Family-owned enterprises have long been more than commercial entities in Vietnam—they are part of the nation’s cultural, social, and generational backbone. Today, BeQ Holdings is reshaping how financial markets view these companies by elevating the VNX Family Business Indexes as a central pillar within its expanding BeQ ESG Indexes Development. This reframing places family governance—historically embedded in Vietnamese business life—at the forefront of sustainable investing.
This evolution is no coincidence. Globally, family-controlled firms are increasingly recognized for the very ESG attributes modern investors prioritize: long‑term vision, prudent governance, strategic stability, accountability, and intergenerational responsibility. In Vietnam, where family enterprises dominate entire sectors of the economy, these characteristics are even more visible. BeQ’s Family Business Indexes quantify this unique dynami—capturing companies that blend commercial ambition with legacy-driven stewardship and a deep sense of continuity.
Family-run enterprises are also known for their resilience during periods of uncertainty. Their structural strengths—long‑term planning horizons, conservative leverage, disciplined governance, and stability across leadership cycles—create a natural hedge against volatility.
In Vietnam, this effect is even more pronounced:
These traits help explain why the VNX Family Business Index has dramatically outperformed the broader market, particularly during cycles of global instability. By integrating this index family into the BeQ ESG ecosystem, BeQ Holdings is not merely tracking performance—it is recognizing family enterprises as natural ESG leaders whose values of stewardship, stability, and long-term responsibility align with the future of sustainable investing.
The index is designed in accordance with international standards and is UCITS-compliant, making it suitable for supporting funds, ETFs, derivatives, and structured products.
BeQ Global Indexes define Family Business eligible company following global index providers and academic researchers’ criteria, rely on three objective criteria:
A company qualifies as a family business when a founding family or related individuals hold 20%–30% of voting rights or when the family is the largest single shareholder.
Family control must be evident in at least one of the following:
The company must be family‑founded, with control maintained by the founding family across generations or clearly documented as a family‑run enterprise.
BeQ Vietnam VNX Family Business Top 10 Index select the ‘best’ top 10 constituents of the BeQ Vietnam VNX Family Business index in term of liquidity, and adjusted capitalization on free float, remaining room. The index is weighted by the adjusted market capitalization, starting at 1,000 on the base date on December 31, 2024.
The Primary BeQ Vietnam VNX Family Business Indexes are calculated in Price Return (PR) format, with Total Return (TR) and Net Return (NR) versions also available. The standard index currency is VND, while additional currency versions—such as AUD, CAD, CNY, EUR, GBP, HKD, JPY, KRW, SGD, USD, and USDC—are provided for overseas investors to reflect their actual performance.
Last Updated: February 27, 2026
Last Updated: February 27, 2026
Last Updated: February 27, 2026
Last Updated: February 27, 2026
