pwc global experts discuss the future of banking

PwC global experts discuss the future of banking

“Banks will need to be on the cutting edge of technology and make sure that customers’ needs are ingrained in every offering,” PwC’s global financial services leader John Garvey advised local bank leaders at “The Future of Banking” event held by PwC Consulting Vietnam in Hanoi today (March 6, 2019).
digital banking the way forward

Digital banking: The way forward

Technology solutions are transforming every aspect of life, lining up a plethora of services readily available at the swipe of a finger – and banking and finance is a hotbed of such innovation. Do Danh Thanh, technology consulting director at PwC Consulting Vietnam, told VIR’s Hoang Anh how digital banking is an inevitable trend that puts pressure on banks all over the world to transform their traditional operating models.
improving disclosure quality

Improving disclosure quality

Environmental, social, and governance (ESG) reporting is becoming more and more mainstream for companies, and investors expect transparent information about ESG issues. However, there is often a gap between what companies disclose and what investors really want to know.
embracing new internal audit standards in banks

Embracing new internal audit standards in banks

Circular No.13/2018/TT-NHNN, along with international practices in internal audit (IA) and risk management (RM), creates many challenges for IA functions at banks. However, it is also an opportunity for bank leaders to better understand the importance of this function. VIR interviewed Xavier Potier, risk assurance director, and Mai Tran Bao Anh, financial services assurance senior manager at PwC Vietnam, to find out more.
conversion of vas financial statements to ifrs among vietnamese firms

Conversion of VAS financial statements to IFRS among Vietnamese firms

Auditing firm PwC Vietnam recently organised two workshops in Ho Chi Minh City and Hanoi to help more Vietnamese companies reach international financial reporting standards and comply with the roadmap of the Ministry of Finance.
work still to do for public companies

Work still to do for public companies

A new study has uncovered worrying trends on the ­operation of Vietnamese businesses over the past four years.
banks prepare for ifrs 9 standards

Banks prepare for IFRS 9 standards

PwC Vietnam and SAS Malaysia last week held workshops in Hanoi and Ho Chi Minh City to support Vietnamese banks in preparing for the implementation of International Financial Reporting Standards (IFRS) 9.
sustaining vietnams position in the region

Sustaining Vietnam’s position in the region

As a speaker at the Vietnam Business Summit 2018, PwC Vietnam’s general director Dinh Thi Quynh Van said that in order to grow sustainably and improve their position in the region, businesses in Vietnam need to actively strengthen their capabilities across three areas: technology, talent, and governance.
time to act for the future of asean

Time to act for the future of ASEAN

" In order to offset the risk emanating from the rising dependence on external partners, intra-ASEAN trade needs to be enhanced by strengthening regional co-operation."
four out of five executives report blockchain initiatives underway

Four out of five executives report blockchain initiatives underway

84 per cent of executives surveyed by PwC report blockchain initiatives underway, while 15 per cent are fully live.
harnessing the power of data by visualisation

Harnessing the power of data by visualisation

As business leaders get a better understanding of the concept of big data, data-driven decisions are now beginning to replace the traditional “gut instinct” approach. Today, data visualisation is considered an effective way for decision makers to obtain actionable insights in a timely manner by analysing vast amounts of business data.
pwc vietnam promotes it audit knowledge among university students

PwC Vietnam promotes IT audit knowledge among university students

With the aim to help university students broaden their knowledge and career opportunities in IT auditing, PwC Vietnam Cybersecurity Ltd. in collaboration with REMANN Co., Ltd., the University of Economics-Law (UEL), and the University of Economics Ho Chi Minh City (UEH) have recently organised a scholarship programme focusing on the “Basic principles in IT audit for finance and credit organisations.” 
unlocking the power of data

Unlocking the power of data

Data plays a crucial role in today’s digital age. However, organisations have not yet extracted great insights from data. Only 0.5 per cent of all data produced is ever analysed and used in any given year.
pwc leads professional services sector in global brand index

PwC leads professional services sector in Global Brand Index

PwC increases its position amongst the world’s strongest and most valuable brands.
pwc vietnam signed mou with smart train

PwC Vietnam signed MoU with Smart Train

PwC Vietnam and Smart Train have signed a memorandum of understanding (MoU) to take their partnership to the next level.