PwC in the news

DATE

 

TITLE

 

DESCRIPTION

 

DOWNLOAD

 

28 Nov

 

Nasir Dao - Tax Legal Partner: M&A to become among the most attractive investment channels in Vietnam

 

M&A is the key for foreign investors to uplift their market expansion. When a M&A deal is completed, foreign investors will receive comprehensive support rather than starting their baby steps in a whole new market.

 

Link

 

25 Nov

 

Hoang Hung discussed Industry 4.0's benefits and challenges

 

What benefits does the Fourth Industrial Revolution bring to consumers and businesses? What challenges do companies worldwide face when adapting to Industry 4.0 ? What are the effects on the Vietnamese workforce in particular? Those were some of the issues that Vietnam Markets Leader Hoang Hung discussed in a recent episode of 'Tài chính Kinh doanh' (Business Finance) on HTV9.

 

Link

(HTV9)

 

19 Nov

 

Sustainable development for family businesses: Where to start?

 

PwC Vietnam's Partner Hoang Hung reprised his role as guest expert on CEO - Chia khoa thanh cong's episode dated 19 November. Drawing on his extensivev experience in sustainability consulting, Hung gave advice on how to start pursuing a sustainability agenda, as well as explained the specifics businesses will need to consider.

 

Link

(Source: VTV.vn)

 

17 Nov

 

PwC's Global Chairman on VTV1's Startup Nation: How to succeed in the digital age

 

How are start-ups driving growth in the APEC region? And how should traditional businesses adapt to the digital age, especially when it comes to talent recruitment and retention? Watch VTV's interview with Bob Moritz - PwC's Global Chairman at the APEC CEO Summit 2017 to learn more.

 

Link

(Source: VTV)

 

17 Nov

 

Dinh Thi Quynh Van: Optimising investment in technology and automation

 

For many businesses, applying technology and digitisation come with challenges in terms of costs and human resources. However, if businesses succeed in this endeavour, they will enjoy much higher efficiency than with traditional operations. More in Vietnam Economic Times' interview with Dinh Thi Quynh Van - PwC Vietnam's General Director 

 

Link

 

12 Nov

 

Richard Irwin - PwC Vietnam's Chairman looked back on 10 years of Vietnam's WTO membership

 

PwC Vietnam's Chairman and Tax Partner Richard Irwin was featured in VTV's special programme "10 years of WTO and the on-going integration journey". Looking back on the past 10 years of Vietnam's WTO membership, he said that WTO has opened up unprecedented opportunities for foreign investors and helped to improve the quality of Vietnam's legal system.

 

Link

(Source: VTV.vn)

 

10 Nov

 

Confidence levels high among business leaders

 

Confidence levels are high among business leaders in Vietnam, with up to 47% of foreign investors planning to increase their investments in the country over the next 12 months. This makes Vietnam the most attractive destination for planned increases in cross-border investments among the 21 APEC economies. Read more in Vietnam Economic Times' article about PwC's APEC CEO Survey 2017.

 

Link

 

10 Nov

 

PwC's Global Chairman lists three prerequisites for Vietnam to become an "investors' paradise"

 

In order to become an "investors' paradise", Vietnam needs a detailed roadmap for attracting investment, extensive tax reforms and a high-quality workforce. These were recommendations made by Robert Moritz - PwC's Global Chairman in an interview with VOV at the APEC CEO Summit 2017 in Da Nang city.

 

Link

 

09 Nov

 

PwC's Chief Economist: Vietnam should embrace Industry 4.0 as an opportunity 

 

"In the long run, Vietnam will need to shift its production to less labour-intensive manufacturing sectors and adopt new automation technologies such as AI and robotics to keep up with its international competitors. Vietnam should embrace Industry 4.0 as an opportunity rather than a threat", said John Hawksworth, PwC's Chief Economist in an article on Thoi bao Kinh te Sai Gon (Saigon Times).

 

Link

 

09 Nov

 

Bob Moritz - PwC's Global Chairman: 3 key solutions for future of globalisation

 

PwC's Global Chairman Bob Moritz talked about the future of globalisation at the APEC CEO Summit 2017 held in Vietnam. He shared three pieces of advice for businesses wanting to adapt to the changing global landscape.

 

Link

 

09 Nov

 

PwC's Global Chairman discussed APEC CEO Survey findings with VTV

 

PwC's Global Chairman Bob Moritz discussed the key findings of the APEC CEO Survey 2017 in an interview with VTV's Business Finance News. He explained why Vietnam is one of the top destinations for APEC investors and what the economy should do to realise its growth potential.

 

Link

 

08 Nov

 

APEC CEO Survey 2017: Businesses are confident of future growth

 

"Positive sentiments can be seen in three areas; an expanding domestic economy, expectations of new growth from trade agreements and export expansion, along with a positive outlook on innovation in key sectors of opportunity," Dinh Thi Quynh Van, PwC Vietnam's General Director said at the APEC CEO Survey 2017 press conference.

 

Link

 

08 Nov

 

Bob Moritz - PwC's Global Chairman commented on Vietnam's workforce transformation

 

Bob Moritz - PwC's Global Chairman joined other delegates at the APEC Economic Leader's Week to share thoughts on how to transform Vietnam's workforce for the digital future. More in VTV's Business Finance News.

 

Link

 

08 Nov

 

PwC's Global Chairman: "I have a very positive impression of Vietnam"

 

Talking with Vietnam News Agency, PwC's Global Chairman Bob Moritz shared his positive impression of Vietnam's economic potential. He also gave his views on major trends in the global economy and the APEC region. 

 

Link

 

08 Nov

 

Sridharan Nair: Automation is no longer a technology of the future

 

"Automation is no longer a future technology and APEC businesses are prepared to invest in training the workforce for automation", Sridharan Nair - Territory Senior Partner of PwC Malaysia/Vietnam told VOV reporters at the APEC Economic Leaders' Week 2017.

 

Link

 

07 Nov

 

Vietnam's Prime Minister met with PwC's Global Chairman

 

Vietnam's Prime Minister met with a number of top global organisations attending the Vietnam Business Summit 2017, including Robert E. (Bob) Moritz - Global Chairman of PwC.

 

Link

 

07 Nov

 

Dinh Thi Quynh Van commended the success of Vietnam Business Summit 2017

 

Speaking with VTV's Business Finance News at the Vietnam Business Summit 2017, Dinh Thi Quynh Van - General Director of PwC Vietnam applauded the success of the Summit and shared her expectations for future business opportunities between Vietnamese and foreign companies. 

 

Link

 

07 Nov

 

Dinh Thi Quynh Van at Vietnam Business Summit: Vietnam is a leading emerging market

 

Dinh Thi Quynh Van was a guest speaker at the Vietnam Business Summit, one of the main events at the 2017 APEC Economic Leaders' Week. She shared PwC's report 'Spotlight on Viet Nam', which explores the many positive potentials of the country. Read more on CafeF.

 

Link

 

06 Nov

 

Dinh Thi Quynh Van: Strategies to win in Vietnam

 

As Vietnam continues to expand into a regional and global powerhouse, more and more businesses will decide to enter the market. Dinh Thi Quynh Van covers the key issues a firm must analyse before doing business in Vietnam in Vietnam Investment Review's special publication for APEC Vietnam 2017.

 

Link

 

06 Nov

 

Johnathan Ooi: Accurate valuations are key to luring FDI

 

"Valuation matters because it is the base on which foreign businesses will decide how much they are willing to fork out for their investment", Johnathan Ooi - PwC Vietnam's Deals Partner addressed the importance of valuation to attracting foreign investment on Vietnam Investment Review.

 

Link

 

04 Nov

 

Grant Dennis: How to grow a sustainable business in Vietnam

 

"A sustainable company will concentrate on two main objectives. First, their contributions must bring long-term concrete impact. Second, these activities must be in line with the company's strategic agenda," said Grant Dennis, Consulting Leader on Thoi bao Kinh te Viet Nam (Vietnam Economic Times).

