Vietnam Institute of Directors (VIOD)

What Vietnam Institute of Directors (VIOD) does

VIOD (Vietnam Institute of Directors) is an independent, non-profit professional institution founded in 2018 in Hanoi to professionalize corporate governance and sustainable-development practice across Vietnam's listed-company sector. It was established with multi-stakeholder support from the State Securities Commission (SSC) of Vietnam, the International Finance Corporation (IFC), the Swiss State Secretariat for Economic Affairs (SECO), and founding corporate partners Deloitte, Dragon Capital, and VinaCapital. VIOD is governed by a Chairperson (Ha Thu Thanh) and led by a CEO (Phan Le Thanh Long), supported by an Academic Director and Head of Training, operating with a lean team of 27 employees across offices in Hanoi (headquarters at Vinaconex Tower, Lang Ha) and Ho Chi Minh City.

The institution delivers three flagship certification programs targeting distinct governance roles: the Director Certification Program (DCP) at 31.9M VND per participant covering board roles and committee functions, the Corporate Secretary Master Program (CSMP) at 15M VND for governance officers, and the Audit Committee Master Program (ACMP) at 20M VND for oversight professionals. These are delivered as in-person multi-day intensives accredited with VIOD CPD hours, currently running cohorts numbered DCP45, CSMP14, and ACMP13. Beyond training, VIOD acts as authorized technical assessor for the ASEAN Corporate Governance Scorecard (ACGS) appointed by the SSC, technical partner for the Vietnam Listed Company Awards (VLCA), and operator of the VNCG50 and ACGS20 recognition initiatives, the IMP/CMP membership programs, the Board Diversity Report publication, the SGDG governance book series, and flagship events including the Annual Forum, AGM Forum, and Directors Talk series.

Revenue is generated primarily through per-seat program tuition, corporate and individual membership fees, event sponsorships, and publications. VIOD has trained over 1,000 board members, executives, and business leaders, delivered more than 100 in-depth courses, and accumulated hundreds of listed companies in its network since inception. It has been a member of the Global Network of Director Institutes (GNDI) since 2022, anchoring it within the international director-institute peer community and providing cross-border governance exchange.

Name

Vietnam Institute of Directors (VIOD)

Legal name

Vietnam Institute of Directors (VIOD)

Website

https://viod.vn

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Vietnam Institute of Directors (VIOD) is a Hanoi-based, non-profit professional institution founded in 2018 that trains, certifies, and networks board members, corporate secretaries, and audit committee members at Vietnam's listed and public companies through three paid certification programs (DCP, CSMP, ACMP), membership networks, and governance assessment services aligned with ASEAN and OECD standards.

Ownership category

akta.pro rank

Product category

Corporate Governance Training and Professional Development

NAICS

Business Associations (813910)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO)

akta.pro secondary industry

Risk, Governance & Compliance (incl. PMO) (EDABAHAG)

Keywords

• Corporate governance training
• Board certification programs
• Professional director education
• Corporate governance standards
• Governance assessment services

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Training Programs (DCP, CSMP, ACMP): VIOD generates revenue through professional certification and advanced training programs for board members and corporate governance practitioners. Programs are delivered in-person across Vietnam (Hanoi and Ho Chi Minh City) with accreditation credits (CPD hours). Fees range from 15 to 31.9 million VND per participant.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

VIOD delivers professional board certification and governance training programs (DCP, CSMP, ACMP) to board members, corporate secretaries, and audit committee members at listed and public companies in Vietnam, complemented by corporate and individual membership programs, governance publications, recognition initiatives (VNCG50, ACGS20), and forums (Annual Forum, Directors Talk). It also serves as the authorized technical partner for ASEAN Corporate Governance Scorecard (ACGS) assessment in Vietnam and the technical partner for the Vietnam Listed Company Awards (VLCA).

Product overview

VIOD (Vietnam Institute of Directors) is a professional, independent institution pioneering Corporate Governance (CG) and Sustainable Development in Vietnam. The organization offers a portfolio of training and certification programs including the Director Certification Program (DCP), Corporate Secretary Master Program (CSMP), and Audit Committee Master Program (ACMP), along with the Individual Member Program (IMP) for governance practitioners. VIOD also conducts research publications including the annual Board Diversity Report and SGDG Book Series, runs recognition initiatives like VNCG50 and ACGS20, and organizes events including the Annual Forum (AF) and Directors Talk series. All offerings are focused on professionalizing boards of directors and promoting high standards of transparency and business ethics aligned with international standards.

