ACCA honours Prof. Dr Vuong Dinh Hue

The Association of Chartered Certified Accountants (ACCA)) has made him an honorary member – only the sixth time this award has been given since 1999. The presentation was made to Hue by ACCA president Dean Westcott on October 9.

“ACCA's Council took the decision in 1999 to award honorary membership to truly exceptional individuals who have played a pivotal role in the international development of the accountancy profession,” said Westcott.

“Hue has been playing an active role in supporting the accounting teaching and learning, committing part of his precious time to improve the workforce quality in finance and achieve the target of ‘internationalising’ the auditing manpower in Vietnam. He made an enormous contribution to lay the groundwork for partnership activities in sharing both local and international industry experience, with a particular emphasis on cooperation in governance, development of career ethics, technical reviews, knowledge updates and training.”

Huecontributed significantly and delivered achievements in discharging state audit’s mandates and duties. For five years he chaired as Auditor General – State Audit of Vietnam, he enabled to gain important prestige and greater trust as State Audit builds up a transparent, sound and sustained national finances, providing efficient contributions to national industrialisation and modernisation, and international integration.

On receiving his honorary membership, Hue said: “ I am delighted to accept this award. ACCA has been a strong supporter of the accounting and auditing profession in Vietnam.”

“The emerging markets have benefited from ACCA’s training and qualifications given to students. ACCA has provided technical assistance to Vietnam, including sending consultants to help develop laws and legislative regulations for the management of the accountancy and auditing career in Vietnam, organising professional workshops and knowledge update opportunities facilitated by international experts and industry professionals. We look forward to their continuing support in the challenges ahead,” he added.

Founded in 1904, ACCA is the global body for professional accountants, aiming to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

ACCA opened its representative office in Hochiminh City in 2002, making it the first international professional organisation having official presentation in Vietnam.

ACCA signed a Memorandum of Understanding with the Ministry of Finance for coordinated testing for public accountant certification in Hanoi in 2004. ACCA also signed a partnership deal with the State Audit in January 2009.

In recent years, ACCA students and members in Vietnam have rapidly increased, from 100 students and 11 members in early 2002 to more than 4,656 students and more than 450 members in Vietnam to date.