PwC in the news

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Latest media coverage


  • 17 December 2013: PwC wins 2013 Most Admired Knowledge Enterprise Award
    PwC was recently announced as winner for the 12th time of the Global Most Admired Knowledge Enterprise (MAKE) Award 2013. Read more.

  • 21 October 2013: ERM – making enterprises become more agile and risk resilient
    Organisations can leverage on ERM to transform their organisations to become more risk resilient and agile in responding to uncertainties. Read more.

  • 30 September 2013: Innovation brings in opportunities
    "Innovation" has been a word mentioned by many in the current economic context. But where to start and how to manage risks from innovation? Michael Thomas Szczepnski, Director of Advisory Services of PwC Vietnam, has talked with the Saigon Financial Investment about this.

  • 23 August 2013: Michael Szczepanski talked at Vietnam CEO Summit 2013 (VITV)
    Growth through innovation is the solution for Vietnam's enterprises.

  • 30 July 2013: Vietnamese firms need time to list on foreign bourses
    Vietnamese companies generally need around 2 to 3 years to prepare for an overseas listing, given the differences between international and Vietnamese accounting standards, as well as the high standards required for corporate governance and internal controls, Tony Dang Quoc Tuan, Capital Market Services Leader of PwC Vietnam, tells Vietweek.

  • 29 July 2013: Sustainable Development Report: Taking the first steps (Dau Tu Chung Khoan)
    "Investment in sustainable development is investment in the future", said Nguyen Viet Thinh, Director of Advisory Services, PwC Vietnam. He was the Chairman of the Judgement Panel of the Sustainable Reporting Awards 2013. Read more...

  • 8 July 2013: BIDV upgrades IT system (Saigon Times Daily, Banking Times)
    PwC assisted in investigating and assessing the current status of the core IT system of BIDV for meeting the bank’s business strategies at present and in future, as well as the requirements from BIDV Board of Management. Read more...

  • 1 July 2013: PwC urges firms to embrace ERM (Vietnam Investment Review)
    PwC Vietnam's advisory director Edward Chien writes that it is high time local enterprises took Enterprise Risk Management (ERM) seriously to become more risk resilient. Read more...

  • June 2013: ERM – transforming the organisation to become more agile and risk resilient (Vietnam Securities Review)
    Enterprise Risk Management (“ERM”) has been a subject matter discussed frequently with consultants such as PwC in recent times. It is heartening that businesses in Vietnam are seeing the benefits of having structured processes to identify, assess, mitigate and monitor their key risks. Read more...

  • June 2013: Actively involved (Vietnam Economic Times)
    With her greatest asset - an extensive understanding of and experience in Vietnam's business environment, Ms. Dinh Thi Quynh Van, General Director of PwC Vietnam, has played an important role in the country's tax consulting industry.

  • April 2013: PwC Vietnam honoured with Prime Minister’s Certificate of Merit for its Achievements in Building & Developing Tax Consulting Service Market in Vietnam (Read more here: Vietnam Investment Review, Vietnam Investment Review Online, Dau Tu, Vietnam Business Forum, VnEconomy)
    PwC Vietnam and Ms. Dinh Thi Quynh Van, General Director of PwC Vietnam, were honoured to receive the Prime Minister’s Certificate of Merit for their achievements in building and developing tax consulting service market in Vietnam over the past 5 years, from 2008 to 2012. The Certificates of Merit were presented at the Second Term meeting of the Vietnam Tax Consultants’ Association (VTCA) held on 26 April 2013 at the office of the Ministry of Finance in Hanoi.

  • 1 April 2013: VietinBank replaces Core Banking System (VITV)

  • December 2012: Risk management in growth markets - PwC Vietnam offers technical assistance to SSC and HNX (Vietnam Investment Review)
    On the occasion of PwC Global Chairman Dennis Nally's visit to Vietnam from 11 to 12 December 2012, PwC Vietnam inked technical assistance agreements with the State Securities Commission (SSC) and the Hanoi Stock Exchange (HNX) for building an Early Warning System and risk assessment.

  • October 2012: PwC's record revenues toasted (Vietnam Investment Review)
    PwC has reported record global total gross revenues of US$31.5 billion for 2012.

  • September 2012: For an efficient corporate supervisory board (Thoi Bao Kinh Te Sai Gon, Dan Tri)
    Companies' supervisory boards are actually underperforming in Vietnam and PwC Vietnam's experts point out five reasons why.

