DEVELOPMENT

ORIENTATION FOR SUSTAINABLE DEVELOPMENT

Sustainable Development – A Core and Enduring Strategic Foundation

At Vincom Retail, sustainable development is not merely a commitment but a core strategic foundation embedded across the entire value chain, from planning and design to operations and reinvestment.

The Company’s sustainable development strategy continues to be implemented around four key directions: developing environmentally friendly shopping mall chains, promoting responsible consumption, contributing to community development, and enhancing corporate governance quality.

ENVIRONMENT AND ENERGY

Developing Green Shopping Malls

Vincom Retail is committed to developing a green shopping mall system focused on energy optimization, emissions reduction, and enhancing sustainable operational efficiency from the design stage through to operation and management. The Company is progressively integrating technological solutions, renewable energy, resource management, and circular economy practices to support Vietnam’s Net Zero 2050 goal and promote green lifestyles within the community.

Through these efforts, Vincom Retail aims to build modern, environmentally friendly shopping destinations that ensure long-term sustainable development.

SOCIAL RESPONSIBILITY

Vincom Retail, together with its retail partners, is building a modern and premium consumer shopping market platform that delivers convenient and environmentally friendly experiences for everyday life while shaping the lifestyles of future generations.

For shoppers:
Vincom Retail pioneers unique shopping, entertainment, and dining experiences, connecting consumers in each market with the latest global trends and helping customers enjoy a better and higher-quality life every day.

For tenants:
Vincom Retail provides modern retail spaces and serves as a launchpad for both local and international brands to deliver high-quality products and premium services to customers, thereby contributing to elevating the commercial landscape in the markets where Vincom Retail operates.

For communities:
Vincom Retail’s shopping malls and commercial streets are not only leading tourism landmarks, top destinations for consumption and community activities, but also new symbols of modern lifestyles in the areas where they are present, contributing to the rapid development of integrated urban areas.

For employees:
In parallel with the growth of the retail ecosystem, Vincom Retail places employees at the center of its development strategy, fostering a safe, diverse, equitable, and inclusive working environment while ensuring compliance with international standards on employee rights, welfare, and career development.

CORPORATE GOVERNANCE

Vincom Retail recognizes corporate governance as an inseparable foundation of its sustainable development strategy. A transparent, accountable governance system that complies with best practices not only safeguards shareholders’ interests, but also enables the Company to make long-term sustainable investment and operational decisions — from approving new projects and managing asset portfolios to controlling risks and allocating resources for ESG initiatives.

Accordingly, the Company has begun establishing a Sustainable Development Governance Framework, which sets out detailed regulations on the sustainability governance structure, reporting lines, and reporting mechanisms.