On September 14, ACCA held a ceremony to mark its 25^th anniversary in Vietnam, bringing together representatives from regulatory authorities, professional bodies, businesses, partners, experts, and the ACCA community to reflect on its journey of supporting the development and integration of Vietnam’s accounting, auditing and finance professions, as well as the business community.

At the event, ACCA reaffirmed its commitment to contributing to Vietnam’s development, expressing appreciation to its partners, members and students, while also setting out new directions for collaboration in response to rapid changes in technology, ESG and sustainability requirements.

Speaking at the event, Helen Brand, ACCA’s chief executive, expressed her appreciation to the State Audit Office of Vietnam (SAV), the Ministry of Finance, strategic partners, and the ACCA community in Vietnam.

“We want to continue working alongside all of you to build a sustainable and prosperous economy that benefits all people in Vietnam. ACCA is ready to play an active role in supporting economic growth, developing a highly skilled workforce, and helping realise Vietnam’s ambition of becoming a competitive international financial centre,” said Brand.

Helen Brand, ACCA’s chief executive. Photo: ACCA Vietnam

Ha Thi My Dung, deputy state auditor general of SAV, delivered remarks congratulating ACCA Vietnam on its 25^th anniversary and stated that the SAV has always regarded ACCA as one of its important partners.

“I am confident that ACCA will continue to build on its role, reputation and international experience and make an even greater contribution to the development of Vietnam’s professional community,” Dung said. “From the SAV’s side, we look forward to continuing our close cooperation with ACCA, strengthening the sharing of international experience and knowledge; enhancing cooperation in training and human resource development; exchanging views on innovation in audit methodologies and the application of technology and AI; and encouraging professional activities aligned with new requirements for public financial management and sustainable development.”

25 years

ACCA’s story in Vietnam began in 2001 with just 11 members. Today, ACCA has more than 1,300 members across the country and more than 7,000 students on their journey towards becoming ACCA members.

Behind these figures is a dynamic and growing community present across every sector of the economy, taking on critical roles ranging from accounting, auditing and finance to governance, strategy and sustainability.

This growth has been driven by extensive cooperation between ACCA and regulatory authorities, professional bodies, businesses, and educational institutions in Vietnam and around the world. At the same time, ACCA has promoted a range of initiatives to strengthen professional capabilities and expand opportunities for Vietnam’s finance professionals to access global standards and the international finance community.

Beyond professional development, ACCA has also established itself as a pioneering organisation in Vietnam, making significant contributions to policy dialogue and discussions on governance, strategy, environmental, social, and governance (ESG), sustainability reporting and issues directly affecting business operations.

Through its network of experts and corporate partners across 179 countries, ACCA promotes the sharing of international knowledge and best practices, helping organisations strengthen their financial and governance capabilities while preparing finance professionals for the evolving demands of business.

In particular, as the finance function increasingly shifts from a focus on reporting and control towards strategic planning and value creation, ACCA continues to equip professionals with the capabilities to take on roles extending beyond traditional finance, including risk management and strategy, as well as ESG, sustainability and transformation.

ACCA’s 25-year journey in Vietnam has unfolded alongside the professionalisation, integration and transformation of the economy. Building on this foundation, ACCA said that they would continue working to connect Vietnam with the global professional community, boost international standards, and support the development of a finance workforce capable of creating value for the economy and global markets.

ACCA Vietnam: 25 Years of Impact, Shaping the Future. Photo: ACCA Vietnam

Amid shared challenges such as climate change, the emergence of new technologies such as AI, and growing demands for transparency, the role of the accounting, auditing and finance community continues to expand significantly. For ACCA, these shifts require professionals not only to keep their technical knowledge up to date, but also to strengthen their adaptability, strategic thinking and ability to create value.

“This remains a key focus of ACCA’s direction in Vietnam in the next phase: continuing to connect Vietnam’s professional community with global standards, knowledge and opportunities,” said Brand.

“Perhaps the world has never needed the capabilities and qualities of professional accountants more than it does today,” she added. “However, we believe that professional accountants equipped with the right knowledge, skills and qualities can help organisations and countries overcome these challenges.”