  • September 2012: Worldwide economic prospects take toll on Asia-Pacific outlook (Saigon Times Daily, Saigon Times Weekly, Vietnam Economic News, Nhip Cau Dau Tu, Vietnam News)
    Welcoming the 2012 Annual Summit of the Asia-Pacific Economic Cooperation (APEC) Forum to take place from September 7-8 in Vladivostok, PwC has conducted a survey with chief executive officers (CEO) in the 21 APEC economies.

  • 3-9 August 2012: SOE restructuring - easier said than done (Vietweek)
    It is said that new restructuring measure cannot apply to several major SOEs. Dinh Thi Quynh Van, CEO of PwC Vietnam, said the dissolution of companies, even those suffering prolonged losses, should be carefully considered as it could cause many workers to lose their jobs. She believes SOEs cannot divest at any time they want, especially in the context of their investments being ineffective.

  • 6 June 2012: Banking M&A requires voluntariness (Vietnam Financial Times)
    Currently, merger and acquisition (M&A) activities in the banking sector in Vietnam are on the increase. The State Bank of Vietnam is making hectic efforts to deal with bad debts and weak banks, so M&A is considered as a "solution" of many banks. Dinh Thi Quynh Van, CEO of PwC Vietnam, was interviewed by the Vietnam Financial Times about this.

  • May 2012: Merger and acquisition in Vietnam in 2012: Targets sought (Vietnam Economic Times)
    Although volumes were down in 2011, merger and acquisition activities in Vietnam will continue at high levels in 2012.

  • 14 May 2012: M&As to remain in vogue in 2012 (Vietnam Investment Review)
    Mergers and acquisitions (M&A) will continue at high levels in 2012 with inbound acquisitions remaining significant, driven by high levels of interest among Asian investors, especially those from Japan and Korea, looking to tap Vietnam's growing economy, large population, and its strong resource base.

  • 11 May 2012: Business mergers, acquisitions to continue in Vietnam (Vietweek)
    Mergers and acquisitions would continue in Vietnam this year, with interest among Japanese, South Korean and other Asian investors remaining very high.

  • March 2012: System audit - new profession in Vietnam (
    System and process audit helps enterprises avoid system operation risks, deliver transparency in reports and ensure system security.

  • March 2012: Vietnam's tax reform - work in progress (Vietnam Economic Times)
    Vietnam's tax reform process continue apace and while the changes made are most welcome, there are still important areas still to be tackled.

  • January 2012: Restructuring will fix the weaknesses in unbalanced growth and improve operational ability of enterprises and banks (Thi Truong Tai Chinh Tien Te)
    An interview with Mr. Ian Lyndall, Chairman of PwC Vietnam has explored his opinions concerning the matter of Government’s restructuring scheme for the macro-economy, ultimately in terms of investment, state-owned enterprises and banking system.

  • October 2011: PwC reports record $29b revenue (Vietnam News)
    PwC reported gross revenues of US$29.2 billion for its worldwide network of firms for the fiscal year ended 30 June 2011, an increase of 10% over FY2010, and the strongest growth in revenues that the network has seen since 2008.

  • October - December 2011 »
    23 November: Many firms favour M&A deals (The Malaysian Reserve)
    Malaysian financial services companies are upbeat about expanding their businesses through foreign mergers & acquisitions (M&A) in Asia as global growth shifts to the East, says PwC Malaysia partner, Soo Hoo Khoon Yean.

    23 November: PwC upbeat on financial M&A (The Sun Daily)
    There will be more merger and acquisition (M&A) activities in Asia in the next 12 to 18 months as the focus of global economic growth shifts to the East, with continued interest in cross-border transactions, says PwC Malaysia partner, Soo Hoo Khoon Yean.

    23 November: M&As to dominate banking sector on rising competition (The Star)
    Mergers and acquisitions (M&As) will continue to dominate the local banking sector moving forward, as banks will merge in the light of rising competition and additional capital requirement regulations, says PwC Malaysia partner, Soo Hoo Khoon Yean. 

    21 November: Climate change reporting heats up in Asia (The Edge Malaysia)
    Climate change reporting is gaining momentum in Asia, especially Malaysia. However, the levels are below average compared with global leading sustainability companies, say PwC Malaysia associate directors Ng Yin Ching and Rashyid Anwarudin.

