PDR: Named Among Top 50 Enterprises with Best Corporate Governance Practices - VNCG50

Phat Dat Real Estate Development Corporation (PDR) has been honored as one of Top 50 Enterprises with Best Corporate Governance Practices (VNCG50), a prestigious recognition announced by the Vietnam Institute of Directors (VIOD). This accolade highlights leading enterprises in corporate governance, emphasizing sustainable development and enhancing international competitiveness.

Top 50 Enterprises with Best Corporate Governance Practices (VNCG50)

The VNCG50 program is supported by major organizations such as the International Finance Corporation (IFC), the Swiss State Secretariat for Economic Affairs (SECO), and the State Securities Commission (SSC). The recognition is based on criteria from the ASEAN Corporate Governance Scorecard (ACGS) – the region’s leading standard for CG evaluation.

The criteria focus on transparency in information disclosure, the role of the Board of Directors, shareholder rights, and risk management practices. With a goal of improving governance capabilities, this accolade not only acknowledges compliance with current regulations but also encourages companies to enhance operational efficiency, thereby building trust among investors and stakeholders.

With over 20 years of establishment and growth, PDR has successfully delivered numerous large-scale real estate projects, ranging from modern urban areas and premium housing to mixed-use complexes. Beyond product quality, PDR has invested significantly in modern governance practices. The Board takes the lead in adopting international standards to ensure transparency and sustainable development. These efforts not only help PDR maintain trust among customers and shareholders but also meet the stringent requirements of international capital markets.