Accounting and Finance
VAS Interpretations

Accompanying with accounting standards published, the Ministry of Finance of Vietnam has issued circulars to provide additional guidance for a particular standard. The standard will not be effective once the circular has not been issued.

Vietnam Generally Accepted Accounting Principles ("VN GAAP")

VN GAAP which is more than well-known by name Vietnamese Accounting Standards and System, is not one set of accounting principles but dispersed in laws and regulations. VN GAAP consists of number legal documents including accounting law, accounting standards (VAS) and its interpretation, financial management regime, accounting regime and guidance on accounting treatment of specific transactions etc.