SBV restructures huge bad debts

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VietNam News English 7 day(s) ago 3 related news

SBV restructures huge bad debts

Non-performing loans (NPLs) of commercial banks were estimated at VND137.1 trillion (US$6.53 billion) by the end of April, accounting for 4.67 per cent of total loans, according to data from the State Bank of Viet Nam (SBV).

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Tax hassles need to end: EuroCham

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Báo Đầu Tư English 2 week(s) ago 1 related news

Tax hassles need to end: EuroCham

The European business community in Vietnam is urgently asking the government address tax and auditing troubles to improve the nation’s slowly recovering business climate.

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Survey condemns quality of companies' financial reports

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VietNam News English 2 week(s) ago

The evaluation of the quality of the financial statements of companies depends heavily on auditing firms but auditors are not responsible for fraud of companies and they have little ability to prevent swindling.

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New financial commander in chief has tough job

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Báo Đầu Tư English 3 week(s) ago

New financial commander in chief has tough job

Soon after being approved by the National Assembly as Vietnam’s new Minister of Finance last week, former State General Auditor Dinh Tien Dung outlines the future challenges of his new position to VIR’s Ngoc Doanh.

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FBI probes trading as KPMG quits Herbalife, Skechers audits

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Báo Tuổi Trẻ English 2 month(s) ago

FBI probes trading as KPMG quits Herbalife, Skechers audits

In a blow to one of the world's largest accounting firms, KPMG said it resigned as auditor of two U.S. corporations amid an FBI investigation into insider trading allegations involving leaked information and a former senior partner.

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Downtown apartments not allowed to be split

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SaigonTimes English 2 month(s) ago

HCMC – Apartments at existing projects in the downtown area will not be allowed to be divided into smaller ones or change their use purposes, according to a proposal of the HCMC Department of Construction.

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Vietnam News Agency to strengthen ties with State Audit

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VietNam News English 2 month(s) ago

The State Audit of Viet Nam should continue to create favourable conditions for the Vietnam News Agency and its underlying units to access information in the fastest manner possible in order to communicate news in an effective way.

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PwC deploys core banking solutions at VietinBank

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SaigonTimes English 2 month(s) ago

HANOI – Vietnam Commercial Bank for Industry and Trade (VietinBank) picked PwC Vietnam Co. Ltd. as the provider of core banking solutions through an agreement signed in Hanoi on Monday.

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City firms to require 70,000 workers in Q2

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VietNam News English 2 month(s) ago

HCM City companies will need 70,000 workers in the second quarter, up from 50,309 in the first, according to the Centre for Forecasting Manpower Needs and Labour Market Information.

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Vietnam asks RoK to share inspection, auditing experience

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VietnamPlus English 2 month(s) ago

Government General Inspector Huynh Phong Tranh asked the Republic of Korea ’s Board of Audit and Inspection (BAI) to share its experience in inspection and auditing, during a working session on March 28.

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Securities firms to apply separate accounting

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VietNam News English 3 month(s) ago

The State Securities Commission is building a separate accounting standard to be applied to securities companies.

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Vietnam State Audit delegation visits Laos

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VietnamPlus English 3 month(s) ago 1 duplicate news

Vietnam State Audit delegation visits Laos

A delegation from the State Audit of Vietnam led by Deputy State Auditor General Le Minh Khai is in Laos for a working visit from March 19-23.

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Accounting and Auditing Strategy passed

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Báo điện tử CP English 3 month(s) ago 1 duplicate news

VGP – PM Nguyen Tan Dung has ratified the Accounting and Auditing Strategy by 2020 with a vision towards 2030 in a bid to build up a full legal framework based on latest practice of international accounting and auditing.

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Japan seeks business, investment projects

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VietNam News English 3 month(s) ago

A business delegation from Kobe, Japan visited the southern province of Ba Ria-Vung Tau yesterday to seek business and investment opportunities.

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Ernst &Young: Economy moves towards growth

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Báo Tuổi Trẻ English 3 month(s) ago 3 related news

Ernst &Young: Economy moves towards growth

Auditing firm Ernst & Young predicts in its forecast about rapid-growth markets that economic activity in Vietnam remains subdued but is set to pick up this year and in 2014.

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