The Vietnam CFO Forum 2014 on the theme of "Building Success From Failure" was hosted by Vietnam Chief Financial Officers (VCFO) in cooperation with Japan Association for CFOs (JACFO) and the Association of Chartered Certified Accountants UK (ACCA) on 25 November 2014 at Lotte Legend Hotel, Ho Chi Minh City.
The Vietnam CFO Forum 2014 on the theme of "Building Success From Failure" was hosted by Vietnam Chief Financial Officers (VCFO) in cooperation with Japan Association for CFOs (JACFO) and the Association of Chartered Certified Accountants UK (ACCA) on 25 November 2014 at Lotte Legend Hotel, Ho Chi Minh City. This is the 6th consecutive year the forum has been hosted.
This years forum was honored to welcome distinguished delegates: Dr. Han Manh Tien, President of Vietnam Association of Corporate Directors (VACD), Mr. Hiroshi Yaguchi, Founder and Executive Director of Japan Association for CFOs, Mr. Nguyen Ngoc Bach, Chairman & CEO of AsiaInvest Group and Director of Vietnam CFO Club and Ms. Le Thi Hong Len, Head of ACCA Vietnam, Association of Chartered Certified Accountants UK (ACCA).
The conference was participated in by more than 300 delegates, including Chief Financial Officers, Senior Financial Analysts who are members of IAFEI, VCFO, JACFO, ACCA, experts from domestic and international financial institutions, and the leaders including Chairman and Chief Executive Officers of some of the largest enterprises in Vietnam.
When 2014 dawned, the year was welcomed with more optimism with prospects of a stronger economy expected. However, the majority of Vietnam enterprises are still facing difficult times, suffering heavy losses and facing the prospect of going out of business. This can be seen as an inevitable consequence of over-investments in the boom years of 2006-2008.
The highlight of the Vietnam CFO Forum 2014 was the sharing of experiences of local and Asian finance experts: Dr. Han Manh Tien - President of VACD, Mr. Nguyen Xuan Thanh – Director of the Fulbright Economics Teaching Program, Mr. Ong Wei – Managing Director of AsiaInvest Singapore, Mr. Le Hai Phong – CFO, Bao Viet Holdings, Mr. Craig Paterson – Regional Director – Risk Consulting – Jardine Lloyd Thompson (JLT), Ms. Le Thi Hong Len – Head of ACCA Vietnam, Mr. Robin Page – CEO, Treasury Management International (TMI), Mr. Peter Cheng – CFO, Microsoft Vietnam.
Local and international economic experts presented an overview of the Asia and Vietnam economic outlook for 2015, providing an insightful analysis of the underlying causes of the failure in investment of Vietnam enterprises during the past year. They also shared techniques and experience in capital attraction and risk control. The future of finance talent was also be a topic for discussion in the forum.
Mr. Ong Wei – Managing Director, AsiaInvest Singapore with the presentation on “The Art of Attracting Capital"
The forum was sponsored by gold sponsors: Microsoft Vietnam, Jardine Lloyd Thompson (JLT), Suntory Pepsico Vietnam Beverage and co-sponsors: Bao Viet Holdings, SCS Global Consulting Vietnam and the endorsement of media agencies.