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IFRS 9 is not on radar for local banks

IFRS 9 is not on radar for local banks

The introduction of International Financial Reporting Standards (IFRS) 9, effective from January 1, 2018, marks one of the most significant accounting changes that banks are facing today.

Local firms learn the importance of cyber security

Local firms learn the importance of cyber security

Vietnamese firms, especially those in the financial sector, should step up their security immediately to combat Wanna Decryptor and other, more sophisticated cyber attacks in the future. Will Nguyen, head of Cybersecurity, KPMG Vietnam & Cambodia shared his views with VIR’s Nam Phuong.

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KPMG Vietnam professionals available for short-term secondments through OnDemand

KPMG Vietnam professionals available for short-term secondments through OnDemand

KPMG – one of the Big4 and the leading firm in audit and professional services – announces today that it will be launching a new service to provide corporations and organisations access to highly trained professionals for short-term secondments.

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Basel II big chance for banking M&As

Basel II big chance for banking M&As

As the foreign ownership cap gets lifted, Vietnamese banks can attract significant overseas capital if bad debts are tackled and lenders adopt Basel II standards. Tran Dinh Vinh, partner and head of Financial Services at KPMG, shared his thoughts on the matter with VIR’s Nam Phuong.

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Central Vietnam: A third investor hub

Central Vietnam: A third investor hub

Central Vietnam has emerged as the third-most attractive investment destination for both domestic and foreign investors after Vietnam’s two hubs of Hanoi and Ho Chi Minh City

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New decree to thwart BEPS practices

New decree to thwart BEPS practices

2017 marks a critical turning point in transfer pricing-related practices in Vietnam.

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KPMG International survey details what really matters to online shoppers

KPMG International survey details what really matters to online shoppers

Understanding and keeping pace with what drives people to shop and buy online is critical to succeeding in the digital world.

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Tax reform and transfer pricing

Tax reform and transfer pricing

The year 2016 marked a major watershed regarding transfer pricing in Vietnam, with regulations now having been in effect for a decade, and the announcement of a new round of tax reforms by the Ministry of Finance (MoF) introducing regulatory changes to tackle base erosion profit shifting practices.

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KPMG: now is the time for consulting to have impact

KPMG: now is the time for consulting to have impact

Leading audit, tax, and advisory service provider KPMG has just appointed Ross Macallister as the new managing director and head of Consulting Services at KPMG Vietnam.

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Encouraging Vietnam’s influx of foreign investment

Encouraging Vietnam’s influx of foreign investment

Whilst Vietnam has made considerable progress in enhancing its business and investment environment in recent years to magnetise foreign investors, the country is still lagging behind its regional peers in terms of competitiveness.

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KPMG Vietnam launches Marketplace service

KPMG Vietnam launches Marketplace service

KPMG, one of the Big4 and the leading firm in audit and professional services, announced today that it will be launching a new service to provide corporations and organisations access to highly trained professionals for short-term secondments.

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US trade and investment will not hinge on ratification of the TPP

US trade and investment will not hinge on ratification of the TPP

Vietnam and the US are increasing co-operation in all aspects, especially in trade and investment, and will foster this co-operation with or without the Trans-Pacific Partnership agreement.

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KPMG putting people first

KPMG putting people first

Over the past 20 years, KPMG in Vietnam has expanded from a small auditing and accounting firm to become one of the largest professional services providers in the country

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TPP to make positive impacts on Vietnam’s stock market

TPP to make positive impacts on Vietnam’s stock market

The good impact of the Trans-Pacific Partnership is going to spill over to stocks of companies in other industries, not just stocks of companies in direct beneficiary sectors such as textiles, footwear and fisheries.

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Launch of KPMG NEXT programme for Vietnamese entrepreneurs

Launch of KPMG NEXT programme for Vietnamese entrepreneurs

Today, KPMG in Vietnam - one of the leading “Big 4” professional services firms – and the Centre for Support and Development of Vietnamese Young Entrepreneurs announced the launch of KPMG NEXT, a unique programme designed to fast track Vietnamese private businesses and entrepreneurs.

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New lease accounting standard brings added transparency to the balance sheet, says KPMG

New lease accounting standard brings added transparency to the balance sheet, says KPMG

The new lease accounting standard published today by the International Accounting Standards Board (IASB) brings added transparency to the balance sheet, according to KPMG International.

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