Launching the Corporate Governance Handbook 2025

The event is part of the cooperation framework between the State Securities Commission and the International Finance Corporation (IFC) with the support of the Swiss State Secretariat for Economic Affairs (SECO) to improve the quality of corporate governance in Vietnam.

The Corporate Governance Handbook, first launched in 2010, systematically, comprehensively and comprehensively compiles and analyzes current legal regulations on corporate governance in Vietnam, sets out appropriate international standards and practices, and makes recommendations for shareholders, businesses and the government in implementing and monitoring good governance standards. This is also a time when the Vietnamese business community is in great need of detailed guidance on shareholder rights, shareholder meetings, shareholder voting and a legal framework on corporate governance issues.

The Corporate Governance Handbook - 2025 edition with international knowledge, experience, and best practices on corporate governance, compared with the reality in Vietnam, helps public companies have direction, enhance understanding and improve their corporate governance situation.

Over the past 15 years, Vietnam's corporate governance regulations have undergone major changes with the promulgation of the 2019 Securities Law and the 2020 Enterprise Law. Most recently, the G20/OECD Corporate Governance Principles adopted by the G20 in September 2023 marked a new level of global standards for the legal, regulatory and institutional framework for corporate governance, emphasizing the responsibilities of enterprises and boards of directors on sustainable development issues; the responsibility to manage risks and interests of non-shareholder stakeholders as well as the obligation to promptly and accurately disclose all material information, including financial and non-financial information and corporate governance.

In his opening speech, Mr. Vu Chi Dung - Head of the Legal and External Affairs Department of the State Securities Commission said that awareness of the role and benefits of good corporate governance is increasingly enhanced in the Vietnamese business community in general and listed enterprises in particular.

In its role as an agency that builds, manages, and supervises the stock market towards international standards and best practices in corporate governance, the State Securities Commission, together with IFC, with the support of SECO, updates and republishes the Corporate Governance Handbook - 2025 edition with international knowledge, experience, and best practices in corporate governance, compared with the reality in Vietnam to help public companies have direction, enhance understanding, and improve their corporate governance situation.

“The new edition of the handbook published at this time with the most updated regulations, practices and international knowledge on corporate governance hopes to become an effective toolkit to support business leaders in their corporate governance journey for the sustainable development of their businesses,” Mr. Dung shared.

Speaking at the event, Ms. Ha Thu Thanh - President of the Vietnam Institute of Directors (VIOD) also said that the launch of the Corporate Governance Handbook 2025 at this time is very useful for corporate governance practices, when businesses are entering the season of general meetings of shareholders, with full information and comprehensive analysis of current legal regulations on corporate governance in Vietnam.

Along with this Handbook, in 2025, the State Securities Commission with the support of IFC-SECO will consider upgrading the Vietnam Corporate Governance Code of Best Practices (VN CG Code) to guide public enterprises in practicing corporate governance closer to ASEAN standards and the G20/OECD 2023 Corporate Governance Code. High governance standards need to become an important foundation of Vietnam's capital market, playing an important role as a driving force for the country's continuous economic growth.

Source: https://nhandan.vn/ra-mat-cam-nang-quan-tri-cong-ty-2025-post869499.html