The State Securities Commission and the Vietnam Association of Certified Public Accountants signed a bilateral cooperation agreement.

On December 9th, the signing ceremony for the 4th Bilateral Cooperation Agreement between the State Securities Commission (SSC) and the Vietnam Association of Certified Public Accountants (VACPA) took place at the SSC headquarters.

The State Securities Commission and the Vietnam Association of Certified Public Accountants signed a bilateral cooperation agreement.

Speaking at the ceremony, the Chairwoman of the State Securities Commission of Vietnam, Vu Thi Chan Phuong, stated that the Vietnamese stock market has undergone nearly 30 years of formation and development; throughout this journey, VACPA has always accompanied the market as a reputable professional organization, aiming for the common goal of enhancing transparency and the quality of goods on the market. From 2011 to the present, the State Securities Commission of Vietnam and VACPA have signed many close cooperation agreements and achieved practical results, making an important contribution to the development of the stock market and the independent auditing industry.

"To continue strong, transparent, and sustainable development, aiming for upgrading to higher standards and becoming an important medium- and long-term capital mobilization channel for the economy , improving the capacity to implement IFRS financial reporting standards to bring quality closer to international practices and on par with countries in the region is a crucial task for developing countries, including Vietnam," the Chairman of the State Securities Commission emphasized.

Accordingly, Chairwoman Vu Thi Chan Phuong highly appreciated and agreed on the necessity of strengthening cooperation between the State Securities Commission and VACPA to aim towards the goal of developing a safe, transparent, and sustainable securities market, thereby creating a foundation for enhancing investor confidence and promoting the stable development of the market.

At the meeting, Ms. Vu Thi Mai, former Deputy Minister of Finance and Chairwoman of VACPA, shared that during the period 2021-2025, the cooperative relationship between the State Securities Commission of Vietnam (UBCKNN) and VACPA has become increasingly close. Both sides maintain effective coordination in exchanging information, proposing practical solutions to serve the supervision of the securities market, contributing opinions on draft thematic documents, and building a legal framework consistent with the functions and tasks of each agency.

The Chairman of VACPA expressed his hope that in the period 2026–2030, the State Securities Commission of Vietnam (UBCKNN) and VACPA will continue to expand and enhance cooperation through specific contents agreed upon in the recently signed Memorandum of Cooperation. This strengthened coordination is expected to contribute to improving the quality of auditing activities, promoting the sustainable development of the securities and auditing industries, and thereby making a positive contribution to the overall development of the economy.

Source: https://daibieunhandan.vn/uy-ban-chung-khoan-nha-nuoc-va-hoi-kiem-toan-vien-hanh-nghe-viet-nam-ky-ket-hop-tac-song-phuong-10399976.html