return icon Vietnamnet.vn

BIC program to indicated best listed companies in Vietnam

A better and detailed view on enterprises effectiveness will help partners, credit institutions, investors, and especially shareholders to make a more accurate and justifiable decision.

Vietnam the Best Company (BCI), a program aimed at assessing performance effectiveness of the local business community, is an essential measurement of the economy during the process of global integration.

 

{keywords}

VCCI Chair Vu Tien Loc

 

 

Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc shared his view at the launch of the BCI program on December 10.

As an annual event since 2013, the BCI evaluates 21 financial criteria related to every business aspect of nearly 1,600 public firms listed in Vietnam’s stock markets, that operate in 32 different economic sectors.

“Findings from the BCI will help the VCCI to better analyze the current business environment and provide recommendation to the government in efforts to support Vietnamese enterprises during the new development stage” Mr. Loc suggested.

Besides, enterprises taking part in the BCI can understand better their shortcomings and what needs to be done to refine development strategies, he added.

“A better and detailed view on enterprises effectiveness will help partners, credit institutions, investors, and especially shareholders to make a more accurate and justifiable decision,” Mr. Loc continued.

This year, the VCCI also awarded certificates of merit for top 15 public firms in three consecutive years (2017-20) and top 50 public firms with the highest compositeness in 2019.

“Enterprises honored this time are not only those with the best financial capability, but also the best in terms of corporate governance, market share, revenue and stability,” Mr. Loc stated.

According to Loc, the BCI is a reference source for many government agencies, banks, and business organizations in their respective operations.

In the coming time, the VCCI would continue to expand the BCI coverage beyond the listed companies for greater accuracy and independence in assessing business performance.

 

Hanoitimes

Businesses complain about new CIT payment regulation

Businesses complain about new CIT payment regulation

Under the new regulation, by the end of the third quarter, enterprises have to estimate the amounts of tax of the fourth quarter and pay the amounts.

MORE NEWS

Vietnamese economy forecast to grow 7.5% in 2022

The nation’s economic recovery has accelerated over the last six months on the back of a resilient manufacturing sector coupled with a robust rebound in services, according to a World Bank (WB) economic update for Vietnam released on August 8.

Vietnam National University - Hanoi leaps 186th places on Webometrics list

The Vietnam National University - Hanoi (VNU) ranked 758th in the latest Webometrics Ranking of World Universities, jumping 186 places from the previous list released in January.

Vietnam’s initiatives at AMM-55 receive support: ambassador

Opinions raised by Vietnam at the 55th ASEAN Foreign Ministers' Meeting (AMM-55) and related meetings, which took place in Cambodia from August 2-5, received support from other participating countries and were included in documents of the meetings,

Mass vaccinations against monkeypox not currently recommended

The latest guidelines from the health ministry concerning the diagnosis, treatment and prevention of monkeypox still have not prescribed vaccines to the general public.

HCM City promotes arts and cultural activities at night

The HCM City Department of Culture and Sports has sent the municipal People’s Committee a proposal for street arts performances on Nguyen Hue pedestrian street in District 1 for 2022-2025 period, starting this month.

Two entertainers allegedly involved in Spanish rape case return to Vietnam

Two Vietnamese entertainers allegedly involved in the sexual assault of a 17-year-old British girl returned to Vietnam on Sunday.

HCM City: disbursement for public investment projects moving at snail’s pace

The disbursement rate for public investment capital in HCM City had reached only 26 percent as of the end of July. About 100 projects had a disbursement rate of zero.

Music gala raises funds for soldiers protecting Vietnam borders, islands

A music gala to raise funds for soldiers and people living in border areas and islands will be held in HCM City on August 9.

Curbing inflation: the optimal goal of monetary and fiscal policies

Monetary and fiscal policies have been tightened to fight inflation in Vietnam (though it is among the lowest in the world), instead of aiming to recover production and boost growth, which is needed after several years of pandemic.

Businesses seek capital as banks run out of ‘credit quota’

Businesses in many fields have voiced their concerns about the lack of capital from banks.

Businesses complain about customs procedures, import taxes

Businesses still must visit ministries in Hanoi to complete paperwork, which they consider a big waste of time and money. They are also concerned about high import taxes.

Vietnam contributes to International Law Commission

Vietnamese Ambassador Nguyen Hong Thao has pledged to make more contributions to the progress and development of international law, for peace, friendship, cooperation and sustainable development worldwide.

Pencak silat fighter enjoys golden year

Pencak silat fighter Quang Thi Thu Nghia has had amazing year of competition when she has won titles from all competitions that she took part in.

Pop singer to compete at MTV Europe Music Awards

Pop singer Pham Dinh Thai Ngan from HCM City will represent Vietnam at the MTV Europe Music Awards (MTV EMA) 2022.

PM hosts national committee on digital transformation’s third session

Prime Minister Pham Minh Chinh chaired the third meeting of the National Committee on Digital Transformation on August 8 to assess digital transformation pace during the first half of 2022 and devise tasks for the time ahead.
back_to_top