ANNUAL REPORT 2024
TOGETHER IN BELIEF, LEADING IN INNOVATION
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251
C
Disclosure and Transparency
C
Disclosure and Transparency
Quality of Annual Report
Disclosure of related party transactions (RPT)
C.2
C.4
C.4.2
Does the company disclose the name, relationship, nature and value for each material RPTs?
Disclosed on the Company's website under the Investor Relations/Information Disclosure/Other Extraordinary Information section. Related transactions are also summarized in the interim and annual Governance Reports.
C.2.3
Non-financial performance indicators
Included in the 2024 Annual Report (Sustainable Development section).
C.2.4
Dividend policy
Included in the 2024 Annual Report (Business Performance section).
Directors and commissioners dealings in shares of the company
C.5
C.2.5
Does the Annual Report contain a statement confirming the company's full compliance with the code of corporate governance and where there is non-compliance, identify and explain reasons for each such issue? Biographical details (at least age, academic qualifications, date of first appointment, relevant experience, and any other directorships of listed companies) of all directors/commissioners
Included in the 2024 Annual Report (Members of the Board of Directors).
C.5.1
Does the company disclose trading in the company's shares by insiders?
Displayed on the Company’s website under the Investor Relations/Information Disclosure/Other Extraordinary Information section.
C.2.6
This content is presented in the Reports of the Board of Directors and of the Supervisory Board, and included in the 2024 Annual Report.
C.6 External auditor and Auditor Report
C.6.1
Are the audit and non-audit fees disclosed?
Audit fees: VND 570,000,000. Non-audit fees: VND 236,000,000.
Remuneration of Members of the Board and Key Executives
C.3
C.6.2
Does the non-audit fee exceed the audit fees?
The non-audit service fee in 2024 is lower than the audit service fee.
C.3.1
Is there disclosure of the fee structure for non-executive directors/commissioners?
The Company announces the remuneration and benefits of the BOD and the BOM at the AGM. Currently, the members of the BOD are working without remuneration.
Medium of communications
C.7
C.7.1
Quarterly reporting
The Company publishes consolidated financial statements and separate financial statements quarterly in bilingual formats (Vietnamese and English). Additionally, the Company publishes regular quarterly IR (Investor Relations) reports.
C.3.2
Does the company publicly disclose [i.e. annual report or other publicly disclosed documents] details of remuneration of each non-executive director/commissioner?
The Company announces the remuneration and benefits of the BOD and the BOM at the AGM. Currently, the members of the BOD are working without remuneration. If remuneration is paid to non-executive Board members, the details will be presented in the Annual Report and Financial Statements. The Company announces the remuneration and benefits of the BOD and the BOM at the AGM. Currently, the members of the BOD are working without remuneration. If remuneration is paid to non-executive Board members, the details will be presented in the Annual Report and Financial Statements.
C.7.2
Company website
The Company consistently updates and fully discloses information required by law, as well as information related to the Company’s activities, in bilingual formats (Vietnamese and English).
C.3.3
Does the company disclose its remuneration (fees, allowances, benefit-in-kind and other emoluments) policy/practices (i.e. the use of short term and long term incentives and performance measures) for its executive directors and CEO?
C.7.3
Analyst's briefing
The Company actively engages with analysts on a quarterly basis. Additionally, it meets and provides updates on extraordinary developments to analysts to convey clearer insights into the Company’s activities.
C.3.4
Does the company publicly disclose [i.e. annual report or other publicly disclosed documents] the details of remuneration of each of the executive directors and CEO [if he/she is not a member of the Board]?
All income of the executive members of the Board and the General Director is disclosed in the Company’s Annual Report and Financial Statements.
C.7.4
Media briefings /press conferences
The Company actively engages with newspapers, television stations, and media organizations during meetings with analysts and AGM. The Company frequently updates operational activities and promotes products/initiatives through mass media channels.
Disclosure of related party transactions (RPT)
C.4
Timely filing/release of annual/financial reports
C.8
C.4.1
Does the company disclose its policy covering the review and approval of material RPTs?
Article 40 of the Company's Charter outlines the authority for approving transactions with related parties. The Company has issued a Policy on reviewing and approving transactions with major related parties.
C.8.1
Are the audited annual financial report / statement released within 120 days from the financial year end?
The Company always complies with information disclosure on financial statements within the prescribed deadlines.
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