Bao Viet 60 years - consecutively honored in the Top 10 "Most Sustainable Enterprises in Vietnam"

Linh Hà |

Surpassing hundreds of candidates who are enterprises with positive contributions to sustainable development activities during the year, Bao Viet continues to be honored in the Top 10 "Vietnam Sustainable Enterprises 2024". This is also the 9th consecutive year that Bao Viet is one of the outstanding sustainable enterprises in Vietnam in the field of trade and services.

The announcement ceremony of Vietnam Sustainable Enterprises 2024 (CSI) 2024 honored 100 typical sustainable enterprises in both the manufacturing and trade - service sectors.

This year, the CSI program attracted nearly 500 enterprises nationwide, from different types and sizes of enterprises to submit applications, through which the Organizing Committee has preliminarily screened and selected 142 applications for official evaluation. Notably, this year's program, the rate of domestic enterprises and new enterprises participating for the first time also recorded outstanding growth compared to the past 3 years, at 62% and 35% respectively. This figure shows that the level of interest in sustainable development of domestic enterprises has improved significantly.

Participating and achieving high rankings in the Ranking for 9 consecutive years reflects Bao Viet Group's continuous contributions in joining hands with the business community to promote sustainable development in Vietnam, which has been recognized by the appraisers and reflected in this year's ranking results.

In December 2024, Bao Viet Group paid more than 745 billion VND in cash dividends.

Aiming for sustainable development, Bao Viet Insurance is honored to be a typical insurance company for Vietnamese enterprises, bringing motivation to the business community and Vietnamese entrepreneurs to commit to strive, join hands, and contribute to the economic development of the country.

• Bao Viet - Doanh nghiep Viet dau tien chinh thuc duoc cong nhan danh gia xep hang doanh nghiep ben vung trong nhom Chi so Dow Jones Sustainability Indices-DJSI. Anh: Bao Viet
• Bao Viet - The first Vietnamese enterprise officially recognized for sustainable business ranking in the Dow Jones Sustainability Indices-DJSI group. Photo: Bao Viet

According to the profit distribution plan, in December 2024, Bao Viet will spend more than VND 745 billion to pay cash dividends, equivalent to 10.037% of the par value of shares. In addition, Bao Viet also allocates funds for social security activities such as: investing in education; upgrading medical infrastructure; building charity houses; overcoming the consequences of natural disasters...

Towards the 60th anniversary of its establishment (January 15, 1965 - January 15, 2025), Bao Viet focuses its resources on optimizing network advantages, diversifying business areas and enhancing the professionalism of each member unit with the goal of creating the future. With strong financial potential, leading capital and asset scale among insurance companies, Bao Viet always fulfills its commitments to shareholders, increasing value for investors.

At the National Brand Product Announcement Ceremony, Prime Minister Pham Minh Chinh awarded the Vietnam National Brand 2024 logo to Bao Viet Life Insurance Service and Bao Viet Non-Life Insurance Service.

Bao Viet develops sustainably, worthy of the position of "Vietnamese brand, international value"

The theme “Living sustainably with Bao Viet” was chosen as the message throughout Bao Viet’s Sustainable Development Report this year to strongly affirm our commitment to accompanying customers, shareholders and the community on the journey to build a sustainable future for all. Bao Viet is not only a financial protector, but also a connector between the community and nature, together spreading awareness of preserving natural identity, preserving the environment for a healthy community, for a green planet. Together with Bao Viet, conquer the journey of sustainable living from the smallest things, where each of our right decisions is a step closer to a stable, long-term and prosperous future.

Bao Viet is the first Vietnamese enterprise to be recognized and ranked as a Sustainable Enterprise in the Dow Jones Sustainability Indices - DJSI for two consecutive years and continues to be recognized in the Corporate Sustainability Assessment (CSA) of S&P Global.

To be evaluated in the DJSI rankings, Bao Viet has met strict requirements on many factors such as corporate financial health, stock value, transparency, sustainable business operations, etc. Being included in the international rankings has demonstrated the value and health of a leading enterprise like Bao Viet in general and the attractiveness of BVH shares in particular, thereby elevating the leading insurance enterprise in Vietnam.

Linh Hà
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