Deloitte Vietnam's Interaction with Its Environments

Deloitte Vietnam’s Interaction with its Environments

Abstract

Deloitte Vietnam (“the company”) is a member of global Deloitte Touch Tohmatsu (Deloitte Global) which is one of the global Big 4 auditing firms. Deloitte presence in Vietnam started from 2007 and its brand name has now been popular to public. Market environments shape the company’s business strategies and in turn, the company also changes its strategies to fit the environments.

Introduction

Deloitte Vietnam – member of Global Deloitte Touch Tohmatsu is founded on 13 May 1991 under the name Vietnam Auditing Company (“VACO”). It is undisputedly the newest established professional service firm in Vietnam. The company’s presence has marked the inauguration of the audit profession in Vietnam. It is the fastest growing firm amongst competitors.

Deloitte Vietnam is a full-service professional firm which offers auditing, tax compliance and consulting, financial advisory services, and enterprise risk services. The head quarter is in Hanoi and satellite offices are in Ho Chi Minh, Da Nang, and Hai Phong.

Deloitte Vietnam joined Deloitte’s Southeast Asia cluster (“the cluster”) in 2007. Now we are able to better serve our clients with bigger scale and expertise. The membership with the cluster allows Deloitte Vietnam offer consistent high quality services cross borders wherever our clients are operating.

Deloitte Vietnam’s clients include giant state-owned enterprises (“SOEs”), foreign direct investment companies (“FDIs”), joint stock companies, private, and not-for-profit organizations in Vietnam.

Deloitte Vietnam’s big competitors are KPMG, PricewaterhouseCooper, and Ernst & Young. There are some other local auditing firms but they are not strong enough to compete with Deloitte Vietnam.

The internal and external environment always has certain impact to the business of Deloitte Vietnam. The company also has to change their business strategy to suit with...