Top Accounting And Tax Companies in Vietnam

The accounting industry in Vietnam is a crucial sector that plays a vital role in supporting the country's economic growth and development. In this article, we will analyze the key statistics, factors, trends, challenges, and future outlook of the accounting industry in Vietnam.

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CompanyHeadcountContactDescriptionDecision Maker
CIMA1,300

SAM SUNG INC89 +65 6916 1260

NOBLE27 +65 6305 4888

Accountancy

BDO60,637 +65 6828 9118

BDO is the leading provider of professional services within the mid-tier of our profession. We are proud to deliver seamless client service, from 1658 offices in 167 countries, across the world. Our 91K+ professionals continuously transform our approach by embracing future-oriented technology and focusing on quality. Strategic decisions and investments made in recent years have further equipped the organisation with the global infrastructure and innovative solutions needed to deliver long-term value for our clients.As a purpose-driven organisation, we do better.

CROWE8,881 +65 800 778 7879

Crowe LLP is a public accounting, consulting, and technology firm with offices around the world. Crowe uses its deep industry expertise to provide audit services to public and private entities. The firm and its subsidiaries also help clients make smart decisions that lead to lasting value with its tax, advisory, and consulting services, helping businesses uncover hidden opportunities in the market – no matter what challenges the markets present. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.

FOO KON TAN228 +65 6336 3355

Foo Kon Tan LLP is one of Singapore’s most established and respected accountancy practices. We can trace our roots to 1968 when the original firm was founded and known as Foo, Kon & Tan. Over the years, a dynamic and inspirational leadership team changed the firm’s structure to provide a holistic one-stop business and advisory solution to discerning clients. Today, ‘Foo Kon Tan’ (FKT) is the brand name under which Foo Kon Tan LLP, Chartered Accountants of Singapore, and its associated companies provide a full range of assurance, tax and advisory services to help clients navigate the ever changing dynamics of the business and regulatory environments in the domestic as well as global markets. We are amongst the top 7 accountancy practices in Singapore.FKT people are inspired to work together and are proud to identify ourselves as dedicated professionals delivering a full range of services tailored to the needs of our clients. Proactive teams, led by approachable partners, use insights, experience and fresh perspective to understand complex issues faced by clients to help clients overcome challenges, find workable solutions and unlock opportunities. We are interested in our clients, their challenges and their growth ambitions. Instead of coming with ready-made answers, we listen, ask intelligent and at times tough and probing questions, and engage clients in a wider business discussion. Clients get personal, hands-on services from partners and senior people who have been and continue to be the hall mark of the FKT client experience.We are a principal member of HLB International, a network of independent professional accounting firms and business advisers.

MAZARS23,428 +65 6224 4022 ext. 1263

Mazars is an internationally integrated partnership, specialising in audit, accountancy, advisory, tax and legal services*. Operating in 95+ countries and territories around the world, we draw on the expertise of more than 47,000 professionals – 30,000+ in Mazars’ integrated partnership and 17,000+ via the Mazars North America Alliance – to assist clients of all sizes at every stage in their development.*Where permitted under applicable country laws

ALLAN HALL BUSINESS ADVISORS84 +61 2 9981 2300

Multi-award-winning Allan Hall Business Advisors is a firm of Chartered Accountants and specialist business advisors established on Sydney’s Northern Beaches in 1957. We are ranked in the highly regarded Australian Financial Review Top 100 Accounting firms.With nine Directors and around 90 staff, and satellite offices in Brisbane and Adelaide, we have grown to become one of the largest, non-CBD, integrated chartered accounting and business advisory firms in Australia.It is our in-depth shared knowledge and experience across all our accounting and business services that we offer, not just basic compliance tools.The Allan Hall way is one of mutual respect, an absolute client focus and a sense of community… and all while having a little fun along the way.While we have been proudly operating for over 60 years, we are not a firm that is stuck in the past. Our Chartered Accountants continually focus on working smarter, building lasting, value-added relationships and using the latest technology and work practices to help you maximise your business and financial success and realise your goals.

