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Despite clearer guidance from the government, less than 20 per cent of listed companies in Vietnam have been able to meet deadlines for filing financial reports this year.
Only just over a third of companies are tooled up enough to run their own audit functions – and that’s already an increase of 16 percentage points on last year, a report finds.
Survey finds listed companies required to make new disclosures under new Environmental, Social and Governance (ESG) rules revealed more than strictly required
Failure to implement effective internal controls and comply with accounting standards have emerged as key pitfalls for companies wanting to go public in China.
Amid fears of a debt blowout in the provinces, the government prohibits local governments from funding certain types of infrastructure project in the name of ‘procurement of services’.