The 25th anniversary, therefore, is not only an occasion for the ACCA community to celebrate what has been built over the past quarter-century. It also provides a foundation for ACCA to continue working alongside Vietnam in building a dynamic, sustainable and prosperous economy.

At the event, ACCA was honoured to receive Certificates of Merit and Letters of Commendation for its collective and individual contributions from the State Audit Office of Vietnam on July 9. The recognition reflects ACCA’s contributions throughout its cooperation with the State Audit Office of Vietnam and marks a meaningful milestone in the cooperative and friendly relationship between the two organisations.

ACCA and VACPA deepen partnership to support Vietnam’s green finance transition The renewal of the MoU between ACCA Vietnam and the VACPA marks not only a new chapter in their long-standing partnership, but also a shared commitment to build a transparent, sustainable financial ecosystem and address the growing risk of greenwashing.

Building trust is vital for green finance transition Vietnam has taken an important policy step with its Green Taxonomy, but stronger professional judgement will be required across the financial ecosystem. Talking to VIR’s Hazy Tran, To Quoc Hung, country manager of ACCA Vietnam, said that Vietnamese businesses need to move beyond a compliance-driven approach by building a reliable data foundation.

On September 10, Great Place to Work announced the Best Workplaces in Asia 2026 ranking. With this result, Greenfeed has made its debut on a workplace ranking at the regional level.

The recognition follows Greenfeed’s inclusion in the Top 10 Best Workplaces in Vietnam 2026 in the large enterprise category, announced by Great Place to Work in May.

“From a Vietnamese agriculture – food company, we made our first appearance on a workplace ranking at the Asian level. This is more than a title; it reflects our ongoing efforts to build a workplace where people are well cared for, empowered to grow and given opportunities to create positive value together with the organisation,” said Greenfeed representative.

Sustainable growth starts with suitable people

Founded in 2003, Greenfeed has grown from an animal feed manufacturer into a diversified group with a 3F Plus agricultural ecosystem spanning animal and aqua feed, breeding and farming, food, logistics and technology.

The company currently employs more than 5,500 people across offices, manufacturing plants, farms and business units in Vietnam, Laos, Cambodia and Myanmar.

An animal feed mill of Greenfeed in Vietnam. Photo: Greenfeed

According to Greenfeed, having the suitable people is the foundation of sustainable growth and a key driver of transformation across the organisation.

Guided by the direction of “Synergising transformation into resilience”, the company focuses on creating a safe, inclusive and engaging workplace while enabling employees to learn, develop and grow alongside the organisation amid changing market conditions.

Through training, capability development and stronger collaboration across its member companies, Greenfeed is continuously strengthening adaptability, operational effectiveness and organisational capabilities to support long-term growth.

The company’s business operations and corporate culture are guided by the Greenfeed Way, a shared framework of values, standards and behaviours consistently applied across the Group.

According to the Great Place to Work survey conducted by the company in 2025, 95 per cent of employees rated Greenfeed as a great place to work, significantly higher than the 59 per cent market benchmark.

A people-centred workplace

At Greenfeed, a healthy and human-centred workplace is shaped by the real experiences of its people throughout their journey with the company.

The company invests in initiatives that support employee wellbeing, strengthen team connections, develop individual capabilities and create opportunities to contribute to the community.

In 2026, the company organised Greenfeed Day, a team-building programme held across multiple locations in Vietnam and Southeast Asia, bringing together more than 5,000 employees.

Its total wellbeing programme, Greencare, also takes a proactive approach to health prevention, with nearly 12,000 employees and their family members participating in health insurance coverage.

In talent development, the company continues to strengthen training initiatives and build its leadership pipeline. In 2025 alone, the company delivered over 53,000 hours of training, with more than 4,700 participants from over 2,700 employees.

A key initiative is the internal Leader for Goodness (L4G) development programme, which comprises five tracks: GreenSeed (Potential Intern Programme), GreenShine (Management Trainee Programme), GreenLead, GreenExperts and G30+. Each track is designed to support employees at different stages of their development while building on their professional strengths.

