Conversion of VAS financial statements to IFRS among Vietnamese firms

Conversion of VAS financial statements to IFRS among Vietnamese firms

PwC Vietnam recently organised two workshops to help Vietnamese companies reach international financial reporting standards and comply with the MoF's roadmap.
SSC fines Haxaco and Phuong Nam for weak reporting

SSC fines Haxaco and Phuong Nam for weak reporting

SSC has just imposed fines of $2,654 and $10,619 on Haxaco)—a local dealer of Mercedes—and Phuong Nam Cultural JSC for incorrect reporting.
Landmark law to tackle money laundering

Landmark law to tackle money laundering

Vietnam has been cited for a number of years as being a destination for international money launderers. Now, a landmark local law is expected to have a noteworthy impact on cleaning up the dirty money problem. Tony Nguyen and Nguyen Nu Thuy Linh, attorneys at EPLegal take a closer look at the law’s potential benefits and shortcomings.
Better risk reporting needed

Better risk reporting needed

Better risk reporting can contribute to greater financial stability, but can never prevent business failure, according to the Institute of Chartered Accountants in England and Wales (ICAEW).