 

Link

 

29 Oct

 

Succession strategy in family businesses

 

Consulting Leader Grant Dennis was a guest expert in a CEO - Key to Success episode focusing on succession strategy in family businesses. He shared his advice on when family businesses should start planning for the next generation of leaders, what factors they should consider, and whether it is advisable to bring in non-family talent to run the business. 

 

Link

(Source: VTV.vn)

 

26 Oct

 

Grant Dennis: Still many opportunities for luxury hotels 

 

In an interview with Saigon Times' Real Estate Market publication, Grant Dennis - Consulting Leader said that luxury hotels for tourists and businesspeople still have lots of opportunities for growth in Vietnam in the coming time.

 

Link

 

19 Oct

 

Johnathan Ooi: Vietnam companies should focus on core capabilities to attract foreign investment

 

"Vietnamese companies should restructure their business, simplify the organisation, and focus on core capabilities to better attract foreign strategic investors", said Johnathan Ooi, PwC Vietnam's Deals Partner at the 'Spotlight on Viet Nam' launch.

 

Link

 

19 Oct

 

Vietnam to become next outsourcing hotspot

 

"In the past decade, Vietnam has usually been known as a cheap production base for garments, textiles, and electronics parts. These activities provide no added value to the company and the country, while business process outsourcing does. The next generation of well-trained workers and better infrastructure can bring Vietnam up to higher-value-added outsourcing services,” said Dinh Thi Quynh Van, General Director of PwC Vietnam at the launch of PwC's 'Spotlight on Viet Nam' report.

 

Link

 

18 Oct

 

Vietnam is still a potential market without the advantage of low labour costs

 

Speaking with FBNC channel at the 'Spotlight on Viet Nam' media briefing, Dinh Thi Quynh Van - General Director and Grant Dennis - Consulting Leader shared their thoughts on the changing workforce and Vietnam's appeal to foreign investors.

 

Link

(Source: FBNC)

 

18 Oct

 

Grant Dennis: Vietnamese companies must have a ‘fit-for-growth’ approach

 

“In today’s volatile environment, the winners will be companies with an adaptive mindset that can position themselves strategically for the long haul by focusing on a few capabilities that differentiate them in the marketplace,” said Grant Dennis, PwC Vietnam’s Consulting Leader.

 

Link

 

23 Oct

 

Next generation of risk-weighted assets requires swift actions

 

Implementing the next generation of risk-weighted assets is no easy task yet banks must tackle it head-on, said Martin Neisen - PwC's Global Basel IV Leader and Dinh Hong Hanh - PwC Vietnam's Financial Services Consulting Director at a workshop with Vietnamese banks. Read more on Vietnam Investment Review. 

 

Link

 

20 Oct

 

Issues in raising capital for women entrepreneurs

 

On the occasion of Vietnamese Women's Day, General Director Dinh Thi Quynh Van sat down for an interview with VTV's Business Finance News. She talked about a PwC study on the success of women entrepreneurs in crowdfunding and addressed some challenges that women entrepreneurs should overcome to raise capital.

 

Link

 

15 Oct

 

Importance of trust in family business succession

 

Assurance Partner Nguyen Hoang Nam made another appearance as guest expert on VTV1's CEO - Key to Success. This time, he shared his views about the importance of trust when family businesses transitions from one generation to another. He also discussed ways to ensure a balance of control and freedom for the next generation as they execute new business ideas.

 

Link

(Source: VTV.vn)

 

01 Oct

 

Should family businesses hire non-family CFOs?

 

Should family businesses hire non-family CFOs in a move to professionalise their finance functions? Or should this key position be kept in the family? Find out more in the CEO - Chia khoa thanh cong episode featuring Nguyen Phi Lan - Assurance Partner of PwC Vietnam.

 

Link

(Source: VTV.vn)

 

26 Sep

 

Robert Trong Tran interviewed on why cyber attacks are on the rise

 

Director of Cyber Security and Privacy Services was interviewed by VTV's Business Finance News . He talked about why cyber attacks are on the rise globally and why these pose serious business risks to organisations. Robert also gave advice on what Vietnamese businesses should do to deal with cyber threats.

 

Link

 

22 Sep

 

Nguyen Thanh Trung commented on the proposed changes to the Capital Assignment Profits Tax regulations

 

Talking with VTV's Business Finance News, PwC Vietnam's Tax Partner Nguyen Thanh Trung shared his comments on the proposed changes to the Capital Assignment Profits Tax regulations.

 

Link

 

09 Sep

 

PwC Vietnam organises cyber security competition for students

 

PwC Vietnam has successfully organised a cyber security competition for undergraduate students titled ‘HackaDay 2017’ in both Hanoi and HCMC, with an aim to raise cyber security awareness among Vietnamese youth and nurture young talents in information technology.

 

Link

 

07 Sep

 

Dinh Thi Quynh Van addresses taxation of cross-border online business

 

"Taxation of cross-border services is a difficult issue for all countries, not just Vietnam. Verification of tax evasions needs to be done on a case-by-case basis and according to current laws, not by judgements or suspicions", Dinh Thi Quynh Van - General Director of PwC Vietnam said in an interview with CafeF.

 

Link

 

06 Sep

 

Industry 4.0 and the issue of personal income tax evasion

 

Talking with the online news site CafeF, PwC Vietnam's General Director Dinh Thi Quynh Van said that individuals are responsible for the self-declaration and payment of personal income tax, and Industry 4.0 does not necessarily give rise to tax evasions by Vietnamese tech engineers who earn millions of dollars. Read the interview to find out more.

 

Link

 

03 Sep

 

Should family businesses choose strategic partnership or organic growth?

 

PwC Vietnam's Assurance Partner Nguyen Hoang Nam joined Sunhouse Group Chairman Nguyen Xuan Phu as guest experts in the 'CEO - Chia khoa thanh cong' episode on 3 September 2017. The two experts shared their thoughts on whether family businesses should pursue organic growth or seek strategic partnerships once they have reached a mature stage of development. 

 

Link

 

28 Aug

 

Nghiem Hoang Lan comments on MoF's proposal to amend capital assignment profits tax regulations

 

The Ministry of Finance has proposed changes to regulations governing the capital assignment profits tax (CAPT), which is expected to affect cross-border mergers and acquisitions. Speaking with Vietnam Investment Review, Tax Director Nghiem Hoang Lan shared some of her observations on this tax and the draft amendments.

 

Link

 

24 Aug

 

Applying International Financial Reporting Standards: Where to start?

 

"The first-time adoption of IFRS is not at all easy, especially when businesses have to collect and analyse historical financial information. This poses challenges to the human resources and IT systems that support the transition to IFRS", wrote Hoang Tuan Linh - Assurance Manager in an article on Dau tu Chung khoan.

 

Link

 

22 Aug 

 

PwC to advise BIC on developing its KPI system

 

PwC Vietnam and BIDV Insurance Corporation (BIC) have kicked off a project to develop BIC's Key Performance Indicator (KPI) system. Speaking at the kick-off ceremony, PwC Vietnam's Consulting Partner Grant Dennis said that PwC is committed to employing all available resources to make the project a success.

 

Link

 

20 Aug

 

Relationships and shared assets in family businesses

 

How can family businesses encourage fair and transparent use of shared assets when this is often complicated by the family ownership structure? PwC Vietnam's Assurance Partner Quach Thanh Chau and CEO of Bita's Do Long shared some tips on this issue with "CEO - Chia khoa thanh cong" audiences.

 

Link

 

09 Aug

 

Dinh Thi Quynh Van interviewed on the benefits of electronic invoicing

 

General Director Dinh Thi Quynh Van joined an interview with VITV's Finance - Tax programme to discuss the increased use of electronic invoices in both businesses and government authorities. She shared her thoughts on the various benefits of e-invoicing, including its role in curbing tax evasion.

 

Link

 

24 Jul

 

Transforming corporate governance: Where to start?