Staff enthusiastically participated in activities during Greenfeed Day 2026. Photo: Greenfeed

Organised by Great Place to Work, a global authority on workplace culture, the Best Workplaces in Asia ranking recognises organisations with outstanding workplace cultures across the region.

The ranking is based on employee feedback, with assessments covering workplace experience and organisational culture.

GREENFEED Vietnam exports high-quality breeding stock GREENFEED Vietnam JSC has exported to Cambodian market its first batch of GF24 (Camborough®48) breed, a superior genetic breed transferred through the genetic marker technology of PIC – a world-leading swine genetic company.

IFC invests $43 million in GREENFEED Vietnam through a seven-year bond To support the country’s growing livestock industry, IFC is helping GREENFEED Vietnam Corporation increase its pig breeding and farming capacity, which will help ensure a reliable supply of safe and quality pork while enhancing livestock production practices in Vietnam.

GreenFeed honoured for outstanding contributions in agriculture GreenFeed Vietnam has been honoured to receive a certificate of merit from the Ministry of Agriculture and Rural Development for outstanding contributions to the development of Vietnam’s agriculture for 2022-2023.

3F Plus clean pork amazes Michelin-starred chefs During two gala nights at the international culinary event 100 Flavours on November 26 and 28, 13 Michelin-starred chefs crafted elevated fine-dining menus inspired by premium Vietnamese ingredients.

Organised by the Centre for Legal Support for Small and Medium-sized Enterprises under the Department of Civil and Economic Law of the Ministry of Justice in coordination with Vietlink Law Firm, the conference brought together experts to discuss practical legal issues arising from the growing use of e-commerce and digital platforms.

Hoang Ninh, deputy director of the Vietnam E-commerce and Digital Economy Agency under the Ministry of Industry and Trade, said the rapid growth of e-commerce platforms, social media and livestreaming was allowing businesses and household businesses to reach wider markets and scale up sales, but is also placing greater demands on internal controls.

“Sellers must provide information for identity verification, while intermediary e-commerce platforms are responsible for electronic verification before allowing sellers to conduct business. On platforms that provide online ordering functions, sellers must use their own payment accounts,” Ninh said.

Businesses consequently need clear internal arrangements covering product listings, pricing, promotions, account management and cash flows. Moving sales online does not remove requirements applicable to the goods themselves, with products requiring business licences or subject to specific conditions remaining subject to those rules when sold through e-commerce platforms.

An overview of the workshop. Photo: Vietlink Law Firm

Product information has also emerged as a significant compliance issue. Online consumers often rely on images, videos, descriptions, advertising and sellers’ claims when making purchasing decisions, making accurate information on product functions, origin, quality, prices, promotions and warranties particularly important.

“Sales content can no longer be treated solely as a marketing function. It needs to form part of a company’s broader compliance and control process,” Ninh said.

The concern is particularly relevant to livestreaming and the growing use of KOLs and KOCs as sales channels. Businesses need to control information provided to promoters, establish clear guidance on permitted content and ensure prices and promotional programmes can be updated promptly, Ninh added.

The compliance burden comes as e-commerce platforms, social media and multi-channel business models enable SMEs and household businesses to reach customers far beyond their traditional markets. Small manufacturers and retailers can promote products, receive orders, process payments and arrange delivery through digital platforms without major investment in conventional distribution networks.

Yet an online transaction can involve obligations across multiple areas, including electronic contracts, taxation, invoicing, advertising, intellectual property, consumer protection, personal data and sector-specific requirements.

Dr Le Thi Hoang Thanh, deputy director of the Department of Civil and Economic Law under the Ministry of Justice, said many businesses and household businesses still face difficulties in accessing, updating and applying regulations governing e-commerce.

“A lack of information and limited capacity to identify legal risks can lead to violations and disputes, increase compliance costs and affect business reputation and performance,” she said.

