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Strong corporate governance is not simply a matter of meeting established requirements. It is also about how effectively boards oversee business decisions, assess risks, and bring independent perspectives into the leadership process.
As business environments evolve, expectations of board members are becoming more demanding. Their ability to exercise sound judgment and contribute meaningfully to strategic discussions is increasingly important to effective governance.
These topics were explored at a corporate governance seminar organized by the Vietnam Institute of Corporate Governance Research (VNICG) and the Institute of Singapore Chartered Accountants (ISCA).
BBCIncorp attends VNICG – ISCA corporate governance seminar
On October 27, 2026, Mr. Oliver Ng represented BBCIncorp at the seminar held at the Ho Chi Minh Stock Exchange.
The program brought together professional perspectives from Vietnam and Singapore to discuss strengthening independent directors’ capabilities and developing corporate governance practices across both markets.
One of the key highlights was the cooperation between VNICG and ISCA, including the introduction of the Independent Director Dual Programme (IDDP). The program aims to support professional development by combining governance expertise from the two markets.
Board effectiveness goes beyond formal compliance
Having appropriate governance structures in place is essential, but structure alone does not guarantee effective oversight.
The quality of boardroom decisions also depends on the knowledge, independence, and professional judgment of those involved. Independent directors need to understand the business environment, evaluate potential risks, and challenge assumptions constructively rather than simply fulfill formal responsibilities.
This makes continuous professional development an important part of strengthening governance. As business conditions and stakeholder expectations change, board members must also develop the capabilities needed to respond effectively.
Professional exchange helps bridge different governance environments
Different markets bring different regulatory frameworks, business practices, and governance experiences. Learning from these differences can help professionals gain a broader understanding of how governance principles are applied in practice.
The cooperation between VNICG and ISCA highlights the role of cross-market professional exchange in developing board capabilities. By bringing together expertise from Vietnam and Singapore, such initiatives create opportunities for shared learning and more informed professional discussions.
The broader takeaway is that governance practices benefit from continued development, not only through formal standards but also through the exchange of experience and perspectives.
What makes corporate governance effective?
The seminar provided BBCIncorp with an opportunity to engage with industry professionals, exchange perspectives, and gain a closer understanding of the priorities shaping corporate governance and business leadership.
These discussions reinforce the importance of staying informed about developments in professional practices and the wider business environment. Understanding how expectations evolve across markets provides valuable context for organizations supporting businesses through different stages of their operations.
As corporate governance continues to develop, the capabilities behind boardroom decisions will remain just as important as the frameworks guiding them.
Disclaimer: While BBCIncorp strives to make the information on this website as timely and accurate as possible, the information itself is for reference purposes only. You should not substitute the information provided in this article for competent legal advice. Feel free to contact BBCIncorp’s customer services for advice on your specific cases.
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