 

"...in order to have an efficient corporate governance system and processes, the first priority is to set up a strong, competent and balanced board of directors consisting of executives and non-executives, independent and non-independent members", Hoang Hung - Vietnam Market Leader at PwC Vietnam said in an interview for Dau tu Chung khoan newspaper's special issue to mark the 10th Vietnam Annual Report Awards (ARA).

 

Link

 

23 Jul

 

The issue of divestment and ownership in family businesses

 

If some family members no longer want to be part of their family business, should the leadership team try to convince them to stay in order to preserve the family's ownership and control rights? Or should they let go and find outsiders to fill the vacated positions? Hoang Hung - PwC Vietnam Market Leader and Le Vinh Son - Chairman of Son Ha Group shared their thoughts on this issue on 'CEO - Chia khoa thanh cong' programme.

 

Link

 

12 Jul

 

Hoang Hung shares family business insights with VTV's Business Finance News

 

Vietnam Market Leader Hoang Hung joined a one-on-one interview with VTV's Business Finance News (Bản tin Tài chính Kinh doanh), sharing insights from PwC's family business surveys and offered recommendations on succession planning and professionalisation. Watch the interview to learn more.

 

Link

 

11 Jul

 

How organisations can protect themselves from cyber attacks

 

Robert Trong Tran - Cyber Security and Privacy Director was interviewed by VITV's Startup 360 programme where he gave tips on how organisations can protect themselves from cyber incidents following the recent waves of 'Petya' and 'WannaCry' attacks.

 

Link

 

09 Jul

 

Should family businesses recruit non-family board members?

 

Many family businesses in Vietnam are debating whether or not to recruit non-family board members, since there are both benefits and risks associated with this move. So how should they decide? Hoang Hung - PwC Vietnam Partner gave several tips about this issue in the "CEO - Chia khoa thanh cong" episode dated 9 July 2017.

 

Link

 

07 Jul

 

VietinBank Insurance cooperates with PwC on IT consulting project

 

VietinBank Insurance (VBI) and PwC Việt Nam signed an agreement on strategic IT consulting on 5 July 2017. Accordingly, PwC will deploy a consulting package that includes modelling future IT systems, building a development plan, implementing advanced IT solutions in the next five years and evaluating the maturity level of IT security at VBI.

 

Link

 

03 Jul

 

Lessons for cyber security crisis management from Petya malware attack

 

"According to PwC's analysis of cyber attacks on businesses, those who have a Cyber Crisis Management plan and perform exercises and checks for different types of cyber incidents will be able to minimise the damage incurred, unlike those who are unprepared," Robert Trong Tran - Cyber Security and Privacy Director wrote in article on Dau tu Chung khoan.

 

Link

 

26 Jun

 

Upgrading accounting standards: benefits and challenges

 

"If companies, particularly listed companies, choose to use IFRS for their financial reporting, it would give investors more ease in comparing with other listed companies in the region and the world. Of course, this is not an easy task," PwC Vietnam's Assurance Director Luong Thi Anh Tuyet wrote in an article on the benefits and challenges of upgrading Vietnam's accounting standards.

 

Link

 

25 Jun

 

Dinh Thi Quynh Van discusses CEO succession planning in family businesses

 

Transferring the business to the next generation is something that most family business leaders will have to deal with. When selecting a successor, should they look for technical or management capabilities? This was the central question of the 'CEO - Chia khoa thanh cong' episode featuring PwC Vietnam General Director Dinh Thi Quynh Van and Chairman of Phu Thai Group Pham Dinh Doan.

 

Link

 

24 Jun

 

Succession and professionalisation in family businesses

 

The most common risk factor leading to the failure of a family business is the succession process. Meanwhile, family businesses also need to professionalise their operations. What is the link between succession and professionalisation? Pham Dinh Doan - Chairman of the Vietnam Enterprise and Family Council and Hoang Hung - PwC Vietnam Partner recently discussed this issue on Dien dan Doanh nghiep newspaper.

 

Link

 

11 Jun

 

Dao Thi Thien Huong discusses growth strategies for family businesses (CEO - Key to Success)

 

At some point in their development, family businesses with diversified operations will face a common question: whether to continue their current business structure or turn into a parent/subsidiary model. Partner of Business Restructuring Services Dao Thi Thien Huong shared her views on this issue on the talk show 'CEO - Chia khoa thanh cong'.

 

Link

 

 

05 Jun

 

Bright long-term prospects for Asia’s new rising star

 

Since the introduction of the Doi moi policy in the late 1980s, Vietnam has been one of the strongest-growing economies in the world – and looks to build on these reforms to continue sustainably growing far into the future. John Hawksworth, Chief Economist at PwC, delves into the key success factors that will propel Vietnam to 2050 and beyond.

 

Link

 

31 May

 

Private sector is the key driver of Vietnam's growth

 

John Hawksworth, chief economist for PricewaterhouseCoopers in the UK (PwC UK), recently came to Vietnam to attend an APEC-related meeting as speaker. The Saigon Times Daily spoke with him about his views on Vietnamese and global economies.

 

Link

 

25 May

 

Addressing security risks from Internet of Things

 

Robert Trong Tran, Director of Cyber Security and Privacy Services at PwC Vietnam, discussed how organisations can protect themselves against security vulnerabilities in the Internet of Things (IoT). Read more on Vietnam Economic Times.

 

Link

 

23 May

 

Cyber-attacks have become a fact of life

 

The WannaCry ransomware has infected more than 300,000 devices in over 150 countries worldwide. This massive attack has pointed to the need for all organisations to take a formal approach to counter similar possible attacks in the future. Read on Vietnam Investment Review to see what advice our Director of Cyber Security and Data Privacy Services – Robert Trong Tran gave to organisations.

 

Link

 

14 May

 

Dinh Thi Quynh Van talks upper restructuring in family businesses

 

"Should companies combine the Chairman and CEO roles?" This is a question asked by many businesses, however big or small their size. General Director Dinh Thi Quynh Van was recently a guest on VTV1's talk show CEO - Chia khoa thanh cong to give her views on this issue alongside family business CEOs. Rewatch the episode dated 14 May to learn more. 

 

Link

 

11 May

 

Setting up internal audit within listed companies: Not that hard

 

"...for many listed companies in Vietnam, internal audit is still a new concept. And there are a lot of concerns over how to set up and run this business function in a cost-efficient manner, and in time to comply with the new law," Risk Assurance Director Xavier Potier wrote in a new article on Vietnam Investment Review. Read to find out more.

 

Link

 

01 May

 

Dinh Thi Quynh Van: Work-life balance is a priority at PwC Vietnam

 

"At PwC Vietnam, we always prioritise work-life balance for our employees", shared our General Director Dinh Thi Quynh Van about the Flex+ Programme in order to create a flexible, professional and productive working environment. Read more on Dau tu Chung khoan.

 

Link

 

28 Apr

 

Nguyen My Hanh - IT Risk Assurance Director interview: Importance of technology to internal audit (FBNC)

 

How important is technology to the internal audit function in businesses? To answer this, PwC Vietnam's IT Risk Assurance Director Nguyen My Hanh recently joined an interview with FBNC on the sidelines of the "Internal Audit Transformation" workshop held by TeamMate (Wolters Kluwer) and PwC Vietnam. 

 

Link

 

15 Apr

 

Robert Trong Tran: Cyber insurance is the main financial protection for enterprises

 

According to Robert Trong Tran, Director of Cyber Security Services at PwC Vietnam, while cyber defense is the main protection against hackers, cyber insurance is the main financial protection for enterprises, as it can enable them to swiftly recover operations after being compromised. Read more on Vietnam Economic Times.

 

Link

 

12 Apr

 

Joseph Vu on PwC's global transfer pricing podcast series

 

On this episode, transfer pricing specialist Joseph Vu discussed Vietnam’s recent transfer pricing decree and its impact on businesses operating in Vietnam. This decree is a major development of Vietnam’s transfer pricing regulations for the last 10 years in terms of transfer pricing enforcement and compliance. The new transfer pricing decree replaces the existing transfer pricing regulations and provides new compliance requirements.

