Vingroup Governance Structure

Vingroup launched a number of initiatives to strengthen its management and governance procedures. These initiatives were aimed at applying best practices in accordance with the Group’s core values and aligning individual total compensation with business results.

In recent years the Group has received the endorsement of the business community, investors, and management experts for its corporate governance, as well as national and international awards for its annual reports.

Role of the Management Systems in Vingroup’s Development

Vingroup has identified corporate governance as a critical success factor in achieving sustainable growth and profitability. The Group has issued an internal management code of conduct describing the requirements for professional and transparent management of operations. The code of conduct is designed to protect the interests of shareholders, customers, employees, and the community

Principles of the Management Code of Conduct

Core Values of Vingroup’s Management Models

To ensure proper governance structure

To ensure performance of the BOD, the Supervisory Board

To make transparent the operations of the Group

MANAGEMENT CODE OF CONDUCT

To ensure rights of the shareholders and the Group

To ensure equal treatment among the shareholders

(Extract from Provision No. 3, Vingroup Management Code of Conduct-issued on 31 May 2018)

CORE VALUES

Vingroup believes that effective management systems enable the organization to promote its core values, control business operations, and delegate responsibilities among its various business units. The Group constantly looks for ways to realize the synergies among the various business units and P&Ls to help meet its business goals.