Sacombank is among more than 30 enterprises achieving VNCG50, affirming governance standards according to international practices.

Sacombank's confirmation of meeting VNCG50 standards (a set of criteria for assessing good corporate governance practices for listed companies in Vietnam) is of outstanding significance as the bank is in the process of implementing its restructuring project. This achievement reflects Sacombank's steadfast efforts in continuously improving the quality of operations and consolidating its governance foundation according to international standards.

Specifically, at the 8th Annual Forum on Corporate Governance (AF8) organized by the Vietnam Institute of Directors (VIOD) with the support of the International Finance Corporation (IFC), the Swiss State Secretariat for Economic Affairs (SECO), the Securities Commission, the Vietnam Stock Exchange, the Ho Chi Minh City Stock Exchange, the Hanoi Stock Exchange, Sacombank is one of more than 30 listed companies in Vietnam meeting the VNCG50 standards.

Ms. Pham Thi Thu Hang (Independent Member of Sacombank's Board of Directors) represented the Bank to receive the Certificate at the event.

Officially announced in 2024, the VNCG50 criteria set developed by VIOD, based on the Corporate Governance principles of the Organization for Economic Cooperation and Development (OECD) and the ASEAN Corporate Governance Scorecard (ACGS), aims to comprehensively assess and enhance the governance capacity of listed enterprises in Vietnam, especially in the context that the State is creating new growth momentum for the private economy and the Vietnamese stock market is upgraded to Secondary Emerging Market by FTSE Russell.

VNCG50 serves as an important reference platform for Vietnamese enterprises to identify their level of governance maturity, narrow the gap with other countries in the region, and at the same time aim to achieve ASEAN Asset Class standards - a group of enterprises with outstandingly high ACGS scores, well-evaluated in terms of transparency standards, reputation and profitability index. From there, enterprises will have enough capacity in governance, ready to welcome development opportunities as well as new capital flows estimated at up to 6 billion USD in the next 3 years.

Sacombank's governance system is recognized to have met many important criteria of the scorecard, including information transparency; protecting the legitimate rights of shareholders and investors; good control of business operations; strengthening risk management and compliance with domestic and international laws; and commitment to sustainable development.

This title also continues Sacombank's series of achievements in investor relations when the bank was previously honored as one of the Top 3 listed enterprises with IR activities most favored by investors in 2025, in the Financial Large Cap group at the IR Awards. The recognition from prestigious independent organizations shows that Sacombank is building a synchronous ecosystem of management - information disclosure - risk management - sustainable development, creating solid trust with shareholders and investors.

Sharing at the event, Ms. Pham Thi Thu Hang said: “The VNCG50 title is a testament to the internal governance strength that Sacombank has continuously strengthened, especially throughout the restructuring journey. We consider good governance as a core competency that shapes the bank's comprehensive development, helping Sacombank build long-term trust with the market. This result is the driving force for us to continue to improve governance standards, accelerate digital transformation, strengthen risk management and be ready for new requirements of the domestic and regional markets.”

Source: https://thoibaonganhang.vn/sacombank-vao-nhom-hon-30-doanh-nghiep-dat-vncg50-khang-dinh-chuan-muc-quan-tri-theo-thong-le-quoc-te-174741.html