Digiworld Wins 2025 IR Awards for Exceptional Disclosure Practices
Digiworld Corporation (HOSE: DGW), a leading Vietnamese company, has been recognised for its exceptional information disclosure practices in the 2025 IR Awards survey. This is not the first time Digiworld has received such an accolade, demonstrating its consistent commitment to best practices in disclosure. Meanwhile, Vietnam's stock market today is on the cusp of a significant upgrade, with improved information disclosure practices among listed companies being acknowledged.
The recognition comes at a time when information disclosure issues are a major concern in Vietnam's stock market, with 80% of violations stemming from such problems. The upgrade announcement in October could potentially attract a substantial capital inflow, with estimates ranging from $1 billion from ETFs to $5-6 billion from active funds. However, companies must balance transparency with protecting sensitive business information, with clear regulations defining business secrets and their safeguarding methods.
Investor relations (IR) is seen as a critical factor in enhancing transparency and efficiency among listed companies. It should be a strategic arm, not just an administrative function, requiring cross-department collaboration and strong support from leadership. Regulators have issued circulars and decrees to prevent conflicts of interest and ensure information equality in the stock market. Support from company leadership is crucial for successful IR practices, which require transparency, consistent communication, understanding investor expectations, and effective crisis management.
Digiworld's recognition for its information disclosure practices is a testament to its commitment to transparency and best practices. As Vietnam's stock market approaches an upgrade, improved disclosure practices among listed companies, with 67% now meeting the 'Information Disclosure Best Practices 2025' standard, bode well for the market's future. With the potential capital inflow from the upgrade announcement, maintaining a balance between transparency and protecting sensitive information will be key for companies to attract and retain investors.
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