CPA AUSTRALIA1,344 +61 1300 737 373

Our core services to members include education, training, technical support and advocacy.Employees and members work together with local and international bodies to represent the views and concerns of the profession to governments, regulators, industries, academia and the general public.Our VisionOur goal is to partner with members, so they are prepared for today and tomorrow in a globally connected worldOur PurposeWe are partners for progress. Through trusted relationships we develop business professionals with tomorrow’s capabilities.WHAT IS A CPA?A Certified Practising Accountant (CPA) is a finance, accounting and business professional with a specific qualification. Being a CPA is a mark of high professional competence. It indicates a soundness in depth, breadth and quality of accountancy knowledge.CPAs are highly respected by employers and members. It provides members with an internationally recognised qualification as well as the opportunity to complete specialist training and continuing professional development (CPD).Find out more at cpaaustralia.com.au View our social media house rules www.cpaaustralia.com.au/terms/social-media-house-rules

I-GLOCAL69 +84 28 3827 8096

We are a Japanese consulting firm based in Vietnam which provide overall management consulting services to many Japanese companies for their investment in Vietnam.

RLB LLP237 +65 6339 1500

We know the relationship between a business owner and their accountant is a critical one and we would like to give you a sense of who we are and what we are all about. At RLB, People Count. As one of the largest regional accounting firms in South-western Ontario, we take pride in our ability to provide our clients with large firm resources and expertise while maintaining small town personal relationships and service. Our vision is to be the best regional accounting firm in Ontario. To achieve that vision, we embrace six core values that define how we treat each other and our clients:• Passion for Client Success• Respect for the Individual• Teamwork• Honesty and Integrity• Committed Community Partners• Continuous Learning and ImprovementWe look forward to serving you and sharing our expertise. To get in touch & start a conversation about how we can help, please visit: www.rlb.ca/contact-us

GRANT THORNTON UK LLP6,005 +65 6805 4110

What does business need now? An adviser that offers a different experience. A better experience. One that delivers technical expertise and a service that goes beyond. Personal, proactive, and agile. That’s Grant Thornton. We are the UK member firm of a global network that employs 58,000 people in 135 countries. We combine global scale with local insight and understanding to give you the assurance, tax, and advisory services you need to realise your ambitions.We go beyond business as usual, so you can too. We make business more personal by investing in building relationships. Whether you’re growing in one market or many, you consistently get a great service you can trust. We work at a pace that matters – yours – bringing both flexibility and rigour. We celebrate fresh thinking and diverse perspectives to bring you proactive insights and positive progress. Success tomorrow starts with making the right decisions today, which is why we match proactive insights to practical applications. Working closely with regulators, funders and standard setting bodies to help instil trust and integrity in markets. We’re committed to sustainable growth through positive progress. So, no matter the road ahead, you’re being guided by the right decisions.Going beyond to offer proactive insights, practical guidance, and positive progress.Ready to go beyond? Visit our website for insight on what we can offer you.

ERNST & YOUNG4,117 +65 6535 7777

审查企业会计报表,出具审计报告;验证企业资本,出具验资报告;办理企业合并、分立、清算事宜中的审计业务,出具有关报告;基本建设年度财务决算审计;代理记账;会计咨询、税务咨询、管理咨询、会计培训;法律、法规规定的其他业务。(市场主体依法自主选择经营项目,开展经营活动;依法须经批准的项目,经相关部门批准后依批准的内容开展经营活动;不得从事国家和本市产业政策禁止和限制类项目的经营活动。)

GRANT THORNTON LLP (US)13,968 +65 6805 4110

Forget what you think you know about professional services. We go beyond what’s expected and help others do the same.Grant Thornton is the U.S. member firm of Grant Thornton International Ltd, one of the world’s leading independent audit, tax and advisory firms. That means our network has more than 60,000 professionals in more than 135 countries who are ready to help public and private organizations of all sizes take on today’s challenges. But what sets us apart isn’t just what we do – it’s how we do it. Here, we believe in making business more personal and building trust into every result. We’re collaborators – obsessed with quality and ready for anything – who understand the value of strong relationships. It’s how we challenge the expectations of business and empower our people and clients to do it, too. One thing we won’t do? Grant Thornton LLP will never request money or any form of payment for services via social media. Please report any concerns at 1-800-810-3503.Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. Services are delivered by the member firms. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Please see grantthornton.com for further details.

RUSSELL BEDFORD KTC35 +84 24 7306 8788

Russell Bedford KTC (RBK) is a professional services firm committed to providing high quality audit and accounting services to our clients. At RBK, we are focusing on providing high value added services which bring to our client practical and cost-effective solutions to their business issues.RBK is a full member of Russell Bedford International with affiliated offices worldwide.RBK serve small and medium foreign invested enterprises, representative offices and not-for-profit organisations in Vietnam and the region. Vietnamese joint stock companies are growing in size and complexity and becoming our important clients.

