Baoviet Holdings wins the 2018 Asia's most transparence sustainability Report by the ASRA

Baoviet Holdings – The leading financial and insurance group in Vietnam has won The best transparence sustainability report at the 4th Asia Sustainability Reporting Awards (ASRA) concluded in Singapore. ASRA is the highest recognition for corporate reporting in the region.

Overcoming hundreds of candidates who are corporate businesses from many countries in the Asian region with high results in the activities of making sustainable development reports, Baoviet was awarded the 2018 Asia's most transparence sustainability Report by the ASRA Panel of Judges.

Baoviet Holdings wins the 2018 Asia's most transparence sustainability Report by the ASRA ảnh 1
Baoviet Holdings wins the 2018 Asia's most transparence sustainability Report by the ASRA

Baoviet Holdings' representative speaking at the award ceremony: "This is the third year in a row, we have been nominated at the Asian Sustainability Report Awards (ASRA), Baoviet is honored to contributing to raising the prestige of Vietnamese corporate enterprises in their commitment to sustainable business in the regional market. As an enterprise recognized with a series of domestic and international awards in the past years, Baoviet has affirmed its position as a leading company in sustainable development activities and constantly improving its quality and transparency of reporting content according to international practices.”

In addition, at the Vision Awards organized by LACP (United States), Baoviet also achieved 8 awards categories, the most prominent of which is the Top 14 Integrated Reports Worldwide; 2 Platinum Awards for Best Annual Report in Insurance Industry - Financial Services; Gold Award for Excellence within Insurance and Financial Services and Top 5 Best Vietnam Sustainability Reports.

In Vietnam, Baoviet Holdings continues to subjugate members of the Voting Council of "Vietnam Listed Company Awards" co-organized by Ho Chi Minh City Stock Exchange (HOSE), Hanoi Stock Exchange (HNX) and Securities Investment Newspaper with outstanding results, topping the top three categories: Top 10 best annual reports of Large Cap group; Top 5 businesses with the Best Corporate Governance Reports and the Best Sustainability Report.

Brand Finance - the world's leading independent brand and business strategy valuer/auditor, announced the Vietnam Brand Rankings 2018. Accordingly, Baoviet is the leading brand in the financial - insurance sector, in the Top 50 most valuable brands in Vietnam. Baoviet brand value is valued at US $ 116 million, an increase of US $ 8 million compared to 2017. This is a recognition of the improvement of Baoviet brand over the years.

Senior business leaders from 13 countries turned up at the exclusive awards ceremony hosted by the British High Commissioner in Singapore H.E. Scott Wightman. The event was attended by dignitaries from diverse fields including academia, non-profit, embassies, trade associations and advocacy organisations.

A record 82 companies from 14 countries made it to the final round of the 2018 Asia Sustainability Reporting Awards across 17 categories.

The awards were presented by the Guest of Honour Jessica Cheam, managing editor of Eco-Business, The British High Commissioner H.E. Scott Wightman and special guests Dr Lawrence Loh, director of Corporate Governance, Institutions and Organisations at NUS Business School and Dr Wu Huijuan, Assistant Director, Singapore Institute of International Affairs.

An independent judging panel decides the awardsfollowing rigorous criteria. The judges sifted through nearly 400 entries to select the winners.The judging process involvedthree rounds of screening and evaluations to identify the very best in each award category. Finally, comprehensive due diligence was carried out to assess finalists’ reputation among stakeholders,and the findings were considered to determine the winners.

Rajesh Chhabara, managing director at CSRWorks International and the creator of the Awards, said: “Sustainability reporting has become an important tool for investors and stakeholders to assess a company’s full value. High quality reporting and disclosure allows organisations to communicate how they manage their economic, environmental, social and governance impacts, risks and opportunities to create value in the short, medium and long term. Baoviet’s winning report demonstrates the company’s leadership in sustainability reporting and a deep sense of commitment totransparency, disclosure and value creation.”

In recent years, almost all major stock exchanges in the region have introduced regulations that require the listed companies to publish annual sustainability reports to meet investors’ demand.

“ASRA is helping organisations to raise the bar in reporting and improving the quality of sustainability information for stakeholders,” Mr Chhabara added.

CSRWorks International, a Singapore-based firm focussed on sustainability consulting, training and thoughtleadership, has created the non-profit Asia Sustainability Reporting Awards to inspire Asian organisations to adopt sustainability reporting and integrated reporting.

PSNews

Other News

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.

Biofuel ready for nationwide rollout

Biofuel ready for nationwide rollout

For biofuels, particularly E10, to develop successfully, stronger and more coordinated policies are needed, especially pricing mechanisms capable of creating a sufficiently attractive gap between E10 and mineral-based petrol, an expert has said.

Vietnamese farm produce promoted at African investment, trade forum

Vietnamese farm produce promoted at African investment, trade forum

The 12th Africa Forum for Investment & Commerce (AFIC 12) opened in Algiers, the capital of Algeria, on May 9, drawing around 2,000 participants, including officials, economists, businesses, financial and development organizagtions from 43 African countries and international partners, including Vietnam.

Int'l medical, pharmaceutical expo opens in Hanoi

Int'l medical, pharmaceutical expo opens in Hanoi

The exhibition, which runs until May 9 at the Hanoi International Centre for Exhibition, showcases advanced products and technologies across a range of fields, including pharmaceuticals, drug manufacturing machinery and equipment, medical devices, hospital and clinic services and dental equipment.

Mega projects to transform Ho Chi Minh City urban landscape

Mega projects to transform Ho Chi Minh City urban landscape

Leading the charge in this massive building spree is the new central city square in the core of the Thu Thiem new urban area. Spanning more than 20 ha, it’s the crown jewel of the Central Square and new administrative center complex.

Vietnam establishes itself as one of region’s most dynamic manufacturing and supply bases

Vietnam establishes itself as one of region’s most dynamic manufacturing and supply bases

The country’s stable political and economic environment provides a critical foundation for long-term sourcing strategies. At the same time, Vietnam has demonstrated a strong ability to scale up manufacturing, supported by a continuously expanding industrial base capable of meeting both high-volume demand and increasingly complex technical and quality requirements.

Vietnamese pomelos gain broader access to Australian market

Vietnamese pomelos gain broader access to Australian market

The update by Australia’s Department of Agriculture, Fisheries and Forestry to its Biosecurity Import Conditions system (BICON) on April 10, officially setting out import conditions for Vietnamese pomelos, is regarded as a major milestone in market access efforts.

Vietnam's industry spearheads transition to circular economy

Vietnam's industry spearheads transition to circular economy

The circular economy is no longer just a policy choice. It has become an inevitable trend for delivering sustainable and green growth, sharpening competitiveness at home and abroad, and meeting Vietnam’s net-zero emissions target by 2050. It is now a prerequisite to sustain long-term economic expansion, particularly in industrial production and supporting industries.

Nearly 100 tonnes of Vietnamese fruits, vegetables airlifted to UAE

Nearly 100 tonnes of Vietnamese fruits, vegetables airlifted to UAE

Vietnamese fresh produce and processed foods are increasingly recognised for their quality, with items such as cashew nuts, coffee and spices gaining popularity among Middle East consumers. In 2025, Vietnam’s farm produce exports to the UAE exceeded 445 million USD, up nearly 24% year-on-year.