Integrity is an important core value in our business operation. We regard our suppliers as important partners and we hope to pursue sustainable business operation and growth together through a win-win partnership. To actively implement the concept of integrity and ethical values, we strengthen corporate governance and risk management, and establish a corporate culture of honesty and integrity in order to build a well business operation. In order to implement the integrity management, we have set up a secretary under the board of directors as an integrity promotion unit, who is responsible for the implementation of the integrity management policies and prevention programs, and the auditors of the board of directors will check and continuously track the implementation situation from time to time. We have established a system to improve organization and management, enhance efficiency and productivity, and have established “Work Rules”, “Procedures and Guidelines of Ethical Corporate Management” and “Codes of Ethical Conduct” in accordance with the Labor Standards Law and relevant government regulations. Eurocharm adheres to the principles of fairness, honesty, trustworthiness and transparency in its business activities, implements the policy of honest management and actively prevents dishonest behaviors, and specifically regulates the matters that personnel should pay attention to when performing business.

Employee Code of Behavior and Ethics

  • Employees shall be faithful and diligent in their duties and comply with the Company’s policies, rules, regulations and practices.
  • Love the honor of the company, play the team spirit, and faithfully work hard to carry out tasks.
  • Obey the direction and supervision of supervisors at all levels, and do not act in a perfunctory manner. Supervisors should also provide personal guidance to employees and set an example.
  • Employees are not allowed to leave their jobs without prior approval.
  • Employees shall report or reflect their opinions on their duties and official matters in a hierarchical manner and shall not report beyond the hierarchical level, except for emergency or special situations.
  • Employees are not allowed to take pictures and videos in the company without permission.
  • All employees of the Company are subject to the Uniform Trade Secret Act, the Non-competition and the Intellectual Property, and shall not disclose confidential information about their duties or technology to the public, nor shall they use it directly or indirectly for their own or a third party’s benefit, and shall strictly prevent others from stealing it.
  • All employees shall comply with the relevant laws and regulations that apply in the execution of their business.
  • The Company shall not engage in conduct that would damage the reputation of the individual or the Company.
  • The Company shall not use its official relationship to solicit gifts or invitations from others. The Company shall not use the name of the Company for any purpose other than to conduct the Company’s business.

The Company upholds the highest standards of business ethics and does not tolerate corruption or any form of fraud. There has been no material breach of integrity and no fines or sanctions other than fines have been imposed on Eurocharm for any violation of law or regulation. We have established various reporting channels (joe.chang@vpic1.com.vn), such as internal mailbox reporting, external mailbox reporting, and SMS reporting, to request employees and suppliers suspected of improper conduct to voluntarily report and clarify, and to reward employees who make substantiated reports. The internal audit manager reports to the independent directors at each Audit Committee meeting on the implementation of the Company’s internal audit and internal control operations. The communication and response process specifies that the relevant supervisor has the responsibility to keep the information of the subject confidential, and the whistleblower will be kept confidential during the reporting process and will not be punished. If a report is substantiated, the Company will take serious action against the wrongdoing.

DateItem
2019.02.26The Board of Directors reported on the social corporate responsibility and corporate integrity operations in 2018.
2020.02.26The Board of Directors reported on the social corporate responsibility and corporate integrity operations in 2019.
2021.02.26The Board of Directors reported on the social corporate responsibility and corporate integrity operations in 2020.

Prevention of Insider Trading

The Company has established the “Procedures for Handling Material Inside Information and Preventing Insider Trading”, which stipulates that directors, officers and employees shall not disclose inside information to others. They shall not inquire inside information that not related to their personal duties from those who have known inside information of the Company. The Company shall not disclose to others any internal information of the Company that is not disclosed to the Company in the course of business.

The Company shall send information on prevention of insider trading (by written document or Email) to the competent authorities within two months and at least once a year when the new director and manager take office.

2019 Integrity Management Promotion and Education

ItemTotal Training Hours
(Hour)
Total number of people
(People)
Average training hours
(Hour / People)
Integrity Management Promotion and Education9270.33

2020 Integrity Management Promotion and Education

ItemTotal Training Hours
(Hour)
Total number of people
(People)
Average training hours
(Hour / People)
Integrity Management Promotion and Education9270.33

2021 Integrity Management Promotion and Education

ItemTotal Training Hours
(Hour)
Total number of people
(People)
Average training hours
(Hour / People)
Integrity Management Promotion and Education4.58250.18

Promote Prevention of Insider Trading

DateParticipantsCourse FormatContentCourse HoursNumber of people
2020.04.09Vietnam Subsidiary OfficerMonthly MeetingIntegrity Management Procedures and Behavior Guidelines, Internal Information Handling and Prevention of Insider Trading Management Procedures, and Insider Trading Video Viewing.20 mins20
2020.04.10Taiwan Subsidiary OfficerMonthly MeetingIntegrity Management Procedures and Behavior Guidelines, Internal Information Handling and Prevention of Insider Trading Management Procedures, and Insider Trading Video Viewing.20 mins7
2021.10.13-2021.10.28Group internal and related personnelThe Securities and Futures Commission held the “2021 Insider Stock Exchange Act Compliance Presentation”.The regulation of insider’s shareholding changes and the practical explanation of reporting, the first section of the Securities and Exchange Act 43-1, the matters to be noted in the acquisition of shares reporting & insider’s short term trading regulation and the analysis of doubts, introduction to insider trading regulations and prevention practices.3 hours
(13:30~16:50)
9