KPMG227,087 +65 6213 3388

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We have 227,000 outstanding professionals working together to deliver value in 146 countries and territories. With a worldwide presence, KPMG continues to build on our successes thanks to clear vision, defined values and, above all, our people. Our industry focus helps KPMG firms’ professionals develop a rich understanding of clients businesses and the insight, skills and resources required to address industry-specific issues and opportunities.The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

ACCA4,208 +65 6734 8110

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants with over 200,000 fully-qualified members and 500,000 students worldwide - and theyre among the worlds best-qualified and most highly sought-after accountants. Our mission is to be a global leader in the profession by: - Providing opportunity and open access to people of ability wherever they are in the world- Supporting and promoting the highest ethical, governance and professional standards- Advancing the public interestFounded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. Through our public interest remit, we promote appropriate regulation of accounting, and conduct relevant research to ensure accountancy continues to grow in reputation and influence.In addition, we developed ACCA-X with edX (founded by Harvard University and the Massachusetts Institute of Technology) and Epigeum (part of Oxford University Press), bringing the best online courses in accountancy, finance and business to the wider public and equip individuals with the essential skills to kickstart and supercharge their careers. Find out more: http://www.acca-x.com---Our privacy policy: https://goo.gl/JfKztq

SLEEK300 +65 6909 2214

✅ Built by entrepreneurs, for entrepreneurs, Sleek’s mission is to make the lives of our fellow entrepreneurs easier. 🚀 It is the easiest way to get started and manage a business day to day. Just one platform to digitally manage company incorporation, compliance, bookkeeping & accounting, payroll, reporting, taxes and SO much more. Sleeks human-first, tech-enabled approach helps entrepreneurs automate repetitive tasks, while our supportive experts offer the best, personalised advice to our customers.🌏 Present across Singapore, UK, Australia and Hong Kong, Sleek has served over 450,000 clients across 110 countries, and processed millions of bookkeeping transactions digitally.📍 Sleek is registered with the company registry and tax authorities of Singapore, Hong Kong, Australia and the UK. We are also regulated by the Monetary Authority of Singapore under the Payment Services Act, and issued a Major Payment Institution (MPI) licence No. PS20200521.

SCS GLOBAL GROUP126 +65 6221 1718

SCS-Invictus is an international group of advisory & professional services firms founded in 2002. We are an independent and results driven organization, committed to providing practical, value-added and quality services. Our expertise stems from the vast experience of our seasoned partners, and a key group of professionals who have prior experience in the largest international professional services network firms, established consultancy companies, banks & other financial institutions.SCS-Invictus provides a wide range of professional services, including:• Accounting, Financial Reporting and Company Support services• Assurance• Business Advisory and Consulting• M&A and Corporate Finance• Tax Advisory and ComplianceSCS-Invictus is currently located in 19 countries, and assisting our clients in over 30 locations, including APAC region, India and USA. Our network of around 400 professionals is complemented by joint ventures and strategic alliances, bringing the total talent pool to over 1,500. Our intellectual capital and operating philosophy help us to provide seamless solutions to our clients across the globe.Deriving from our multicultural background, SCS-Invictus offers services in English, Japanese, Mandarin, Bahasa Malaysia / Indonesia and other local languages.Our clientele ranges from SMEs to large MNCs. SCS-Invictus’s list of reference clients includes many notable Japanese companies such as Dentsu, Hitachi, Mizuho Bank, NEC, Oji Paper, Sumitomo and Toray. However, we have also helped international firms from other countries such as Vopak, Thales Group and Moet & Hennessey.

SCS-INVICTUS GROUP115 +65 6221 1718

SCS-Invictus is an international group of advisory & professional services firms founded in 2002. We are an independent and results driven organization, committed to providing practical, value-added and quality services. Our expertise stems from the vast experience of our seasoned partners, and a key group of professionals who have prior experience in the largest international professional services network firms, established consultancy companies, banks & other financial institutions.SCS-Invictus provides a wide range of professional services, including:• Accounting, Financial Reporting and Company Support services• Assurance• Business Advisory and Consulting• M&A and Corporate Finance• Tax Advisory and ComplianceSCS-Invictus is currently located in 19 countries, and assisting our clients in over 30 locations, including APAC region, India and USA. Our network of around 400 professionals is complemented by joint ventures and strategic alliances, bringing the total talent pool to over 1,500. Our intellectual capital and operating philosophy help us to provide seamless solutions to our clients across the globe.Deriving from our multicultural background, SCS-Invictus offers services in English, Japanese, Mandarin, Bahasa Malaysia / Indonesia and other local languages.Our clientele ranges from SMEs to large MNCs. SCS-Invictus’s list of reference clients includes many notable Japanese companies such as Dentsu, Hitachi, Mizuho Bank, NEC, Oji Paper, Sumitomo and Toray. However, we have also helped international firms from other countries such as Vopak, Thales Group and Moet & Hennessey.