Differentiator

Problem solved

Functional benefit

Brands

• DCP (Director Certification Program): Certification program for Board of Directors members covering corporate governance roles, responsibilities, and specialized committee functions
• CSMP (Corporate Secretary Master Program)
• ACMP (Audit Committee Master Program)
• VNCG50
• ACGS20
• Directors Talk
• IMP (Individual Membership Program)

Products and services

• Director Certification Program (DCP)
• Corporate Secretary Master Program (CSMP) An advanced program enhancing understanding of the functions, duties, and responsibilities of Corporate Secretaries within corporate governance ecosystems. Since 2023, it includes the latest global practices on ESG with IFC Corporate Governance Progression Matrix and Climate Governance Tool integration. Earns 15 VIOD CPD hours. Priced at 15,000,000 VND per participant (excluding 8% VAT), delivered over 3 sessions across 1.5 consecutive days.
• Audit Committee Master Program (ACMP) An advanced program on risk management and internal control, helping companies implement Audit Committee models aligned with leading corporate governance practices in Vietnam and internationally. Earns 16 VIOD CPD hours. Priced at 20,000,000 VND per participant (excluding 8% VAT), delivered over 4 sessions across 2 consecutive days. Delivered with technical support from IFC and collaboration with PwC Vietnam.
• Individual Member Program (IMP) A professional network for individuals practicing corporate governance in Vietnam, offering networking opportunities with CG experts, connections with practitioners in ASEAN and the GNDI global network, and potential participation as board members in ASEAN companies. Officially launched at Directors Talk #28 on May 20, 2026.
• Board Diversity Report Annual comprehensive report developed by VIOD analyzing board diversity practices among listed companies in Vietnam, covering 481 companies in the VNX Allshare Index across six distinct diversity dimensions.
• VNCG50 Scorecard Initiative Initiative recognizing 50 pioneering Vietnamese companies committed to improving corporate governance practices in line with ASEAN standards, supporting companies to narrow the governance gap and laying the groundwork for VNCG50 Index development in 2026.
• Annual Forum (AF)

Quantifiable outcome

• Over 1,000 board members, executives, and business leaders trained through VIOD programs
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

17 partnerships are on record, tiered minor, key, core and founding.