    17 October: Malaysia must find its niche in regional economy (The Edge Malaysia)
    Malaysia needs to up its ante in the regional economy or risk losing out to our neighbours in the war for profits and talent. The government can only do so much, as seen in Budget 2012, so it's up to the private sector and the rakyat to join forces with the government to build a sustainable economy for all, says PwC Malaysia senior executive director Khoo Chuan Keat.

    17 October: Shipping industry - sink or float? (The Star)
    Budget 2012 reveals that the maritime industry is poised for rapid growth but turbulent waters are on the horizon - stagnating and competitive freight rates in the face of increasing costs of new builds. The government needs to review the current policies and incentives of the industry to enhance its competitiveness in the development of Malaysia's economy, says PwC Malaysia senior executive director Steve Chia.

    10 & 11 October: Budget 2012 questions & answers (The Star)
    The PwC team answers questions from readers on the RPGT rate hike, compensation for late payment of tax refunds, incentives for expatriates, individual owners of budget taxis and more.

    10 October: More efficient IRB seen (The Sun Daily)
    A new move announced for the 2012 Budget to compensate taxpayers for late income tax refund will ensure that the Inland Revenue Board speeds up the reimbursement process, says PwC Malaysia senior executive director Sakaya Johns Rani.

    6 October: Tablet PCs allow migration of content without diminishing brand (The Edge Malaysia)
    In the next four years, Malaysia’s Entertainment & Media (E&M) sector is expected to grow at above the global rate, according to a new study by PwC. E&M players need to continuously stay engaged with its consumers and collaborate with other parties in order to maintain their relevance and market presence, says Marcel Fenez, PwC global leader for entertainment & media.

    3 October: People, businesses for downturn (The Edge Malaysia)
    The Budget 2012 should focus on the possible world economic downturn that will impact Malaysia. PwC Malaysia senior executive director SM Thanneermalai shares his views.

  • July - September 2011 »
    26 September: Need for fairer tax treatment of developers (The Edge Malaysia)
    The property industry is facing many developments due to changes in the accounting landscape and strict tax regulations. PwC Malaysia senior executive director Steve Chia pinpoints some of the common issues faced by developers and recommends a few alternatives in light of the evolving tax rules affecting the industry.

    19 September: Embracing GST to boost revenue (The Edge Malaysia)
    GST has been getting a lot of press lately, receiving mixed public opinion on tax reform. What can our current tax system tell us about Malaysia, and what needs to change by 2020 in order for us to become a developed nation? PwC Malaysia executive director Raja Kumaran and associate director Nicolaos Giannopoulos study the possibilities and the plus points of introducing a GST in Malaysia.

    5 September: Getting ready for US Foreign Account Tax Compliance Act (FATCA) (The Edge Malaysia)
    The US Foreign Account Tax Compliance Act or FATCA comes into effect on 1 January 2012. Much needs to be done before that, but how prepared are Malaysian public entities? Our Executive Directors Azura Othman and Lorraine Yeoh give some food for thought and tips on how to get FATCA-ready.

    4 April: Survival of the fittest (The Edge Malaysia)
    Smaller banks will need to rebrand and re-engineer themselves to stay competitive in the new banking landscape, says PwC Malaysia partner, Soo Hoo Khoon Yean.

  • April - June 2011 »
    7 June: Holistic cities with balanced economies to dominate (The Edge Malaysia)
    In a recent report released by PwC and the Partnership for New York City, it was found that the finance and business centres of the future may not necessarily be the traditional capitals of global dominance. Instead, holistic cities with balanced economies and a strong quality of life are becoming increasingly attractive. What makes a holistic city? Our Executive Director Andrew YH Chan comments.

    June Issue: Being prepared (ACCA Accounting and Business)
    The massive earthquake and tsunami in Japan highlight how important it is for public and private organisations to have a robust disaster risk management plan in place. PwC Malaysia Senior Executive Director Ong Ai Lin shares her views.

    May Issue: Heading for the clouds (ACCA Accounting and Business)
    One of the major concerns of today’s CFOs from an IT perspective, is how to maximise the use of emerging technology such as social networking and cloud computing to drive their businesses, says Shahrin Ismail, executive director of PwC Advisory Services, Malaysia.

    4 April: Survival of the fittest (The Edge Malaysia)
    Smaller banks will need to rebrand and re-engineer themselves to stay competitive in the new banking landscape, says PwC Malaysia partner, Soo Hoo Khoon Yean.