“Against the backdrop of continued development of the legal framework for the digital economy, the requirement is not simply to ‘know the law’ or comply when inspections take place, but to actively identify and control risks from the outset of organising business activities in the digital environment.”

She therefore believes that greater legal awareness and stronger risk management capabilities would help businesses reduce disputes, protect their legitimate interests, strengthen competitiveness, and build consumer confidence.

Dr Tran Minh Son, director of the Centre for Legal Support for Small and Medium-sized Enterprises under the Department of Civil and Economic Law of the Ministry of Justice, identified the fragmented legal framework as a particular challenge for SMEs and household businesses.

An online business may have to comply with rules covering business conditions, product origin, advertising, promotions, electronic contracts, taxation, invoices, consumer protection, personal data and intellectual property. For smaller businesses without dedicated legal resources, keeping track of these obligations can be difficult.

Son also warned against waiting until a dispute or inspection occurs before seeking legal advice.

“On the digital environment, an advertising error can quickly reach a large customer base, while a problematic product can be sold simultaneously across several platforms,” he said.

Tax and transaction records require closer management as businesses generate revenue through multiple platforms, payment methods and sales channels. Consistent reconciliation of transaction data can help minimise discrepancies and tax compliance risks.

Consumer protection and intellectual property present further challenges. Information displayed on online shops, including product images, technical specifications, prices, return policies and sellers’ commitments, can affect the rights and obligations of both parties. Digital content and trademarks can also be copied easily, creating risks of infringement and making protection of businesses’ own intellectual property increasingly important.

“The challenge, therefore, is not simply to add more regulations, but to make the existing legal framework more accessible and practical for businesses,” Son said.

He suggested tailoring legal support more closely to the practical needs of SMEs and household businesses. Guidance on setting up online shops, electronic contracts, tax obligations, intellectual property, data protection and complaint handling could be built around situations businesses are likely to encounter.

Electronic handbooks, online Q&A platforms, legal information portals, instructional videos, model contracts and policies could also make legal guidance more accessible and help businesses manage compliance costs.

Multi-channel shopping is vital for e-commerce growth Multi-channel shopping is on the rise, becoming a vital factor which will help retail businesses expand sales channels, thereby increasing their reach to customers and enhancing the competitive edge given the online shopping boom in Viet Nam.

Vietnam in global top 10 for e-commerce growth E-commerce in Vietnam has recorded outstanding growth of 16-30 per cent per year over the last ten years, with the market size expected to reach $20.5 billion in 2023.

Barriers remain as firms pursue e-commerce growth with EU Opportunities for Vietnamese businesses in the EU cross-border e-commerce market are growing, but barriers related to regulations and legal challenges need addressing.

Following strong profit growth in the same period last year, the profit level indicates that GREENFEED continued to maintain solid business performance despite unfavourable hog price movements in the livestock sector during the first half of the year.

Operations inside a GREENFEED’s animal feed mill in Vietnam. Photo: GREENFEED

According to securities firm Vietcap, average live hog prices in the market fell by approximately 4 per cent on-year in the first six months, affected by weaker consumer demand, food safety concerns and supply-side pressures.

A notable development was the increase in shareholders’ equity. As of June 30, GREENFEED’s equity reached $379.34 million, up 37 per cent, equivalent to an increase of $101.74 million from $277.6 million a year earlier. Compared with the end of 2025, equity increased by $25.53 million, or 7.2 per cent.

During the first six months of 2026, contributed capital remained unchanged at $196.5 million, while undistributed after-tax profit increased 15 per cent, from $170.56 million to $196.15 million. In 2025, the company delivered a strong profit performance, with full-year profit after tax reaching nearly $140.2 million, up 73.6 per cent on-year.

Alongside the expansion of its operations, total liabilities stood at approximately $280.53 million, up 17.8 per cent from $238.23 million as of June 2025. However, as shareholders’ equity grew at a faster pace than liabilities, the company’s financial leverage ratios continued to improve. Specifically, the liabilities-to-total-assets ratio declined from 0.46 times to 0.43 times, while the liabilities-to-equity ratio fell from 0.86 times to 0.74 times.

