PwC report: Time needed to implement IFRS 17 has increased

PwC report: Time needed to implement IFRS 17 has increased

PwC’s IFRS 17 Health Check Survey 2021: Asia-Pacific shows fewer respondents think they can fully implement the reporting standard by the effective date.
Managing the challenges in internal audit in accordance with Decree 05

Managing the challenges in internal audit in accordance with Decree 05

Three months after the end of the transitional provisions of Decree No.05/2019/ND-CP on April 1, enterprises covered by the decree have implemented internal audit functions and gradually improved their internal audit work.
Upskilling for growth – Vietnam angle

Upskilling for growth – Vietnam angle

In recent years, the world has seen technology develop at an unprecedented pace. Coupled with the ongoing pandemic, this acceleration in digital transformation is creating a skills imbalance unlike any we have seen before. In order for digital transformation to happen, upskilling needs to keep up at an even faster pace.
Navigating the transition from LIBOR

Navigating the transition from LIBOR

The transition from the London interbank offered rate to the risk-free rate will have a wide-ranging impact on banks globally. In the Asia-Pacific region, a significant number of banks will be affected by the transition as most floating rate loans are denominated in USD. Japanese yen loans also make up a significant portion of total exposures.
Focusing on compliance of social-led governance criteria

Focusing on compliance of social-led governance criteria

Environmental, social, and corporate governance (ESG) criteria are internationally seen as the foundation of long-term sustainable growth. Robust ESG initiatives could thus help companies access a larger pool of high-quality capital, especially from value
PwC survey featuring Vietnamese family businesses in COVID times

PwC survey featuring Vietnamese family businesses in COVID times

The first report on family businesses in Vietnam by PwC has uncovered how local family businesses are navigating the changing business and social environments.
Creating enabling environment for digital workers

Creating enabling environment for digital workers

With more than 20 years of experience in designing and implementing complex IT solutions and building a team of talented people for many businesses in digital transformation, Vo Tan Long, chief digital officer of PwC Consulting Vietnam, shared with VIR’s Hoang Oanh the key factor determining the success of human resources digital transformation.
High optimism on the future of work

High optimism on the future of work

Based on its recent public survey among Vietnamese people around technology, jobs, and skills against the backdrop of COVID-19, PwC has launched a Vietnam Digital Readiness report for the first time.
A strategic assessment for Vietnam’s adoption of IFRS

A strategic assessment for Vietnam’s adoption of IFRS

Companies that have benefited most are those that have looked at this as a chance to make improvements to their systems and processes and have used it as a focus for more efficient, punctual and meaningful internal and external financial information.
Stepping up internal audits for businesses

Stepping up internal audits for businesses

According to Decree No.05/2019/ND-CP dated January 22, 2019 on internal audit (IA), target groups have until April 1, 2021 to deploy the IA function.
Tomorrow’s deal dynamics for mergers and acquisitions

Tomorrow’s deal dynamics for mergers and acquisitions 1

Today’s economic environment is uncharted territory. The ways in which a business makes money in this new world will not necessarily be the same as before.
Getting to grips with digital change

Getting to grips with digital change

Human resources and an appropriate legal framework are seen as the backbone of the digital transformation, yet both remain limited. VIR’s Van Nguyen discussed with PwC Vietnam’s general director Dinh Thi Quynh Van possible solutions that could be implemented sooner rather than later.
PwC releases report on macro trends in financial services industry post-COVID-19

PwC releases report on macro trends in financial services industry post-COVID-19

PwC recently launched its latest report highlighting macro trends affecting the financial industry as a whole and their impacts on individual segments.
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