bao Viet also achieved the position of Top 5 Best Annual Reports of Vietnam (Country-Based Honors: Top 5 Vietnamese Reports), Silver Award for Outstanding World Progress Reports 2022 (Worldwide Most Improved Reports: Silver), Gold Award for Outstanding Asia Improvement Reports 2022 (Asia-Pacific Most Improved Reports: Gold) and Outstanding Technology Application Report 2022 (Technical Achievement Award).
Bao Viet's report quality was highly appreciated by the evaluation board when it achieved absolute scores in 6/7 important categories with a total score of 98/100. With this achievement, Bao Viet's Annual Report ranked No. 1, leading the list of Best Annual Reports in Asia and No. 21/100 Best Annual Reports in the world.
Bao Viet won the LACP international award for the best report in the world.
Towards the 60th anniversary of its establishment (January 15, 1965 - January 15, 2025), Bao Viet uses the message "Efficiency for success" in the Annual Report with the desire to demonstrate the company's efforts in 2022 when optimizing resources in business operations to achieve the best results, ready to face challenges from the business and social environment.
Through strategic goals, promoting cooperation between units in the system, and methodical investment activities, Bao Viet gradually completes its annual plan, develops sustainably, and aims for success.
By choosing the message “Live happily with Bao Viet” in the Sustainable Development Report, Bao Viet aims at the core value of the enterprise, which is to take People as the central factor of development, deciding all success or failure. Bao Viet wishes to become a trustworthy companion, together with customers, shareholders, partners and the community to create a peaceful and prosperous life, giving wings to love and happiness.
The highlight of this year comes from the Sustainable Development Report with a modern and youthful idea, convenient interface, easy interaction with Smart PDF, worthy of the title of Excellent Technology Application Report (Technical Achievement Award).
Along with that, Bao Viet has made remarkable progress as the first Vietnamese insurance company to be certified under the Dow Jones Sustainability Indices (DJSI). This is the first time a Vietnamese insurance company has been recognized in this index.
When businesses do a good job of comprehensive reporting and transparent information, investors' benefits will also increase and contribute to the healthy development of the Vietnamese market.
Therefore, Bao Viet is a pioneer in applying international standards in reporting such as GRI Standards, Dow John Sustainability Indices (DJSI), TCFD (Task Force on Climate-Related Financial Disclosures)... all of which are sets of standards that provide the most comprehensive, complete and systematic approach ever.
Expected to pay more than 708 billion VND in cash dividends to shareholders
In the context of unpredictable fluctuations in the global economy and financial markets, the complicated business environment in Vietnam, with many potential risks, Bao Viet has proactively forecasted and analyzed changes in the business environment and identified opportunities and challenges for Bao Viet in the short, medium and long term, so Bao Viet still achieved positive growth.
With strong financial potential, leading capital and asset scale among insurance companies, large capitalization ratio and high liquidity, BVH shares always play a leading role in the insurance industry stock group.
As a leading enterprise, Bao Viet Group has always maintained its position as one of the enterprises with large contributions to the state budget through tax payments and dividends. Bao Viet Group has approved the payment of cash dividends at a rate of 9.54% on par value, equivalent to more than VND 708 billion, expected to be paid by the end of 2023.
It is expected that the total amount of dividends paid to Bao Viet shareholders from equitization to the end of 2023 will reach more than VND 12,400 billion. With strong financial potential, leading capital and asset scale among insurance companies, Bao Viet always fulfills its commitments to shareholders, increasing value for investors. From equitization to 2023, the total amount of money Bao Viet paid to the State budget will reach more than VND 27,000 billion.
Bao Anh
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