The Swiss State Secretariat for Economic Affairs (SECO) supported the event to enhance corporate governance standards in Vietnam.
First introduced in 2010, the handbook systematically compiles and analyses Vietnam’s corporate governance regulations while incorporating relevant international standards and best practices. It offers shareholders, businesses, and policymakers recommendations on implementing and overseeing governance principles.
Over the past 15 years, Vietnam’s corporate governance framework has evolved significantly, with key milestones such as the 2019 Securities Law and the 2020 Enterprise Law. The 2023 G20/OECD Principles of Corporate Governance, adopted in September 2023, set new global standards, emphasising corporate responsibility for sustainable development, risk management, stakeholder interests, and transparency in financial and non-financial disclosures.
Speaking at the event, Vu Chi Dung, Head of Legal and International Cooperation at SSC, highlighted the growing awareness of corporate governance’s role and benefits among Vietnamese businesses, particularly listed companies. The 2025 edition integrates global insights, best practices, and Vietnam-specific comparisons to guide public companies in strengthening governance.
Ha Thu Thanh, Chairwoman of the Vietnam Institute of Directors (VIOD), noted that the handbook is particularly valuable as businesses prepare for shareholder meetings, offering comprehensive legal insights. Additionally, with IFC-SECO support, SSC plans to update Vietnam’s Corporate Governance Code (VN CG Code) in 2025, aligning it with ASEAN standards and the 2023 G20/OECD Principles. Strong governance is expected to serve as a key foundation for Vietnam’s capital markets and sustained economic growth.
