HLB INTERNATIONAL APPOINTS NEW MEMBER IN VIETNAM
HLB International, the international accountancy network, has signed a new member firm in Vietnam. Joining the network is Auditing and Accounting Financial Consultancy Service Company Limited (AASC).
AASC, founded in 1991, is one of the first two state accounting and consulting firms that were established by the Ministry of Finance in Vietnam before its privatisation in 2007. Today AASC is one of the few largest firms in Vietnam operating in the fields of accounting, auditing, consultancy and taxation.
James Frost, chief operating officer at HLBI, commented: "We have seen an increasing flow of business into Vietnam over the last couple of years as it is viewed as a viable alternative in Asia for well priced and reliable production centres. AASC has a long track record handling international companies setting up in Vietnam. Their membership in HLB strengthens our regional offering to both existing and prospective clients. AASC's ambition to continue the firm's growth and development and to reach out internationally made them a very attractive proposition to us and we are delighted to welcome them to HLB."
AASC's clients include a large number of listed companies, financial investment organisations and banks, government-owned and foreign companies and project management units as well as international credit organisations.
"Our decision to join HLB International is part of our strategic plan to integrate and strengthen the professional services of our international practice and to respond to the various needs of the market. Throughout 20 years of operation, AASC has been providing quality services to our clients in a variety of areas such as auditing, accounting, consultation and taxation, privatization and more" said Ngo Duc Doan, chairman - general director at AASC.
AASC, with 33 partners and 282 staff, is ranked 6th amongst auditing companies in Vietnam. The firm has its headquarters in Hanoi as well as branch office in Ho Chi Minh City and a representative office in the Quang Ninh province.
For further information please contact:
James Frost, chief operating officer Tel: + 44 20 7881 1100
Background to HLB International
HLB International is a fast-growing, dynamic network of independent professional accounting firms and business advisers. Formed in 1969, HLBI is a leading mid-tier international accounting network, servicing clients through its member firms in over 100 countries.
HLB International is a member of the Forum of Firms and focuses on quality and personal service, reinforced by regular quality assurance reviews of all member firms, an up-to-date ISA compliant international audit manual and membership of external professional bodies focused on quality issues.
Member firms are well-established locally with most firms ranked among the top twelve nationally.
Background to AASC Limited
AASC was established on 13 May 1991 under Decision 164 TC/TCCB issued by the Ministry of Finance, Vietnam. In accordance to the firm's commitment with the World Trade Organization (WTO), AASC has successfully transformed from a state-owned enterprise into a Limited Company.