Top Accounting And Tax Companies in Vietnam

Key Statistics from 2022: GDP and Employment

According to the General Statistics Office of Vietnam, the accounting industry is an important contributor to the country's GDP, with a growth rate of 7.6% in 2021. The industry is expected to continue growing in 2022, driven by the country's expanding economy and the increasing demand for high-quality accounting services. In terms of employment, the accounting industry provides jobs for accountants, auditors, tax advisors, and other professionals, contributing to the country's growing workforce. In 2022, the industry employed approximately 105,000 professionals, representing an increase of 7.5% from the previous year.

Factors Contributing to Growth and Success: Government Initiatives

The Vietnamese government has been instrumental in promoting the growth and success of the accounting industry in Vietnam, implementing several initiatives to support the industry's development. One of the key initiatives is the "Vietnamese Enterprise Development Strategy for 2021-2030," which was launched in 2021 to promote the development of the country's enterprises, including the accounting industry. The strategy aims to improve the competitiveness of Vietnamese businesses and to promote the country's economic growth.

Another key initiative is the "Vietnamese Accounting Standards," which were introduced in 2015 to promote the adoption of internationally recognized accounting standards in Vietnam. This has helped to improve the quality of accounting services in the country and to enhance the reputation of Vietnamese businesses in the global marketplace.

Finally, the government has also implemented several policies aimed at promoting the development of the accounting industry, such as tax incentives and streamlined business registration procedures. These policies have helped to attract investment and promote the growth of the industry in Vietnam.

Industry Growth and Comparison to Previous Years

The accounting industry in Vietnam is experiencing significant growth, with many companies achieving significant success and expansion. In recent years, the industry has become more diverse and competitive, with many new players entering the market.

Key Trends: Technological Disruptions

One of the key trends in the accounting industry in Vietnam is the adoption of new technologies and the emergence of new business models. This includes the use of cloud-based accounting software and automation tools, which have helped to improve the efficiency and accuracy of accounting processes. The adoption of new technologies has helped to drive growth in the accounting industry in Vietnam, making it more competitive and innovative.

Another key trend is the growing demand for sustainable and eco-friendly accounting practices, which are increasingly being used by consumers to reduce their carbon footprint and promote sustainable living. This has led to an increase in the use of sustainable materials and production practices in accounting, as well as the emergence of new sustainable design and marketing techniques.

Challenges

While the accounting industry in Vietnam is experiencing significant growth and success, there are several challenges that need to be addressed in order to sustain this growth in the long term. These include improving the quality of education and training for accounting professionals, addressing skills gaps, and promoting sustainable and inclusive growth.

Improving the quality of education and training:

Vietnam's accounting industry requires a highly skilled workforce in order to succeed, but there are significant skills gaps in the country. The government has implemented several initiatives aimed at improving education and training, but more needs to be done in order to develop a highly skilled workforce that can support the growth of the industry.

Addressing skills gaps:

The accounting industry in Vietnam requires a highly skilled workforce in order to provide quality services to clients. This requires a focus on improving the skills of accountants, auditors, tax advisors, and other professionals in the industry. The government and private sector need to work together to address this challenge by investing in education and training programs and promoting the development of new talent in the industry.

Promoting sustainable and inclusive growth:

The accounting industry in Vietnam must promote sustainable and inclusive growth in order to succeed in the long term. This includes addressing environmental challenges such as reducing waste and promoting responsible production practices, and promoting social inclusion and equality.

Future Outlook

The future outlook for the accounting industry in Vietnam is positive, with continued growth and success expected in the coming years. The government's continued focus on sustainability, innovation, and improving the business environment is a positive sign for the industry's future success. As long as Vietnam can address its challenges and capitalize on its strengths, the country is well-positioned for continued growth and success in the accounting industry.

Conclusion

In conclusion, the accounting industry in Vietnam is a crucial sector that plays an important role in supporting the country's economic growth and development. The government's initiatives and policies have been instrumental in promoting the growth and success of the industry, but there are several challenges that need to be addressed in order to sustain this growth in the long term. With the right policies and initiatives, Vietnam has the potential to become a leading hub for high-quality accounting services in Southeast Asia.

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By Melissa Goh
Published on 30 May 2023