Based on the reported total equity and liabilities, the company’s total assets stood at approximately $659.87 million at the end of June 2026, an increase of nearly 28 per cent on-year.

Liquidity indicators also showed positive developments. The current ratio increased from 1.76 times to 1.85 times, while the quick ratio improved from 1.15 times to 1.53 times. Interest coverage remained strong at 22.1 times, indicating that the company maintained a healthy buffer to meet its financial obligations.

The company’s bank borrowings stood at approximately $81.93 million at the end of June, up $11.05 million, equivalent to 15.6 per cent on-year. Other payables also increased by approximately 30 per cent to $183.26 million. The increase was in line with the company’s funding needs to support its business operations and expansion investment plans.

Another notable feature of GREENFEED’s first-half 2026 financial position was the continued reduction in its outstanding bonds. On June 15, the company spent $11.50 million to partially repurchase the GFVCH2128001 bound ahead of maturity, reducing the outstanding amount from $26.84 million to $15.34 million. This is currently the only bond outstanding issued by the company.

Following the early bond redemption, outstanding bond debt decreased by approximately 43 per cent. Accordingly, the ratio of outstanding bonds to shareholders’ equity fell sharply from 0.10 times to 0.04 times. With shareholders’ equity reaching nearly $379.34 million, bonds continued to account for a relatively small share of the company’s capital structure.

The bond was issued in November 2021 with an original value of $38.34 million and an 84-month tenor, with maturity scheduled for June 2028. The company previously repurchased $11.50 million of the bond in 2024 before purchasing an additional $11.50 million this year. Proceeds from the bond issuance were used to expand operations in breeding and commercial pigs, animal feed, slaughtering, and food processing.

The company broke ground on the expansion and upgrade of its Binh Dinh animal feed mill in March. Photo: GREENFEED

The company operates an integrated 3F Plus food value chain, with a network of factories and farms in Vietnam and several Southeast Asian markets. As a result, live hog price movements remain one of the key variables shaping the company’s business environment.

Following an unfavourable period in the first half of the year, Vietcap’s base-case scenario forecasts live hog prices to remain above $2.31 per kilogram in the second half of 2026, mainly as supply could tighten amid disease outbreaks.

Under its positive scenario, Vietcap projects average prices at around $2.46 per kilogram. Meanwhile, under its negative scenario, prices could fall below $2.31 per kilogram if herd restocking accelerates supply growth while purchasing power recovers slowly.

Another long-term trend highlighted by Vietcap is the shift from smallholder farming towards industrial-scale livestock production, driven by increasingly stringent requirements for biosecurity, livestock regulations and risks associated with African swine fever. This is a development to watch closely, as the company has built an integrated value chain spanning animal feed, breeding stock and farms through to slaughtering, processing and food products.

Following a year in which full-year profit after tax reached nearly $140.20 million, GREENFEED’s first-half 2026 results indicate that the company continued to generate profit after tax of more than $65.26 million.

At the same time, equity grew faster than liabilities, capital structure ratios improved on-year, and outstanding bond debt continued to decline. Together, these factors strengthen the company’s financial foundation and its ability to adapt in the future.

GREENFEED in Top 10 Best Workplaces in Vietnam 2026 At the announcement ceremony for “Best Workplaces in Vietnam 2026” held on May 26, GREENFEED became the first and only agriculture–food enterprise to be ranked in the top 10 Large Enterprise category.

Greenfeed secures hat-trick of sustainability awards Greenfeed has strengthened its sustainability credentials with recognition from three prestigious domestic and international awards in June.

Greenfeed retains spot among best companies to work for in Asia On July 9, Greenfeed was named among ‘Best Companies to Work for in Asia’ at the HR Asia Awards 2026 for the second consecutive year.

Photo courtesy of FPT Long Chau

Since its inception on July 10, the Digital Citizen Station on the pedestrian street served as a reliable point of assistance during medical emergencies and unexpected illnesses.