 

Link

 

03 Apr

 

Accurate understanding of internal audit's function as third line of defence

 

Commenting on the current state of internal audit in Vietnam, PwC Vietnam partner Hoang Hung said, "Internal audit is mainly implemented in large-scale companies with complex and risky operations... In fact, this function is not being carried out systematically and internal auditors are not yet familiar with the latest internal audit requirements and practices." 

 

Link

 

20 Mar

 

Xavier Potier highlights importance of risk-based internal auditing

 

As the banking industry moves towards Basel II and seeks foreign capital for growth, it is high time that Vietnamese banks adopted the risk-based method for internal auditing. Xavier Potier, director of Risk Assurance Services at PwC Vietnam, shared his thoughts on the issue with Vietnam Investment Review.

 

Link

 

15 Mar

 

Joseph Vu talks new transfer pricing decree on VITV

 

"Decree 20 is a huge milestone in Vietnam's transfer pricing administration. It's also very timely in that it aligns with Vietnam’s economic landscape, development and investment trends", Tax - Transfer Pricing Director Joseph Vu said in an interview with VITV channel. Watch to find out more about the new  Decree No. 20 “Providing tax administration applicable to enterprises having controlled transactions”.

 

Link

 

12 Mar

 

New transfer pricing decree: a step closer to international standards

 

In late February 2017, the Vietnamese government released the new transfer pricing Decree No. 20 ‘Providing tax administration applicable to enterprises having controlled transactions’, which will take effect from May 2017. According to Tax partner Nguyen Huong Giang, Decree 20 represents the most important development of the transfer pricing regime in Vietnam for the last 10 years, as it demonstrates Vietnam’s commitment to align with the global tax framework (BEPS) on transparency and anti-avoidance.

 

Link

 

09 Mar

 

Dinh Thi Quynh Van: Tax incentives can help attract both local and foreign investment

 

"Tax incentives are a perfectly acceptable way of attracting both local and foreign investment and have a host of positive knock-on effects", said General Director Dinh Thi Quynh Van in a recent article on the Vietnam Economic Times. Read to find out more about the available tax incentives and their possible impacts on investors' decision making.

 

Link

 

24 Feb

 

Shareholders should have a greater say when selecting an independent auditor

 

As the season of annual general meetings nears, Dau tu Chung khoan newspaper interviewed Assurance partner Tran Hong Kien on the role of auditors in ensuring the transparency of financial reports. Kien emphasised the need for shareholders to have a greater say when their company selects an independent auditor as this is key to improving the quality of financial reports and thus, the protection of shareholders' rights

.

Link

 

22 Feb

 

Bank restructuring and settling bad debts: We need to be more critical

 

The State Bank of Vietnam is drafting a special law to boost bank restructuring and settle bad debts, which would remove all the obstacles in the existing legal regulations. In a recent interview on Vietnam Investment Review, partner of Business Restructuring Services Dao Thi Thien Huong shared her thoughts on the restructuring of banks and settlement of bad debts in Vietnam, and provided ideas and recommendations to speed up this process.

 

Link

 

14 Feb

 

Dinh Thi Quynh Van interview: World in 2050 report & Vietnam's economic outlook

 

General Director Dinh Thi Quynh Van joined an interview with Vnews (Vietnam News Agency TV) to discuss PwC's newly-published "World in 2050" report and the outlook for Vietnam's economy. She shared the report's findings on Vietnam's growth potential and gave her thoughts on the economic reforms needed to realise this potential.

 

Link

 

13 Feb

 

 IFRS 15 - What should Vietnamese businesses be aware of?

 

IFRS 15 will become effective for the annual period beginning on or after 1 January 2018. According to Assurance Partner Tran Hong Kien, while IFRS 15 is not compulsory for businesses in Vietnam, getting to know IFRS 15 will help local entities familiarise  with additional areas being considered by the Vietnamese authorities in future guidance of revenue recognition in Vietnam.

 

Link

 

10 Feb

 

The need to professionalise family businesses

 

Many family businesses in Vietnam have thrived to become leading private business groups and contributed significantly to the economy. However, family businesses are facing challenges in professionalising their operations while implementing a succession plan. PwC Vietnam partner Hoang Duc Hung joined an in-depth interview with Dien dan Doanh nghiep newspaper on this matter.

 

Link

 

06 Jan

 

Dinh Thi Quynh Van shares her views on 2017 business outlook


 

In an article published on the New Year issue of Vietnam Economic Times, General Director Dinh Thi Quynh Van wrote about the 2017 outlook for Vietnamese businesses. Drawing on the latest APEC CEO Survey results and her observations at the APEC CEO Summit in Peru late last year, Quynh Van pointed out the main issues facing local market players in a global economy marked by competition and protectionism. She also gave her advice on how regulators and businesses could work together to rise above the challenges and succeed.

 

Link

 

DATE

 

TITLE

 

DESCRIPTION

 

DOWNLOAD

 

23 Dec

 

Tran Quoc Dung: Fintech has a big opportunity to change consumers' spending behaviour

 

Speaking with Nikkei Asian Review, Consulting partner Tran Quoc Dung said that "Fintech has a big opportunity to change Vietnamese consumers' spending behaviour, as those opening bank accounts and paying by card are growing". Read more on how fintech companies are driving cashless retail payments in Vietnam.

 

Link

 

20 Dec

 

Nguyen Hoang Nam on bank restructuring: five-year review & prospects to come

 

"It is obvious that the bank restructuring process will be carried out more thoroughly in the next phase, building on the positive outcomes of previous efforts. However, we should be more vigorous in carrying out proposed restructuring solutions to effectively solve the remaining challenges", Assurance partner Nguyen Hoang Nam wrote on Vietnam Investment Review. 

 

Link

 

18 Dec

 

Consulting partner Tran Quoc Dung on future of fintech in Vietnam

 

Consulting partner Tran Quoc Dung forecasts that fintech will grow thanks to increased investments, particularly from venture capitalists. This would contribute to the wide-spread presence of fintech in the future. Watch more in this start-up focus story on VTV1.

 

Link

 

16 Dec

 

Dinh Thi Quynh Van discusses FTAs on Vietnam Financial Times' talk show

 

General Director Dinh Thi Quynh Van was a guest in the inaugural episode of Vietnam Financial Times' online talk show "Tai chinh va Cuoc song". She was joined by Mr. Nguyen Van Phung - Head of the Large Taxpayers Office under the General Department of Taxation. The two tax experts shared their views on the impacts of tariff cuts under current and prospective free trade agreements (FTAs), and laid out some recommendations for businesses and the tax sector to reap the most benefits from FTAs.

 

Link

 

12 Dec

 

Robert Trong Tran - Cyber security director on cyber threats along the supply chain

 

"As Vietnam's economy becomes more open and domestic manufacturers get involved more deeply in the global supply chain, they might miss out on many business opportunities if they don't take cyber crime seriously", said Director of Cyber Security Services Robert Trong Tran in a recent article on Nhip cau Dau tu.

 

Link

 

05 Dec

 

Tran Quoc Dung - Consulting partner discusses fintech's benefits and competitiveness (VITV)

 

In VITV's recent Banking Magazine programme, Consulting partner Tran Quoc Dung commented on the benefits of fintech for consumers and the economy as a whole, as well as gave his take on how fintech might challenge traditional banks.

 

Link

 

28 Nov

 

Cyber security Director Robert Trong Tran discusses cyber crime in banking

 

Cyber crime is a growing concern for society at large and the banking sector in particular, as evident in the increasing frequency of attacks on personal bank accounts in Vietnam recently. With an aim to explore this issue and the cyber security measures of Vietnamese organisations, Vietnam Financial Times has conducted an interview with PwC Vietnam's Cyber security Director Robert Trong Tran.

 

Link

 

15 Nov

 

Time to strike

 

Director of Deals/Strategy Nguyen Luong Hien shared his insights on Vietnam Economic Times regarding Vietnam's growing start-up scene and investment prospects. He stated that it's now the time to get involved in this ecosystem, as tech start-ups are poised to grow fast thanks to the relentless efforts from the government and other important stakeholders. Read to find out more.

