BDO expands its service offering in Vietnam
The BDO international network has today announced that, effective 1 October 2012, more than 150 partners and staff from a number of Vietnam firms (including the PKF member firm in Hanoi) have agreed to form a new BDO Member Firm in Vietnam, with offices in Hanoi and Ho Chi Minh City.
This move will effectively expand BDO’s service offering in Vietnam to encompass a full range of audit, advisory and tax services, provided by a team of highly regarded industry professionals. The resulting strengthened firm is targeted to be the top 6 firm in Vietnam.
BDO’s international CEO, Martin van Roekel, commented: “We continually strive to realise our vision of being the leader for exceptional client service wherever our clients are based. As part of the emerging ASEAN market, Vietnam is an important strategic location for both BDO and our clients. Our network has strong national roots and our firms are experts in their home markets. Establishing a member firm in Vietnam offering the full suite of services our clients demand is therefore in keeping with BDO strategy.”
Mok Chew Yin, acting General Director and Managing Director of BDO in Vietnam, added: “BDO has had a presence in Vietnam since 1991 (originally as AFC Saigon). We are confident that the new team will continue to add value to businesses and organisations in Vietnam, as they bring a depth and breadth of experience across multifaceted industries and disciplines.”
BDO has concurrently terminated the membership of BDO Vietnam Co Ltd (formerly AFC Saigon) and Bien Dong Vu Financial Consulting Co Ltd. This means that the BDO Member Firm in Vietnam will no longer operate an office in Can Tho City, but will concentrate its operations through its new member firm in Hanoi and Ho Chi Minh City.
BDO Vietnam forms part of BDO’s Asia Pacific Region (ASEAN), led by Regional Senior Partner Dato’ Gan Ah Tee. Madam Mai Lan Phuong of PKF will be taking up the position of General Director of BDO Vietnam in due course.
Note to editors
BDO Vietnam is a member firm of the international BDO network.
Service provision within the international BDO network of independent member firms (‘the BDO network’) is coordinated by Brussels Worldwide Services BVBA, a limited liability company incorporated in Belgium with its statutory seat in Brussels.
Each of BDO International Limited (the governing entity of the BDO network), Brussels Worldwide Services BVBA and the member firms is a separate legal entity and has no liability for another such entity’s acts or omissions. Nothing in the arrangements or rules of the BDO network shall constitute or imply an agency relationship or a partnership between BDO International Limited, Brussels Worldwide Services BVBA and/or the member firms of the BDO network.
BDO is the brand name for the BDO network and for each of the BDO member firms.
The combined fee income of all the BDO Member Firms, including the members of their exclusive alliances, was $5.68 billion in 2011. The global network provides advisory services in 135 countries, with almost 48,900 people working out of 1,118 offices worldwide
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