Deloitte Vietnam talks corporate governance with public companies
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The audit committee is established with the aim of enhancing confidence in the integrity of an organization`s processes and procedures relating to internal control and corporate reporting including financial reporting.
The committee has thus become one of the main pillars of the corporate governance system around the globe in public companies and its establishment is thus a fundamental prerequisite to the attraction of portfolio equity investment.
This is according to auditors of Deloitte Vietnam, who on June 9 presented for Vietnamese listed companies a seminar addressing international norms in corporate governance.
At the seminar, Ha Thu Thanh, chair and CEO of Deloitte Vietnam explained in considerable detail the need for public companies to raise their awareness of the ramifications of corporate governance and the role of audit committee in supervising the efficiency and effectiveness of internal audits.
The seminar was cosponsored by the International Finance Corporation, Hanoi Securities Exchange and Ho Chi Minh City Securities Exchange (HOSE) and is part of an effort to bring public companies on par with their global counterparts in the competitive world of attracting capital in the equity markets.
A similar conference is scheduled for June 10 in HCM City.
This is according to auditors of Deloitte Vietnam, who on June 9 presented for Vietnamese listed companies a seminar addressing international norms in corporate governance.
At the seminar.
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The seminar was cosponsored by the International Finance Corporation, Hanoi Securities Exchange and Ho Chi Minh City Securities Exchange (HOSE) and is part of an effort to bring public companies on par with their global counterparts in the competitive world of attracting capital in the equity markets.
A similar conference is scheduled for June 10 in HCM City.
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Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years