 

Link

 

04 Nov

 

Joseph Vu discusses draft transfer pricing decree on Vietnam Financial Times

 

Director of Tax - Transfer Pricing Joseph Vu was recently interviewed by the Vietnam Financial Times (Thời báo Tài chính Việt Nam) on the Ministry of Finance's draft transfer pricing decree. He shared his thoughts about how the transfer pricing decree will create a more solid legal basis for transfer pricing administration and be in line with the changes in the transparency and anti-tax avoidance efforts. Read to find out more.

 

Link

 

16 Oct

 

Dinh Thi Quynh Van joins VITV's talk show on state-owned enterprise (SOE) equitisation

 

Our General Director Dinh Thi Quynh Van joined VITV's recent talk show "Dialogue" to discuss the progress of SOE equitisation in Vietnam and solutions to move this endeavour forward.

 

Link

 

07 Oct

 

Nguyen Luong Hien discusses fintech landscape in Vietnam

 

Financial services tech startups (fintech) have become the rising stars of Vietnam's startup community, especially after Standard Chartered and Goldman Sachs invested in local fintech MoMo. Nguyen Luong Hien, Director of PwC Vietnam’s Deals Strategy Services, talked to Dau tu Chung khoan about the prospects and challenges when investing in fintech in Vietnam. 

 

Link

 

21 Sep

 

PwC Legal Partner Nasir Dao - PKM Abdul discusses Vietnam's M&A scene (VITV)

 

Merger and acquisition (M&A) activities have been quite exciting in the past few years, resulting in increased investment from both domestic and foreign companies. PwC Legal Vietnam partner Nasir Dao - PKM Abdul recently joined an interview with VITV channel to discuss the current M&A scene, future M&A prospects as well as measures to ensure successful deals.

 

Link

 

16 Sep

 

Coordinated defense against cybercriminals

 

The cyber incidents that have taken place since the beginning of 2016 could have been prevented if threat intelligence had been actively shared between organisations. Robert Trong Tran, Director of Cybersecurity Services penned an article on Vietnam Economic Times about the importance of sharing threat intelligence in the global war against cybercriminals.

 

Link

 

15 Aug

 

Robert Trong Tran discusses current state of cyber security (VITV)

 

Recent cyber attacks on Vietnamese organisations and several studies have indicated that Vietnam is a rising hot spot for cyber crime. Cyber Security Director Robert Trong Tran was recently interviewed by VITV on the current state of cyber security and steps that all organisations in general and banks in particular should take to prepare for potential future attacks.

 

Link

 

04 Aug

 

Robert Trong Tran: Vietnamese organisations increasingly vulnerable to hackers

 

Vietnam is a rising hot spot for cyber-criminals, as business and financial transactions are becoming increasingly reliant on the Internet. The Vietnam Airlines cyber incident in late July 2016 was another warning shot, reminding us that we can never neglect cybersecurity. Robert Trong Tran, Director of Cyber Security Services at PwC Vietnam, talked to VIR about the rising threat of cybercrimes for Vietnamese organisations in the near future.

 

Link

 

27 Jul

 

Dinh Thi Quynh Van comments on late tax payment (VITV)

 

In the latest edition of VITV's Finance - Tax programme, our General Director Dinh Thi Quynh Van discussed measures to relieve the financial burdens of late tax payment on both businesses and the State budget. These include the reduction of late payment interest to 0.03% per day since 1 July 2016 and tax debt forgiveness for companies on the verge of bankruptcy.

 

Link

 

09 Jul

 

PwC Vietnam supports VCCI's 2016 Sustainable Business Ranking in Vietnam (VTV2)

 

In a programme titled "Businesses and Sustainable Development" on VTV2, our General Director Dinh Thi Quynh Van shared insights into global trends in sustainable development as well as the Corporate Sustainability Index (CSI). The CSI, with an initial set of sustainability indicators, has recently been introduced by the Vietnam Chamber of Commerce and Industry (VCCI) as a tool to rank the most sustainable companies and to promote sustainable development in Vietnam. 

 

Link

 

30 May

 

Putting Vietnam’s banks on the map

 

Although the local banking sector might be one step behind its regional peers, the formation of the ASEAN Economic Community has set the local industry on a definite path of committed changes that should prepare it for any upcoming challenges. Nguyen Hoang Nam, deputy general director of Assurance Services at PwC Vietnam, writes about how Vietnam can increase its visibility on the regional banking map.

 

Link

 

15 May

 

Xavier Potier discusses internal audit on Vietnam Securities Review

 

Internal audit can help businesses protect themselves against risks. However, its importance is very often undermined by Vietnamese companies. That is set to change with a number of new laws and decrees governing internal audit. Our Risk Assurance Director Xavier Potier joined an interview with Vietnam Securities Review to share his views on the Ministry of Finance's draft decree on internal audit, and its potential impacts on internal audit operations in Vietnam's listed companies.

 

Link

 

05 May

 

Dinh Thi Quynh Van: "Businesses should join forces to raise competitiveness"

 

In an interview with the Vietnam Economic Times, Dinh Thi Quynh Van stated that many Vietnamese enterprises fail to be competitive because of their small scale. Therefore, businesses should join forces to raise the competitiveness of the whole business community as Vietnam's economic integration intensifies.

 

Link

 

23 Apr

 

Robert Trong Tran discusses cybersecurity on HanoiTV

 

Our Cybersecurity Senior Manager Robert Trong Tran shared his insight into the rising threats of cybercrime across the world and in Vietnam, and examined the potential consequences on businesses, such as disruption and loss of customer trust. He urged Vietnamese companies to spend more attention and resources on strengthening their cybersecurity, giving concrete advice on how to do so.

 

Link

 

04 Apr

 

Stephen Gaskill & Nguyen Luong Hien examine FTA implications for textile sector

 

In an article on Vietnam Investment Review 4 April, our Deputy General Director Stephen Gaskill  and Associate Director of  Strategy-Deals Nguyen Luong Hien dissected the implications of free trade agreements (FTAs) like TPP and EVFTA on Vietnam's textile sector. They shed light on the current state of the sector and urgent tasks that local manufacturers need to tackle to overcome the hurdles and reap the benefits brought about by these modern FTAs. 

 

Link

 

30 Mar

 

Ivan Pham underlines role of internal audit in listed companies

 

Our Risk Consulting Director - Ivan Pham joined and spoke at the workshop "The role of Internal Audit in listed companies" organised by Ho Chi Minh Stock Exchange (HOSE), Smart Train Training Centre and PwC Vietnam. As an expert in risk and forensics consulting with many years of experience, Ivan Pham noticed the trend of Vietnam businesses paying high attention to internal audit in recent years. He also emphasised the role of internal audit in detecting errors or fraud and improving the weaknesses of the management system. 

 

Link

 

28 Mar

 

Nguyen Hoang Nam comments on bad debt trading on VITV

 

The State Bank of Vietnam's draft decree on bad debt trading was the focus of a recent Banking Magazine episode on VITV. In this episode, our Assurance Partner Nguyen Hoang Nam argued for the establishment of a bad debt trading floor and increased responsibilities of asset management companies. He also pointed out the need for transparent guidelines in the bad debt market, so that buyers and sellers can meet and trade most effectively.

 

Link

 

26 Mar

 

Nguyen Hoang Nam discusses Circular 200/2014/TT-BTC on VITV 

 

Our Assurance Partner Nguyen Hoang Nam was interviewed by VITV on the practical issues surrounding Circular No. 200/2014/TT-BTC, which provides guidance on the Vietnamese Corporate Accounting System. He commented on the difficulties that enterprises face when implementing the circular, and how it could be revised to be on par with international standards. Hear what Nam and other experts from the MoF, SSC, VACPA as well as other audit firms have to say about this topic.

