An investor looks at trading figures at the Vietcombank Securities Limited Company (Photo: VNA)
Hanoi (VNA) – Listed companies accountfor just 0.1 percent of the total number of operating enterprises and see poorcorporate administration, an annual business report released by the Vietnam Chamber of Commerce and Industry (VCCI)showed.
By December 15, 2016, Vietnam had close to 1,830 public companies, with 693firms listed on the Hanoi Stock Exchange (HNX) and the Ho Chi Minh StockExchange (HOSE) and 391 others trading shares on the Unlisted Public Company (UPCoM)market.
According to the report, with the encouragementof management agencies, listed companies have paid attention to corporateadministration, but they still failed to meet international standards.
Vu Chi Dung, Director of the InternationalCooperation Department of the State Securities Commission (SSC), saidVietnamese public companies, particularly small- andmedium-sized firms, lack knowledge and expertise in corporate management and theyjust strive to satisfy minimum requirements as regulated.
The Finance Ministry’s Circular No 121/2012/TT-BTC classifies publiccompanies and listed enterprises to set out higher standards for corporateadministration. However, these regulations are seen as recommendations rather thanobligations.
SSC Chairman Vu Bang said his agency hasimplemented a wide range of measures to enhance business management in listedcompanies. The Finance Ministry and the SSC have submitted to the Government adecree on corporate administration, he added.
On April 20, the SSC and the InternationalFinance Corporate (IFC) established a national advisory council on companymanagement, which is expected to issue specific regulations for businesses tofollow.-VNA
The positive 2016 earning reports of over 90 percent of nearly 600 listed companies on the two national stock exchanges are providing a fresh impetus for the market.
The VN-Index on the HCM Stock Exchange closed almost flat on March 7 on investor caution over a possible lending rate increase by the US central bank and exchange-traded funds’ portfolio review.
Although Vietnamese apparel company movement toward the stock market is an inevitable trend in a market economy, only 30 businesses of the sector’s total of 6,000 have listed so far.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
An investor looks at trading figures at the Vietcombank Securities Limited Company (Photo: VNA) 
