IFRS 9 for banks set to be the way forward
IFRS in Vietnam
The International Financial Reporting Standards (IFRS) Roadmap in Vietnam was officially announced in Decision No.345/QD-BTC in March by the Ministry of Finance. Against the mandate by the ministry and economic distress caused by COVID-19, KPMG now views the application of IFRS to be more challenging than anticipated as banks in Vietnam plan forward to embrace IFRS 9.
Read the full article on Vietnam Invesmtment Review:
Director, Risk Consulting
KPMG in Vietnam