APEC Economy: Viet Nam

Accountancy Services – General background

In Viet Nam, provision of all accountancy services requires a license from a regulatory body.

All types of accounting service require a certificate of accounting practices issued by Ministry of Finance.

These accounting services include: service accountant/chief accountant, accounting advisor/trainer, financial consultant, tax declaration, and other accounting services as per regulations.

Licensing Requirements

The contact details of the organisation that controls the licensing of accountants and the applicable regulations to licensing in this economy are as follows:

Ministry of Finance
Address: 28 Tran Hung Dao
City/Town: Hanoi
ZIP/ Postcode: 10000
Economy: Viet Nam
Phone number: (84-4) 22202828
Email address: support@mof.gov.vn
Website: http://www.mof.gov.vn

The applicable regulations are:
Decision number No. 94/2007/QĐ-BTC issued by Ministry of Finance dated 16 November 2007, amended by Circular No. 171/2009/TT-BTC dated 24 August 2009.

Licensing of Foreign Nationals

A foreign accountant can obtain a license to provide accountancy services in this economy. A foreign organization may be approved by Viet Nam’s Ministry of Finance must satisfy the following conditions:

There are specific restrictions or requirements relating to education and experience (other than nationality or residency) that limit the ability of foreign nationals or residents to become fully licensed local accountants in this economy. The minimum level of education is a university degree in accounting which includes related subjects such as auditing, commercial law, company law and taxation. Further details are as follows:

Data on the number of accountants including foreign:

Limited Licence

A foreign accountant cannot obtain a limited licence to provide accountancy services in this economy.

Professional Accounting Bodies

There are two recognised professional accounting bodies in this economy:

Organisation 1:

Viet Nam Association of Certified Public Accounting (CACPA)


Room 304, Project Building

Address 2:

No.4 1st Lane, Hang Chuoi Street


Ba Trung District




Viet Nam

Email address:


Phone number:
Fax Number:

+84 4 9724334       
+84 4 9724354



Levels of membership:

  • Official Member
  • Associate Member
  • Honorary Member

Eligibility to other bodies in the APEC economies

Not specified

Alliance & MOUs

In 2003, under the recognition of Government Body, ACCA & Ministry of Finance (MOF) signed a Memorandum of Understanding (MOU) in which students who study ACCA in Viet Nam will have chance to study Tax Viet Nam & Law Viet Nam and chance to do a conversion test to become CPA Viet Nam Members.

Organisation 2:

Viet Nam Association of Accountants and Auditors (VAA)


192 Giai Phong Road


Thanh xuan District




Viet Nam

Email address:


vaaViet Nam@gmail.com

Phone number:

Fax number:

+844 868 6714

+844 868 6722

Levels of membership:

Primary member

Associate member

Honorary member

Eligibility to other bodies in the APEC economies

ASEAN countries:
Brunei Darussalam, Indonesia, Malaysia, Philippines, Thailand & Singapore.

Alliance & MOUs

ASEAN countries through Framework Agreement on Mutual Recognition between the ASEAN countries in providing accounting services, audit.
(ASEAN countries: Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Thailand & Singapore)

Temporary practice arrangements

A foreign accountant cannot obtain a limited licence to provide accountancy services in this economy.

Rules on firms and commercial association

In this economy:

Other regulatory issues

In this economy there are:

Additional information relevant to the Accounting profession

Foreign accountants can become members of local accounting bodies through MRAs. However, in order to offer accountancy services as a principal it is necessary to also hold statutory licences.

Contact Details

Additional information is available at:

Ministry of Finance Licensing
Website: http://www.mof.gov.vn/portal/page/portal/mof_en

Official of Services Division of Planning and Investment’s Ministry
Website: http://www.mpi.gov.vn/portal/page/portal/mpi_en