HCM City set to host 2015 Viet Nam CFO Forum

Tuesday, Nov 17, 2015 17:15

The 2014 Viet Nam CFO Forum that was held in HCM city. — Photo thoibaotaichinhvietnam.vn

HA NOI (Bizhub) — Vietnamese and foreign financial professionals will discuss financial strategies at the 2015 Viet Nam Chief Financial Officer Forum even as the threat of a currency war looms over the region.

The event, to be held at the Sheraton Saigon Hotel in HCM City on November 24, will have on its agenda "financial management faces current currency context."

In 2015 global financial markets saw high volatility with monetary policy changes by the US Federal Reserve and devaluation of the Chinese yuan adding to fears of a third global currency war.

In this context, Vietnamese companies in the manufacturing and exporting industries financed with a high proportion of foreign currency loans and without financial management optimisation strategies can face severe challenges.

At the forum, experts will share their experience and practices to help attendees gain a broad understanding of the underlying causes as well as potential solutions to managing the fallout, especially if there is a currency war.

This is expected to help participants improve decision-making with regard to management, investment, capital mobilisation, and risk controls in moving towards sustainable enterprise development with sufficient financial power as Viet Nam and the region move towards greater international integration.

The event will be organised by the Viet Nam Chief Financial Officers, Japan Association for Chief Financial Officers, and the Association of Chartered Certified Accountants, and attended by 300 delegates, including chief financial officers, senior financial analysts, and members of the organising associations and of the International Association of Financial Executives Institutes.

There will also be experts from financial institutions and chairpersons and chief executive officers of top local companies. — VNS

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