As Vietnam companies gradually approach global norms and standards in professionalism and transparency, raising corporate governance capacity has become an essential requirement for all business leaders. Both the directors and senior management teams need to keep themselves updated with comprehensive knowledge as well as an understanding of the best practices in corporate governance, management accounting, financial accounting, and risk control.

As the world’s leading provider of auditing and consulting services, PwC regularly contributes expert advice at major events and specialised seminars in corporate governance, finance, risk, cyber security, etc. In addition, PwC has also collaborated with state management bodies in building legal frameworks, laws and decrees, contributing many crucial initiatives to enhance corporate governance and improve the quality in accounting, financial management, risk management, auditing and internal auditing. Hoang Duc Hung, Partner and Vietnam Markets Leader at PwC Vietnam said: “The partnership between PwC Vietnam and Smart Train plays an important role in creating more opportunities and an environment for interactions among businesses, and between enterprises and leading experts in the PwC network”.

Speaking at the MoU signing ceremony, Pham Ngoc Hoang Thanh, Managing Director of Smart Train said: “By organising seminars and conferences with practical topics, we would like to create a hub for information sharing, professional traning and the exchange of expertise between local and international professionals in governance, accounting and auditing on one side, and the board of directors and management team of companies on the other side”.

At the signing ceremony, Le Thi Tuyet Nhung, Deputy Head of Accounting and Auditing Regulations Department - Ministry of Finance, said that it is essential to raise the awareness and compliance of businesses with the requirements and regulations of state management bodies in governance, finance, accounting, auditing, risk and control. The collaboration of professional firms such as PwC and Smart Train will contribute to promoting awareness in the business community, business leaders and support the regulatory agencies in managing and facilitating business.