 

Link

 

21 Mar

 

PwC beefs up security for rising threat of cybercrime

 

According to PwC's Global State of Information Security® Survey 2016, around 45% of boards now have a cybersecurity strategy. Corporate cybercrime has seen double-digit growth over the last 5 years. Our Senior Manager in Cyber Security services - Robert Trong Tran gave insights into the survey results and introduced the dedicated cybersecurity team at PwC Vietnam. Read more on Vietnam Investment Review.

 

Link

 

18 Mar

 

Vietcombank & PwC kick off Fraud Risk Management Framework project

 

On 18 March 2016, Vietcombank and PwC Vietnam held a kick off ceremony for Fraud Risk Management Framework project. After this project, Vietcombank is expected to apply this framework comprehensively.

 

Link

 

06 Mar

 

Our General Director, Dinh Thi Quynh Van discussed tax policies for Vietnamese businesses on VITV

 

Dialogue is a weekly TV magazine that brings businesses, economists and policy makers together to discuss topical issues in Vietnam's economy. In this week's episode, our General Director Quynh Van joined two other guests to share her views on the taxes, fees and charges that Vietnamese private businesses face.

 

Link

 

21 Jan

 

Our General Director, Dinh Thi Quynh Van, on VTV1 - Vietnam's business environment & growth prospects in 2016

 

PwC Vietnam's General Director Dinh Thi Quynh Van was interviewed by national television broadcaster VTV1 for their prime time newscast on 21 January. She commented on positive changes in Vietnam's business environment and macro-economic stability, and how they might affect investor confidence.

 

Link

 

03 Jan

 

Nguyen Viet Thinh, PwC Advisor: "Few Vietnamese enterprises have a holistic view of CSR and sustainability"

 

In the era of economic integration, corporate social responsibility is essential to provide organisations a competitive edge. It is also a critical factor for foreign companies when making investment decision. 

 

Link

 

DATE

 

TITLE

 

DESCRIPTION

 

DOWNLOAD

 

22 Dec

 

PwC Vietnam commends tax administration reforms, suggests further amendments

 

A PwC Vietnam’s representative highly valued the Government’s, the Ministry of Finance’s, the General Department of Taxation and The Social Welfare Vietnam’s effort in promoting the reforms of tax administration procedures. However, to be able to accomplish the goals of Resolution 19/NQ-CP (2015), PwC Vietnam recommended studying an appropriate amount of value added tax which will lead to reduction in time, cost and effort for businesses. 

 

Link

 

14 Dec

 

DIV awards consulting contract to PwC Vietnam

 

The Deposit Insurance of Vietnam (DIV) on December 14 signed a contract with PricewaterhouseCoopers Co Ltd (PwC) to provide consulting in connection with the Financial Sector Modernization and Information Management System (FSMIMS) project. 

 

Link

 

09 Dec

 

PwC Vietnam provides consulting services for risk-weighted asset management at VietinBank

 

PwC Vietnam has become the provider of consulting services to risk weighted asset (RWA) management in accordance with Basel II at VietinBank. A kick-off meeting and contract signing ceremony took place in Hanoi on 9 December 2015, under the witness of representatives from the State Bank of Vietnam (SBV) and the Bank of Tokyo-Mitsubishi UFJ (BTMU).

 

Link

 

27 Nov

 

First independent assurance for Vietnamese sustainability report

 

PwC Vietnam and Vietnam’s largest insurance company Bao Viet Holdings have just inked a contract wherein the former will provide sustainability assurance services for the financial-insurance giant.

 

 

Link

 

15 Oct

 

Xavier Potier speaks about Risk Management – A focus on Risk Assessment at an event organised by CRIF

 

Our Risk Assurance Director, Xavier Potier talks about Risk Management - A practical approach in a discussion about Risk Management organised by CRIF, the first and unique community of professionals in Compliance, Risk, Internal Control, and Financial Crime areas in Vietnam. In his sharing, Xavier talks about why Risk Management a hot topic now in Vietnam and what Vietnamese companies are doing to address their risks. 

 

Link

 

24 Sep

 

Signing ceremony between PwC Vietnam & Public Procurement Agency: transaction advice for the eGovernment procurement PPP project 

 

During the project, PwC Vietnam will support PPA to select a suitable, qualified supplier to develop the eGovernment procurement (eGP) system which will enhance the national procurement system and provide the Government with experience in implementing PPP contracts. Our team will be further supported by LeadCo Legal Vietnam. 

 

Link

 

24 Sep

 

MIC & PwC Vietnam signing an agreement on organisational structure development & strategic KPI consulting for period 2015-2020 with a vision to 2050

 

Based on the agreement, PwC Vietnam will advise Military Insurance Corporation (MIC) on building an appropriate organizational structure in order to support MIC’s strategic development. PwC Vietnam will also support MIC in developing an efficient performance measurement (KPI) using a balance scorecard in consideration of measuring and evaluating operation effeciency for individual, departments and the company in overall. 

 

Link

 

21 Sep

 

Signing ceremony between BID Vietnam and PwC Vietnam: Consulting services to define new operating model for BID Vietnam 

 

BID Vietnam signed the contracts with JCM and PwC Vietnam for the comprehensive cooperation in construction investment and consulting services to define new operating model. PwC Vietnam will provide a package of three services: Corporate restructuring, Administration, Business Restructuring Services, Management control & leadership competency management. 

 

Link

 

17 Sep

 

'Circular 202: The significant impact' by Pham Thi Xuan Mai in The Saigon Times

 

On December 22, 2014, the Ministry of Finance issues Circular No. 202/2014/TT-BTC on the making of consolidated financial statements. According to the Circular, each independent enterprise shall include a certain number of items in its own financial statement. This Circular will be effective from 5 February 2015 and will apply for financial year starting from 1 January 2015. Read the article by our Assurance Director, Pham Thi Xuan Mai to get insightful knowledge about the significant documents issued recently.

 

Link

 

07 Sep

 

'M&A to boost Vietnam-Japan strategic partnership' by Stephen Gaskill and Nguyen Luong Hien in the Vietnam Economic Times

 

Despite the existence of these difficulties in doing business in Vietnam and the threats posed by the recent global economic trends, our PwC experts - Stephen Gaskill and Nguyen Luong Hien believe that M&A is still one of the most effective and rapid ways by which a Japanese company that is eager to tap into Vietnam’s dynamic business landscape can gain access to the market. 

 

Link

 

18 Aug

 

Dinh Thi Quynh Van on SCTV 8 - VITV discussing Circular 96/2015/TT-BTC

 

PwC Vietnam's General Director Dinh Thi Quynh Van was in an interview with VITV - Finance & Tax program on 12 August to discuss several queries on Circular 96/2015/TT-BTC applications and its impacts on corporate tax.

 

Link

 

15 Aug

 

 'Failing on most fronts' by Stephen Gaskill and Nguyen Luong Hien in the Vietnam Economic Times

 

Our Advisory Partner Stephen Gaskill and Associate Director Nguyen Luong Hien discussed the Vietnam's higher education market in the Vietnam Economic Times - August issue. While this sector is still struggling to prepare its students for the requirements of their future employers, it is recently selected as the most promising industry for future investment. 

 

Link

 

09 Aug

 

VITV interview with Dinh Thi Quynh Van on human resources topics

 

This program is a series of talk show with the involvement of different educational institutes and businesses discussing different aspects of Vietnam's current human resources quality and management situation. In this episode, Quynh Van shared some information about recruitment information at PwC Vietnam such as the number of fresh graduate recruitment each year, recruitment criteria and majors.

 

Link

 

06 Aug

 

Ong Tiong Hooi on VTV4 - BizLine program discussing M&A trends in Vietnam

 

Our Partner of Transaction Services Ong Tiong Hooi was featured in an interview on VTV4 - BizLine program on Saturday, 8 August. In the discussion Tiong Hooi shared his insights into the M&A trends since the beginning of the year, benefits and trade-offs, impact of law and policy updates, etc. The 30-minute program covered his studio talk together with some short theme-supporting clips.

