Hose and Deloitte sign an MOU on November to cooperate in risk management.— Photo VNPlus

HA NOI (Biz Hub) — The HCM City Stock Exchange (HOSE) co-operated with Deloitte Vietnam on risk management to boost the transparency and stability of the local stock market on November 27.

On the same day, the two sides signed a memorandum of understanding (MoU) that focused on risk management systems in listed enterprises and securities companies in the city.

In addition, they carried out training on accounting and auditing for local enterprises and companies.

General Director of HOSE Phan Thi Tuong Tam appreciated the co-operation, adding that it will help enhance the competitiveness of enterprises in HCM City and also contribute to nationwide development.

State-owned HOSE, established in 2000, has nearly VND10 trillion (US$469.4 million) in charter capital, and manages 306 listed enterprises and nearly 100 securities companies and funds in southern Viet Nam.

Deloitte Viet Nam, founded more than 20 years ago as the first audit and advisory firm in Viet Nam, is part of the global Deloitte network, one of the largest professional service organisations in the world.

It has an extensive network in Brunei, Cambodia and Guam, besides Indonesia, Lao PDR and Malaysia, as well as Myanmar, Philippines and Singapore, and also Thailand. Deloitte Viet Nam delivers value-added services in tax, financial advisory and enterprise risk services, and provides consulting, audit and professional training services to the private and public sectors across a wide range of industries.— VNS