The Digital Citizen Station model is led by the Ho Chi Minh City Department of Public Security in collaboration with relevant agencies with a view to increase people’s access to public services, digital health, and digital utilities.

The initiative is developed based on Vietnam’s national electronic identification and authentication platform, VNeID, integrating digital public services, healthcare, public security, and other civic utilities.

Thanks to the application of modern technology, these services can be processed at the station quickly, safely, and securely.

At the Digital Citizen Station on Nguyen Hue Pedestrian Street, citizens just need to log in with their citizen ID card or VNeID account and verify their identity through biometric authentication. The station integrates specialised medical equipment that meets the rigorous standards required for hospital-grade examinations. The process is designed to be simple and convenient, saving time, minimising the need for movement, and accommodating patients of all ages.

Citizens can easily check health indicators such as height, weight, body mass index, blood oxygen saturation, blood pressure, heart rate, body fat, and body water levels free of charge. Meanwhile, they can also schedule vaccinations, consult doctors online, access digital pharmacy services, and have medications delivered free of charge.

The station has quickly become a convenient and accessible healthcare touchpoint for citizens amid the hustle and bustle of daily life.

Under the direction of Ho Chi Minh City Department of Public Security and C06, high-quality, modern medical solutions have been implemented at the station with absolute data security.

Long Chau was selected to operate the station’s healthcare services thanks to its extensive network, modern technology platform meeting all information security standards, and a track record of trust among millions of citizens. This initiative helps complete the public-private service ecosystem at the facility, bringing practical services closer to the public. Previously, Long Chau also pioneered integration with the VNeID platform and the application of population data to serve the community.

Photo courtesy of FPT Long Chau

These stations fulfill the goal of being “close to the people,” serving as dependable medical anchor. By joining hands to build these stations, Long Chau is taking a strategic step towards expanding its healthcare network in Vietnam, improving access to modern healthcare services for everyone, and enabling Vietnamese people to benefit from advanced and equitable care.

“The model’s effectiveness lies not only in the range of services it offers but also in delivering practical value to citizens. With a people-centric approach, Long Chau will continue to innovate and bring smart healthcare closer to the public, thereby encouraging proactive health management and supporting Vietnam’s digital healthcare development,” said a representative of Long Chau.

The Digital Citizen Station contributes to the effective implementation of the government’s Project 06 and the Politburo’s Resolution 57 on digital transformation. By utilising chip-based ID cards and the VNeID app to simplify procedures, the model bridges the gap between the government and its citizens. It represents a breakthrough in the application of AI and digital technology to serve citizens, towards building a modern, transparent, and people-centric e-government.

According to experts, it is necessary to socialise the model with the participation of businesses such as Long Châu and GoTrust. This not only helps optimise resources, but also enables advanced technological solutions to be quickly put into practice, delivering effective and sustainable services.

On April 24, the Police Department for Administrative Management of Social Order under the Ministry of Public Security, in coordination with the Centre for Research, Application of Population Data and Citizen Identification, Long Chau pharmacy and vaccination system, and GoTrust inaugrated the fifth Digital Citizen Station in the CityLand Park Hills urban area in Go Vap Ward.

The Digital Citizen Station model is being deployed at several major urban developments across Ho Chi Minh City, including Celadon City, Vinhomes Ba Son, Diamond Island, and Cityland Park Hills. In the near future, this model will be replicated, with additional stations across the city and in other localities.

Photo courtesy of FPT Long Chau

PE firm Creador takes 13 per cent stake in FPT Long Chau Private equity firm Creador announced the acquisition of a minority interest in FPT Long Chau Investment JSC on April 25 without disclosing deal value.

Abbott, FPT Long Chau partner to improve Vietnam’s healthcare sector Abbott has teamed up with FPT Long Chau, a leading pharmaceutical retailer, to fight non-communicable diseases.

FPT Long Chau named top Vietnamese winner at Healthcare Asia Awards FPT Long Chau Pharma has been named the only Vietnamese recipient of the Health & Wellness Initiative of the Year award at the 2026 Healthcare Asia Pharma Awards.