 

Link

 

16 Jul

 

Nguyen Viet Thinh on SCTV8 - VITV: Epicenter Programme

 

Our Consulting Director, Nguyen Viet Thinh was in an interview with VITV yesterday sharing his expertise about how the sustainable development reports are critical to businesses. During the interview he discussed 4 benefits for a business to develop sustainability reporting, 3 obstacles for Vietnamese business to overcome and several recommendations from PwC Vietnam.

 

Link

 

07 Jul

 

'Changing face of insurance' - Nguyen Hoang Nam in the Vietnam Economic Times

 

Our Assurance partner, Nguyen Hoang Nam continued his series on Vietnam's insurance market in the Vietnam Economic Times this month. In this article, Nam mentioned the recent PwC report called “Insurance 2020 and Beyond: Necessity is the Mother of Reinvention” which concluded that the pace of change in the global insurance industry is occurring more rapidly than could have been envisaged and the industry is at a pivotal juncture as it grapples with changing customer behaviour, new technologies, and new distribution and business models.

 

Link

 

19 Jun

 

Vu Thi Le Lan on Investment Review for her participation in TV show "CEO - Key to Success"

 

Our People & Change Associate Director, Vu Thi Le Lan participated in a direct debate with the contestants (CEOs from Kinh Ðô Corporation and Ba Cây Chổi JSC) on one of the most popular game shows "CEO - Chia Khoa Thanh Cong" (CEO - Key to Success). During the show, Lan shared her view on how to resolve conflicts between current and newly recruited employees. The program was also featured on Investment Review. The article further addressed the issue of SMEs recruiting new talent while retaining long term employees.

 

Link

 

12 Jun

 

'In finer fettle' by Stephen Gaskill and Nguyen Luong Hien on Vietnam Economic Times

 

The Vietnam's healthcare sector, while catering to basic needs, must move to the next level and provide top quality care at all facilities - Stephen Gaskill and Nguyen Luong Hien shared. In this article, both authors said that the Vietnam's healthcare system is facing tremendous challenges such as overcrowded hospitals and poor quality of care. Also, they discuss about new opportunities foreseen in this healthcare sector, for instance, new hospitals, healthcare products, evolution of regulations relating to importing or domestic production of pharmaceutical products as well as the new opportunity in relation to the private health insurance sector. Read the print article on Vietnam Economic Times to have an insightful of the challenges and new opportunities that the Vietnam's health sector is facing.

 

Link

 

05 Jun

 

Nguyen Hoang Nam, Assurance Partner, was interviewed by Investment & Securities newspaper about Circular 200

 

Nguyen Hoang Nam , Assurance partner, continued to share expert knowledge about Circular 200 in an article "Financial reporting under Circular 200, more substantial profits" in the Investment & Securities newspaper. This is an interview type of article in which Nam shared thoughts on key changes to financial reporting that will effect businesses' income and expenses under this new circular.

 

Link

 

27 May

 

"It's inefficient for the local tax department to conduct transfer pricing audit" by Dinh Thi Quynh Van on BizLIVE

 

In an interview with BizLIVE recently, Dinh Thi Quynh Van, Partner/ General Director of PwC Vietnam shared her insights into why in developed countries, there is no transfer pricing inspector/specialist at local level and local tax departments are not involved in transfer pricing audit as well. She stated, "Transfer pricing is not a science, so you can't require an accuracy".

 

Link

 

25 May

 

'Paving the way for insurance growth' by Nguyen Hoang Nam on Vietnam Investment Review

 

The liberalisation of Vietnam’s insurance market began on December 18, 1993 with Decree No100/CP issued by the prime minister. Since then, the country’s insurance sector has recorded extraordinary growth. According to our Assurance partner, Nguyen Hoang Nam, the insurance market in Vietnam is still seen as a promising market in both the medium and long term despite a number of challenges that insurance players in the market are facing. Read what he has to say about life and non-life insurance segments in Vietnam.

 

Link

 

11 May

 

'Changing legal landscape for foreign firms' by Veera Maenpaa on Vietnam Investment Review 

 

Our Senior Lawyer, Veera Maenpaa discussed the major legislative change in Vietnam - the Law on Investment and Law on Enterprises which take effect on 1 July 2015. They will transform the legislative landscape in Vietnam and touch upon the question of what constitutes an foreign invested enterprise (FIE).

 

Link

 

24 Apr

 

Jimmy Sng discussed IT Security on Dau tu and VIR

 

Following a suite of recent activities and media presence in cooperation between PwC Vietnam Technology Services team and Jimmy Sng - PwC Singapore partner, leader of the Cybersecurity Consulting in South East Asia, Jimmy continues discussing IT Security topic with advice on actions companies should take to protect themselves from increasing cybercrime.

 

Link

 

09 Apr

 

Pham Thi Xuan Mai on The Saigon Times "Circular 200: It is not just about accounting"

 

Our Assurance Director, Pham Thi Xuan Mai contributed an article on in The Saigon Times about the new Circular 200 which provides guidance on Vietnamese Corporate Accounting System. Issued on 22 December 2014 by the Ministry of Finance, the circular is to replace Decision 15 and Circular 244. According to Mai, it will remarkably affect enterprises' financial reports and other financial indices of interest to business owners, investors and financial analysts.

 

Link

 

23 Mar

 

Nguyen Viet Thinh joined SSC's conference and discussed draft Decree to amend and supplement Decree 58/2012/NĐ-CP

 

Nguyet Viet Thinh, our Advisory Director shared his opinions in the conference organised by State Securities Commission of Vietnam (SSC) on 20 March 2015 in HCMC. The conference gathered expert views of a number of specialists from different sectors to discuss the draft Decree 58/2012/NĐ-CP which provides guidelines for implementation of a number of Articles of the Law on Securities and the Amended Law on Securities. The conference focused on the requirements to IPO by foreign invested institutes  and other listing requirements. 

 

Link

 

06 Mar

 

49% of female millennial is much more likely to believe she can reach the very top levels with her current employer, particularly those just starting their careers 

 

PwC International’s new survey has proved that the female millennial is much more confident and ambitious than any of their counterparts. The result dispels myths about women and work.

 

Link

 

04 Mar

 

"Grabbing the opportunity via business plans" - an interview with Dinh Thi Quynh Van on Dau Tu newspaper 

 

In an interview with Dau Tu on 4 March 2015, our General Director, Dinh Thi Quynh Van said the business environment in Vietnam needs to meet the investors' requirements in order to transfer the predictions into actual business and investment plans. The interview follows the key results released from PwC's 18th Annual Global CEO survey launched recently in February.

 

Link

 

11 Feb

 

Vietnam is projected to become world’s 22nd largest economy by 2050: PwC 

 

Vietnam is projected to become the 22nd largest economy in purchasing power parity (PPP) terms in 2050 according to PwC. The Southeast Asian country, along with Nigeria and the Philippines, are the “notable risers” in the global GDP rankings in the long term, reflecting relatively high projected average growth rates of around 4.5-5.5 percent per annum over the period to 2050.

 

Link

 

06 Feb

 

Quach Thanh Chau shared his expert view at 'Solutions for stock market improvement 2015" by State Securities Commission of Vietnam 

 

On 6 February 2015, our Assurance partner, Quach Thanh Chau attended the "Solutions for stock market improvement" conference organised by State Securities Commission of Vietnam (SSC) and shared his expert view on 3 major areas of financial reporting: transparency and information publishing, business administration, internal audit.

 

Link

 

04 Feb

 

Vietnam, a steady star in the ASEAN region by Nguyen Luong Hien, Associate Director, Deals - Strategy and Stephen Gaskill, Partner – Advisory, PwC Vietnam

 

Among the ASEAN economies, Vietnam is one to watch in the near term. Despite global economic uncertainty, foreign investors remain optimistic about the ASEAN region’s prospects; and within ASEAN, Vietnam has proven an attractive destination for direct investment (FDI) in recent years because of its strong growth and young population. As more foreign manufacturers move their manufacturing hubs to Vietnam because of affordable labour costs compared to Thailand or China, this is a window of opportunity for the country to attract a bigger slice of the global manufacturing pie. To keep the momentum going, economic, banking and state-owned enterprise (SOE) reforms will be needed to instill greater confidence among both local and overseas investors.

