PwC in the news

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Latest media coverage

  • 15 August 2015: '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. Read full article here.

  • 6 August 2015: 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.

  • 7 July 2015: '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.

  • 19 June 2015: 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.

  • 12 June 2015: '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.

  • 27 May 2015: "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".

  • 25 May 2015: '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.

  • 22 May 2015: 'The healthcare sector faces major challenges' by Stephen Gaskill and Nguyen Luong Hien on Vietnam Economic Times
    With the Vietnamese healthcare spending reaching USD12 billion, up 13% vs. previous year and reaching 6.5% of Vietnam GDP, the industry has been among the fastest growing and most high potential sectors in Vietnam. Our Advisory partner Stephen Gaskill and associate director Nguyen Luong Hien analysed the healthcare industry statistics to find out the tremendous challenges the healthcare system is facing such as as overcrowded hospitals and poor quality of care. However they also stated that there are plenty of business opportunities in the upcoming years given the fact that Vietnam desires to modernise its healthcare system.

  • 11 May 2015: '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).

  • 09 April 2015: 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.

  • 06 March 2015: 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.

  • 04 March 2015: "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.

  • 11 February 2015: 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.

  • 6 February 2015: 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.

  • 4 February 2015: 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.

  • 5 January 2015: 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.

 

2014

2013

  • 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)