Which information should be periodically disclosed by state-owned enterprises in Vietnam?

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According to Article 10 of Decree 81/2015/ND-CP, enterprises must periodically disclose the following information:

a) The enterprise's development strategy;

b) Five-year business and development investment plans of the enterprise;

c) Annual business and development investment plans of the enterprise;

d) Report evaluating the results of the annual business plan implementation and the business results of the past three (03) years up to the reporting year;

đ) Report on the results of performing public duties and other social responsibilities (if any);

e) Annual report on the rearrangement and renewal of the enterprise;

g) Report on the state of governance and organizational structure of the enterprise;

h) Semi-annual and annual financial reports of the enterprise;

i) Report on the enterprise's wage and bonus policies.

On the other hand, for strategies, business plans, and investments with important content, related to or affecting national security and trade secrets, enterprises must report to the representative agency of the state owner to decide on disclosure to avoid abuse of regulations on secret content that limits the transparency and publicity of the enterprise's business and investment plans.

The representative agency of the state owner, the Board of Members, or the Chairman of the company is responsible for approving the disclosure content of state-owned enterprises within their authority; ensuring transparency, openness, and promptness of the disclosed information.

More details can be found in: Decree 81/2015/ND-CP effective from November 5, 2015.

Thu Ba

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