 

Link

 

05 Jan

 

For safety and growth

 

Nguyen Hoang Nam, Assurance Partner shared his views on the Circular 36/2014/TT-NHNN issue on Vietnam Economic Times. According to Nam, Circular 36 is seen to meet the market expectations in order to strengthen the quality of banking operation through setting and monitoring important prudential ratios applicable for banking operation.

 

Link

 

DATE

 

TITLE

 

DESCRIPTION

 

DOWNLOAD

 

28 Dec

 

Nguyen Viet Thinh on VTC 1 talk show themed Vietnam businesses with sustainable development strategy 

 

On 28/12/2014, VTC1 channel broadcast the program on Vietnam business together with the Sustainable Development Strategy. The speakers includes Mr. Nguyen Quang Vinh, VBCSD (Vietnam Business Council for Sustainable Development) General Secretary and Mr. Nguyen Viet Thinh, Director of Consulting Services of PwC Vietnam.

 

Link

 

17 Dec

 

Why do businesses need sustainability reporting?

 

"The objective of governance is to ensure that information provided in sustainable development report is sufficient, accurate and reliable.", said Nguyen Viet Thinh, Advisory Director on Dau tu Chung khoan.

 

Link

 

15 Dec

 

Ease of customs boosted by new laws

 

As the new Law on Customs will become effective on January 1, 2015, the Ministry of Finance and the General Department of Customs are drafting circulars. Article by Nguyen Hong Son, PwC Vietnam's customs specialist on Vietnam Investment Review.

 

Link

 

10 Dec

 

Bankruptcy Law in 2014 - Both creditors and borrowers are beneficial

 

In an interview with Vietnam Financial Times, Dao Thi Thien Huong - our Advisory Director shared her expert view on the new Bankruptcy Law 2014 (effective from 1 Jan 2015) and answered several queries regarding this new law.

 

Link

 

07 Dec

 

Our FS Advisory Director, Dinh Hong Hanh on VITV - Epicenter Programme

 

Dinh Hong Hanh emphasized the intrinsic link between Basel II application and risk management in banks. Watch her sharing on VITV - Epicenter programe, one of the key programmes on topical issues of Vietnamese economy. (1:30 - 3:00)

 

Link

 

29 Nov

 

Our General Director, Dinh Thi Quynh Van on VITV - Finance & Tax Weekend Programme 

 

Quynh Van shared her expertise in administrative reform in insurance together with other experts in the field. (13:38 - 14:03)

 

Link

 

04 Nov

 

Tax agents' role not to be disregarded

 

Our General Director - Dinh Thi Quynh Van, along with Madam Nguyen Thi Cuc - Chairwoman of Vietnam Tax Consultants' Association (VTCA), was featured on Thoi Bao Tai Chinh (Financial Times) to comment on the importance of tax agents.

 

Link

 

30 Sep

 

Dinh Hong Hanh (our FS Advisory Director) appeared in Vietnamese Economy News program 'Economy Parameter' on Vietnam News Agency Television

 

She shared her views about the importance of implementing Basel II in Vietnamese banking system.

 

Link

 

15 Sep

 

Business registration unification remains a question in draft LOI

 

Veera Mäenpää, senior associate, PwC Legal, Ho Chi Minh City looks at the current draft Law on Investment and notes the easing and tightening of registration procedures for foreign-invested companies evident in the various drafts so far released for discussion.

 

Link

 

12 Sep

 

Matt Gulbis is featured in “World Transfer Pricing 2015”

 

In the latest International Tax Review’s supplement 'World Transfer Pricing 2015', PwC Vietnam is listed in the Tier 1 group of the leading firms in the transfer pricing area. The publication also quoted Richard Irwin, Tax partner and highlighted our Transfer Pricing director, Matt Gulbis's leading role in the growth of the firm's transfer pricing practice.

 

Link

 

08 Sep

 

Metro Cash & Carry withdrew from Vietnam

 

In an interview with Dau Tu newspaper, our General Director, Dinh Thi Quynh Van shared her expert view about a topical issue: Metro Cash & Carry withdrew from Vietnam - Who does the tax liability belong to? Read the article to find the answer...

 

Link

 

05 Sep

 

Dinh Thi Quynh Van - 2014 Vietnamese Distinguished Entrepreneur - 20 years' mark of pride

 

Our General Director, Dinh Thi Quynh Van is proudly listed in Vietnam Investment Review's Golden list of Vietnamese Distinguished Entrepreneur 2014. She is also nominated as one of the representative female leaders in the foreign invested enterprise (FIE) sector by Forbes Vietnam.

 

Link

 

18 Aug

 

PwC poised for further growth in Vietnam

 

After 20 years of building partnership and creating value for its clients and government institutions, with a wide range of quality services, PwC is a success story in Vietnam and well prepared for further achievements in this key emerging market for the firm.

 

Link

 

14 Aug

 

PwC Vietnam - A 20 years journey

 

Over the past 20 years, PwC has grown into one of the biggest professional service firms in Vietnam making significant contributions to the development of Vietnam’s independent auditing and tax consulting service industries.

 

Link

 

14 Aug

 

Vietnam was ranked 3rd in the region for the attractiveness in banking market

 

Mr. David Hovenden, Executive Director, PwC Strategy& in Southeast Asia has had a short visit to Vietnam. In the little time, David Hovenden was interviewed by TBTCVN reporters about the banking system in Vietnam.

 

Link

 

05 Aug

 

Companies should take periodic "health checks"

 

Ms. Dao Thi Thien Huong, Director of Business Restructuring Services of PwC Vietnam, shares experience on "health checks" and resilience building for companies.

 

Link

 

03 Mar

 

Business restructuring needed before bankruptcy

 

A noticeable idea from Dao Thi Thien Huong, Director of Business Restructuring and Corporate Finance Services, PwC Vietnam, in contribution to developing the drafted Law on Bankruptcy. Read more.

 

Link

 

27 Feb

 

Turnaround Director - who are you?

 

Article by Dao Thi Thien Huong, Director of Business Restructuring and Corporate Finance Services, PwC Vietnam, on the turnaround director of an enterprise. Read more.

 

Link

 

Feb

 

Formal APA regs released

 

The Ministry of Finance (MoF) recently released Circular 201/2013/TT-BTC (Circular 201) providing formal guidance on the APA programme, including the APA framework, governance, process, roles, responsibilities and mutual expectations for taxpayers and the Vietnamese authorities in applying for, negotiating and executing APAs. Read more.

 

Link

 

DATE

 

TITLE

 

DESCRIPTION

 

DOWNLOAD

 

17 Dec

 

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.

 

Link

 

21 Oct

 

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.

 

Link

 

30 Sep

 

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.

 

Link

 

23 Aug

 

Michael Szczepanski talked at Vietnam CEO Summit 2013 (VITV)

 

Growth through innovation is the solution for Vietnam's enterprises. 

 

Link

 

30 Jul

 

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.

 

Link

 

29 Jul

 

Sustainable Development Report: Taking the first steps

 

"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...

 

Link

 

08 Jul

 

BIDV upgrades IT system

 

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...

 

Link

 

01 Jul

 

PwC urges firms to embrace ERM

 

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...

 

Link

 

Jun

 

ERM – transforming the organisation to become more agile and risk resilient(

 

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...

 

Link

 

Jun

 

Actively involved

 

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.

 

Link

 

Apr

 

PwC Vietnam honoured with Prime Minister’s Certificate of Merit for its Achievements in Building & Developing Tax Consulting Service Market in Vietnam

 

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.

 

Link

 

Get in touch

Vu Thi Thu Nguyet
Manager, Marketing and Communications
Tel: +84 24 3946 2246, ext. 4690
Email

Follow us