• Talentnet CorporationminorStrategic or Co-development Partner · 16 April 2026VIOD signed an MoU with Talentnet Corporation on April 16, 2026, opening wider opportunities to connect the community of board members with high-quality leadership talent for Vietnamese enterprises.
• Vietnam Exchange (VNX)keyStrategic or Co-development Partner · 1 January 2026VIOD signed an MoU with VNX in 2026 to strengthen connections with capital market infrastructure and expand channels through which governance standards reach the business and investor community.
• VCCorpkeyGTM or Marketing Partner · 1 January 2026VIOD signed an MoU with VCCorp in 2026, with VCCorp serving as official media partner for major VIOD events including the AGM Forum, expanding VIOD's media reach across Vietnam's digital business media landscape.
• Ho Chi Minh City Stock Exchange (HOSE)keyStrategic or Co-development Partner · 1 January 2026HOSE is a co-organizing partner for VIOD's AGM Forum and collaborates on market upgrade readiness and corporate governance improvement initiatives for listed companies.
• Hanoi Stock Exchange (HNX)keyStrategic or Co-development Partner · 1 January 2026HNX co-organizes VIOD events including the Women Directors Forum and Directors Talks, supporting governance capacity building for listed companies on the Hanoi exchange.
• Vietnam Securities Depository and Clearing Corporation (VSDC)minorStrategic or Co-development Partner · 1 January 2026VSDC partnered with VIOD, SSC, VNX, HOSE, and HNX to co-organize the 2026 AGM Season Forum, addressing regulatory changes and governance expectations post-market upgrade.
• MSCIminorStrategic or Co-development Partner · 1 January 2026MSCI participates in VIOD events (AF8) as a thought leader, sharing insights on ESG ratings and climate-related risks with Vietnamese corporate leaders, supporting VIOD's sustainability education mission.
• Vietnam Association of Certified Public Accountants (VACPA)keyStrategic or Co-development Partner · 1 January 2025VIOD signed an MoU with VACPA in 2025 to join forces in advancing professional expertise in auditing and internal control, expanding VIOD's ecosystem within the finance and governance professional community.
• Singapore Institute of Directors (SID)keyStrategic or Co-development Partner · 1 January 2025SID co-hosted the GNDI global corporate governance events in Singapore (September 2025) with VIOD attending as a delegation. SID is a key regional peer institute within the GNDI network.
• Global Network of Director Institutes (GNDI)coreStrategic or Co-development Partner · 1 January 2022VIOD became an official member of GNDI in 2022, standing alongside peer institutes across ASEAN and globally. This membership affirms VIOD's professional standing and independence within the international governance community and enables Vietnamese directors to connect with the global director network.
• State Securities Commission of Vietnam (SSC)coreStrategic or Co-development Partner · 1 January 2018SSC supported VIOD's founding in 2018 and signed its first MoU with VIOD in 2019, laying the foundation for coordinated efforts to elevate governance standards at listed companies. The MoU was renewed in 2024, reaffirming shared commitment through the market's new development phase.
• International Finance Corporation (IFC)coreStrategic or Co-development Partner · 1 January 2018IFC provides ongoing technical support for VIOD's training programs (DCP, CSMP, ACMP), ACGS implementation, and publications including the Corporate Governance Handbook. IFC's Climate Governance Tools are integrated into VIOD's curriculum.
• Swiss State Secretariat for Economic Affairs (SECO)coreStrategic or Co-development Partner · 1 January 2018SECO has provided technical and financial support for VIOD's programs and governance initiatives since its founding in 2018, including the Corporate Governance Handbook and training curriculum development.
• DeloittefoundingStrategic or Co-development Partner · 1 January 2018Deloitte was one of the founding partners when VIOD was established in 2018, contributing to VIOD's establishment and early program development.
• Dragon CapitalfoundingStrategic or Co-development Partner · 1 January 2018Dragon Capital was one of the founding partners when VIOD was established in 2018, supporting VIOD's mission to professionalize board governance in Vietnam.
• VinaCapitalfoundingStrategic or Co-development Partner · 1 January 2018VinaCapital was one of the founding partners when VIOD was established in 2018. VinaCapital also supported Directors Talk #23 as a program sponsor.
• PwC VietnamkeyStrategic or Co-development Partner · 1 January 2018PwC Vietnam collaborates with VIOD on the Audit Committee Master Program (ACMP), contributing expertise in risk management and internal control to support the program's alignment with international audit committee standards.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Singapore Institute of Directors (SID): Singapore's national director institute, a GNDI peer institute to VIOD. Both offer board certification, governance training, and CPD programs for directors in their respective markets, with co-hosted regional GNDI events.
• Indonesian Institute for Corporate Directorship (IICD): Indonesia's director institute offering board certification, governance training, and director development programs. Directly comparable as an ASEAN national director institute under the GNDI umbrella.
• Thai Institute of Directors (IOD Thailand): Thailand's national director institute offering board certification and corporate governance training under a similar model to VIOD. Both operate as independent professional institutions within ASEAN, aligned with regional ACGS frameworks.
• Institute of Corporate Directors Malaysia (ICDM): Malaysia's national director institute delivering board certification and governance training under the ASEAN Corporate Governance Scorecard framework. Directly comparable to VIOD in mission, structure, and ASEAN governance positioning.
• Philippine Institute of Corporate Directors (ICD): The Philippines' national director institute providing board certification and corporate governance training. Directly comparable to VIOD in mission, structure, and ASEAN governance community role.

Broad incumbents

• Australian Institute of Company Directors (AICD): Australia's leading director institute offering the internationally recognized Company Directors Course. Comparable as a regional director institute within the GNDI network, though operating in a more mature governance market than VIOD.
• National Association of Corporate Directors (NACD): The US's largest member organization for corporate directors, offering certification, education, and board resources. Comparable in mission to VIOD but operating at vastly larger scale in a mature market.
• Institute of Directors UK (IoD): The UK's flagship director institute and a global benchmark for director certification. Relevant as a model and GNDI peer, with broader scope and resources than VIOD, but serving a mature UK market rather than a frontier market like Vietnam.

Others

• Global Network of Director Institutes (GNDI): The global umbrella network of which VIOD is a member since 2022. Not a peer competitor but the institutional ecosystem connecting VIOD with international director institutes across 40+ countries, enabling cross-border exchange and standards alignment.
• ASEAN Capital Markets Forum (ACMF): The regional body coordinating ASEAN capital market regulators and governance initiatives including ACGS. Relevant as the regulatory counterpart VIOD engages with for ACGS assessments and ASEAN Corporate Governance Awards, rather than a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/viodvietnam
• LinkedInlinkedin.com/company/viod-vn

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vietnam Institute of Directors (VIOD)