HCM CITY — The VN Sustainability Index (VNSI) will make its debut in July to evaluate the sustainability performance of companies listed on the stock market of Việt Nam. It will consider shares on VN 100, a capitalisation-weighted index that constitutes the shares of two other indexes (VN30 and VNMidcap). The new index’s criteria are based on the OECD Principles of Corporate Governance, the GRI Standards, current regulations on information disclosure and corporate governance, and advice from prestigious experts, market insiders and financial organisations. Through VNSI, HOSE hopes to promote the application of sustainable development initiatives in the listed firms, he added. Meanwhile, the corporate governance aspect includes shareholders’ rights, treatment to shareholders, relevant parties’ responsibility, information transparency, and the role and responsibility of the board of directors.

Source: Viet Nam News March 25, 2017 02:03 UTC