  • January - March 2011 »
    30 March: Good corporate behaviour spells profits? (The Star)
    Corporations in various industries have made corporate responsibility (CR) a primary business purpose and many believe that there is a link between good corporate behaviour and profits.

    30 March: Views on corporate responsibility (The Star)
    In conjunction with the StarBiz ICR Malaysia CR Awards 2010, StarBiz talks to corporate Malaysia to see how seriously they view corporate responsibility (CR).

    30 March: Ngiam: Good corporate behaviour a must for sustainable future (The Star)
    The StarBiz-ICRM Corporate Responsibility Awards promotes good corporate behaviour among Malaysian companies as the key to a sustainable future, says Star Publications (M) Bhd group managing director and CEO Datin Linda Ngiam at the StarBiz-ICR Malaysia Corporate Responsibility (CR) Awards 2010.

    30 March: Major CR advances seen (The Star)
    Major qualitative improvements and higher standards of CR performance were observed among the shortlisted companies vying for the StarBiz-ICR Malaysia Corporate Responsibility (CR) Awards 2010, says Securities Commission chairman Tan Sri Zarinah Anwar.

    7 March: CEOs need to lead by example (The Star)
    CEOs need to walk the talk and practice what they preach in the CR initiatives implemented by their companies, said Leaderonomics founder and CEO Roshan Tiran at the StarBiz-ICR Malaysia CR Exchange, a forum on CR in the workplace: Issues & best practices.

    7 March: Views on corporate responsibility (The Star)
    Leaderonomics founder and CEO Roshan Tiran, Guinness Anchor Bhd Human Resource Director Sujitha Rajaratnam and Lafarge Malayan Cement Bhd President and CEO Bi Yong Chungunco shared their views on CR and the management’s role in leading the CR agenda during the StarBiz-ICR Malaysia CR Exchange, a forum on CR in the workplace: Issues & best practices.

    4 March: CEOs must recognise, develop talents (The Malaysian Reserve)
    CEOs must recognise and develop talents so that a skilled workforce can sustain their companies, said Minister in the Prime Minister's Department, Datuk Seri Idris Jala at a dialogue hosted by PwC based on the key findings of PwC's 14th Annual Global CEO Survey.

    4 March: Malaysia set to meet investment targets (Business Times)
    The Government is confident it can achieve its investment targets this year under the Economic Transformation Programme (ETP), said Minister in the Prime Minister's Department Senator Datuk Seri Idris Jala at PwC's "What future are you preparing for" dialogue. The dialogue is based on the key findings of PwC's 14th Annual Global CEO Survey.

    4 March: Unleashing talent is job for chief executives (The Edge Financial Daily)
    CEOs need to take the lead in unleashing talent in order for Malaysia to achieve a developed nation status, said Minister in the Prime Minister's Department, Datuk Seri Idris Jala during PwC's "What future are you preparing for" dialogue. The dialogue discussed the shared agenda between the private and public sectors as a critical growth factor, and other key findings of PwC's 14th Annual Global CEO Survey.

    2 March: Firms must engage more with employees (The Star)
    Companies need to engage more with their employees and the community around them in order to develop their presence beyond just profits, said speakers at the StarBiz-ICR Malaysia CR Exchange, a forum on CR in the workplace: Issues & best practices.

    19 February: Making progress in CR (The Star, StarBizWeek)
    More companies are beginning to see the benefits of reporting their CR activities, either in stand-alone CR reports, their annual reports or on websites, says PwC associate director, Ng Yin Ching.

    27 January: PricewaterhouseCoopers is now PwC (The Edge)
    After 13 years of being known — internally and externally — as PwC, the global professional services firm has finally decided to embrace its nickname officially with a logo change.

    27 January: CEOs in Asia Pacific more upbeat on growth: PwC Survey (Business Times)
    According to PricewaterhouseCoopers’ 14th Annual Global CEO survey, chief executive officers in Asia Pacific are more confident of growth in the next 12 months compared to their counterparts in Western Europe.

    13 January:  Zarinah: Bigger companies' CR reporting quality has improved (The Star)
    The standard and quality of corporate responsibility (CR) reporting by the larger listed companies have improved since the StarBiz-ICR Malaysia CR awards was introduced in 2008 for listed companies on Bursa Malaysia.

    3 January: Changing the horizon of lease accounting (The Edge Financial Daily)
    A global leasing standard is being proposed in line with the global International Financial Reporting Standards (IFRS) convergence process, and is expected to have critical business impacts to every entity that has lease arrangements.