259 listed companies have well fulfilled their information disclosure obligations

In 2019, listed companies (DNNY) that properly and fully complied with the obligation to disclose information on the Vietnamese stock market had a decrease in number. This shows that meeting the statutory information disclosure obligation is not easy.

Disclosure of information (Disclosure) is a mandatory obligation for all listed companies (DNNY) on two Vietnamese stock exchanges. This is not only the obligation but also the responsibility of listed companies to the investor community in general and shareholders in particular.

In 2019, Vietstock in conjunction with Finance and Electronic Life (FiLi.vn) conducted a comprehensive survey on the correct and complete compliance with information disclosure obligations on the Vietnamese stock market.

This year’s survey period corresponds to the period from May 1, 2018 to April 30, 2019, the standards of the survey are applied in accordance with the provisions of Circular 155/2015/TT-BTC of the Ministry of Finance on information disclosure on the stock market.

The survey program is based on the time when the investment community receives information disclosure. Specifically, the final basis is based on the time when the information appears on the websites of the State Securities Commission, the Stock Exchanges and corporate websites.

Southern Basic Chemicals Joint Stock Company (stock code CSV) is one of 259 enterprises that have been evaluated to fulfill the obligation of information disclosure in 2019.