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The 4th VAA Congress: A Great Success

The 4th Vietnamese Association of Accountants and Auditors (VAA) Congress was held at Opera House, Hanoi on the 16th April of 2009 with the theme “Solidarity, Integration and Development”. There were 339 delegates at the Congress, representing VAA’s 12000 members, who were also there to commemorate the 15th anniversary of VAA.

Among the guests attending the Congress were the leaders from the Financial and Budgetary Committee of Vietnam National Assembly, the Ministry of Finance, the Vietnam Union of Science & Technology Associations (VUSTA), VCCI, the representatives of interior and external occupation associations and ex-leaders of the Ministry of Finance, as well as former leaders of VAA who had directed and led the accountancy and audit sector before. The congress was also honored by letters from the Standing Vice-Prime Minister Nguyen Sinh Hung as well as from Minister of Finance Vu Van Ninh.

In their letters, Mr Nguyen Sinh Hung and Vu Van Ninh expressed their support for the achievements and development of VAA in the recent year and urged VAA to work further in contributing to the national innovation and development of accountancy and audit in Vietnam.

The Congress was also attended by the Deputy Minister of Finance Tran Xuan Ha, Vice Chairman of Central Committee of Vietnam Union of Science and Technology Associations, Prof. Doc Nguyen Huu Tang and the Director of ACCA in Asean & Australia, Mr Tay Kay Luan, who also spoke at the Congress. They spoke of their high appreciation of VAA’s activities, results and gave the requirements and orientations in the next tenure in the context of deeply-integrated, open continuing Vietnam economy.

The congress reported on the activities during the 2004 – 2009 time period as well as the direction to be taken in the 2009 – 2014 tenure. Among the prominent, effective activities carried out during the 2004 – 2009 tenure are scientific consultanting, social feedback on the national, economic and financial policies; training of chief-accountants, accountants and audit officals; to establish and maintain diplomatic relations with Accountants and Auditors Associations, expanding of membership and quality control for accounting practitioner on Ministry Of Finance assignment.

The congress evaluated the shortcomings during the previous tenure and discussed potential for better effiency and distribution for socio – economic development. One of the shortcomings was the weakness of the professional system in which the concurrent cadres lacked enthusiasm in taking part in VAA.

The congress discussed the direction and the tasks in the 4th tenure (2009 – 2014) and decided on the following goals: Improving quality and raising the position and role of VAA in the integrational, open market economy.

There was also some discussion on reviewing the VAA Charter with emphasis on regulations stipulating the nature, position, name and member agencies of VAA; duties and jurisdictions, member titles and the role of VAA.

The congress also elected the central commitee of VAA for the 4th tenure which include he President, Vice - President, General Secretary and 11 permanent members of the Central Committee of VAA and 5 people for the Inspection Board. The elected committee members are as follows:

VAA President: Vice – Prof. Dr Dang Van Thanh, National Assembly ’s high ranking expert.
General Secretary: Mr Do Dinh Lam.
Vice - Presidents: Vice - prof, Dr Dang Thai Hung, Vice - head of department of Accountancy and Auditing system, Ministry of Finance; Doc Cao Tan Khong, Vice - General Vietnam State Auditor; Mrs Trinh Thi Hong Nguyet, in charge of the South Office of VACPA
Head of the Inspection Board: Mr Pham Cong Tham, ex - head of department of Finance, Ministry of Industry and Trade

The congress has utmost confidence in the steering committee of the tenure and believes that they will do their best to maintain and promote VAA’s activities and bring VAA to the next level.

The Resolution passed in the Congress showed that VAA had overcome many challenges thanks to the strength of solidarity and spirit of VAA and members.

In the 4th tenure, the challenges and opportunities are expected to be bigger; what with the economy which is still reeling from the financial crisis. Therefore, accounting and auditing has become necessary for transparency of financial and economic activities of the State financial system. The last tenure’s lessons have encouraged VAA and its members to enhance activities, bring into play the strength of talent which has made VAA into a socio - professional organization, satisfying social need as well as fulfilling the needs of the accountants and auditors.

Following the congress, the Central Committee and members will soon launch activities following in the Congress’ Resolution; such as promoting the national accountancy and audit sector, taking advantage of the support provided by the Ministry of Finance and other nationwide financial agencies and most importantly fulfill the objectives and duties in the 4th tenure.


 
 
 
 
 
 
 
 
 
 
 
 
 
 

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