On May 6, 2011, Deloitte Vietnam Company celebrated its 20 year anniversary to honour achievements and acknowledge the contribution of its clients and partners, who have been continuously supporting Deloitte over this long period.
The Vietnamese independent audit history commenced in 1991 when the first audit company, Vietnam Auditing Company (VACO) - the precursor of Deloitte Vietnam was established on May 13, 1991. The 20-year journey of Deloitte Vietnam thus matches the 20-year history of Vietnamese independent audit.
In 1992, VACO joined hands with Deloitte Touche Tohmatsu International (DTT), to focus on expanding levels of international expertise and technical training for Vietnam. This cooperation was later followed by an important turning point in Deloitte Vietnam’s development through establishment in 1995 of an audit joint venture company called VACO Deloitte. This joint venture company initiated the integration of the company and signalled a new direction for the Vietnamese independent audit sector.
Two years later, VACO Deloitte once again changed its operating form and became an official member of Deloitte. This change transformed a local audit company into a member and representative of an international auditing and consulting firm.
Moving forward, the year 2007 marked an important milestone in Deloitte’s development in the Vietnamese market. VACO Deloitte was the first company to successfully transform its ownership and to apply a new governance model - a model of Deloitte, and become Deloitte Vietnam. As a full member of Deloitte Global, it was the seventh company in Southeast Asia to achieve this status.
After becoming an official member of the world’s leading audit and consulting firm, Deloitte Vietnam has continuously recorded the highest rate of growth amongst audit companies in Vietnam. Ms Ha Thi Thu Thanh, Country Managing Partner of Deloitte Vietnam, said “ In 2010 Deloitte Vietnam had the 2nd highest revenue out of 165 audit companies operating in Vietnam. Our total revenue accounted for a 13.2 percent overall share of total gross revenue for the entire group of 165 companies.
The year 2010 also marked great success for Deloitte Global when it became the biggest audit and consulting company in the world. As a member of Deloitte Global, Deloitte Vietnam is also proud of its significant contribution to that success and was assessed as the fast-growing entity amongst 152 member firms.
After 20 years of continual development and success, Deloitte Vietnam now commences another journey where there are opportunities as well as challenges ahead. The company will focus even greater effort to achieve more success in the future and provide clients with the best value added audit and consulting services. A key part of this approach is linked to the "AS ONE" strategy -“One Deloitte” that Deloitte Vietnam is pursuing with other Deloitte member firms worldwide.
Accordingly, Deloitte Global is committed to serving all clients with "One Standard" of expertise and service on a worldwide basis.
Hai Yen
Vietnamese
